Fresh Project Uniglo (GLO) Is Attracting Attention from Tron (TRX) And Cronos (CRO) Whales

The post Fresh Project Uniglo (GLO) Is Attracting Attention from Tron (TRX) And Cronos (CRO) Whales appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Uniglo DAO is an innovative investment platform that’s on a mission to build a massive treasure chest of digital assets including cryptocurrencies, high-value NFTs, and tokenized real-world assets like gold and securities, plus assets that most people don’t have access to like high-dollar art, collectibles, rarities, and antiquities. All members of the DAO have to do to own a piece of the treasure and have a say in how it’s handled is to buy and hold the GLO token. 

The project is attracting some big names including TRX and CRO whales. What’s the attraction? Uniglo is currently in ICO mode. And as any serious crypto investor will tell you, the very best time to buy any cryptocurrency is prior to becoming publicly available. GLO tokenomics are especially favorable to ICO investors as the token is eternally deflationary and the vault of assets is eternally growing.

Here’s how it works. When investors buy GLO tokens (aftermarket) 5% of their stack gets raked into the treasury never to come out again. The same is true when selling GLO. Doing so requires leaving 5% behind to add to the treasury. What this means is that the treasury will be growing in size no matter which way the market is headed. And the more volatile the market becomes, the faster the treasury grows. 

On top of that, there are two burn mechanisms that are constantly reducing the circulating supply. First, 2% of all aftermarket sales of GLO is burned automatically. Second, the community can vote to take profits on investments and use some or all of the funds to burn even more tokens. This comes in handy when the price starts flagging. 

These are benefits you don’t get if you invest in single assets such as TRX and CRO — both of which, of course, could be included in the GLO vault. Also, investing piecemeal is a sure-fire way to underperform the market, whereas a DAO takes advantage of swarm intelligence which almost always outperforms individual investors.

The fact that Uniglo makes diversified investing so very simple gives this new and innovative DeFi platform a really good shot at being the first to see mass adoption. If it does, then even a small investment in the ICO could produce life-changing gains for your retirement. 

The presale ends and the platform launches in mid-October. You can check out the project’s whitepaper and get involved in the presale at Uniglo.io. There will be two token burns between now and then that will raise the price of GLO, which now stands at $0.013. So the earlier the better. 

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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