Sure blockchains are great for gaming, monetizing content, and NFTs. However, where their power really shines through is in decentralized financial services (DeFi). This includes lending and borrowing, staking and yield farming, liquidity pooling, and even services like retirement investing and insurance. These are the services that could see mainstream adoption.
Two great examples of DeFi platforms that could lead investors to early retirement are CurveDAO (CRV) and Fantom (FTM). CurveDAO is a crypto investment community and Fantom is a layer-1 blockchain built specifically for faster, cheaper DeFi services. The problem with these investments is that they offer no guarantees. They could result in early retirement or they could implode.
Advertisement
What if you could design a crypto investment that actually benefits from volatility no matter which way the market is headed?
Uniglo (GLO) is an investment DAO that has achieved just that by borrowing a trick from NFTs. A 10% royalty on all aftermarket sales of GLO tokens funds the treasury (5% buyer, 5% seller). These funds go into the treasury never to come out again. That means that the treasury grows bigger and bigger over the years and decades. And the more volatile the markets become, the faster the treasury grows.
The funds in the treasury are used to invest in long-term holdings. These could be cryptocurrencies and NFTs, or they could be tokenized assets such as stocks, gold, real estate, rare collectibles, and more. (It can also include investments in CRV and FTM.) Try putting together a portfolio like that on a stock exchange or a crypto exchange. Many of these assets might not be an option for individual retail investors.
Advertisement
Since Uniglo is a DAO, all holders of GLO tokens get to vote on how the treasury is invested and when to take profits on investments. And if the price needs a boost, they can vote to buy back and burn tokens.
Speaking of burning tokens, 2% of all aftermarket transactions are auto-burned by the smart contract. So just like the treasury is constantly growing, the circulating supply of GLO is constantly falling. And the more volatile the market, the faster the supply falls. So not only is the size of the treasury increasing, but holders’ share of it is also increasing.
Uniglo is currently hosting an initial coin offering on its website. Investors can get in on the private GLO presale for just $0.013. That price is 30% higher than it was a month ago and it will go up again on September 15th, so don’t dawdle. This presale is expected to sell out. However, if it doesn’t, then all unsold tokens will be burned. This could give the price one last boost before GLO goes onto exchanges.
The basic underlying theme of Uniglo is that it makes massively diversified long-term investing not only possible and simple but also anonymous. These factors give Uniglo a real shot at being the first DeFi DAO to see mass adoption. If this happens, then a small investment today could produce life-changing wealth in the coming years and decades.
Advertisement
Learn more here
Join Presale: https://presale.uniglo.io/register
Website: https://uniglo.io
