Real proper normie application for blockchain.
Worth investing? I see potential but I also see the main players as strong direct competitors.
https://opus-foundation.org
>>2909757
>t. Opus is a decentralized music-sharing platform that tackles the issue
of music ownership and sharing at an infrastructure and protocol level. Leveraging
the speed and redundancy of a novel Interplanetary FileSystem, IPFS,
Opus can scale and deliver thousands of tracks per second in a fully decentralized
manner. This throughput is achieved by encrypting music tracks on
the fly and storing the encrypted music files permanently on the IPFS swarm.
Only the decryption keys, and file hashes, are saved immutably on the Opus
smart contract. By only storing the decryption keys and reference hashes, we
can facilitate a number of novel features such as file ownership, trade, and full
decentralization. With Opus, artists can monetize their content by selling permanent
access to their IPFS music files and decryption keys directly to a fan’s
Ethereum contract, without any middleman. With additional application layers,
Opus music players introduce a novel way for users to maintain ownership of
music tracks they played across different players and different continents. As
everything is transparently stored in the Opus smart contract, we will also facilitate
additional governance mechanisms such as a Opus DAO (Decentralized
Autonomous Organization) treasury funded from a small percentage of each
sale, and an artist bounty system that allows artists to pay a small amount for
people to share their tracks. The possibilities are endless
>>2909757
I can see this have real world value and might be very attractive to smaller artists and experimental artists like you'd find on bandcamp and soundcloud.
>>2909757
The main benefits of Opus are that it's free for artists, songs are permanently avaliable, and it's censorship proof.
This seems very interesting.
>>2909757
https://opus-foundation.org
They just refreshed their web, looks super pro now. And shows they're active.
This honestly looks like a good project. It's a shame a pump group full of shitskins and teenagers is truly to dump it in this thread, though.
5 posts by the same ID.
Really makes you think.
>>2909958
Yeah, I'm bumping. What great insight you have to spot this. Just figured it was a cool project and /biz/ could have a look at it. Why do I smell newfag?