Here’s How Utopia P2P Builds an All-In-One Crypto Toolkit Powered by Native Exchange Crypton
In 2022, amid the euphoria surrounding GameFi, NFTs and DeFis, privacy and anonymity will remain the crucial elements of blockchain technology and ethos. Utopia P2P shows that a user-friendly interface and a comprehensive toolkit can go hand in hand with 100% security and anonymity for every transaction.
UtopiaP2P: why privacy matters in Web3
Since the very first days in 2019, Utopia P2P ecosystem prioritized the essential features of real Web3 projects, namely anonymity, security, independence, holistic and cross-platform approach.
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Therefore, it is approaching 2022 with a powerful and technically advanced attack-resistant stack of solutions:
Utopia crypto wallet is designed for non-custodial storage and transfer of native coins, UUSD and CRP; Utopia Email Agent ensures 100% private and secure email conversations for computer users with different levels of expertise in technology; Utopia private messenger is a completely decentralized alternative to Telegram, WhatsApp and Weibo in terms of usability, but it surpasses them all when it comes to security and privacy; Utopia’s native exchange, Crypton, facilitates trading of key digital assets without KYC/AML checks; A dual native token architecture with CRP tools and Utopia USD (UUSD) stablecoins is set up to ensure the stability of the entire system in a decentralized and censorship-resistant manner.
Core issues with crypto privacy in 2022
At the End of the Day: Why Do Legitimate Crypto Holders Need Privacy in 2022? Or have privacy-focused cryptosystems already become a safe haven for scammers and fraudsters of all kinds?
First of all, privacy helps crypto users withstand the increasing pressure from government systems. In 2021, numerous countries – from China to Indonesia, from the US to Estonia – have enacted new anti-crypto rules. While no Chinese-style ban has been introduced yet, crypto users worldwide are under pressure.
The year 2022 started with another attack on crypto from the Russian Central Bank. In its latest report, the Russian watchdog stated that crypto should be banned.
The Central Bank is calling for a ban on CEXs and DEXs, mining, investment and retail payments in cryptocurrency as crypto “poses a threat” to the stability of the Russian financial system. Therefore, it is better not to demonstrate your crypto wealth to watchdogs.
Second, a holder can attract scammers and criminals by disclosing too much data about your crypto activity. Unfortunately, the crypto segment is inundated with scams, so it’s better not to publicly associate yourself with crypto-related activities.
Last but not least, strict control always comes with centralization, while storing crypto on centralized wallets goes against the ethos of blockchain and Web3. Also, wallets of centralized crypto services are exposed to scams, hacks, thefts and attacks.
All in all, using KYC agnostic decentralized solutions for untraceable crypto transactions could be a smart bet in 2022.
Here’s How Utopia P2P Makes the Crypto Experience More Anonymous and Secure
Utopia P2Pa privacy-first decentralized ecosystem of blockchain-based products, meets the most stringent privacy and security requirements and does not expose user data to trackers, government agencies or hackers.
Utopia Messenger is desktop instant messaging software. It allows messages to be sent as with WhatsApp or Telegram – with stickers, “votes”, emojis and files – but with end-to-end encryption and completely anonymous registration.
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For example, on Telegram, which is considered the most secure regular messenger, you need to register with your phone number.
So if you link it to your SIM card and ID, your conversations are no longer anonymous. In Utopia P2P messenger, all you need to chat is your blockchain address.
Previous generations email clients (Gmail, Yandex, Outlook) are generally not aligned with privacy-oriented systems. Some of them also charge customers extra for cloud storage space, comprehensive toolkit and so on.
Unlike them, Utopia P2P has released a 100% free and secure email tool. The versatile interface makes it possible to manage office and private correspondence and always have all tasks and workloads at your fingertips.
Since Utopia’s P2P ecosystem is crypto-centric, releasing a native cryptocurrency wallet seems like a natural step in its progress. Utopia’s wallet does not store its customers’ keys or assets. It also has no KYC/AML checks; anyone can register and use it without ID.
Image by Utopia
Utopia P2P wallet supports operations with a variety of tokens, including both crypto giants (Bitcoin, US Dollar Tether, Monero) and Utopia’s native cryptocurrencies.
To develop balanced and flexible tokenomics for its products, Utopia P2P proposed two tokens. The first, Crypton (CRP), is the main crypto asset for Crypton Exchange, while the second, Utopia US Dollar (UUSD), is the protocol’s private US Dollar-pegged stablecoin. Like DAI and UST, it is fully decentralized and managed by smart contracts.
An advanced algorithm ensures a reliable link with the underlying currency and a balance of minted/destroyed tokens.
Crypton Exchange: Gateway for Traders to the UtopiaP2P Ecosystem
Crypton Exchange is a backbone element of the UtopiaP2P product family as it integrates its users into the global cryptocurrencies ecosystem.
Crypton Exchange is designed for the secure and easy-to-use peer-to-peer exchange of cryptocurrency assets. Like all other Utopia P2P products, it is completely anonymous and does not perform KYC/AML checks.
This neutrality allows Crypton Exchange to be a reliable and untraceable platform for buying tokens, cryptocurrency conversion, day-to-day trading, short-term investments in crypto, and so on.
Crypton Exchange has created a feature-rich toolkit for spot traders and has proprietary API tools and a chat for all registered traders. Crypton Exchange is available in light and dark modes to ensure that all users can track their positions with maximum comfort.
As of the first quarter of 2022, Crypton Exchange will support five assets: its own asset, CRP, the largest stablecoin, USDT, a first-ever algorithmic stablecoin DAI, Utopia’s stablecoin Utopia USD, flagship cryptocurrency Bitcoin (BTC) and groundbreaking privacy-focused coin, Monero ( XMR). In the future, the list of supported coins will be expanded.
Long story short, Utopia P2P, with its multi-platform ecosystem, is changing the game in the privacy-focused cryptocurrencies segment as it allows them to speak a human language.
With Utopia P2P and Crypton Exchange, working with the ultimate level of privacy has never been easier.