Announcing Utopia Genesis Foundation’s UOP Token Initial Exchange Offering

Utopia Genesis Foundation
2 min readDec 9, 2020

Utopia Genesis Foundation aims to provide the infrastructure, tools and funding needed for the development, maintenance and growth of the music industry using blockchain technology. Their token UOP is ready for their Initial Exchange Offering (IEO).

This token is an essential currency of the platform as it will allow those throughout the music industry to improve their profitability by getting rid of conversion costs, middlemen, and other expenses. The UOP token is being offered to early adopters beginning Wednesday, December 16th, 2020 starting at 9AM UTC through Bitfinex Autonomous Token Sales Programme.

Bitfinex is an industry leader when it comes to welcoming new coins and tokens into the market and has been one of the most trusted and innovative cryptocurrency exchanges since 2012.

Details of the Initial Exchange Offering

There are a limited number of tokens available at the set IEO price. The following are the key details associated with this IEO:

· Price — 0.32 USDT

· Accepted Currency — Bitcoin (BTC)

· Total Sale Goal — 6,250,000 UOP

· Minimum Pledge — 10 USD

· Maximum Pledge — 20,000 USD

· IEO Start Time — December 16th, 2020, 9AM UTC

· IEO End Time — December 18th, 2020, 9AM UTC

Why Purchase UOP Tokens?

The UOP token is an essential part of the Utopia Open Platform. In addition to serving as the currency used by music artists, record labels, investors, and others who are on this platform, the token also facilitates the ability for data to be written on the blockchain. This is necessary when it comes to ensuring transparency and proof of authority.

The token has many purposes for everyone involved in the Utopia ecosystem, ranging from streamlining payments to making the distribution and consumption of music fair and efficient.

Register for this IEO

In order to participate in the initial exchange offering, users must have an active account on Bitfinex. To learn more about the Utopia Open Platform and the UOP Token visit https://tokensales.bitfinex.com/utopia

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Utopia Genesis Foundation

We believe in unlocking the music industry’s full potential by unifying it all in one holistic space. We call it Utopia — Where music lives. utopiagenesis.com