Opulous Development Update: April 2023

Opulous
7 min readApr 20, 2023

It’s been another busy month behind the scenes building our ecosystem, and we’re excited to share the latest updates with you!

In this month’s development update, we’ll share the latest on our MFT Launchpad v1, MFT Exchange v1, Website Update, OPUL Staking Pool v3, Raffles, MFT distributions, Music Rewards, chatbot widget, and our upcoming Opulous London Event.

So, please sit back, relax, and get ready to explore the latest developments from our fantastic development team.

MFT Launchpad v1

The MFT Launchpad v1 is one of our most anticipated developments, and we’re very excited to share our latest updates.

Over the past few weeks, we’ve been making the final touches including final tests for the OPUL payment flow, finalising the MFTs distribution flow and confirming the “go-live” date internally.

To show our appreciation for the support of our amazing community, we have decided that the first MFT sales will only be payable using OPUL. This exclusive opportunity will allow our community members to participate before anyone else and reap the benefits of being early adopters.

However, we also understand the importance of flexibility and plan to implement credit card and other crypto payments in the future. This will give our community more options and allow them to choose their preferred payment method!

Get ready, as on 29th April 2023, CEO and founder Lee Parsons will be showcasing the MFT Launchpad v1 at our London Opulous event. He’ll go through each aspect, including selecting which MFT drop to participate in, the purchase flow, and finally, adding MFTs to your wallet.

We’re excited to reveal everything to our fantastic community and showcase how the MFT Launchpad v1 will revolutionize the music industry. But it doesn’t stop there; we will also announce the launch date at our event!

For those who can’t attend the London event, don’t worry! We will soon announce how to join our live stream, so keep your eyes peeled for updates. We’re closer than ever to launching the MFT Launchpad v1, and it’s time to get excited!

MFT Exchange v1

We are also making significant progress on the MFT Exchange v1, which will transform how music assets are traded. Our team has integrated the order book exchange, tested trading pairs, and added quick-swap functionality to make trading more accessible and efficient. The final designs are being confirmed internally, and we’re very close to launching.

We can’t wait to bring the MFT Exchange v1 to our community. We’re confident this product will revolutionize the music industry by providing a streamlined, secure, and user-friendly platform for trading music assets.

Website Update

The progress on our website update has been outstanding, with most screens set to go live in tandem with the platform launch. Our committed development team is diligently fine-tuning the last details across the numerous pages that make up the website.

We’re so excited to share our website’s amazing look and functionality, and we can’t wait for you to see it for yourself. We’ve included some teasers from one of our latest Twitter posts to give you a sneak peek. You can check it out using the link below:

Our amazing team works tirelessly to ensure our website is user-friendly, informative, and aesthetically pleasing. Stay tuned for more updates on our website launch, and get ready to experience the future of music with us!

OPUL Staking Pool

The OPUL Staking Pool currently has over 72M $OPUL staked! It gets better; we have also extended the v3 Pool to June 29th, 2023, allowing more users to join and earn rewards!

However, we want to inform our community that from May 1st, 2023, we’ll remove My Algo Wallet from the UI and platform. This decision was made to improve our user experience and ensure that our staking pool is secure and user-friendly.

Our partner, Pera Wallet, is the only wallet you can use to connect to our platform.

We encourage our community to join the OPUL Staking Pool v3, stake your OPUL tokens and earn rewards to continue supporting the Opulous ecosystem!

Raffles

At Opulous, we’re committed to providing new opportunities for our community, and our Raffles exemplify this. We’ve recently added new raffles, including early access to upcoming MFT drops, giving our community a chance to get ahead of the game and join our upcoming sales before anyone else.

We are informing our community that we recently had some issues with our raffles, but we can confirm that all raffles have now been drawn.

Please check if you’ve won by visiting our Raffles.

Music Rewards

We want to inform our community that after recent security issues with My Algo, we’re taking more time to ensure that our distribution is safe and secure. As a result, the next round of Music Rewards will arrive in May 2023.

This will be for all three MFT drops we have completed so far:

  • Mona Lisa MFTs
  • Patek Myself MFTs
  • It’s Not Bad MFTs

We understand that our community may be disappointed by this delay, but we want to ensure we provide our users with the best possible experience. We’re working tirelessly to enhance our ecosystem and provide new opportunities for our community. We appreciate your patience and support as we continue to grow and improve!

MFT Distributions

To receive Music Rewards, you must hold your MFTs in your wallet. MFT distributions are happening with our partners at Securitize. We’re proud to work with a trusted and reliable partner to ensure our MFT distributions are secure and efficient.

To claim your MFTs, we advise our community to refer to the advice in our Music Rewards blog, which provides step-by-step instructions on claiming your rewards. You can get started by visiting our blog here.

Chatbot Widget

We’re excited to announce the launch of our chatbot widget, designed to help our community with any questions they may have.

The chatbot is already live on our website and will arrive on our app next week.

Our chatbot widget is designed to provide quick and easy answers to any queries you may have about Opulous Tech and our ecosystem. We understand the importance of providing our community with excellent customer service, and the chatbot is just one of the many ways we’re working to achieve this.

To get started with the chatbot widget, head to our website or visit our help center here and start chatting with our virtual assistant. We’re always looking for ways to enhance our user experience, and the chatbot is a valuable addition to our ecosystem. We hope you find it helpful and informative!

Opulous London Event

We are thrilled to announce our upcoming London event on April 29th, 2023. We’re excited to make some very special announcements, including a full video demonstration of our new platform, the platform launch date, and a new game-changing product.

First, we revolutionized the music industry with our MFTs, and our following product will take things to a whole new level. For a sneak peek, check out the teaser below:

In addition to these exciting announcements, we’ll have live performances, special guests, and many more surprises in store for our community. We can’t wait to share our innovations and achievements with you and celebrate the future of the music industry together.

For those who can’t attend the event in person, we’re pleased to announce that we’ll be live-streaming the event. Details of securing your place will be announced in the coming days, so keep an eye out for updates.

We’re excited about the future of Opulous and can’t wait to share it with our community. Join us at the London event, and let’s create a new era in the music industry together.

Opulous is about to change the game… again!

We can’t wait to share all the updates with our dedicated community members and create an unforgettable experience!

To stay up-to-date, follow us on Medium and social media channels. We encourage you to share this blog post and leave a comment about why you’re excited about Opulous. We’ll retweet our favourite comments!

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Don’t forget to follow us on all our platforms:

Twitter: www.twitter.com/opulousapp/

Instagram: www.instagram.com/opulousapp/

Telegram: www.t.me/opulousapp

Reddit: www.reddit.com/r/Opulous

YouTube: www.youtube.com/c/Opulousapp

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Opulous

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