However… If you had gotten in on either of these investments prior to launch, during their initial coins offerings, you would be way up either way. Many traders who bought the ICO earned life-changing wealth on MATIC and DOT. And long-term investors who bought pre-launch you would have made 10X right out of the gate, plus you’d be up about 2,000% (20X) right now.
So the trick is finding these projects that could see mainstream adoption before they launch. One such project is Uniglo (GLO).
Uniglo is an investment DAO that’s currently in presale mode. The idea of Uniglo is to build a community-owned treasury of assets that is eternally growing. And the tokenomics of GLO assure that the circulating supply is eternally deflationary. These two things combined make this investment a no-brainer for early adopters and long-term investors.
Investments that are being considered include not only crypto and bluechip NFTs but also tokenized assets like gold, real estate, fine art, etc. — things that are out of reach of the average investor. All activities of the DAO, such as what to invest in, when to take profits, and how many tokens to burn are voted on by the community (GLO holders).
All you have to do to own a chunk of the GLO treasure chest is buy and hold the GLO token. The fact that Uniglo makes long-term investing so gosh darned simple gives it a real shot at being the first DeFi token to see mass adoption. If this happens, ICO buyers could create generational wealth for themselves and their families. Even a small bag of GLO today could turn into a nice nest egg by the time you retire.
So what makes the treasury constantly grow in value? When you join the community, 5% of your stack gets raked into the treasury. And when you leave the community (sell GLO) another 5% is donated to the treasury. This means the treasury is always and forever growing in size whether we’re in a bull market or a bear market. In fact, the more volatile the market becomes, the faster the treasury grows.
Also, a dual burn mechanism is constantly reducing the circulating supply of the token. First, 2% of every aftermarket sale is burned automatically. Second, if the price of the token flags, the community can vote to burn tokens to boost the value.
There’s a high likelihood that this ICO will sell out. So if you’re interested you best hop on over to Uniglo.io where you can buy GLO presale at a super-low price of $0.013/GLO. Presale burns will raise the price a couple more times between now and launch.
To find out more about Uniglo visit official website, Twitter (NYSE:TWTR), Discord or Telegram. To find out more about the presale, click here.
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Source: Cryptocurrency - investing.com
