Buy Opulous (OPUL)
What is Opulous?
Opulous is a blockchain platform designed to transform the music industry by providing artists with direct access to their fans and offering a fairer and more transparent financing model. It leverages the capabilities of decentralised finance (DeFi) to offer musicians and artists accessible and transparent financing options.
How does Opulous work?
Opulous operates by tokenising music rights into NFTs and providing a marketplace where these can be issued and traded. The platform utilises a tokenised crowdfunding model where investors can purchase shares in future royalty payments. Through smart contracts, Opulous automates the process of capital raising and royalty distribution, utilising blockchain technology for transparency and security.
What are the potential use cases for Opulous?
Opulous can be used for tokenised music financing, NFT issuance and trading, DeFi loans for artists, and music copyright registration and management. It offers a platform for investing in music projects, with the possibility of staking for passive rewards.
What is the history of Opulous?
Founded by Lee Parsons, who also founded Ditto Music, Opulous has been involved in significant technological advancements and industry partnerships. The platform hosted its first split music copyright sale via NFTs in April 2021, and it completed a $6.5 million funding round in June 2021. Partnerships with notable entities such as Binance have been pivotal in expanding Opulous's market presence in the blockchain and music industries.
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Frequently Asked Questions (FAQs)
What is the current price of Opulous (OPUL)?
The Opulous price is $0.13049465 AUD, representing a +9.76% from the day prior.
Where is the best place to buy Opulous (OPUL) in Australia?
The best place to buy Opulous (OPUL) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Opulous (OPUL) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Opulous (OPUL)?
The trading volume of Opulous (OPUL) is $1.0M AUD in the last 24hrs, representing a +9.76% from the day prior.
How can I buy Opulous (OPUL)?
Opulous (OPUL) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Opulous (OPUL)?
The current market cap of Opulous (OPUL) is $64.5M AUD.
Can I convert Opulous (OPUL) to cash?
Yes - With Coinstash you can convert your Opulous (OPUL) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Opulous (OPUL) are there?
The current circulating supply of Opulous (OPUL) is 500.0M.
Is Coinstash a safe place to buy Opulous (OPUL) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Opulous (OPUL) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.