Opulous Announces New Chief Financial Officer
On Tuesday afternoon the Algorand-based platform Opulous announced their new chief financial officer, Nick Pelecanos. This comes as Opulous are aiming to hasten market growth in the year to come.
Pelecanos has a background as Head of Trading at the venture capital NEM Ventures, amongst other professional experiences.
🚀 TEAM ANNOUNCEMENT
— Opulous (@opulousapp) January 31, 2023
We are proud to announce the appointment of Nick Pelecanos as our new Chief Financial Officer 📈
Nick joins Opulous to accelerate our market growth in 2023 as we launch our ecosystem of game-changing music products!
Discover more 👉 https://t.co/Sr7ITRpuXu pic.twitter.com/XktDxVKkFy
Mint Music Fungible Tokens With Opulous
Opulous is the only platform to mint Music Fungible Tokens (MFTs). MFTs gives users the possibility to invest in music by offering a share in the revenue from an artists work, be it a single, EP, or album. Opulous changes both how musicians access funding, and how they connect with their fans.
The novel music platform was one of the first professional projects to commence on the Algorand blockchain. It was launched on 1st of February 2021 and was immediately immensely successful. During the launching event Soulja Boy and Lil Pump released NFT's on Opulous, which garnished a staggering $500K in total sales.
Starting from February 1st, Opulous will unveil new artists on a weekly basis and start offering early access to certain MFT drops through their staking pools ($OPUL ASA).
🎶 PLATFORM LAUNCH UPDATE
— Opulous (@opulousapp) January 20, 2023
Starting February 1st, we will unveil a new artist EVERY week and start opening early access to MFT drops via our $OPUL Staking Pool!
The full $OPUL platform is about to launch! Get ready for an explosive start to 2023 and many surprises to come 🚀 pic.twitter.com/gUxo6sDJt1