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Utopia Foundation to bring more than USD1bn of tokenised music rights to Polkadot
Submitted
18/01/2021 - 9:13am
Utopia Genesis Foundation, an organisation formed to support the development of an open platform for the music industry, will be moving from Ethereum to a Polkadot parathread this year, providing interoperability, consensus, scalability and security to Utopia users.
This expansion will allow Utopia Genesis, which is currently running on a PoA blockchain with Ethereum interoperability, to offer its ecosystem applications with the full economic security of Polkadot s validator set.
The Utopia Genesis Foundation is creating a blockchain-based solution tailored to the music industry that will enable artists, producers, record labels and all stakeholders to operate by providing specific data intended to unlock a wider music ecosystem on the Utopia Open Platform. The Open Platform is an openly accessible, multi-layered and self-serviced portal used to develop application
Utopia Foundation Announces Plans To Bring More Than $1 Billion Worth Of Tokenized Music Rights To Polkadot Date
15/01/2021
Utopia Genesis Foundation, the organization formed to support the development of an open platform for the music industry, today announced it will be moving from Ethereum to a Polkadot parathread this year, providing interoperability, consensus, scalability and security to Utopia users. This expansion will allow Utopia Genesis, which is currently running on a PoA blockchain with Ethereum interoperability, to offer its ecosystem applications with the full economic security of Polkadot s validator set.
The Utopia Genesis Foundation is creating a blockchain-based solution tailored to the music industry that will enable artists, producers, record labels and all stakeholders to operate by providing specific data intended to unlock a wider music ecosystem on the Utopia Open Platform. The Open Platform is an openly accessible, multi-layered and self