The crypto industry’s first “mega utility token,” UPT is the native token of the Universal Protocol Alliance, a coalition of leading blockchain companies that together form a foundational architecture for bringing digital money into the mainstream. 

UPT first made its debut in November of 2019 on Bitcoin.com Exchange and then later more broadly expanded liquidity venues. UP Alliance members, including Blockchain at Berkeley, CertiK, OmiseGO, and Uphold, help power an ecosystem comprising more than 10 million users (regular consumers and blockchain industry members alike) who tap into, or stake, via the mega utility token, benefits which can include anything from getting ultra-competitive rates for cash-back offers to discounts on trading costs. Another upside, for ecosystem-dwelling developers: reduced code auditing fees.

Consumers can use the token to make transactions with UP Alliance's Ethereum-blockchain-supported proxy tokens – the Universal Dollar (UPUSD) and the Universal Euro (UPEUR) – as well as Universal Bitcoin (UPBTC), allowing multi-way convertibility and a more secure to own/shift among underlying currencies.

What is the price of UPT? 

Since hitting a low of $0.00065086 in April 2020, UPT has since risen by nearly 700%; however, at $0.0052 (as of mid-October of 2020) it is down 72% from its all-time high reached in February 2020. At least one digital asset forecaster, Digital Coin Price, puts UPT at $0.0125 by 2021. Uniswap (v2) is the current most active market trading it.