Introduction

Lil Pump is the most recent musician to consider selling a portion of his music earnings as an NFT. He's collaborating with Opulous and Republic, and yesterday he announced the introduction of a 'Security-NFT,' which includes a part of the earnings from his upcoming Soulja Boy-featuring tune "Mona Lisa."

People could buy bronze, silver, gold, or platinum-level NFTs for $100, $1, $5, or $10, and the campaign hit its maximum funding target of $500k within two hours after launching.

The specifics: Mona Lisa LLC owns half of the master and publishing rights to the music, which will be divided among the investors depending on "each investment and quantity invested."There are 910 bronze-level investors, 100 silver-level investors, 21 gold-level investors, and four platinum-level investors, so it's a big group.

Stonks? Effectively, it all hinges on how well the song does, including whether or not it can be licensed outside of streaming. It's a contentious model: Opulous, for example, was involved in a music copyright NFT deal with Taylor Bennett and Big Zuu earlier this year but has subsequently been questioned over the delay in releasing one of those tracks.

Lil Pump provides the organization with yet another opportunity to demonstrate that the concept is profitable for investors.

Methodology

This query looks into the shareholders by filtering them with the asset id of the MFT and the shares held and received by the wallets are analyzed .In addition to this ,The daily analysis of the share held by the wallets are checked out to see if any day has faced interesting things in the shares held.

The table gives the information about the shares held by the users as well as the shares sold by them.Its ideal that the shares claimed is equal to the shares sold which imply that all the shares are claimed.

The distribution of the share amount that is held by each distinct user are accounted for this and it shows that the highest share amount held by a distinct user is 10K.

The same case of distribution is seen in the case of receivers as the highest shareholder holds more than 5% of the total amount of the MFT. Thus the amount can be calculated as 200000 in approx.

This displays the daily analysis of the claims of the MFT but then it is interesting to see that May 12, 2022, has faced the highest growth in the claim number with 180 and then an interesting thing is that there are no claims on May 22 and 23. After that, the users started claiming again. This can be a cycle of claims according to the increasing or decreasing trend in the price of the MFT.