What is Utopia Genesis Foundation (UOP) | What is UOP token

We are a blockchain-powered music data providing platform that enables more data, more revenue, more efficiency, more transparency & fairness

THE PROBLEM WITH THE MUSIC INDUSTRY

There is recent optimism related to increased revenues from digital streaming, live performances and the relative renaissance of vinyl. But despite that, the wider music industry still suffers from a decline in revenues since its peak in the late nineties.

Given the prevailing trends, it is more important than ever to fundamentally restructure the music and entertainment ecosystem. The change needs to address the underlying revenue and royalty flow affecting songwriters, performing artists and rights holders, to ensure that it is built on a foundation of transparency, efficiency, and fairness.

WHAT CHALLENGES LIE AHEAD ?

In the past two decades the music and entertainment industries have been disrupted by technological developments such as the internet, the digitization of text, music, and video. Due to more music consumption, new revenue streams and more possibilities to listen to music, these processes have an overwhelmingly negative impact on the traditional revenue streams.

But they have also rendered legacy music industry actors – such as music publishers, record labels, agents and representatives – and their workflows inefficient when looking at what is possible.

We are working diligently to modernize the standard archaic model.

Our goal

The multi-layered and self-serviced UOP and its applications will allow users to understand what music is performing best – where, how, when, and with which audience segment.

The UOP, as a global open platform, will create value for each and every entity in the music industry. This value will be created in many ways, whether by empowering record labels with geographic consumption data to more selectively plan artist tours, or PROs learning where they should distribute the black box money.

Artists using the applications developed on UOP will be able to optimize and streamline releases and promotional efforts, achieving better results and deeper market penetration. By combining insights and discoveries from all the tools that can be developed on the UOP, we are going be able to map out the complete information landscape of the music business universe.

UOP TOKEN

Purpose of the Token

The UOP Token is the main currency for the Utopia Open Platform, ensuring settlements are processed properly and committed to the ledger authentically. Based on the extension of the ecosystem, the protocol will evolve along. In due course, when the market matures, we want the token to be the base for the whole music ecosystem, with the end-goal being: One play, one pay.

The Need for Blockchain

In an industry known for its opacity, transparency is desperately needed.

Every player subject to a contract must have access to undeniable proof of each payment. Only once all parties can be trusted will we be able to advance the industry as a whole, for the better of everyone.

Current industry players will have the added benefit of being able to track how much capital is being earned from various activities – on a second-to-second basis.

They will be able to achieve this without resorting to expensive and cumbersome legal and accounting operations. In large organizations, such expenses can account for over 50% of total costs. With UOP, this money can be spent on funding and growing new and exciting artists – an inspiring prospect.

All applications running on UOP need to pay for the services they use.

The reason for this is to ensure that the Utopia Foundation will receive the funds necessary to sustain itself. It will also be a requirement for the development of new features, payment for hosting, abuse prevention, and ultimately to ensure that we can continue to benefit of the music industry with the work that we Before going live on the UOP, every application must stake a certain number of tokens. This is done to ensure that all applications are invested in the platform and to mitigate abuse of the system. If an application is discontinued, then the stake will be refunded. In case of abuses and serious breaches of the terms and conditions, the stake will return to the Utopia Foundation. A stake is not a requirement to test the features of the platform in our test environment. ​It will also be a requirement for the development of new features, payment for hosting, abuse prevention, and ultimately to ensure that we can continue to ​benefit the music industry with the work that we Before going live on the UOP, ​every application must stake a certain number of tokens.

On the other hand, some features on the platform carry a cost in order to use.

For example, there is a cost to use the Delta application to report data, where the cost depends on the number of reports analyzed in order to produce a result. Simple calls such as searching for a song or logging in to an account carry a very low cost. This allows for a certain number of free uses every day, making them effectively free for most applications.

Blockchain Proof of Authority

The Utopia Genesis Foundation network is governed by a set of trusted and decentralized validators. Apart from governing the network and voting on ballots, validators provide consensus on transactions within the network.

Validators are undergoing extensive due diligence before being invited to govern the network. In most cases the appointed parties are Swiss firms, notaries and big blockchain players who are transparent in their identity and business. This enables the network to become more transparent, as validators’ decisions are written in a public ledger, available for public view.

As a proof of authority network, the Utopia Genesis Foundation validators manage themselves and the underlying on-chain contracts related to consensus in order to ensure the network’s security and performance. The security is a result of the number of validators in the network – more validators means greater decentralization and security.

Application Protocol Interface

What renders the UOP truly open is the Application Protocol Interface (API). The API attached to the UOP enables third parties to develop applications connected directly to the environment, in the same way as first-party services.

This enables both internal and external applications to make queries for data, such as music consumptions. The UOP also provides services necessary to manage identities, policies, smart contracts, event queues, as well as other business processes.

TOKEN SUPPLY AND DISTRIBUTION

With our token launch, we will jumpstart the Utopia Genesis Foundation’s development of its ecosystem. We want to generate user adoption with bonuses - in the form of a price discount - provided to early investors and sometimes with a short lock-up to help improve market dynamics and stability.

Utopia’s Tokens Vesting Schedule

(Tokens in circulation over time)

graphic

Total Supply

We will mint 100M tokens. The estimated market cap will be of 3.8M USD, and they will be distributed in various ways. The price at the start of the token sale will be 0.32 USD per token.

The token will be a native currency on the Utopia POA Blockchain and a 1:1 bridged ERC-20 on the Ethereum Protocol. The bridge makes it easier to use the tokens on Ethereum, where you can use it for collateral or other purposes.

Utopia Music

30M tokens will be in possession of Utopia Music AG through payment of token project and shareholders.

Private Sale

5M tokens will be sold in the Private Sale.

Public Sale

25M tokens will be sold in a series of four token sales.

Foundation Vault

40M tokens will be held in the Foundation Vault to support the Foundation projects and development. The Foundation Vault will deposit 25% of the staked tokens into the Genesis Vault, to be controlled by the Decentralized Autonomous Organization (DAO)

Lockups

Tokens in the possession of Utopia Music AG have various lockups. Tokens allocated to the team will be locked up for 60 months. A vesting period will start a year after trading begins on an exchange. For the shareholders, there will be a vesting period after six months and be ongoing for 60 months after trading on an exchange starts. The Foundations tokens will also be in various lock-ups. For more information please refer to the data above.

TOKEN SALE: 16 DEC – 18 DEC

Ticker: UOP 
Token type: ERC20 
ICO Token Price: 1 UOP = 0.32 USD
Fundraising Goal: $2,000,000
Total Tokens: 100,000,000 
Available for Token Sale: 25%

Utopia Genesis

The Utopia Genesis Foundation was founded with a mission to establish an open and standardized process for the music industry to track, process and tokenize rights. By introducing a universal blockchain protocol for anyone who wants to run commercial projects in the modern music industry, the Foundation aims to provide the infrastructure and tools needed for the development, maintenance and growth of the ecosystem. To add transparency to all these processes, the Foundation is launching its own cryptocurrency, the Utopia Open Platform (UOP) Token. The Token seeks to improve the profitability of the global music industry by eliminating conversion costs and middlemen by unifying the industry onto one common platform.

Token Price :0.32 USDt
Accepted Currency :BTC
Token Sale Goal :6,250,000 UOP
Minimum Pledge :10 USD ~ 0.00051 BTC
Maximum Pledge :20,000 USD ~ 1.02688 BTC
Token Sale Start Time :12/16/2020, 9:00:00 AM UTC
Token Sale End Time :12/18/2020, 9:00:00 AM UTC
Token Allocation Model:Pro Rata (more information below)

Would you like to earn many tokens and cryptocurrencies right now! ☞ CLICK HERE

Looking for more information…

☞ Website
☞ Announcement
☞ Social Channel
Message Board
Light Paper
Token Sale Page
Token Economics

Create an Account and Trade Cryptocurrency NOW

Binance
Bittrex
Poloniex

Thank for visiting and reading this article! I’m highly appreciate your actions! Please share if you liked it!

#blokchain #bitcoin #crypto #utopia genesis foundation #uop

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What is Utopia Genesis Foundation (UOP) | What is UOP token

What is Utopia Genesis Foundation (UOP) | What is UOP token

We are a blockchain-powered music data providing platform that enables more data, more revenue, more efficiency, more transparency & fairness

THE PROBLEM WITH THE MUSIC INDUSTRY

There is recent optimism related to increased revenues from digital streaming, live performances and the relative renaissance of vinyl. But despite that, the wider music industry still suffers from a decline in revenues since its peak in the late nineties.

Given the prevailing trends, it is more important than ever to fundamentally restructure the music and entertainment ecosystem. The change needs to address the underlying revenue and royalty flow affecting songwriters, performing artists and rights holders, to ensure that it is built on a foundation of transparency, efficiency, and fairness.

WHAT CHALLENGES LIE AHEAD ?

In the past two decades the music and entertainment industries have been disrupted by technological developments such as the internet, the digitization of text, music, and video. Due to more music consumption, new revenue streams and more possibilities to listen to music, these processes have an overwhelmingly negative impact on the traditional revenue streams.

But they have also rendered legacy music industry actors – such as music publishers, record labels, agents and representatives – and their workflows inefficient when looking at what is possible.

We are working diligently to modernize the standard archaic model.

Our goal

The multi-layered and self-serviced UOP and its applications will allow users to understand what music is performing best – where, how, when, and with which audience segment.

The UOP, as a global open platform, will create value for each and every entity in the music industry. This value will be created in many ways, whether by empowering record labels with geographic consumption data to more selectively plan artist tours, or PROs learning where they should distribute the black box money.

Artists using the applications developed on UOP will be able to optimize and streamline releases and promotional efforts, achieving better results and deeper market penetration. By combining insights and discoveries from all the tools that can be developed on the UOP, we are going be able to map out the complete information landscape of the music business universe.

UOP TOKEN

Purpose of the Token

The UOP Token is the main currency for the Utopia Open Platform, ensuring settlements are processed properly and committed to the ledger authentically. Based on the extension of the ecosystem, the protocol will evolve along. In due course, when the market matures, we want the token to be the base for the whole music ecosystem, with the end-goal being: One play, one pay.

The Need for Blockchain

In an industry known for its opacity, transparency is desperately needed.

Every player subject to a contract must have access to undeniable proof of each payment. Only once all parties can be trusted will we be able to advance the industry as a whole, for the better of everyone.

Current industry players will have the added benefit of being able to track how much capital is being earned from various activities – on a second-to-second basis.

They will be able to achieve this without resorting to expensive and cumbersome legal and accounting operations. In large organizations, such expenses can account for over 50% of total costs. With UOP, this money can be spent on funding and growing new and exciting artists – an inspiring prospect.

All applications running on UOP need to pay for the services they use.

The reason for this is to ensure that the Utopia Foundation will receive the funds necessary to sustain itself. It will also be a requirement for the development of new features, payment for hosting, abuse prevention, and ultimately to ensure that we can continue to benefit of the music industry with the work that we Before going live on the UOP, every application must stake a certain number of tokens. This is done to ensure that all applications are invested in the platform and to mitigate abuse of the system. If an application is discontinued, then the stake will be refunded. In case of abuses and serious breaches of the terms and conditions, the stake will return to the Utopia Foundation. A stake is not a requirement to test the features of the platform in our test environment. ​It will also be a requirement for the development of new features, payment for hosting, abuse prevention, and ultimately to ensure that we can continue to ​benefit the music industry with the work that we Before going live on the UOP, ​every application must stake a certain number of tokens.

On the other hand, some features on the platform carry a cost in order to use.

For example, there is a cost to use the Delta application to report data, where the cost depends on the number of reports analyzed in order to produce a result. Simple calls such as searching for a song or logging in to an account carry a very low cost. This allows for a certain number of free uses every day, making them effectively free for most applications.

Blockchain Proof of Authority

The Utopia Genesis Foundation network is governed by a set of trusted and decentralized validators. Apart from governing the network and voting on ballots, validators provide consensus on transactions within the network.

Validators are undergoing extensive due diligence before being invited to govern the network. In most cases the appointed parties are Swiss firms, notaries and big blockchain players who are transparent in their identity and business. This enables the network to become more transparent, as validators’ decisions are written in a public ledger, available for public view.

As a proof of authority network, the Utopia Genesis Foundation validators manage themselves and the underlying on-chain contracts related to consensus in order to ensure the network’s security and performance. The security is a result of the number of validators in the network – more validators means greater decentralization and security.

Application Protocol Interface

What renders the UOP truly open is the Application Protocol Interface (API). The API attached to the UOP enables third parties to develop applications connected directly to the environment, in the same way as first-party services.

This enables both internal and external applications to make queries for data, such as music consumptions. The UOP also provides services necessary to manage identities, policies, smart contracts, event queues, as well as other business processes.

TOKEN SUPPLY AND DISTRIBUTION

With our token launch, we will jumpstart the Utopia Genesis Foundation’s development of its ecosystem. We want to generate user adoption with bonuses - in the form of a price discount - provided to early investors and sometimes with a short lock-up to help improve market dynamics and stability.

Utopia’s Tokens Vesting Schedule

(Tokens in circulation over time)

graphic

Total Supply

We will mint 100M tokens. The estimated market cap will be of 3.8M USD, and they will be distributed in various ways. The price at the start of the token sale will be 0.32 USD per token.

The token will be a native currency on the Utopia POA Blockchain and a 1:1 bridged ERC-20 on the Ethereum Protocol. The bridge makes it easier to use the tokens on Ethereum, where you can use it for collateral or other purposes.

Utopia Music

30M tokens will be in possession of Utopia Music AG through payment of token project and shareholders.

Private Sale

5M tokens will be sold in the Private Sale.

Public Sale

25M tokens will be sold in a series of four token sales.

Foundation Vault

40M tokens will be held in the Foundation Vault to support the Foundation projects and development. The Foundation Vault will deposit 25% of the staked tokens into the Genesis Vault, to be controlled by the Decentralized Autonomous Organization (DAO)

Lockups

Tokens in the possession of Utopia Music AG have various lockups. Tokens allocated to the team will be locked up for 60 months. A vesting period will start a year after trading begins on an exchange. For the shareholders, there will be a vesting period after six months and be ongoing for 60 months after trading on an exchange starts. The Foundations tokens will also be in various lock-ups. For more information please refer to the data above.

TOKEN SALE: 16 DEC – 18 DEC

Ticker: UOP 
Token type: ERC20 
ICO Token Price: 1 UOP = 0.32 USD
Fundraising Goal: $2,000,000
Total Tokens: 100,000,000 
Available for Token Sale: 25%

Utopia Genesis

The Utopia Genesis Foundation was founded with a mission to establish an open and standardized process for the music industry to track, process and tokenize rights. By introducing a universal blockchain protocol for anyone who wants to run commercial projects in the modern music industry, the Foundation aims to provide the infrastructure and tools needed for the development, maintenance and growth of the ecosystem. To add transparency to all these processes, the Foundation is launching its own cryptocurrency, the Utopia Open Platform (UOP) Token. The Token seeks to improve the profitability of the global music industry by eliminating conversion costs and middlemen by unifying the industry onto one common platform.

Token Price :0.32 USDt
Accepted Currency :BTC
Token Sale Goal :6,250,000 UOP
Minimum Pledge :10 USD ~ 0.00051 BTC
Maximum Pledge :20,000 USD ~ 1.02688 BTC
Token Sale Start Time :12/16/2020, 9:00:00 AM UTC
Token Sale End Time :12/18/2020, 9:00:00 AM UTC
Token Allocation Model:Pro Rata (more information below)

Would you like to earn many tokens and cryptocurrencies right now! ☞ CLICK HERE

Looking for more information…

☞ Website
☞ Announcement
☞ Social Channel
Message Board
Light Paper
Token Sale Page
Token Economics

Create an Account and Trade Cryptocurrency NOW

Binance
Bittrex
Poloniex

Thank for visiting and reading this article! I’m highly appreciate your actions! Please share if you liked it!

#blokchain #bitcoin #crypto #utopia genesis foundation #uop

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aaron silva

1622197808

SafeMoon Clone | Create A DeFi Token Like SafeMoon | DeFi token like SafeMoon

SafeMoon is a decentralized finance (DeFi) token. This token consists of RFI tokenomics and auto-liquidity generating protocol. A DeFi token like SafeMoon has reached the mainstream standards under the Binance Smart Chain. Its success and popularity have been immense, thus, making the majority of the business firms adopt this style of cryptocurrency as an alternative.

A DeFi token like SafeMoon is almost similar to the other crypto-token, but the only difference being that it charges a 10% transaction fee from the users who sell their tokens, in which 5% of the fee is distributed to the remaining SafeMoon owners. This feature rewards the owners for holding onto their tokens.

Read More @ https://bit.ly/3oFbJoJ

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SafeMoon Clone | SafeMoon Token Clone | SafeMoon Token Clone Development

The SafeMoon Token Clone Development is the new trendsetter in the digital world that brought significant changes to benefit the growth of investors’ business in a short period. The SafeMoon token clone is the most widely discussed topic among global users for its value soaring high in the marketplace. The SafeMoon token development is a combination of RFI tokenomics and the auto-liquidity generating process. The SafeMoon token is a replica of decentralized finance (DeFi) tokens that are highly scalable and implemented with tamper-proof security.

The SafeMoon tokens execute efficient functionalities like RFI Static Rewards, Automated Liquidity Provisions, and Automatic Token Burns. The SafeMoon token is considered the most advanced stable coin in the crypto market. It gained global audience attention for managing the stability of asset value without any fluctuations in the marketplace. The SafeMoon token clone is completely decentralized that eliminates the need for intermediaries and benefits the users with less transaction fee and wait time to overtake the traditional banking process.

Reasons to invest in SafeMoon Token Clone :

  • The SafeMoon token clone benefits the investors with Automated Liquidity Pool as a unique feature since it adds more revenue for their business growth in less time. The traders can experience instant trade round the clock for reaping profits with less investment towards the SafeMoon token.
  • It is integrated with high-end security protocols like two-factor authentication and signature process to prevent various hacks and vulnerable activities. The Smart Contract system in SafeMoon token development manages the overall operation of transactions without any delay,
  • The users can obtain a reward amount based on the volume of SafeMoon tokens traded in the marketplace. The efficient trading mechanism allows the users to trade the SafeMoon tokens at the best price for farming. The user can earn higher rewards based on the staking volume of tokens by users in the trade market.
  • It allows the token holders to gain complete ownership over their SafeMoon tokens after purchasing from DeFi exchanges. The SafeMoon community governs the token distribution, price fluctuations, staking, and every other token activity. The community boosts the value of SafeMoon tokens.
  • The Automated Burning tokens result in the community no longer having control over the SafeMoon tokens. Instead, the community can control the burn of the tokens efficiently for promoting its value in the marketplace. The transaction of SafeMoon tokens on the blockchain platform is fast, safe, and secure.

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Embrace the growth of DeFi Token Development Like SafeMoon in real-world

“The DeFi token development like SafeMoon was initially launched in March 2021 and created huge hype among global users. It is noted that more than 2 million holders have adopted this SafeMoon token in recent times after its launch in the market. The DeFi token like SafeMoon has hit the market cap for about $2.5 billion. This digital currency has experienced a steady increase in its price value to top the crypto list in the trade market. The future of cryptocurrency is expanding wide opportunities for upcoming investors and startups to make their investments worthy.”

The SafeMoon like token development is becoming more popular in the real world, making investors go crazy over these digital currencies since their value is soaring high in the marketplace. The DeFi like SafeMoon token has grabbed users attention in less time when compared to other crypto tokens in the market. The SafeMoon like token exists on the blockchain for the long run and does not rely on any intermediaries like financial institutions or exchanges. It has a peer-to-peer (P2P) network that benefits global users from experiencing fast and secure transactions.

What is SafeMoon?

SafeMoon is considered a decentralized finance (DeFi) token with great demand and value in the crypto market. It is mainly known for its functionalities like Reflection, LP Acquisition and burning. The DeFi token like SafeMoon functions exactly like tokenomics of the reflected finance, and it is operated through the Binance Smart Chain framework. It is a combination of liquidity generating protocol and RFI tokenomics in the blockchain platform. The launch of the SafeMoon token eliminates the need for central authority like banks or governments to benefit the users with secure processing at high speed without any interruption.

SafeMoon Tokenomics :

The SafeMoon tokenomics describes the economic status of the crypto tokens and has a more sound monetary policy than other competitors in the market. However, it is figured that investment towards DeFi like SafeMoon tokens has a higher potential for returns to benefit the investors in future and the risk associated with it is less. The total supply of SafeMoon tokens is estimated at 1,000,000,000,000,000, and 600,000,000,000 of these tokens are still in circulation. Burned Dev tokens supply is calculated as 223,000,000,000,000, and the shorthand is 223 Trillion. The Fair launch supply is closed around 777,000,000,000,000, and it is circulated for about 777 Trillion.

SafeMoon Specification :

The SafeMoon like DeFi token development is currently the fast-moving cryptos and struck the market cap for about $2,965,367,638. The SafeMoon token price value is found to be $0.000005065 that lured a wide range of audience attention in a short period. The total supply of tokens in the present is one quadrillion tokens.

SafeMoon Protocol :

The SafeMoon Protocol is considered as community-driven DeFi token that focuses on reflection, LP acquisition, and burn in each trade where the transaction is taxed into 5% fee redistributed to all existing holders, 5% fee is split into 50/50 where the half is sold by the contract into BNB and another half of SafeMoon tokens pairs with BNB and added as liquidity pair on PancakeSwap.

Safety: A step by step plan for ensuring 100% safety.

  • Dev burned all tokens in the wallet before the launch.
  • Fair launch on DxSale.
  • LP locked on DxLocker for four years
  • LP generated with every trade and locked on Pancake

Why is there a need for reflection & static?

The reflect mechanism effectively allows token holders to hang on their tokens based on percentages carried out and relying upon total tokens held by owners. The static rewards play a significant role in solving a host of problems to benefit the investors with profits based on the volume of tokens being traded in the market. This mechanism focuses on satisfying the early adopters selling their tokens after farming high APYs.

What is the role of Manual Burns?

The manual burns do matter at times, and sometimes they don’t. The continuous burn on any protocol is efficient for a shorter period, which means there is no possibility of controlling it in any way. It is necessary to have the SafeMoon like token burns controlled and promoted for further achievements over community rewards. It is possible that even manual burns and the amounts to be tracked down easily and advertised. The burn strategy of DeFi like SafeMoon token, is beneficial and rewarding for users engaged over the long term.

How efficient is Automatic Liquidity Pool (LP)?

The SafeMoon protocol ensures to take the assets automatically from token holders and locks them for liquidity. The main intention is to keep the holder in touch with the performance of the SafeMoon token by preventing the dips from whales when they are adopted for the mass trade-off.
The DeFi like SafeMoon token, has great price value in the trade market with fewer fluctuations.

Attractive features present in DeFi like SafeMoon token platform :

  • Stable Rewards
  • Manual Burning
  • LP Acquisition
  • Community Governed Tokens
  • RFI Staking Rewards
  • Automated Liquidity Pool
  • Automated Market Making

What are the benefits offered in SafeMoon like Token Development?

  • The SafeMoon like token development maintains high transparency over user transaction details to gain their trust.
  • It eliminates the need for intermediaries in DeFi token like SafeMoon platform to benefit the users with less gas fee, wait time and faster transaction speed.
  • The DeFi token development like SafeMoon supports borderless transactions for users to transfer funds from anywhere and anytime.
  • It benefits the token holders from gaining exclusive ownership rights over their purchased DeFi like SafeMoon tokens from the marketplace.
  • The smart contracts present in DeFi like SafeMoon token platform manages to operate the overall flow of transactions without any delay.
  • Investors can generate immediate liquidity from DeFi like SafeMoon tokens to increase their business revenue in a short period.

Summing Up :

The DeFi token development like SafeMoon is the next game-changer for the upcoming generation to explore the benefits for their business growth. The investments towards DeFi like SafeMoon token has excellent value in the long run that benefits the investors with high returns. It is highly efficient for trade, buy/sell and transaction. Investors can connect with any reputed blockchain company with professional experience developing a world-class DeFi like SafeMoon token platform with high-end features cost-effectively.

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