Blockchain-powered NFTs and decentralized funding platform, Opulous, continue to cause a stir in the music industry.
Earlier this month, Opulous allowed fans and investors to purchase slices of a new track from rapper Lil Pump as an NFT. Within hours, some 927 investors had acquired all of these assets for $ 500,000.
The news came days after Opulous announced a new partnership with Japanese media giant LINE – and its blockchain subsidiary Tech Plus – to co-develop non-fungible token (NFT) products.
Today (November 15), Opulous announces that a big name in the music world is joining its activities as Senior Advisor: Mark Gillespie, Founder and CEO of Three Six Zero.
At Three Six Zero (TSZ) – headquartered in Los Angeles – Gillespie manages Calvin Harris, Nicky Jam, Fraser T Smith and more.
TSZ also represents notable film talent including Will Smith, Jada Pinkett Smith, Willow Smith and Jaden Smith, as well as Jason Statham and others.
“I am extremely happy to advise Lee and the Opulous team and help bring what I believe is a revolutionary product to the world.”
Mark Gillespie, Three Six Zero
Gillespie said, âI am extremely happy to advise Lee and the Opulous team and help bring what I believe is a revolutionary product to the world.
“Opulous is without a doubt a game changer and I am very proud to be involved.”
Gillespie isn’t the only seasoned figure in the music industry to join Opulous this week: Jay Moore, former senior investment manager at Kobalt Music, has also joined NFTs.
Moore has been appointed Director of Investments at Opulous and is responsible for leading and evaluating new investment projects for sale through the Opulous platform.
âThe addition of Mark as Senior Advisor and Jay as CIO demonstrates the ambition we have for this platform,â said Lee Parsons, Founder of Opulous.
âWe’re moving in a very exciting direction and we’re growing quickly, with a bunch of new hires on the way. Additionally, we have some really big name artists joining the platform as a result of the incredible demand we just saw with Lil Pump. Watch this place! “
âWe’re moving in a very exciting directionâ¦ Plus we have some really big name artists joining the platform as a result of the incredible demand we just saw with Lil Pump. Watch this place! “
Lee Parsons, opulent
After being launched in February via the co-founder of the distribution and services platform, Ditto Music, Opulous (then operating as BlueBox) propelled the first ever music copyright sale. by artists via NFTs.
Since then, Opulous, built on Algorand’s blockchain, has raised millions of dollars and forged partnerships with big names in crypto such as Binance and Republic – deals that have in turn led to partnerships with artists. like Lil Pump and Lil Yachty.Music trade around the world