Opulous Launches MFT Platform

Opulous
5 min readMay 23

--

Opulous Launches MFT Platform

After years in the making, it’s time for the revolution to begin. We are proud to announce the launch of our MFT Platform!

This has been a long time coming, and we would like to thank our amazing community for their continued support; we couldn’t have done this without you.

With the introduction of the MFT Platform, Opulous now offers direct MFT sales from the MFT Platform, allowing our community to support their favorite musicians and earn rewards together.

In this blog, we’ll be looking at the following:

  • Introducing the MFT Platform
  • Upcoming MFT Sales
  • Brand-new MFT Perks

The future of music is now. Let’s get into it!

Introducing the MFT Platform

Discover the Opulous MFT Platform

Explore our brand-new website to discover exclusive OPUL-only MFT sales, learn about OPUL Utility, meet our expert team, apply for MFT sales, and so much more. This is only the beginning of our new MFT Platform, so you can expect lots coming.

What are you waiting for? Head over to the MFT Platform and get started!

Upcoming MFT Sales

Discover our upcoming MFT sales

Over the past 18 months, we have been crafting our MFT Platform to offer our community MFT sales directly from our platform, enabling us to conduct more frequent sales at lower raise amounts than before.

Expect to see a lot of sales coming from now on as we build out our collection of amazing MFTs!

Wave 1 features three pivotal MFT Sales:

  • Nito NB — “Fashionably Late”
  • Lalo Ebratt — “Bubbaloo”
  • Hunter As a Horse — “The Empyrean Collection”

These initial sales provide a glimpse into the incredible music awaiting our community. Before delving into the timeline, it’s essential to note the following key information:

  1. Each MFT sale will span two weeks.
  2. The first week is reserved for those who have obtained early access passes through our Raffles.
  3. If you have won early access, your wallet will be whitelisted, granting you purchasing options for MFTs using OPUL as payment.
  4. The general sale commences in the second week, allowing anyone eligible* to purchase MFTs from the platform directly.

As a token of appreciation for #OPULFAM, our initial MFT sales will be exclusive to OPUL holders, granting them priority access to participate ahead of others. OPUL is and always will be the center of our ecosystem!

*Eligibility: To comply with regulations and align with our vision of conducting MFT sales directly from our platform, participation in MFT sales is currently limited to members residing outside of the following countries and regions:

Afghanistan, Albania, Barbados, Belarus, Burkina Faso, Cayman Islands, China, Crimea, Cuba, Democratic People’s Republic of Korea, Democratic Republic of Congo, Eritrea, Gibraltar, Haiti, Iran, Jamaica, Jordan, Libya, Mali, Mozambique, Myanmar, Nicaragua, Nigeria, North Korea, Palestine, Panama, Russia, Senegal, South Africa, South Sudan, Sudan, Syria, Tanzania, Uganda, Venezuela, Yemen, Zimbabwe. The British Virgin Islands, Singapore, and the USA are also included.

If you are from one of these nations, we are unable to offer you MFTs at this time. Rest assured, we are actively working towards expanding availability to all eligible regions. Offering this opportunity to our community is a top priority for us!

MFT Sales Timeline

Timeline for first wave of MFT sales

Here is the timeline for the first three MFT Sales on the MFT Platform:

Nito NB — “Fashionably Late”

  • Listing: Tuesday, May 23rd
  • Early Access: Thursday, May 23rd
  • General Sale: Thursday, June 1st
  • Sale Concludes: Wednesday, June 7th

Lalo Ebratt — “Bubbaloo”

  • Listing: Tuesday, May 23rd
  • Early Access: Thursday, June 8th
  • General Sale: Thursday, June 15th
  • Sale Concludes: Wednesday, June 21st

Hunter As a Horse — “The Empyrean Collection”

  • Listing: Tuesday, May 23rd
  • Early Access: Thursday, June 22nd
  • General Sale: Thursday, June 29th
  • Sale Concludes: Wednesday, July 5th

You can head over to the MFT Platform and subscribe to each sale so you don’t miss a thing.

We have significantly improved our MFT Distribution process:

  • After the sale closes, the Opulous team will initiate the minting process and coordinate the distribution of MFTs. This will take only two days to complete.
  • MFTs and NFTs* will be available directly from the Opulous Dashboard on Friday. It’s faster and more efficient than ever before!
  • Please note that Nito NB’s sales may take up to two weeks for the distribution process as we are finalizing some last security checks.
  • *NFTs — Some of our MFT sales will feature NFTs as additional perks.

Music Rewards generated from the music’s revenue will be distributed every quarter, with the first batch of rewards scheduled for September 2023. We’re about to move into an exciting time for everyone in the Opulous team and community as we embark on our first wave of sales!

It doesn’t stop there; let’s look at the brand-new perks!

Brand-new MFT Perks

Gold Nito NB Fashionably Late OPlaque

We’re thrilled to introduce exciting perks for our upcoming MFT drops!

By participating in the MFT drop, you can unlock a range of perks, including NFTs, custom merch, listening parties, and more. The perks are divided into Bronze, Silver, and Gold tiers, with increasing benefits as you level up.

One of the perks we’re most excited about is the introduction of OPlaques!

These real-life disks can be engraved with your name and the MFT sale you participated in, allowing you to showcase your MFTs. Currently, OPlaques are exclusively available to Gold tier participants. There’s nothing better than showing off your support in a track you’ve participated in the success of!

Additionally, you can collect Bronze, Silver, and Gold OPlaque NFTs for each MFT sale, based on the tier you participate in. Collecting 5 OPlaques unlocks an exclusive swag pack available for purchase by holders.

Bronze, Silver and Gold Nito NB OPlaque NFTs

Start your journey with Opulous Today!

Don’t miss out on the opportunity to be part of the future of music. Join Opulous and experience a revolutionary platform that empowers artists, connects fans, and rewards participation. Whether you’re a music lover, musician, or crypto enthusiast, Opulous offers a unique and immersive experience.

Visit opulous.org and create your account to explore the MFT Platform, discover upcoming sales, and unlock exclusive perks. Get ready to support your favorite musicians, earn rewards, and join the Opulous community.

Start your journey with Opulous today and embrace the power of music and blockchain technology combined. Let’s shape the future of the music industry together!

Join us at opulous.org and let the journey begin!

Own your music collection.

If you haven’t already, join the Opulous community by following us on all platforms so you don’t miss a thing! (TIP: activate notifications for anything posted by Opulous).

Twitter: www.twitter.com/opulousapp/

Instagram: www.instagram.com/opulousapp/

Telegram: www.t.me/opulousapp

Reddit: www.reddit.com/r/Opulous

Discord: http://discord.gg/opulousapp

YouTube: www.youtube.com/c/Opulousapp

--

--

Opulous

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