Opus: Decentralized Music Platform Overview

Opus — a company name some music lovers may already be familiar with, — has recently introduced BETA version of their web service on Ethereum. For those not in the know, Opus is a music platform that allows both streaming & purchasing songs, while in the same time being very artist-oriented & offering musicians a nice way of getting heard & earning money.

At this point of time, it is no secret that hardly any independent artist can rely on music sales as the main — or only — way of making a living. Pretty much the only way to make it financially is touring & selling merchandise, and all of that at the same time the music streaming market is worth billions of dollars. What is unfair is the fact actual artists are only getting a thin slice of profit, while someone else is turning rich, and this is what Opus is going to change.

Much like many cryptocurrency related startups, Opus is about equity & fairness, and do not agree with traditional way of doing things. We fully support the company for their dedication & business model (100% revenue for music makers: way to go!), and advice that you check out their live demo on Ethereum:

https://opus-foundation.org/demo/demo.html

The only thing that is unfortunate is their bounty program has recently ended, we'd love to let more people know of opportunity to support nice initiative while earning tokens at the same time; hopefully Opus will start a new campaign soon.

https://www.icobounty.co/single-post/2017/09/05/Opus-Decentralized-Music-Platform-Overview