Opulous introduces Decentralized Finance (DeFi) to the music industry, offering a platform for the first music copyright-backed NFTs and DeFi loans that aim to revolutionize funding for artists. The platform features three core functions: NFT Launchpad, NFT Exchange, and DeFi Loans. Opulous Music NFTs are innovative digital assets that give buyers a share of a song’s future royalties and exclusive rewards in exchange for social media promotion. The platform enables peer-to-peer DeFi loans, bypassing traditional banks, middlemen, and major labels, allowing artists to receive upfront cash based on forecasted royalties over 12 months. Market Strategy involves three phases: the Composition Phase, where exclusive NFT sales with major artists will be launched before opening the platform to all ...
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