There’s a big event happening this fall that will surely affect crypto prices. Some assets will see some shrinkage while others could explode. We’re referring to the Ethereum merge. The price of ETH is expected to wind up as the merge gets closer. However, sales in the weeks following the merge are expected to fall substantially as this becomes old news.
Three of the projects that could benefit from this shift in altcoin resources from ETH are Fantom (an Ethereum competitor), Polygon (and Ethereum layer-2 platform), and Uniglo (an innovative investment DAO).
You’ve surely heard of Fantom (FTM) and Polygon (MATIC). But it’s likely that Uniglo is now a new token on your radar. That’s because the platform hasn’t actually launched yet. Currently in presale, the Uniglo platform is scheduled to launch in mid-October — just in time to rake in a share of all those profits that ETH holders will be taking in the month prior to launch.
So what’s the big deal with Uniglo? Why do we expect investors to ape into this DAO prior to launch? For starters, the tokenomics of this platform greatly favor ICO investors. And you can get in on the private presale at the Uniglo.io website for just over a penny a token. (The price is expected to go up substantially when the token goes onto exchanges.)
Uniglo is an investment DAO. A DAO is an organization that’s run not by shareholders and a board of directors but by the holders of the platform’s native token. In this case, all holders of GLO get a vote in the community’s investment activities.
The goal of Uniglo is to build up a massive digital vault full of all kinds of digital assets. Not just cryptocurrencies, but also NFTs. And not just your familiar variety NFTs but also NFTs that represent real-world assets like gold, fine art, stocks, and real estate. The possibilities are endless.
So basically, GLO makes investing in a diversified basket of assets just about as simple as it can get. Just buy GLO and you own a piece of the treasure. It’s this simplicity that gives Uniglo a shot at mainstream adoption.
Aside from the fact that you can get the token at a discount prior to launch, there are two other reasons you might want to get in before the rest of the world hears about this. For starters, two burn mechanisms, one automatic and one by a vote of the community assure that the token supply is eternally deflationary.
Secondly, every time someone joins or leaves the DAO (buys or sells their GLO), they have to contribute a 5% portion of the sale to the treasury. This means money will continue to flow into the treasury no matter which way the market is headed. This also discourages speculative trading and encourages long-term holding.
So the idea is to get in early and then just sit back and watch both the size of the treasury and your share in it grow. With the potential for mainstream adoption, even a small investment now could turn into a massive nest egg in the coming years and decades.
Learn more here
Join Presale: https://presale.uniglo.io/register
Always conduct proper research when dealing with pre-sales of currencies and tokens. The information above does not constitute investment advice by CryptoMode or its team, nor does it reflect the views of the website or its staff.
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