XCAD Network Announces Opulous allocation for its community.

Oly Bell
XCAD NETWORK
Published in
3 min readJun 18, 2021

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XCAD x OPUL

On Thursday 17th of June Opulous announced XCAD as a strategic investor. (https://twitter.com/opulousapp/status/1405541902108160000), more information on this partnership will be released soon.

The XCAD team decided to share a large amount of its allocation with its community, below is how you can get involved with the incredibly exciting project, Opulous!

What is Opulous

Opulous brings Decentralized Finance to the music industry, providing a launchpad for the first music copyright-backed NFTs as well as DeFi loans that will change how artists access the funding they need.

The platform comprises three main functions:

  • NFT Launchpad
  • NFT Exchange
  • DeFi Loans

Opulous Music NFTs are a new form of Non-Fungible Token, offering buyers a share of a song’s future royalty earnings and exclusive rewards in exchange for social media support.

Opulous peer-to-peer DeFi loans cut out traditional banks, middle-men and major labels, allowing artists to access up-front cash based on the predictable royalties they generate over 12 months.

Opulous is partnered with Ditto Music (Same CEO) one of the largest music distributors in the world, connected to the likes of Ed Sheeran, Stormzy and other big names.

They are a DAO Maker project and recently partnered with Binance —

Opulous partners with Binance for NFTs — https://www.musicbusinessworldwide.com/dittos-opulous-platform-partners-with-binance-for-exclusive-nfts-from-lil-yachty-kyle-and-other-artists/

More here: https://daomaker.com/company/opulous

Opulous NFTs which grant you access to allocation. (https://app.nftrade.com/farms/xcad/)

Stake XCAD in the NFT farm to earn nXCAD which can be used to purchase Opulous NFTs which grant you allocation for one of our partner companies.

Please note, there is no way to buy nXCAD, you can only farm it.

Farm Opulous allocation here with your XCADs: https://app.nftrade.com/farms/xcad/

NFTs available

20 x $500 Allocation NFT= 500k nXCAD

16 x $1,000 Allocation NFT= 1m nXCAD

12 x $2,000 Allocation NFT= 2m nXCAD

5 x $5,000 Allocation NFT= 5m nXCAD

Each user is limited to two of each type of NFT. These NFTs are tradable. NFTs must be claimed on or before 10th of July (Was 29th of June originally)

UPDATE 21ST JUNE:

Due to demand we have added the following:

1 x $10k allocation NFT

3 x $1.25K allocation NFT

15 x $750 allocation NFT

ALL ALLOCATIONS CAN BE CLAIMED UP TO THE 10TH OF JULY NOW.

Claim process: Once you have withdrawn the NFT to your wallet, fill in the following form and we will contact you within 72hrs with next steps. (https://docs.google.com/forms/d/e/1FAIpQLSclXmGam1dKidLiW_8vjzcT39YokHYBswVniouQufJFWZ_Pag/viewform)

The wallet with your NFT and USDT in will be have to be same wallet that the allocation is sent to upon TGE.

(Please note, as well as the NFT you also need to have the USDT to invest, this doesn’t grant you free OPUL, just a chance to invest)

Allocation Information & Opulous information

(Same round as DAO Maker round 1)

Total Fundraise for round:$800,000

Price:$0.05 Lock-up:10% at the TGE, 3 months cliff, then 10% on a bimonthly basis

Full metrics and research page from DAO Maker on Opulous — https://daomaker.com/company/opulous

Opulous website: https://www.opulous.org/

Link to Farm: https://app.nftrade.com/farms/xcad/

None of this is financial advice, please do your own research on Opulous.

Join the XCAD telegram here: https://t.me/xcademy

Join the Opulous telegram here: https://t.me/opulousapp

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