ICO for OPUs has not been finished yet. There are plenty of time to contribute. It will be on the right IMHO. One of the successful ICO this year.
I completely agree!!! I will invest on the last day of the ICO
Topic: [ANN] ♬ Opus - Beta-Ready Decentralized Music Sharing; Running on IPFS and ETH ♬ - page 77. (Read 108610 times)
August 18, 2017, 02:00:47 PM
I completely agree!!! I will invest on the last day of the ICO
August 18, 2017, 10:19:54 AM
I wonder if there will be a streaming flatrate plan like spotify? Or will you always have to pay for every song you want to "own"?
August 17, 2017, 12:48:19 PM
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?
I'm sure they're not going to do that. The project is underfunded and they might have to conduct another ICO in the future with the tokens.If not, what is the next step?
August 17, 2017, 12:40:19 PM
ICO for OPUs has not been finished yet. There are plenty of time to contribute. It will be on the right IMHO. One of the successful ICO this year.
5 days Amigo, its not to much. I really like this idea and in other time for sure it may be successful. If bounty and ICO have been started one month later its have been other story.In a begining of ICO someone in a thread was talking about that better to transfer starting day of ICO for 2-3 weeks and it was correct.
I really like to see this project in live that is why i want to know devs decision.
August 17, 2017, 11:15:39 AM
ICO for OPUs has not been finished yet. There are plenty of time to contribute. It will be on the right IMHO. One of the successful ICO this year.
August 17, 2017, 09:29:15 AM
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?
I'm sure they're not going to do that. The project is underfunded and they might have to conduct another ICO in the future with the tokens. If not, what is the next step?
August 17, 2017, 09:11:53 AM
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?
If not, what is the next step?
August 17, 2017, 03:22:46 AM
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?
August 16, 2017, 05:06:38 PM
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.
"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.
August 16, 2017, 04:52:59 PM
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/
August 16, 2017, 01:40:25 PM
Why isn't number of tokens has sold shown anymore? Anyone know the reason?
Look a little bit lower than before
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
August 16, 2017, 01:20:42 PM
I have a technical question:
The whitepaper isn't very specific about how the encryption works.
As I understand it:
This means:
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?
The whitepaper isn't very specific about how the encryption works.
Quote
What Opus uses is a lightweight public-private key-encryption model to restrict access to
only the “owners” of the song
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?
August 16, 2017, 01:16:20 PM
Why isn't number of tokens has sold shown anymore? Anyone know the reason?
Look a little bit lower than before August 16, 2017, 01:02:00 PM
Why isn't number of tokens has sold shown anymore? Anyone know the reason?
August 16, 2017, 12:55:53 PM
~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
~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
August 16, 2017, 12:51:56 PM
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
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
August 15, 2017, 11:01:35 PM
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.
August 15, 2017, 08:58:52 PM
Hi dev.?
Why my third week stakeholder is empty?
Whereas I always attach the post report and tweet my original dithread.
Please fix it.
Why my third week stakeholder is empty?
Whereas I always attach the post report and tweet my original dithread.
Please fix it.
August 15, 2017, 02:51:46 PM
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
https://thenextweb.com/contributors/2017/08/15/five-ways-blockchain-tech-going-rock-music-movie-industries/#.tnw_roOfotVa
August 15, 2017, 01:08:37 PM
Hey guys,
check out the article about OPUS on The Huffington Post - http://www.huffingtonpost.com/entry/revolutionizing-digital-music-through-blockchain_us_59916850e4b063e2ae058127
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
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