About Opulous
Opulous brings NFTs and DeFi to the music industry, changing how musicians access the funding they need and providing a launchpad for the first music copyright-backed NFTs and Crypto Loans.
Trading Insights
Traders
8
Searched
32
Market Stats
Market Cap
£7.22M
-4.35%
FDV
£9.08M
Circ. Supply
398M OPUL
Max Supply
500M OPUL
Total Supply
500M OPUL
Diluted Valuation
£9.09M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
£782.71K
-4.82%
Volume (7D)
£4.86M
Volume (30D)
£22.67M
All time high
£5.40
Price Change (1Y)
-75.11%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The price of Opulous has decreased by 1.26% in the last hour and decreased by 4.49% in the past 24 hours. Opulous’s price has also risen by 18.37% in the past week. The current price is £0.0180 per OPUL with a 24-hour trading volume of £782.71K. Currently, Opulous is valued at 99.67% below its all time high of £5.40. This all-time high was the highest price paid for Opulous since its launch.
The current circulating supply of Opulous is 397,685,606.743 OPUL which means that Opulous has as total market cap of £7,224,817.55.
Market details
OPUL vs markets
↘ 84.66%
OPUL vs BTC
↘ 86.55%
OPUL vs ETH
↘ 74.86%
Tags
communications-social-media
defi
music
trustswap-launchpad
+3
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x80D55c03180349Fff4a229102F62328220A96444 | |
Algorand | 287867876 | |
BNB Smart Chain | 0x686318000d982bc8dCC1cdCF8fFd22322F0960Ed | |
Arbitrum | 0x0c5fa0E07949F941A6c2C29a008252db1527d6EE |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.0180 | ↘ 4.12% |
1 Day | £0.0190 | ↘ 4.49% |
1 Week | £0.0152 | ↗ 18.37% |
1 Month | £0.0195 | ↘ 7.07% |
1 Year | £0.0755 | ↘ 75.11% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Opulous (OPUL) is a platform that aims to help artists in the music industry access funds they require with ease. As per the whitepaper, an existing problem for artists is acquiring capital, without which artists are restricted in what they can do. The users trade their music rights to get capital, which artists consider a loss. Another problem is that artists find it difficult to take loans even after making thousands since their music copyright isn't considered optimal collateral. Opulous aims to bring decentralized finance (DeFi) to the music industry and replace artists' traditional capital lending system.
With the help of data of the artists' performance on music platforms, Opulous predicts their performance over the next 1–2 years and issues loans. Thus, artists get to keep their music rights, and cryptocurrency asset holders stake their assets backed by a real-world asset, which is these artists' past and future records. Another way where Opulous aims to assist artists is by providing a launchpad for the first music copyright-backed NFTs. NFTs are a way of validating and storing an asset on the blockchain.
The Opulous NFT Launchpad is built on Ethereum. Additionally, the DeFi component of Opulous is built on Algorand Blockchain, which is a permissionless, proof-of-stakeprotocol. Furthermore, the platform seeks to facilitate agreements and split royalty share income via smart contracts. With Opulous NFT, artists split their ownership into multiple pieces and trade it directly with fans. This way, when the artist grows, the fans generate income too.
Opulous has its native OPUL token used for all transactions within the platform. The token runs on Ethereum and Algorand Blockchain. Users acquire the token using Ethereum (ETH), stablecoins, and traditional currencies. The platform is looking forward to launching the DeFi component by Q1 2022 and launching the Music NFT exchange by Q2 2022.
The senior team of the platform consists of four members, and the founder and CEO of the platform is Lee Parsons. The platform was first launched in Q3 of 2021, and the first official music NFT trade happened then as well.
We update our Opulous to GBP currency in real-time. Get the live price of Opulous on Coinbase.
The current market cap of Opulous is £7.22M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Opulous is £5.40. This all-time high is highest price paid for Opulous since it was launched.
Over the last 24 hours, the trading volume of Opulous is £782.71K.
Assets that have a similar market cap to Opulous include FC Porto Fan Token, WazirX, Kasta, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Opulous is 398 million.
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
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