Uniglo (GLO) Showing Solid Interest From Dogecoin (DOGE) And Xrp….
You can learn a lot about DeFi projects by looking at who is investing in them. Especially when the project is still just an initial coin offering, such as Uniglo, which launched in October this year. Between now and until GLO tokens hit exchanges, the only way for you to get some tokens is to participate in a private pre-sale. To participate in the pre-sale, you need to send cryptocurrency to the team wallet. These transactions are public records.
Two metaphorical species of large marine mammals that have been pursuing Uniglo include XRP and Dogecoin whales. What did they see in this project?
First, Uniglo is a DeFi DAO, similar to BitDAO (BIT), and the community’s goal is to build a massively diversified portfolio of digital assets. Everyone who holds GLO tokens can vote on the community’s investment activities. Some of the assets that can fill a vault include cryptocurrencies, NFTs, and tokenized assets such as gold, art, antiques, and collectibles that are not available to ordinary individual investors. Being able to simply buy and hold GLO tokens to invest in a diversified portfolio gives Uniglo a real opportunity for mass adoption.
The next box GLO checks is that it is the coveted deflationary token. Any tokens remaining after the pre-sale (if not sold out) will be burned and no new tokens will be minted. On top of that, 2% of GLO’s aftermarket sales were burned. This means that the circulating supply of GLO is constantly falling no matter where the market is heading. Finally, if the price needs a shot in the arm, the community can vote to burn tokens using a portion of the investment profits.
Another benefit for early investors is growing funding. After the platform goes live, 10% of every GLO token sold in the aftermarket will be deposited into the treasury for investment. That’s 5% for the seller and 5% for the buyer. Because both buyers and sellers are contributing to the treasury, deposits continue to grow no matter where the market goes.
The Uniglo pre-sale is divided into three phases – currently in phase two. To encourage people to get in early, some tokens are burned at the end of each round, increasing the price of the next round. Currently, $GLO is priced at $0.013.
To participate in the private pre-sale, visit Uniglo.io website. While you’re there, you can check out the project’s innovation whitepaper and learn more about the team.
The fact that Uniglo makes diversification so easy makes it a great opportunity to be the first DeFi token to see mainstream adoption. Even a small pre-launch investment could quickly balloon into a sizable reserve in the years and decades to come.
Learn more here
Join the pre-sale: https://presale.uniglo.io/register
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily and is not intended to be used as legal, tax, investment or financial advice.