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11/30/2022, 7:36:52 AM

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Utopia price is unchanged in the past week.

The current price is $0.000461 per TOPIA. The new price represents a new all time high of $0.000461.


What Is Utopia (TOPIA)?

Utopia (TOPIA) is a decentralized cryptocurrency platform created on the Binance Smart Chain to use the features of swift transactions and lower transaction fees offered by the blockchain network. The project aims to solve real-world problems through charity donations and crowdfunding. Furthermore, the project also seeks to resolve issues within the cryptocurrency space through their utilities.

As per the whitepaper, there are two problems that the platform aims to solve. First, due to the growth of the Binance Smart Chain, there is a growth in the number of new projects trading on BSC DEXes. The top existing DEX offers a swapping function. However, they do not contain any trading tools or features that traders are used to in the centralized exchanges. That is why Utopia DEX aims to offer comprehensive tools required for decentralized cryptocurrency trading. The platform seeks to include charting, limit orders, and stop-loss orders. The second problem is that existing launchpads have high fees and offer no preventive measures from people sniping the presale early using bots. Utopia launchpad aims to charge minimal fees, have anti-bot features, and be standard. Launchpads are platforms for launching new crypto projects and coins/tokens.

Furthermore, the platform aims to create a decentralized charity crowdfunding utility. People use trustless smart contracts to fund charitable acts in this space. Smart contracts are just like regular contracts; however, instead of being drafted on paper, these contracts run in the form of protocols on blockchain. In addition, the platform seeks to launch a BTC Utopia bridge to lower the entry barrier for users to trade tokens and bring further utility to the platform.

To be a part of the Utopia community, users acquire the TOPIA token, a BEP-20 token. BEP-20 is a type of token standard used on Binance Smart Chain.With the help of the TOPIA token, the Utopia launchpad aims to offer a whitelist presale for launchpads. The platform aims to reduce the transaction fee to increase the token's utility, thus seeking users to hold the token further.

History of Utopia (TOPIA)

Timmy Kuriakose and Igor Airbender are the founders of the platform. Kuriakose is into project coordination, and Airbender is into business development.Derek Chin Zhi Xian is the head of technology development.

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What is the current price of Utopia?

The price of 1 Utopia currently costs $0.000461.

What other assets are similar to Utopia?

Assets that have a similar market cap to Utopia include Ethereum 2, Ethereum, Tether, and many others. To see a full list, see our comparable market cap assets.