The innovative encrypted utility coin MUP (Multiple Up Point) will be available for trading on the Klickl exchange on August 1.
MUP strives to become a portable "digital gold coin" for individual users and a "universal tool" for corporate entities. It also adopts a continuous sponsor red envelope incentive mechanism that can be exchanged for vouchers, top-ups, shopping on multiple platforms, or exchanged for other crypto assets.
The total circulation of MUP is 8.1 billion, which means one for every person in the world, reflecting inclusiveness and universal benefits. MUP is launched in a bartering manner and exchanged through blockchain gold (GPT). All 8.1 billion MUPs will be exchanged on the first day of the launch on July 1, 2024.
GOLDPAY LIMITED, one of MUP's third-party partners, has launched an airdrop event to celebrate the launch of MUP on the exchange, and users can participate for free. In addition, its official website has also launched a red envelope event, and participants can log in to the official website to participate and win MUP rewards.
MUP’s design concept and red envelope incentive mechanism
MUP was created by Shangtoshi Smart. Its smart contract is specially designed with a red envelope sending and receiving and active destruction mechanism, which allows MUP holders to freely send and receive red envelopes containing MUP. This mechanism not only increases the liquidity of MUP, but also brings additional economic benefits to holders. With the issuance of red envelopes and the destruction of MUP, the value of MUP is expected to continue to increase.
GP: Digital mapping and value stabilizer of physical gold
GP, or Gold Point, is a cryptocurrency directly linked to physical gold. It provides a channel for digital currency investors to exchange physical gold, and also provides the liquidity and convenience of digital currency for gold holders.
MUP and GP swap mechanism
The exchange mechanism between MUP and GP is the key in the closed business loop. Users can purchase GPT through the Goldpay platform and then exchange it for MUP, enjoying a convenient trading experience. At the same time, MUP can also be exchanged for GP, and then exchanged for gold or other assets. This mechanism not only provides users with flexibility in asset allocation, but also provides solid support for the value of MUP and GP.
MUP has a wide range of application scenarios
MUP has a wide range of application scenarios, including exchanging gifts, purchasing advertising time slots, and using as vouchers for e-commerce platforms. Enterprises and merchants can promote products and services by rewarding MUP, while users can share red envelopes by participating in MUP's red envelope mechanism.
Future Outlook
The combination of MUP and GP is not just a simple addition of digital currency and physical gold. Together, they build a new business closed loop, providing a safe, convenient and reliable asset trading platform for global users. With the continuous popularization and application of MUP and GP, they have the potential to become indispensable digital assets for individuals and enterprises in the near future, injecting new vitality into the development of the global economy.
