[ANN] ♬ Opus - Beta-Ready Decentralized Music Sharing; Running on IPFS and ETH ♬

[Learnalot]

if unsold tokens are burned from 900mill, team will still keep 600mill tokens? or will it be decreased as well?

Yes I also wanted to know the same thing, if ever the 900M tokens will not be sold out and since currently as I saw your site the tokens sold now is around 30M which is only 3% of the tokens, how do you go about this? I haven't seen the soft cap also on your site which got me asking if it will be decreased or what.

The rest of unsold tokens will be definitely burned, and 95% from the 700M tokens will be locked for 1 year.

The few sold crowdfunding coins are worthless if almost one billion of coin a hold backhand. Opus should develop a solution for the token distribution. I guess no big investor will take part in the crowdfunding at the moment.

if their is no big investors is invest in OPUS then how they sell more then 30 mil coin
i think this ICO will be end up with success for sure
and yes in the end of ICO the remaining coins will be burn i have seen it in the road map
you guys should check out the roadmap on OPUS official website
my all support with OPUS team and surely OPUS team will be successful.

The unsold coins from the crowdfunding are going to be burned. The coins for the team etc won't get burned. So lets assume the crowdfunding ends with 50 Million sold tokens. Then only 50 Million from 750 Million existing tokens are circulating. The rest is in the hands of the foundation. This means either the token is worthless or the OPUS team are billionaires. Think twice which option is more realistic.

They seem to have removed from their website the number of tokens sold. The Chinese version of the page still lists a number: "21942279 OPT".

Seems fishy. I would not recommend taking part in the crowdfunding until this problem is discussed and solution offered by the devs.

EDIT: I checked it myself. The sold tokens number is still there: 33184739 tokens sold

Good, it's back. (33216673 tokens sold now)

[XOOMBOX]

Can we see how much you collect?
It just shows how much tokens sold.

i cant access the site.. i also wanted to know how much they have raised and how many tokens have been sold..
why is the site crashed whenever i visit it? where in fact i have a stable and a very good connection..

[aksay79]

How development project this,I not yet so understand with project Ico Opus,I interested join in campaign social media,Are you still there are opportunities
for i join, Sorry i not yet had time read

[ostsee77]

Can we see how much you collect?
It just shows how much tokens sold.

i cant access the site.. i also wanted to know how much they have raised and how many tokens have been sold..
why is the site crashed whenever i visit it? where in fact i have a stable and a very good connection..

Website is stabil.
 Very good
https://opus-foundation.org/
 Crowdsale
https://opus-foundation.org/index.php/crowdsale/

https://opus-foundation.org/index.php/crowdsale/#

For me everything works fine  ,all Links ok .

[wareen]

OPUS is now working with MUSICOIN
Then the two sides of the token will be exchanged with each other?

No, in my opinion, I think OPUS just is important strategic partner with MUSICOIN, and not have exchange helps trade new altcoin with altcoin Music at now. Maybe Music and Opus use platform Waves DEX, I think you can try exchange them

[Opusfoundation]

Hey guys,

check out the article about OPUS on The Huffington Post - http://www.huffingtonpost.com/entry/revolutionizing-digital-music-through-blockchain_us_59916850e4b063e2ae058127

[ben_btctalk]

Hey guys,

check out the article about OPUS on The Huffington Post - http://www.huffingtonpost.com/entry/revolutionizing-digital-music-through-blockchain_us_59916850e4b063e2ae058127

Always good to be on this kind of reputable sources

[cooladam]

Five ways blockchain tech is going to rock the music and movie industries

https://thenextweb.com/contributors/2017/08/15/five-ways-blockchain-tech-going-rock-music-movie-industries/#.tnw_roOfotVa

[aryaadikariyansyahsuwarto]

Hi dev.?
Why my third week stakeholder is empty?
Whereas I always attach the post report and tweet my original dithread.
Please fix it.

[MoneyJ]

Music is a billion dollar industry and OPUS will capitalize on that wave of success to introduce  the new blockchain technology on managing finances for artists and musicians.

[yangS]

it seems like a whale stepped in,300 eth invested in OPT 3 days ago the bigger so far.
This ICO had a bad timing like many other ICO,however i still think Opus is really promising since there 's no decent decentralized music project running for now

[RonMank]

~33 Mio. Tokens sold
~1,2 Mio Dollar

95% of the Token will be held by the Team. They even shortened the Bounty Pool by 10 Times.

So yeah #NoComment

[Rozita]

Why isn't number of tokens has sold shown anymore? Anyone know the reason?

[Leonid SI]

Why isn't number of tokens has sold shown anymore? Anyone know the reason?

Look a little bit lower than before

[brenzi]

I have a technical question:
The whitepaper isn't very specific about how the encryption works.

What Opus uses is a lightweight public-private key-encryption model to restrict access to
only the “owners” of the song

As I understand it:

• each tune is encrypted with a single symmetric key by AES256 and the encrypted tune is stored on IPFS
• this symmetric key is distributed to each purchaser in end-to-end encrypted fashion via Ethereum smart contract, whereas the symmetric key is encrypted with the purchaser's public key for each purchaser individually

This means:

• whoever knows the key and the IPFS hash can listen to the tune
• whoever purchased the tune knows the key and can potentially share it publicly
• moreover, encrypting the same key with millions of public keys will reduce the strength of the encryption (the whitepaper doesn't state if RSA or ECC key pairs will be used or how many bits they plan to use, so it's hard to quantify this flaw. 'lightweight' might mean few bits.

One way around this problem would be to end-to-end encrypt the tune for each purchaser individually. But this would mean that there is one file per purchaser that has to be stored (and one IPFS hash per tune and purchaser that has to be stored on the Ethereum blockchain). I doubt that such an amount of data can be stored economically, even with filecoin-like incentives.

Another question is: who knows the tune's symmetric key and is able to encrypt it for new purchasers? Will the publisher have to run a node that does this for new customers?

[zahidmoon]

Why isn't number of tokens has sold shown anymore? Anyone know the reason?

Look a little bit lower than before

more then 35 million token are sold thats great and more then six days left for ICO end
this is gonna be huge in music industry
i will hold my coins for at least one year because i believe in long term investments
let's buy more OPUS

[BitsifyOfficial]

Opus Reviewed, what you need to know before investing all in one single post: https://bitsify.net/ico-list/opus-foundation-revolutionising-yet-another-industry-decentralisation/

[yokosan]

I guess the good money are gathering. my friend recommended it. but my signature space is full because I wasn't interested. I've read a bit now.
"I am posting this thread on behalf of the opus team and I would  like to say that I do believe the product they have created and it has true potential to completely disrupt the music industry; Unlike 95% of projects on Bitcointalk, they have a working beta, a great team, and a physical office." this also shows that are realistic. they want to show the market that's been successful by entering into bitcoin.

[Learnalot]

Another question is: who knows the tune's symmetric key and is able to encrypt it for new purchasers? Will the publisher have to run a node that does this for new customers?

Good question. I'd like to know as well.

Another question: Can the purchase price of a song be changed after publication?

[Leonid SI]

Devs if you sell about 50mln OPUS tokens is it will be enough for you to consider ICO like successful and continue your job?
If not, what is the next step?