Opulous #AnnouncementWeek Recap

Opulous
3 min readNov 19, 2021

It’s been another incredible week in the world of Opulous. We dropped some BIG announcements that will have a huge impact on our future — from adding new advisors, to recruiting new staff and welcoming an investment from a strategic partner.

Our community knows by now that things are always moving fast here at Opulous. So let’s process everything that’s happened this week with a quick recap.

New advisors and staff.

In case you missed it, we’ve just added some big-names to our team and advisory board from across the worlds of crypto, tech and music.

Mark Gillespie has joined us as a senior advisor. Mark is a world renowned artist manager and works with superstar DJ Calvin Harris, Will Smith and his family, plus tons of other influential figures. As CEO of Three Six Management, he has a strong foothold in Hollywood. Not only in the music industry, but film and TV too.

Our senior team has welcomed Jay Moore as Chief Investment Officer. Previously Senior Director of Investment at Kobalt — one of the world’s biggest music and technology companies — Jay brings in a huge network of dealmakers from across the music industry.

Our marketing team has grown with the addition of former Ditto Music Social Media Manager Tom Napper, who will manage all our social campaigns. Ditto’s Head of Label Services Joe Mason has also joined the Opulous team as Head of Artist Services and will oversee our future S-NFT releases.

Learn more about the Opulous team here.

S-NFT royalties will be matched 1:1 with OPUL.

We made music history by releasing the world’s first securitized music copyrights NFT. Not only that, but it sold out in just two hours — raising $500,000.

So to reward our participants, every penny you earn from your S-NFT rewards in the first distirbuton will be matched 1:1 with OPUL tokens of the same value — doubling your payments!

This bonus reward will cover both the Mona Lisa S-NFT and an upcoming release. That means you’ll not only receive a percentage of the streaming revenues of a song, but also OPUL tokens on top of that. How’s that for participation!

Find out more here.

Jump Trading invests in Opulous.

Jump Trading is one of the world’s leading trading firms. They’re a big player in crypto, having made investments in projects such as Solana, Chiliz, Luna and Serum.

And now Opulous is delighted to have joined their investment portfolio too.

Jump Trading will also serve as a market maker for our OPUL token. This means they will add liquidity to our asset, so that trading volume can increase without affecting the price.

This is not only good news for traders — it’s also ideal for exchanges. They take a fee for each trade, so if the trading volume of OPUL ramps up, our token becomes a valuable asset to list.

Read more about our Jump Trading investment here.

What’s next?
From new staking pools and S-NFT drops to exciting product releases, we’ve got plenty more up our sleeves over the coming weeks and months. So sit back and enjoy the ride.

But that’s not all. We also broke through the $200 million market cap this week! And this is just the beginning of our journey.

Get the latest news on Opulous by following our Twitter and Instagram. You can also connect with the team and other Opulous supporters in our Telegram Group.

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Opulous

Opulous is building game-changing music products transforming how artists gain funding and connect with fans!