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Opulous Token: An innovative pioneer in the music NFT space

2024-09-26 17:44:55

In today's era of booming digital economy, the combination of blockchain technology and the art industry is gradually becoming a trend. As a project focusing on the music track, Opulous is leading innovation in this field with its unique NFT (non-fungible token) direction. Unlike many traditional blockchain projects, Opulous chose real music assets with stable and predictable values, demonstrating its unique market positioning.


Opulous’ core strengths

Unique market positioning: Opulous's NFT project focuses on the music industry. There are relatively few competitors in this track, giving it a favorable position in the market. The uniqueness of the music industry lies in its high requirements for project development. The Opulous team's expertise and experience in this field undoubtedly laid the foundation for its success. By tapping deeper into the potential of music assets, Opulous provides investors and artists with entirely new opportunities.

Combining DeFi concepts: Opulous is not just a music NFT platform, it also combines decentralized finance (DeFi) concepts. Investors can place their crypto assets on the platform to earn high returns. This innovative model not only enriches the platform's asset liquidity, but also provides users with more investment options. This feature of Opulous makes it stand out among many blockchain projects.


Project’s recent flashpoints

Launching Token TGE: Recently, Opulous is about to launch the Initial Coin Offering (TGE) of its token, which is undoubtedly an important milestone in the development of the project. TGE not only provides investors with the opportunity to participate, but also injects new vitality into the Opulous ecosystem. With the launch of the token, Opulous will be better able to drive the development of its music NFT incubation, trading and lending platform.

Project introduction: The core functions of Opulous include: Music NFT incubation platform: providing a space for artists and creators to display and trade their works, promoting the digital transformation of the music industry.

Trading platform: Users can freely buy and sell music NFTs on this platform and enjoy a safe and convenient trading experience.

Lending platform: Provide users with lending services based on music assets to further enhance the liquidity of assets.

In addition, Opulous has also established partnerships with well-known Binance NFT and Algo, enhancing its influence in the industry. After Trustswap and Dao Maker completed their public offerings, Opulous's market awareness has also been significantly improved.

The role of tokens: Opulous tokens have multiple functions on the platform: Special discounts: Users who hold tokens can enjoy special discounts when trading on the platform and reduce transaction costs.

Exclusive access: Users will receive exclusive access to the upcoming NFT mint event and be the first to experience the charm of music NFT.


Token distribution:

The total supply of Opulous tokens is 500 million, and the specific token distribution is as follows:

Seed round: 10%

Strategic round: 4.4%

Private placement round 1: 9.6%

Private placement round 2: 1.4%

Seed round SHO1: 5%

Seed round SHO2: 0.8%

Team: 12.5%

Consultants and partners: 5%

Liquidity pool: 17.5%

Ecosystem: 17.5%

Foundation: 17.7%

This reasonable token distribution plan ensures the balance of interests of all parties and also provides guarantee for the long-term development of the project.

Investment institutions: Opulous is supported by a number of well-known investment institutions, including Algoran, R3, Randlabs, Basic, Somesing and Trustverse. The participation of these institutions not only provided financial support for the project, but also brought rich industry experience and resources to it.


in conclusion

With its unique market positioning and innovative business model, Opulous is opening up new possibilities in the music NFT field. By combining DeFi concepts and real music assets, Opulous not only provides investors with high-return opportunities, but also creates new value for artists. In the upcoming token TGE, Opulous is expected to attract more attention and participation and promote the digital transformation of the entire music industry.

As Opulous continues to develop, we have reason to believe that it will become a leader in the music NFT field, bringing new opportunities to more music creators and investors. The future music world will become more colorful because of Opulous.

Disclaimer:

1. The information does not constitute investment advice, and investors should make independent decisions and bear the risks themselves

2. The copyright of this article belongs to the original author, and it only represents the author's own views, not the views or positions of HiBT