Uniglo (GLO) Price Action Surpasses Cosmos (ATOM) And Sandbox (SAND) Gains Despite Being In ICO Phase

Check out Uniglo (GLO). This decentralized platform for long-term investing is on a mission to build a community of likeminded folks who want to invest wisely for the long haul and not just gamble on this nascent and unpredictable crypto market.?

Spotlight Desk

Updated on: 27 September 2022 5:28 am

Uniglo (GLO)

Crypto is currently in a consolidation phase. At times like this, some popular cryptocurrencies are going up, some are doing down, and some are just being boring. For example, while Cosmos (ATOM) has seen a nice 30% gain in the past few weeks, Sandbox (SAND) price is currently down by about a third. In a bull market everyone’s a genius and in a bear market, it’s easy to just sit out. But in markets like this, pretty much everything is a gamble. Maybe it’s time to get in on a token that’s guaranteed to go up over the next month.

Everyone who holds the GLO token not only owns a share of the Uniglo treasury, but they also get to propose and vote on which assets to invest in, when to take profits, and when it makes sense to buy back and burn tokens.?

As you can see by the title of this article, GLO tokens are currently available through a private ICO (initial coin offering). The ICO is broken into three rounds. At the end of each round, depending on how many tokens are left, the price goes up. First round investors have already made a 30% gain on their investment. The next round ends any day now, and, due to high demand, the price is expected to rise again. If there are any unsold tokens when the ICO ends, they will be burned. No more GLO tokens will ever be minted. This assures a fair launch and deflationary supply.?

The tokenomics of GLO are an ICO invesor’s dream. Once the platform launches and GLO goes onto exchanges, every aftermarket sale incurs a 10% royalty — 5% paid by the buyer and 5% by the seller. These funds are funneled into a common treasury. Under this scheme, the treasury is always growing, no matter which way the market is headed. The more volatile the market becomes, the faster the treasury grows. Plus another 2% of aftermarket transactions is burned so the circulating supply is eternally shrinking.

The treasury will be invested into a diversified basket of long-term holdings which could include anything that’s tokenizable including crypto, NFTs, and real-world assets like gold and real estate.?

You can get in on the GLO ICO for the low price of $0.013. Depending on how many tokens are burned between now and then you could potentially flip your investment for a profit as soon as it goes onto exchanges. However, a better play here is to put some money into the ICO and then forget about it for the next decade. Sit back and watch everyone else donate to the treasury. Even a small initial investment today could turn into a gamechanger for your retirement.?
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Join Presale: https://presale.uniglo.io/register?
Website: https://uniglo.io