: Copyright backed NFT marketplace for music



The Challenge

Opulous and Applied Blockchain have collaborated to create the first copyright-backed NFT platform for musicians. Applied Blockchain chose Algorand as the best solution for an NFT platform requiring the additional control mechanisms that ASAs offer.

Opulous presents musicians with an opportunity to push back against the minimal revenue generated through today's streaming platforms. Future phase developments for the Opulous platform include a Defi protocol for artist funding and royalty profit shares.