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What a long, strange trip it's been for Bitcoin (BTC) and Ethereum (ETH). After a miserable start to the year, it seemed like things were turning around. However, as with every crypto bear market before it, it takes several quarters for a bear market to work itself out. This means the price could be bouncing sideways for many months to come. Meanwhile, this is a good time to look at some new projects before the next bull run kicks off because as we all know, it's the ICO investors that make the most in crypto.
One project that's currently running an initial coin offering is called Uniglo (GLO). While BTC and ETH are floundering, GLO has already gained 30% and the project hasn't even launched yet. Now sitting at $0.013, GLO price will go up again on Sept. 15th (just a few days from now). After that, all unsold tokens will be burned prior to launch on Oct. 15th which could again result in a major price increase just before the token goes onto exchanges.
Uniglo is an investment DAO (decentralized autonomous organization). As a DAO Uniglo is completely run by holders of the GLO token who get to vote on all investment activities. The purpose of Uniglo is to build up a massive and diverse treasure trove of digital assets. In addition to crypto and NFTS, anything that can be tokenized is fair game. This includes commodities like gold, real estate, stocks, rarities, and other assets that individual investors normally don't have access to.
As you can guess, Uniglo is focused specifically on long-term investing. Early adopters stand to see exponential gains as this innovative smart contract does its thing.
Borrowing a trick from NFTs, all aftermarket sales and purchases of GLO incur a 5% royalty. These funds go into a treasury never to come out again. This means that the treasury is growing no matter which way the market is headed. And, amazingly, the more volatile the market gets, the faster the treasury grows.
On top of that, another 2% of all GLO transactions are burned automatically by the smart contract. Once again, the more volatile the market, the faster the circulating supply of GLO falls and the faster your portion of the treasure grows. The community can also vote to use profits from investments to buy back and burn tokens if the price could use a boost.
The important thing to note about Uniglo is that it makes massively diversified investing both super easy and anonymous. There's no KYC. All you have to do is hold GLO in a wallet, stick it in a safe, and come back when you're ready to retire.
The fact that Unigl makes diversified investing so simply gives Uniglo a sure shot at being the first DeFi platform to see mass adoption. Visit Uniglo.io to get in on this very promising DeFi platform while it's still in ICO mode. Not only will you see gains right out of the gate, but you'll also avoid paying aftermarket royalties.
Learn more here
Join Presale: https://presale.uniglo.io/register
Website: https://uniglo.io
Telegram: https://t.me/GloFoundation
Discord: https://discord.gg/a38KRnjQvW
Twitter: https://twitter.com/GloFoundation1
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be risky, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.
