• The area chart above shows the cumulative number of MFT shares claimed over time.
• However, as of May 27th, 202.7k MFT shares have been claimed.
• This equates to around 300k or 60% unclaimed MFT shares.
• Despite the fact that the claiming process appears to have been smooth and effective, a significant portion of MFT shares remain unclaimed.

• The bar chart above shows the number of MFT shares claimed over time.
• According to the bar chart, 100 shares were claimed on May 11th, a day before the MFT shares calming begins; this could be for testing purposes.
• The following day, on May 12th, 109.5k shares were claimed, making it the most claimed day. On May 12th, Opulous released a guide on claiming Mona Lisa MFT on May 12th.
• The guide includes step-by-step instructions to help Mona Lisa MFT purchasers claim their shares. We can say that the claiming process is effective because many people successfully claimed their MFT shares on the first day of claiming, May 12th, after the guide was published.
• Since then, the number of MFT shares claimed has remained constant, at less than 25k per day.

• The pie chart above shows the distribution of the number of shares.
• The distribution chart is grouped into the following categories: 1) Less than 10 shares, 2) 10 to 100 shares, 3) More than 100 shares.
• As can be seen, the category with the most wallets is the category of more than 100 MFT shares, with 192 unique wallets accounting for 58.7%.
• Following that is the category of 10 to 100 MFT shares, with 126 wallets having 10 to 100 MFT shares, accounting for 38.5%.
• There are only 9 wallets that have less than 10 MFT shares in total, accounting for 2.75% holders.

Claiming of Mona Lisa MFT started on May 12th 2022, lets see if the claim process is effective.

Image from: Algo Explorer

There are a total of 501.7k shares in total for Mona Lisa- Lil Pump ft Soulja Boy MFT.

Introduction

On January 22nd 2022, Lil Pump has dropped off his new song “Mona Lisa” with Soulja Boy. He launched a campaign with Opulous and Republic in December to enable fans to invest in his new single and share royalties.

In this dashboard, we will look into the distribution of the number of shares each MFT holder, as well as the total number of shares claimed by day. We will next determine if all the shares been claimed, and the wallets that have sold their shares.

• As of May 26th, when querying for number of swaps of Mona Lisa MFT by filtering for its swap_from_asset_id = 725937713 from flipside_prod_db.algorand.swaps table.
• It yields 0 result or record for this query.

This is because Opulous' music NFT exchange is in the works and is set to launch in Q2 2022. (not yet launched)

Images taken from: Opulous Tokenomics PDF

• As depicted in the image, Opulous is looking to build its own Decentralised NFT Exchange, where users may buy and sell music NFTs around.

• According to the roadmap, the Music NFT Exchange is scheduled to launch in Q2 of 2022. However, the exchange has not yet been launched as of May 26th, so it would be reasonable to expect the Music NFT exchange to launch next month, in June 2022. (the last month of Q2 2022).

• As of now, users cannot sell or buy Mona Lisa- Lil Pump ft Soulja Boy MFT. Users can only freely buy and sell their Mona Lisa MFT after the Opulous' Music NFT exchange is launched.

Conclusion

1. Only 197.7k of the total 501.7k shares have been claimed, leaving 304k shares unclaimed.
2. There are 192 distinct wallets with more than 100 shares, accounting for 58.7% of all MFT holders.
3. On May 12th, 109.5k shares were claimed, making it the most MFT shares claimed day.
4. The Opulous Decentralized NFT Exchange is in the works. As a result, no MFT holders have swapped their MFT shares.

So far, Opulous has been delivering according to the timeline of their roadmap, NFT exchange should be delivered on-time.

• According to the Opulous roadmap, the DeFi component launch is scheduled for Q1 2022, which they have successfully completed.
• In Q1 2022, OPUL (token of Opulous) price rallied 175% after the project announced DeFi staking, CEX listings and upcoming S-NFT sales. Article by Cointelegraph
• As a result, we can conclude that the Opulous team is competent and will deliver on their roadmaps in accordance with their flawless track record. We can be expectant to see Opulous' Music NFT exchange launch by next month.