After merely 2 hours of being made available to the public, Opulous’ first Music NFT, the exclusive new track “Mona Lisa“ from streaming giants Lil Pump and Soulja Boy, has sold out at $500,000.
The drop follows Opulous’ recent announcement of their partnership with LINE Blockchain to develop NFT products and provide users with more NFT choices to help spur the growth of the NFT market. Opulous has teamed up with renowned investment platform Republic, making them the only company out there to offer SEC-compliant music copyrights. 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.
The auction was open to all investors and the NFT sale includes the music NFT, Lil Pump’s “Mona Lisa,” and added perks such as four different tiers of exclusive NFT artworks from Opulous, all built on the Algorand chain. Each corresponding artwork will be sent together with the Music NFT to your Algorand wallet.
