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Singapore
2020 (6 Years)
Last online: No recent activity
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This company is currently Unproved.
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License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know Opulous
Company Information
Get to know Opulous
Opulous is a music finance platform that aims to democratize the music industry by creating new, decentralized funding sources for artists. Founded by Lee Parsons, the founder of music distribution service Ditto Music, Opulous leverages blockchain and NFTs (Non-Fungible Tokens) to allow artists to raise capital by selling shares of their future music royalties to investors. Fans and investors can purchase these "Music Fungible Tokens" (MFTs) to earn a portion of the revenue generated by the songs, creating a new asset class and a closer connection between artists and their supporters.
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