ICO short overview
Opus (OPT)
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Opus ICO summary information

Conceptual Model

Opus is a fully decentralized music sharing protocol built using IPFS and Ethereum. On Opus, tracks are stored immutably and rapidly on IPFS while only the keys are stored on the Ethereum blockchain. By separating the storage and logic layers of the system, Opus, which has a working Beta, can deliver music rapidly and in the decentralized manner.

Project Description

Opus is a decentralized music-sharing platform that is uncensorable, fair and easy to use, with its main focus being the monetization of music with no middlemen fees involved, ensuring that artists are properly rewarded fortheir efforts. Opus leverages the Ethereum network for transactions and the IPFS protocol for file storage. The OPT token is used for all in-platform transatcions.TeamBokang Jia: CEO; Mateusz Mach: COO, Investor; Chenhao Xu: CTO; Sam Peeters: Lead developerCOMPANY_NAME ICO started on MONTH DAY, 2017. The ICO coin supply represents XX% of the total coin supply, so there is a total of ICO_COIN_SUPPLY coins available, for PRICE_AND_CURRENCY each. The ICO funding target is FUNDING_TARGET, the funding cap is FUNDING_CAP and is expected to end on MONTH DAY, 2017 or when the funding cap is reached. Any unsold/remaining tokens will DESC.The Opus ICO started on the 14th of July 23:00 UTC and will last until the 23rd of August or until $20M cap is reached . There is a total of 900M coins, representing 56.25% of the total supply. The starting price for OPT is 0.000125 ETH. The remaining token supply will be distributed as so:600 million: Distributed to the Opus foundation, developers and angel investors.100 million: Ecosystem tokens. Used by the foundation to vitalize the Opus music eco-system. We will use the tokens for early-adoption rewards, marketing bounties and license purchases, etc.TOKEN_SPLIT_GRAPH_HEREThe OPT campaign features a maximum invesment cap of 1000ETH per person and features bonuses and a bounty campaign. Thee coin will not be mineable.Bonus Structure:Week 1: 1 ETH = 8000 + 2000 OPTWeek 2: 1 ETH = 7500 + 1500 OPTWeek 3: 1 ETH = 7000 + 1000 OPTBase: 1 ETH = 6000  

Founders and Associates

Bokang Jia -CEO

Mateusz Mach -COO

Chenhao Xu -CTO

Sam Peeters, Lead Developer

Rehan Gotla -Business and data analyst

Akira Rao -Full stack developer

Robert Cohan -Senior Software Engineer

Michael He -Lead China Ambassador

Mustafa Khan -Lead graphic artist

Charlie Breach -Art lead

Arief Zul -Marketing Lead

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February 12, 2018

Solving problems in the music industry: Opus Q&A 7

We are happy to welcome Lion Shepherd, the latest band to join Opus! More about them below.This time we have received lots of questions regarding marketing, how we intend to solve problems in the music industry, and our token. We hope this Q&A will clarify these issues. Don’t forget to...

From: Opus Foundation

February 05, 2018

Wallets and transactions: Opus development update 6

This week, we are proud to announce that KVRBXN is joining us at Opus as our most recent artist! Read more about him below.There has been a lot of progress since our last development update. The API for user registration and logging in has been built and implemented in the web player. There has...

From: Opus Foundation

January 29, 2018

Uploading and storage: Opus Q&A 6

We are very proud to introduce Rikki Blu, a highly gifted rapper from Dallas, who’s impressive career has resulted in features with Isaiah Rashad and sharing the stage with Kendrick Lamar and A$AP Rocky. You can read more about him below in our newest artist announcement.Here are this week’s...

From: Opus Foundation

January 22, 2018

Opus mobile apps in the works: Development Update 5

With the development still ahead of schedule, we have made a lot of progress over these past two weeks. We would also like to welcome Erich Dylus, the latest artist to join us in revolutionizing the music streaming industry. You can read more about him below.Work on the web player has...

From: Opus Foundation

January 15, 2018

Tipping artists and offline music storage: Opus Q&A 4

As promised, here is our fourth Q&A session with all your questions. Please remember to send us more questions on our form, Discord, Telegram, or via e-mail at info@opus-foundation.org.We’re changing the format of our updates slightly. Instead of posts dedicated entirely to announcing new...

From: Opus Foundation

January 11, 2018

More artists join Opus!

An increasing number of artists is interested in joining Opus and we are proud to announce four more musicians and bands: Sinith, Seine, Alex Calò De Santis and Umair Nadeem, and Softly Jazz. If you’re an artist interested in coming on board, don’t forget to fill in this form or email us at...

From: Opus Foundation

January 08, 2018

Development ahead of schedule: Opus development update 4

Having been developing in our office in Gdansk has shown us that this relocation was an excellent idea and that it was worth the wait. Communications within the team have never been easier since everyone is in the same place rather than spread all around the globe, and Gdansk is a great hub for...

From: Opus Foundation

January 07, 2018

Opus switching to streaming model

At Opus, we know that a project of this magnitude does not rely just on flawless development, but also on constantly reviewing and adapting our plans and goals, and on listening to feedback from our potential partners, advisers, and most of all, our community.In our whitepaper we described how...

From: Opus Foundation

January 06, 2018

Video Q&A Session 3

Welcome to our third Q&A session, again including a short video from our office in Gdansk. We have received lots of feedback from our community regarding the last video Q&A, so we decided to listen and to act on this feedback by posting another video. This Q&A was not scheduled which...

From: Opus Foundation

January 04, 2018

Welcome our newest team member!

We are very lucky to have Krzysztof Mosakowski join our team of developers working on the platform in our office in Gdansk. He will be focusing on the iOS version of the Opus platform and his main responsibility will be the API development.Krzysztof is very experienced with both iOS and Android,...

From: Opus Foundation

December 30, 2017

Video Q&A Session 2

We have received lots of excellent questions to answer in this Q&A, and this time, we have decided to not only write up the answers, but also to include a short video from our office.We are really excited to answer all your questions and we encourage you to keep them coming on our form,...

From: Opus Foundation

Q&A Session 2

We have received lots of excellent questions to answer in this Q&A, and this time, we have decided to not only write up the answers, but also to include a short video from our office.We are really excited to answer all your questions and we encourage you to keep them coming on our form,...

From: Opus Foundation

December 23, 2017

Development update 3

The development of the Opus player is going according to plan. There has been a lot of DevOps and programming work.We have established our environment for deployment, source version controlling, continuous integration and system backup. Our developers have updated and tested the interoperability...

From: Opus Foundation

December 21, 2017

Regular Q&A sessions

We hosted our first Q&A session a while back and promised that more would follow. It has proven to be very popular and we have received a positive response from our community, so we would like to host these Q&A sessions on a regular basis. On top of the development updates on Mondays...

From: Opus Foundation

December 17, 2017

New tracks every Sunday

We have had an amazing response from artists all over the world wanting to join us at Opus. More than 15 artists have already been publicly announced and more are coming soon. To give our community a taste of what kind of music they will be able to listen to on the Opus platform, we have decided...

From: Opus Foundation

December 14, 2017

Opus supported by over 15 artists!

Over the past few weeks, we have been overwhelmed with the amount of responses from the online form for artists to sign up, it’s amazing to see all the talent excited at joining us at Opus. Here are five more artists whose music you will be able to listen to on our platform: Minerva...

From: Opus Foundation

December 10, 2017

Opus Development Update 2

Our team of developers has now settled into our new office and in this past week, having verified the existing code, has made a plan for the next few months regarding the development of the Opus platform and the demo version that is already online.We are very proud to be one of the world’s...

From: Opus Foundation

December 08, 2017

Q&A Session 1

Since our latest update, we have encouraged our community to provide us with feedback, suggestions, and questions about Opus. We have compiled a list of these to answer. We would like to post a series of these Q&A sessions in the future because transparency is instrumental in making Opus a...

From: Opus Foundation

December 04, 2017

A new chapter for Opus

At first, Opus was nothing more than the vision to give music back to the artist. Our founders recognized that music streaming platforms already available on the market treat musicians unfairly, and they realized that the solution to this problem lies in the blockchain. After over a year of...

From: Opus Foundation

November 12, 2017

Opus is looking for more artists

We have already made three announcements regarding artists joining Opus, and we will continue making these announcements, but up to now we haven’t had a simple way for artists to sign up.The cover of Mr. Wildenfree’s newest album “&”, dropping in the final quarter of 2017If you...

From: Opus Foundation

October 31, 2017

Five more artists joining Opus!

Our third artist announcement is here! Five more artists are joining us at Opus: Mugen, Chocolate Cake, MODE, Carface, and EMILE.MugenOur first artist is Mugen, a Leeds based indie alt three piece formed just over a year ago. Their art is more than just music; they have paired the auditory...

From: Opus Foundation

October 23, 2017

Opus at Gdynia E(x)plory Week

This was another great week for Opus. Our cofounder, Mateusz Mach, made an appearance at this year’s Gdynia E(x)plory Week with a lecture about what we do and how we are going to revolutionize the music streaming industry.Gdynia E(x)plory Week is Poland’s biggest event promoting science and...

From: Opus Foundation

October 16, 2017

Opus is hiring!

Opus is moving to Poland with the development of the platform, and after weeks of research, we narrowed down our exact location to Warsaw, Kraków, Poznań, Wrocław, and Gdańsk. In the end, we decided Gdańsk would be the perfect environment to develop Opus to its full potential, due to the...

From: Opus Foundation

October 12, 2017

More artists joining Opus

Our team at Opus is proud to announce four more artists who are coming on board! We are excited to introduce Trill Will, Mr. Wildenfree, TRIUMPHS, and P.R.E.A.C.H.Trill WillWillie Harp, going by his stage name Trill Will, is more than just a rapper; he is an entrepreneur, activist, songwriter,...

From: Opus Foundation

October 07, 2017

OPUS at Music Export Conference 2017

On the 5th October, Opus had the opportunity to present our idea and our vision to prominent artists and music managers at the 2017 edition of the Music Export Conference in Warsaw, Poland. We explained our mission of using blockchain technology to revolutionize the music industry.Image property...

From: Opus Foundation

October 05, 2017

Our first artist announcement

We are excited to announce the first artists to join Opus: Bryce Savoy, Deerskin, and Tomer George Cohen! You will be able to immerse yourself in their music on Opus as soon as we launch.Bryce SavoyOur first artist is Bryce Savoy, a rapper from Oakland, California, who currently resides in Los...

From: Opus Foundation

October 04, 2017

We’re moving to Discord

Opus has started using Discord to talk to its community. To stay up to date with what we are doing, follow this link and join us at Discord: https://discord.gg/JJD5GtzUp until this point, we have been using Slack to keep our community in the loop. As our community started growing, we have...

From: Opus Foundation

September 24, 2017

OPUS Roadmap Update

This blog post focuses on our roadmap and the plans for the nearest future. Take a look what we have been working on recently below:1. Advisory boardAs we set out in the previous update of the roadmap, we formed an advisory board in September 2017. We’ve welcomed Aaron Steinberg as its first...

From: Opus Foundation

January 06, 2018 12:51

Q&A Session 3

Welcome to our third Q&A session with Philipp Siemek, our community manager! Full article here: https://medium.com/@info_62555/video-q-a-session-3-34b1afa5cd1c

Don't forget to send us your questions on Discord (https://discord.gg/JJD5Gtz) and Telegram (https://t.me/opusfoundation), and be sure to follow our progress on Facebook (https://www.facebook.com/opusfoundation/) and Twitter (https://twitter.com/opusfoundation)

December 30, 2017 12:30

Q&A Session 2

Check out our second Q&A with Philipp Siemek, our community manager! Full article: https://medium.com/@info_62555/q-a-session-2-93fcd390bf3d

Don't forget to send us your questions on Discord (https://discord.gg/JJD5Gtz) and Telegram (https://t.me/opusfoundation), and be sure to follow our progress on Facebook (https://www.facebook.com/opusfoundation/) and Twitter (https://twitter.com/opusfoundation)

July 09, 2017 18:51

Opus | Music Decentralized

Opus, led by a team of computer scientists and engineers, began in the latter half of 2016, and set out to disrupt the music industry through cutting edge blockchain technology. With VC-backed funding, and entering the beta phase - Opus is well poised to deliver a truly decentralized music experience.

For more information please check out our website: http://opus-foundation.org/