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About EUPHORIA Token [EUP]

EUPHORIA Token, intertwining London's vibrant art scene with a homage to mediaeval patronage, is a unique cryptocurrency that currently holds no intrinsic value, but symbolises a slow, experimental journey into redefining art appreciation. Reflecting the coin exchanges of ancient bards and art societies, it represents more than a transaction – it's a gesture of support and a commitment to artistic heritage. Enabling artists to focus on creativity by financialising the mere exchange of euphoria across bodies of culture and building the investment on technological research and social sciences, it marks a new chapter in the world of art patronage and community engagement in the digital age.

Currently a number of events utilising EUPHORIA Tokens, from small gatherings around shitty Bluetooth speakers at a park to squat raves to Mediaeval EDM festivals is in the planning. If you’re a promoter, venue worker or artist interested in collaborating please get in touch.

Technically it utilises a two layer system;
Layer 1: EUP, main token built on the ERC-20 protocol.
Layer 2: EUPH, a holographic token built on Polygon.

Begin using EUPH Tokens by acquiring holographic tokens here:
https://opensea.io/ecolagbohrsac2021

Or consider purchasing EUP below to support the project further.

For detailed information on the distinctions between token types and the system's architecture, consult the FAQ section below or the comprehensive Whitepaper provided.

Starting time :

17 days after 2023 a.k.a the year of EUPHORIA

Ending time :

wHEN distributed most of the pieces of the incantation

Tokens exchange rate

1 EUPHORIA = 0.001 ETH

NaN%
EUP EUP EUPHORIA RaisedECSTASY-Cap
Buy EUPHORIA Tokens
Next EUPHORIA :

May 2024

Total tokens sale

TBC NaN%

Acceptable Currency :

WE ACCEPT ETH AND PROVIDE EUPHORIA

Frequently asked questions [FAQ]

Below you can find possible questions one might have, if you'd like to read more please check out the Whitepaper or get in touch.

EUPHORIA Token [EUP] is a cryptocurrency/digital coin built with the ERC20 protocol on Ethereum. Issued by ecolagbohrsac2021 with a total supply of 1,000,000, it’s purpose is to be traded within the context of art across artists, venues, curators/promoters and audience. Imagine a funfair where you’d go and purchase tokens for rides, then apply the idea to the entire London and a complex network of arts and culture where the mere feeling of euphoria is tokenized/traded.
ERC20 is a popular standard used for creating tokens on the Ethereum blockchain. Think of it as a set of rules that these tokens follow, ensuring they work smoothly within the Ethereum ecosystem. ERC20 tokens are like digital coins and can be used for a variety of purposes, including payments, voting rights in projects, and representing ownership of assets. Their standardisation allows them to be easily exchanged and integrated with a wide range of applications, such as cryptocurrency wallets and exchanges.
To understand the purpose of EUPH let’s think of an allegory where someone in the audience wants to offer a gestural payment of 2 EUP to the artist – think of this as an act akin to throwing a coin to a bard. Given the gas fees of transactions on the main Ethereum network, this defeats the purpose as the transaction alone would cost approximately £10; to donate £5 you spend £10 on top so we need a solution to this. Ethereum's Layer 1 [L1] is the base protocol of the Ethereum blockchain, the foundational layer where all transactions and smart contracts are processed and recorded. It's known for its security and decentralisation but faces challenges with scalability, leading to high gas fees and slower transaction times during periods of high demand as aforementioned. To address these challenges, Layer 2 [L2] solutions, such as Polygon, have been developed. L2s operate on top of the Ethereum mainnet [L1] and are designed to increase transaction capacity and speed while reducing costs. They achieve this by handling transactions off the main Ethereum chain and then batching and settling them on the L1. Polygon, for example, uses a technology called sidechains, which are parallel blockchains that connect to the main Ethereum chain, to offload the transactional burden from L1, thereby enhancing scalability and efficiency without compromising on security. This approach allows for faster and more affordable transactions, making Ethereum more accessible for users and developers alike.

So essentially;
Layer 1: EUP, The main token built on the ERC-20 protocol.
Layer 2: EUPH, The holographic token built on Polygon.

The reason why the both exist is that, even though at the time I acknowledge the overkill of extra technicality, lesser applicability and complexity, sadly Polygon often does not yield the same value as the Layer 1 Ethereum tokens and applications.
An ICO, or Initial Coin Offering, is a fundraising method used by new cryptocurrency projects. Think of it as a crypto version of crowdfunding. During an ICO, the project team/artist sells digital tokens to supporters to raise capital for their project. These tokens often grant holders certain benefits, like access to the project's service or a share in future profits. ICOs are popular among startups looking to fund innovative ideas in the blockchain and crypto space.

To purchase EUPHORIA Tokens, you'll need a cryptocurrency wallet that supports Ethereum, as our tokens are based on the Ethereum blockchain. First, ensure your wallet has enough Ether (ETH), the native cryptocurrency of Ethereum, to cover the cost of EUPHORIA Tokens and the transaction fees, commonly known as gas fees. You can buy EUPHORIA Tokens through our platform or participating exchanges. Keep in mind that due to these gas fees, it's often more cost-effective to purchase tokens in larger quantities at a time. This approach can help minimise the impact of transaction fees on your overall purchase.

When you’re ready, please use the banner above and if you have any questions please get in touch.
The EUPHORIA project introduces two distinct tokens, EUP and EUPH, each with its own treasury and operational framework. The foundational principle binding these two is the intrinsic link between the gestural or real value of EUPH and EUP. This linkage enables token holders to exchange EUPH for EUP at any time, with the minimum transaction set at a one-to-one ratio (100 EUPH to 100 EUP, and vice versa).

Drawing an analogy from historical monetary systems, consider the relationship between EUP and EUPH similar to the Gold Standard, where EUP tokens, residing on the Ethereum main-net (L1), represent the gold, and EUPH tokens, based on the Polygon network, mirror the role of paper money. Under the Gold Standard, the value of currency was directly pegged to a specific amount of gold, ensuring stability and trust in the monetary value. Similarly, in our ecosystem, EUP serves as the stable backbone—akin to gold—while EUPH offers more fluid, transactional capabilities—like paper money.

Both EUP and EUPH are obtainable through sales, allowing supporters to purchase them in any desired amount. Opting for EUP might entail higher transaction costs due to its operation on the main-net, thus favouring larger acquisitions for governance or significant transactions. On the other hand, EUPH is designed for more frequent, day-to-day transactions such as purchasing event tickets, donating to artists, or buying merchandise.

The EUPHORIA team, as the issuer of both tokens, envisions a diverse expenditure model for each. EUPH can be earned through contributions to event organisation, attendance, and other community engagements, promoting active participation within the EUPHORIA ecosystem.

Significantly, EUP—our 'gold'—is primarily utilised for major financial transactions, including paying artist fees from the main treasury. Token holders have the flexibility to exchange their EUPH back to EUP, symbolising a return from the utility of 'paper money' to the foundational value of 'gold.' This system not only ensures liquidity and versatility in token use but also reinforces the interconnected value and utility of EUP and EUPH within the EUPHORIA ecosystem.
A whitepaper is an authoritative report or guide that informs readers concisely about a complex issue and presents the issuing body's philosophy on the matter. It is meant to help readers understand an issue, solve a problem, or make a decision. In the context of cryptocurrencies and blockchain projects, a whitepaper typically outlines the technical details of the project, its purpose, the problems it aims to solve, the technology it employs, and its business model. It serves as a foundational document that provides detailed information about the project for potential supporters, users, and other stakeholders.

In the case of the EUPHORIA Token, is a comprehensive document that presents detailed information about the EUPHORIA project. It outlines the concept, purpose, and technology behind the EUPHORIA Token, including its role in the arts and music community. This whitepaper lays out the tokenomics, the distribution and use of tokens, the governance structure, security measures, and the vision for how EUPHORIA will interact with and benefit artists, curators, venues, and audiences. It serves as a key resource for potential supporters, users, and participants to understand the objectives, strategies, and operational mechanisms of the EUPHORIA Token.
The purpose of the EUPHORIA Token [EUP] is to revolutionise the arts and music landscape by nurturing a vibrant community where the creativity of artists and the appreciation of enthusiasts and curators are seamlessly connected. EUP transcends traditional financial transactions, fostering not just artistic collaborations but also democratising the way art is valued and supported. More than a mere digitization of assets, EUPHORIA token is a subversive tool that challenges the superficiality often associated with tokenization. It prioritises human connections and community empowerment, blending the digital and physical realms of art and social engagement, ensuring that these experiences remain deeply rooted in communal and human values.
The EUPHORIA project introduces two distinct tokens, EUP and EUPH, each with its own treasury and operational framework. The foundational principle binding these two is the intrinsic link between the gestural or real value of EUPH and EUP. This linkage enables token holders to exchange EUPH for EUP at any time, with the minimum transaction set at a one-to-one ratio (100 EUPH to 100 EUP, and vice versa).

Drawing an analogy from historical monetary systems, consider the relationship between EUP and EUPH similar to the Gold Standard, where EUP tokens, residing on the Ethereum main-net (L1), represent the gold, and EUPH tokens, based on the Polygon network, mirror the role of paper money. Under the Gold Standard, the value of currency was directly pegged to a specific amount of gold, ensuring stability and trust in the monetary value. Similarly, in our ecosystem, EUP serves as the stable backbone—akin to gold—while EUPH offers more fluid, transactional capabilities—like paper money.

Both EUP and EUPH are obtainable through sales, allowing supporters to purchase them in any desired amount. Opting for EUP might entail higher transaction costs due to its operation on the main-net, thus favouring larger acquisitions for governance or significant transactions. On the other hand, EUPH is designed for more frequent, day-to-day transactions such as purchasing event tickets, donating to artists, or buying merchandise.

The EUPHORIA team, as the issuer of both tokens, envisions a diverse expenditure model for each. EUPH can be earned through contributions to event organisation, attendance, and other community engagements, promoting active participation within the EUPHORIA ecosystem.

Significantly, EUP—our 'gold'—is primarily utilised for major financial transactions, including paying artist fees from the main treasury. Token holders have the flexibility to exchange their EUPH back to EUP, symbolising a return from the utility of 'paper money' to the foundational value of 'gold.' This system not only ensures liquidity and versatility in token use but also reinforces the interconnected value and utility of EUP and EUPH within the EUPHORIA ecosystem.

You can purchase EUPH at https://opensea.io/ecolagbohrsac2021
The purpose of the EUPHORIA ICO is to generate crucial capital to fuel our vision of transforming it into London's leading art token. This fundraising is essential for covering initial research costs, financing the first series of events, commissioning curators, and securing venue partnerships. By participating in this ICO, early supporters play a pivotal role in building both cultural and financial value around EUPHORIA. In recognition of their support, these supporters will receive significant rewards, including a constant return on their investment and exclusive NFT gifts, as a token of our appreciation for their faith in our groundbreaking project.
By acquiring EUP tokens at this stage, you will receive a number of tickets to upcoming events and an exclusive piece of artwork as a reward. Presently, we are encouraging the broader distribution of these coins to promote sharing, immediate trading, and ongoing circulation. However, 30% of the allocation is exclusively reserved for supporters and individuals not actively involved in the art sector. We are confident that the idea of a common art-token in London has substantial promise, both in terms of functionality and fostering a balanced capital flow. By investing, you're supporting a project with immense potential, spearheaded by a leading figure in software programming, curation, and art.
At this juncture, the system's design and initial operational framework have been crafted and implemented by Atay Ilgun/ecolagbohrsac2021. However, the true task now lies in refining and developing the system. Our goal is to evolve it into a model that perpetually benefits the arts sector and the various individuals and collectives involved. This system aims to ensure fair profits while fostering a space for more creative events, where human connection and a strong sense of reality are paramount.
The initial capital raised from the EUPHORIA token offering will be strategically invested in organising and supporting a variety of art and music events across London and potentially in the EU. Our primary focus will be on ensuring fair and well-paid opportunities for artists, commissioned curators, venues, and technicians. This investment aims not only to enrich the cultural landscape but also to provide substantial support to the individuals and entities that are fundamental to the success of these events. By prioritising fair compensation and support, EUPHORIA is committed to fostering a thriving and sustainable arts community.
The work on EUPHORIA's future governance will commence from the day the token is minted. Our plan involves reaching out to a diverse range of stakeholders, including experts in tokenomics, potential collaborators, supporters, DAOs, and participants in relevant conferences. This collaborative effort will be geared towards developing a governance model that transcends the current system-design, positioning EUPHORIA more on the side of a social token and less of an artist token, whereas now it appears a hybrid. By engaging with various experts and community members, we aim to craft a governance structure that is inclusive, equitable, and reflects the evolving needs of our community and the broader arts ecosystem.
Yes, transactions and expenditures involving the EUPHORIA token will be inherently transparent, leveraging the innate public nature of blockchain technology. While blockchain ensures a degree of anonymity for individual users, it also provides a transparent ledger of all transactions. To enhance this transparency, we are committed to publishing detailed reports and summaries of EUPHORIA's transactions and expenditures. These will be made available through platforms like OpenCollective, ensuring that our community is well-informed and can track the token's usage and impact within the arts and music ecosystem.
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The everyday use of EUPHORIA Tokens will vary depending on the event and may evolve through experimentation and observation. Each event might present different opportunities for utilising the tokens, ranging from accessing exclusive content to facilitating transactions within the art community. We have outlined multiple potential scenarios and ideas for the token's usage in our whitepaper, reflecting its adaptable nature. As the project progresses, we anticipate discovering new and innovative ways to integrate EUPHORIA Tokens into the daily experiences of the arts sector.
EUPHORIA tokens may indeed grant access to certain special events or venues, depending on the design and requirements of each specific event. However, our core philosophy prioritises accessibility and inclusivity in the arts. Therefore, the instances where EUPHORIA tokens are used as a prerequisite for entry will be kept to a minimum, ensuring that these cultural experiences remain open and accessible to a broader audience.
Artists can benefit from EUPHORIA tokens in several ways. Initially, the primary advantage lies in the additional financial support provided for events they participate in. Artists will receive EUPHORIA Tokens in conjunction with standard fiat currency payments, offering an extra layer of compensation. In the long term, as the EUPHORIA project matures and succeeds, these tokens could represent more significant financial security for artists. This dual model of payment aims to not only support artists immediately but also contribute to their sustained financial stability and growth in the arts sector.
On this page, we are in the process of adding every event and the system-design/integration of the token. [for example: Tickets to these event are payable only with EUP / All the artists will be paid via EUP from the main treasury]
Certainly. 20% of its total supply (200,000 tokens) are reserved for community building and 15% (150,000 tokens) are for Artist and Venue Fund. So, please feel free to reach out with a proposal mentioning how you’d like to utilise the EUPHORIA Tokens within your ecosystem. We’d also be happy to discuss/advise on what the options, areas of the test could be. We are very inspired to see what use cases people will come up with.
EUPHORIA tokens are more than just a financial instrument; they embody a cultural shift towards recognizing and valuing the arts in a new, dynamic way. By facilitating direct support and engagement between artists and audiences, they foster a sense of community and shared investment in the arts. The tokens symbolise a modern-day renaissance of artistic appreciation, enabling a decentralised, inclusive platform where every participant contributes to and benefits from the cultural ecosystem. This approach not only empowers artists but also enriches the cultural landscape, encouraging diversity and innovation in the arts.
While fiat currency is a traditional and widely accepted means of transaction, the use of EUPHORIA tokens in our project embraces the novel promises of cryptocurrency. Cryptocurrencies offer a poetic vision of the future, where digital assets represent more than mere financial value; they symbolise gestures, community engagement, and artistic appreciation. The EUPHORIA token, though it may seem like digital 'trash' with no intrinsic worth, holds a deeper significance in its ability to unite technology with art. Moreover, raising capital through this promising technology enables us to bypass some limitations of conventional systems, offering a more innovative, inclusive, and forward-thinking approach to supporting the arts.
That all of the 30% will sell-out eventually and meanwhile provide the funds for a series of events throughout the years. The token will first be utilised and accepted as one of the leading art-tokens in London, traded and favoured both in gesture and financial value across all the workers and contributors of cultural sectors.
EUPHORIA Token operates within the legal framework of digital currencies and adheres to relevant regulations. However, the legal status of cryptocurrency can vary significantly by country and is subject to change as legislation evolves. We strive to comply with all applicable laws and regulations in jurisdictions where the token is available. Users are advised to familiarise themselves with the local laws in their region regarding cryptocurrency use. As the regulatory environment for digital assets continues to develop, we remain committed to legal compliance and the highest standards of transparency and accountability.
Under UK law, the tax implications for transactions involving the EUPHORIA Token would generally depend on the nature and context of the transactions. If you're using or trading EUPHORIA Tokens as an investment, any profits might be subject to Capital Gains Tax. If you're receiving tokens as payment for services or goods, this could be considered taxable income and might fall under Income Tax regulations. It's important to maintain detailed records of all transactions involving EUPHORIA Tokens. For specific tax advice tailored to your circumstances, it is recommended to consult with a tax professional or financial advisor knowledgeable in cryptocurrency taxation in the UK.
No. At least not yet as there is no liquidity pool for it. However, given the decentralised nature of cryptocurrencies it’s not within the power of its minter to avoid the creation of one. So, hypothetically speaking, one day you might be able to trade it for fiat currencies such as GBP, USD and EUR.

In fact, creating a real-life value for it is the main goal since it’ll enable a direct bridge between the cap of EUPHORIA –-both literally and poetically– and funding, therefore enabling further art, events and research capabilities.

And no, they intrinsically are digital trash. EUPHORIA Tokens are not intended as a financial investment. Their value may fluctuate, and they can be traded, but their core purpose is to augment financial transactions and gestures within the network of art. These tokens serve as a means to engage more deeply with our digital ecosystem, rather than as an investment tool. While there's potential for their market value to vary, EUPHORIA Tokens are designed to enhance the user experience and contribute to the vibrancy of future artistic communities.
Yes, EUP tokens can be used to purchase art, music, and tickets for cultural events.
EUP tokens are unique because they are specifically tailored for the art and music industry, supporting artists, curators, and venues through blockchain technology.

No, there is no end goal or a point where it’ll fully realise its destiny/purpose. The first day a fraction of the capital raised for future events or someone from the audience will –allegorically– throw a token of appreciation it will be complete.
Of course! Please join our Discord server using the invite link available on the footer, or email the creator of EUP at ecolagbohrsac2021@gmail.com.
Verily, the possession of EUPHORIA tokens is akin to holding a treasure most rare, a source of joy and merriment for those within the realm of art and melody. These tokens, more than mere metal or parchment, are like alchemical gold, turning one's artistic passions and appreciations into tangible support. Aye, to hold EUPHORIA is to hold a piece of the future, a future where art and music flourish like the finest gardens of Eden. So yes, good sirs and madams, to possess EUPHORIA tokens is indeed to feel a touch of EUPHORIA itself!