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Uniglo (GLO) Backed Token System Not Unlike Maker (MKR) Or LidoDAO (LDO) Set To...

 2 years ago
source link: https://cryptomode.com/uniglo-glo-backed-token-system-not-unlike-maker-mkr-or-lidodao-ldo-set-to-generate-huge-profits-for-investors/
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Uniglo (GLO) Backed Token System Not Unlike Maker (MKR) Or LidoDAO (LDO) Set To Generate Huge Profits For Investors

August 31, 2022
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If you’re looking around for crypto investment ideas, may we recommend that you consider buying into a project before it even launches? For any successful project, it’s the people who get in prior to launch at a discounted price who make the most money. Two great examples are Maker (MKR) and LidoDAO. Early investors in these projects are bound to see huge profits in the coming years.

One such project that’s scheduled to launch in mid-October is Uniglo (GLO). Uniglo is a DAO the purpose of which is to create a community of investors and build up a massive treasure chest of digital assets including cryptocurrencies, high-value NFTs, fine art, and anything else that can be tokenized. We’re talking about building a dream portfolio. Instead of it taking a ton of research and management time all you have to do is get in on the GLO ICO. Then you can just sit back and watch the profits pile up.

What makes us so confident that this project will produce profits for ICO investors? It’s actually built right into the tokenomics. Not only is the token supply eternally deflationary, but the treasury is also eternally inflationary.

The trick to keeping the treasury constantly growing and the supply constantly shrinking is borrowed from NFTs. That is a royalty that gets charged when you buy or sell GLO tokens. When you buy (post-launch) you add 5% of your stack to the treasury. And when you sell you do the same. So bull or bear, no matter. Money goes in and never comes out.

Also, 2% of all aftermarket sales of GLO tokens is burned. Again, half comes from buyers and half comes from sellers. Thus, for holders, your share of the treasury is constantly growing. On top of that, the community can vote to use profits from investments to buy back and burn GLO tokens if the price needs a boost. 

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Getting in on the presale not only gets you GLO at a discounted price prior to the token going onto exchanges, but it also saves you from having to pay the buyer royalties. Between the discount, the constant flow of money into the treasury, and your constantly growing portion of it, it would take a total flop for ICO buyers to not see some nice profits over time. But given that Uniglo makes diversified investing so easy — just buy and hold GLO — this DeFi DAO is actually more likely than most other types of crypto projects to see mass adoption in the coming years.

You have a couple more weeks before round two of the presale ends and the price of GLO goes up. If you’re game, hop on over to the Uniglo.io website where you can check out the whitepaper, meet the team, and join their Discord, Twitter, or Telegram communities to keep up on this fascinating new DeFi DAO.  

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


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. 

CryptoMode produces high quality content for cryptocurrency companies. We have provided brand exposure for dozens of companies to date, and you can be one of them. All of our clients appreciate our value/pricing ratio. Contact us if you have any questions: [email protected] None of the information on this website is investment or financial advice. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. No reviews should be taken at face value, always conduct your research before making financial commitments.


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