Utopia Launchpad preview: A new chapter of the Utopia P2P ecosystem

Published on: 31.01.2022

Utopia P2P, an ecosystem of privacy-focused projects, announced the development and release of a launchpad with no KYC/AML and other features, which will help find an interested audience, additional investment, and a reliable start of any crypto project.

The ecosystem plans to release a democratic launchpad with incentive programs and grants for projects produced on the Utopia P2P ecosystem. With its help, each project will be able to find its audience, receive the first funds quickly, and then go public — safely and without high requirements for the parties involved. This alternative launchpad ensures effectiveness and security. It works much cheaper, faster, and anonymous than others.

A significant advantage is that it is possible to use the token placement platform and create new smart tokens. Now, the project will not have to seek the help of third parties to create a smart token. The system works in such a way that with the help of a generator, a new token is created in the Utopia P2P network according to predetermined tokenomics. More than 20 built-in parameters will allow you to create a unique and inimitable financial instrument that meets the requirements and objectives of the project.

Deflationary tokens, which have a useful role in the project’s mechanics, can also be attributed to this list. In addition, it may also be an inflationary model of a new meme coin, whose economy will be more like a gambling game.

After the placement, the tokens will immediately be traded on the Crypton Exchange (the internal exchange of the ecosystem) and in liquidity pools by analogy with Uniswap or Pancakeswap in traditional networks.

Any project with various tasks and functions can be created in Utopia P2P.

The Utopia team makes it all possible by lowering the entry threshold for users. The Crypton Exchange side takes over the whole process of implementing the Utopia Launchpad project. And people responsible for the ecosystem will add the ability to work with tokens to the Utopia client and its API.

SOURCE

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