How to earn money investing in music NFTs
Discover how music NFTs are revamping the digital asset revolution
NFTs are one of the hottest digital assets out there right now. You only need to look at the demand for the first Opulous music NFT sale with Lil Pump — which sold out in just two hours — to see that people want a piece of the NFT action.
There’s little doubt about a bullish future for Non-Fungible Tokens. In fact, the sales volume of NFTs across multiple blockchains rose to $10.7 billion in Q3 of 2021.
But why are they SO popular — And how can YOU earn money investing in music NFTs with Opulous?
Music Copyright S-NFTs
Well for starters, Opulous music copyright S-NFTs are very different from your bog-standard NFT.
Most NFTs out there are considered speculative assets. The value is in the eye of the beholder. You think it’s worth X, while another person says it’s worth Y.
At Opulous, we believe that this new asset class is here to stay and its importance in the digital world is set to sky-rocket further. However, we want to offer NFTs that hold more than mere speculative value.
Well, S-NFT stands for Security Non-Fungible Token. That means they can represent a stake in the music copyright of a song. So whenever the track is streamed on platforms like Spotify and Apple Music, it generates royalties, and a share of that revenue goes to the S-NFT holders.
Opulous is the only platform where artists can sell shares of their songs as S-NFTs. And because they’re registered as a Security on the SEC (Securities and Exchange Commission), your investment is safe from every legal perspective.
As such, the intrinsic value of our music copyrights S-NFT is two-fold:
An S-NFT itself can increase in value, while you can also generate passive income from the music royalties attached to it.
Investing in music
Music copyrights have been a valuable investment asset since the dawn of the music biz. You might remember the infamous story of Michael Jackson buying the Beatles’ song catalogue in 1985 for $47.5 million. Or, more recently, that Scooter Braun sold the rights of Taylor Swift’s first six albums for a jaw-dropping $300 million.
But unfortunately, this market has always been restricted to “big money”. Nowadays, many major investment firms are starting to recognize the real value of music copyrights. They’re stepping in to buy up market share in the form of music catalogues — and this market is booming. You can check out our previous blog to learn more.
At Opulous, we’ve developed S-NFTs to open a gateway for anyone who’d like to build their own portfolio and catalogue of music rights. No longer will this lucrative asset class only be available to the super-rich.
Who knows, you could get your hands on a future chart-topping song. Then watch as the value of the S-NFT rises alongside the popularity of the track. Now that’s a sound investment!
It’s not only the potential value appreciation of our S-NFTs that sets them apart from other types of NFTs. Another key difference is the opportunity to generate passive income — in the long and short term!
Any streaming revenues of an S-NFTed song (paid out by Spotify, Apple Music, and other major music platforms) will be shared between the S-NFT holders. These royalty payouts will be processed by Opulous every quarter.
The more your tracks get played, the more you earn. And with the continuous growth of music streaming services, our S-NFTs are destined to become an increasingly valuable asset class.
Royalty shares from Opulous S-NFTs will be paid out in the digital stablecoin USDC and can be claimed on the Opulous platform.
As an investor, you’ll also be able to log into your Opulous account and see detailed stats of a song’s performance. You can view the royalty reports themselves, as well as breakdowns of a track’s streaming data across different countries, music platforms, and more.
This is slated to be released in Q1 2022.
Where to buy Music Copyright S-NFTs
We’ve teamed up with renowned investment platform Republic to make the process of investing in Opulous S-NFTs easy and safe.
You can currently only buy our S-NFTs on Republic’s platforms, but we are also developing the Opulous Launchpad where any artist can put shares of their music copyrights on sale as S-NFTs. Then, on the Opulous Exchange, investors will be able to purchase these S-NFTs to start earning revenue, while also being able to trade them freely among themselves.
For now you’ll need to create an account on Republic to invest in music copyright S-NFTs. We want to make it as easy as possible; you can purchase the S-NFTs in US Dollars simply by using your credit card.
You can also connect with the team and other Opulous supporters in our Telegram Group.
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Disclaimer regarding S-NFT sales: