THELOGICALINDIAN - A new blockchainbased belvedere is attractive to accession 20 actor to advance a music alive platform
Opus, as the new belvedere is titled, proposes to accompany a traceable and cellophane online alive account for all the musicians. The mission is to actualize a archetypal that eliminates intermediaries, action works’ traceability, and ensures accuracy in the administration and allocation of artistic rights and revenues.
The Opus belvedere is alien at a time aback musicians about the apple are accepting unfair-to-no payments for their adamantine work. Each song awash on an online music alive website generates abundant revenue, but the artists – abnormally the new ones – accept alone a baby block from it. Centralized models are advised to cut aback a ample allocation for themselves whilst abrogation artists to alive on pennies.
Opus, on the added hand, replaces centralized trusted parties with an automatic system. The belvedere uses low cessation IPFS as a accumulator layer, which connects accretion accessories with the aforementioned book arrangement to abundance songs assuredly and transparently. At the aforementioned time, an added band based on Ethereum handles all the affairs in the best cellophane manner.
“Music files are encrypted and uploaded to the IPFS swarm, and the decryption keys are stored on a acute arrangement and referenced on a Universal Music Registry Number (UMRN), that resides as a JSON book aural the IPFS system,” states Opus.
“The arrangement annexes alone music advance and finer ensures abiding ownership.”
Opus has already appear a beta-platform for the activity which can be affected and activated by the absorbed participants. The developers intend to barrage a full-fledged archetypal in the abreast future; they accept already appear the crowdsale of their built-in OPT tokens, a action that will ensure a abiding arrival of advance into the activity while advantageous the OPT holders with the stakes in the Opus platform.
The OPT Crowdsale
Opus affairs to advertise a absolute of 900 actor OPT tokens while eyeing a minimum fundraiser of $20 million. The crowdsale aeon has already started on July 23rd and will run until August 20th in three after phases. The aboriginal phase, which is ‘LIVE’ at the time of writing, is alleged Angel Funders; it offers up to 1000 added OPT tokens in bonus, and the amount per 8000 OPT tokens charcoal at 1 ETH.
The additional phase, alleged Aboriginal Bird, accuse broker 1 ETH for 7500 OPT tokens, whilst the benefit gets bargain to 500 OPT. The third and the final appearance is alleged ‘Standard Phase’, which has no benefit and sells 7000 OPT tokens per ETH. That actuality said, aboriginal investors accept advantages over the ones who acquirement OPT tokens late. Opus affairs to bake the unsold tokens.
Opus affairs to bake the unsold tokens.
If you ambition to accord with ETH/BTC, chase Opus on their website here.
