| General information | |
|---|---|
| Global rank: | 729 |
| Name: |
Opulous |
| Symbol: | OPUL |
| Current coin price (XAF): | 54.12 FCFA |
| Last hour: | arrow_upward1.28 % |
| Last 24 hours: | arrow_upward5.79 % |
| Last 7 days: | 24.85 %trending_up |
| Capitalisation (XAF): | 15 354 888 496.96 FCFA |
| Volume 24h (XAF): | 777 914 720.55 FCFA |
| Available supply: | 283 693 726.00 OPUL |
| Total coin supply: | -1 OPUL |
| Start date: | 2021-07-27 |
Opulous/CFA Franc BEAC (OPUL/XAF) price chart
Opulous/CFA Franc BEAC (OPUL/XAF) capitalisation and volume charts
Opulous (OPUL) is a blockchain-based platform designed to bridge the gap between investors and musicians in need of funding. As an innovative peer-to-peer DeFi solution, it operates on the Algorand blockchain system. The platform's inception focuses on minting Music Fungible Tokens (MFTs), unique tokens that offer buyers a revenue share of a single, EP, or album. These MFTs provide ongoing rewards, which increase in value alongside the artist's career growth. By using Opulous, users not only invest in an artist but also gain from their investment as the artist flourishes. This platform provides a unique opportunity for users to invest in music copyrights, a privilege previously reserved for industry insiders. By owning MFTs, users can foster a deeper connection with artists, having a tangible stake in their career, or invest in budding artists and watch their music revenue soar.
Opulous was founded by Lee Parsons, the individual behind Ditto Music, a global music distribution company based in Liverpool.
$OPUL, the platform's native token, serves multiple purposes: Early Access, Purchase of MFTs, Trading MFTs, Application for Sales, Staking Rewards and Exclusive Rewards