Yesterday, Opulous announced their first-ever full album MFT campaign featuring the latest album from double-platinum-selling singer and rapper KYLE: It’s Not So Bad. Set to launch on May 26th, this campaign is an exciting opportunity to experience the thrills of owning one of the first full-album MFTs that are SEC compliant.
OPUL stakeholders can get early access to the sale here.
Upon its release, It’s Not So Bad hit the Top 10 Albums Debut Spotify Charts with over 7 million streams in its first week. Since It’s Not So Bad has already been released, investors will immediately start earning a portion of the album’s music royalty revenue together with KYLE, earning money whenever any of its songs are played on streaming platforms like Spotify, Apple Music, and even Tik Tok.
“I wanted to release a whole MFT album with Opulous so that my fans and I can get closer to a model of becoming successful as a unit, redefining success together,” KYLE explains. “Sharing this experience with fans and maybe even friends and family is a valuable thing. I don’t think anything will be able to match the feeling as we cross the finish line together.”
With 2 billion streams and counting, KYLE knows how to leave his mark. KYLE hit the ground running with his smash hit “iSpy” in 2016, which hit #4 on the Billboard Hot 100 charts, followed by his first album Light of Mine which made the Top 30 of the Billboard 200.
Newly independent, KYLE, (formerly known as SuperDuperKyle), the gifted R&B singer and rapper has worked with music heavyweights like Kehlani, G-Eazy, Chance the Rapper, Miguel, and Ty Dolla Sign, among others. As an actor, he also starred in the movie The After Party in 2018, and more recently in the crime drama Cherry.
“We’re excited about this unique opportunity to work with an artist who is not just gifted but who also embraces our vision of blending music with technology,” shares Opulous on the partnership.
Coined by Opulous this month, MFTs (Music Fungible Tokens) differ from other tokens, like NFTs, since they are tailored to the music industry and represent shares in music copyright royalties. Each MFT is SEC (U.S. Securities and Exchange Commission) compliant which allows Opulous to offer securities representing fractional ownership to music fans and investors.
For more information on this partnership, see here.