The Universal Token Standard (UTS) – Redefining Omnichain Innovation

Explore a future where tokens operate seamlessly across blockchains. Entangle’s UTS unlocks omnichain deployment, unified liquidity, and the next era of Web3 innovation.

Blockchain technology has democratized token creation, empowering individuals to launch tokens for virtually any purpose on any blockchain. Platforms like pump.fun have made this process even more accessible, enabling the creation of over 5.1 million tokens and providing a simple entry point into the crypto ecosystem.

While this revolution of token creation accessibility has fostered creativity and innovation in Web3, it’s also revealed significant limitations — most created tokens are confined to a single chain, leading to fragmented liquidity, reduced scalability, and limited functionality

What if we could go beyond just launching a token, though? What if you could deploy any token seamlessly across multiple blockchains from the very start? The core axioms of blockchain technology focus on peer-to-peer value transfer — if we can’t transfer value to peers regardless of chain, then we’re not fully realizing the promise of decentralization. Blockchain ecosystems should empower tokens to transcend the boundaries of individual chains, enabling true interoperability, unified liquidity, and cross-chain functionality.

This is the problem that Entangle’s Universal Token Standard (UTS) solves, unlocking token potential and setting a new benchmark for omnichain token deployment.

Blockchain ecosystems are often fragmented, limiting the scalability, liquidity, and utility of tokens. UTS eliminates these barriers with seamless omnichain token functionality. Today we explore the transformative potential of UTS for token creators, builders, and communities, and its role in shaping the future of Web3.

The Capabilities of UTS

Omnichain Token Deployment

UTS empowers creators to launch tokens that natively operate across multiple blockchains. Unlike traditional solutions that rely on bridges or token wrapping, UTS tokens maintain consistent functionality, governance, and liquidity across all supported chains.

Customisation and Scalability

Every token launched with UTS is fully customizable to meet project-specific needs. From supply distribution to chain-specific token logic, creators can tailor every aspect of their token’s operation. The framework’s scalability ensures that projects can evolve alongside the rapidly changing Web3 landscape.

Key Advantages of UTS

Simplified Launch Process

Entangle’s UTS makes omnichain token creation simple even to those with no coding expertise. Using the Entangle Explorer Hub, creators can launch a token in under five minutes.

Enhanced Liquidity and Reach

UTS ensures that tokens achieve unified liquidity across chains, reducing fragmentation and enabling creators to tap into broader communities.

Cost and Efficiency Gains

By eliminating the complexities and vulnerabilities associated with traditional bridging solutions, UTS reduces costs and enhances efficiency.

Future-Proofing

UTS’s design is compatible with all virtual machines and adaptable to emerging blockchain standards, ensuring its relevance in an ever-evolving Web3 ecosystem.

Use Cases

Memecoins

Memecoins thrive on virality and scalability. UTS allows creators to launch tokens that operate seamlessly across multiple chains, amplifying their reach and potential for adoption.

Omnichain DAOs

Decentralised Autonomous Organisations (DAOs) can leverage UTS to unify governance and resource management across multiple blockchains, enabling a more inclusive and interconnected approach to decision-making.

Watch out for…

• NFT Collections: Deploying NFTs omnichain enhances ownership and utility, supporting IP monetisation and expanded functionality.
• Cross-Chain Gaming: Build gaming ecosystems where players can interact and trade assets across multiple chains.
• AI Integration: Use UTS to deploy AI agents capable of interacting with data and assets across diverse blockchain networks.
• Real-World Assets: Facilitate the tokenisation of physical assets, enabling novel use cases in asset management, and leverage automated systems across multiple chains.

How UTS Works

Deployment Process

Launching a token using UTS is straightforward:

1. Navigate to the Entangle Explorer Hub and select "UTS."
2. Connect your wallet and select "Launch New Omni-Token."
3. Enter token details, choose a mechanism (Lock & Unlock or Burn & Mint), set decimals, and distribute supply across chains.
4. Preview and confirm setup, then deploy the token on two or more chains.
5. Monitor the deployment’s progress and access contract addresses for each chain.

Mechanisms: Lock & Unlock vs Burn & Mint

• Lock & Unlock: This mechanism ensures consistent liquidity across blockchains by locking tokens on the source chain and unlocking the equivalent amount on the destination chain. It is particularly effective for maintaining balance and reducing the need for token replication. This method is commonly used in cross-chain bridges, as it attracts liquidity on both sides of the bridge through economic incentives like revenue sharing. Projects using this mechanism benefit from robust liquidity management and reduced risks of token oversupply.
• Burn & Mint: This mechanism provides greater flexibility in token distribution by burning tokens on the source chain and minting an equivalent amount on the destination chain. It is favoured by projects that require adaptive tokenomics or wish to expand rapidly across multiple chains. Creating new tokens only as needed ensures efficient token management while supporting scalability and dynamic supply adjustments.

Customization Features

Creators can specify supply distribution, token decimals, and other chain-specific parameters to suit their project’s needs. This includes the ability to deploy different token supplies across chains, giving greater control over liquidity and distribution. Additionally, creators can define advanced tokenomics, like chain-specific transaction fees or staking mechanisms, which allows projects to cater to unique user bases and operational requirements on various blockchains.

Why UTS Matters for Builders and the Ecosystem

For Builders

UTS removes barriers to innovation, empowering developers to launch projects with minimal effort and maximum impact. By providing a unified framework for omnichain functionality, it simplifies the development process while maintaining high levels of customization. Developers can easily adapt UTS to suit their unique requirements, including DeFi platforms, gaming ecosystems, and beyond. The result is a seamless integration of blockchain innovations that accelerates project deployment and reduces time-to-market.

For the Ecosystem

UTS unlocks scalability and accessibility of tokens, creating new opportunities for liquidity and participation. By fostering a unified and user-friendly framework, UTS drives the mass adoption of Web3 technologies, creating a more interconnected blockchain ecosystem. By fostering a unified and user-friendly framework, UTS drives the mass adoption of Web3 technologies, creating a more interconnected blockchain ecosystem.

Conclusion

Blockchain fragmentation has long been a barrier to innovation. The Universal Token Standard by Entangle addresses this challenge head-on, enabling seamless omnichain token deployment with unparalleled ease, customisation, and scalability. Whether you’re creating a meme coin, a DAO builder, or an NFT innovator, UTS offers the tools to bring your vision to life across multiple chains.

What if you could launch on more than one chain? With UTS, that future is here. Explore the possibilities and unlock the potential of a truly connected Web3 ecosystem.