Today, Lil Pump and Soulja boy released their highly anticipated single “Mona Lisa ” available across all DSPs. Backed by the support of 859 royalty holders, the track first began to draw attention after $500,000 in shares of the S-NFT sold out in 2 hours on Opulous. Owners of the NFT will receive royalties every time the song is streamed across streaming platforms or played on the radio, TV, movie, or video game.
Listen to “Mona Lisa” here.
This music copyright-backed S-NFT made history late last year. It was one of the first of its kind following a revolutionary partnership between Opulous and renowned investment platform Republic that allowed Opulous to be the only company out there to offer SEC-compliant music copyrights. The launch sent OPUL’s prices surging.
Opulous provides new opportunities for the music industry by introducing NFTs and DeFi music investments, transforming how musicians access the funding they need. By offering a launchpad for the first music copyright-backed NFTs, Opulous is further tokenizing the music industry with its wide-ranging cross-chain capabilities.
