Uniglo (GLO) — Diversified investing made easy
Uniglo (GLO) is currently in ICO mode. And as we all know, the best time to get in on a DeFi token is prior to the platform’s launch. Today you can get in on this innovative investment DAO for a mere $0.013 per GLO.
Uniglo’s mission is to build up a massive vault full of digital assets like crypto, NFTs, and tokenized real-world assets (gold, art, rarities, etc.) Everyone who holds GLO gets to vote on how the community treasury is invested. The most interesting thing about Uniglo is the fact that this treasury-backed token enjoys an eternally growing treasury and an eternally shrinking circulating supply of GLO tokens. You’ll have to read the whitepaper to learn how they accomplish this trick.
There’s only one more round in the presale after this one which ends on Sept. 15 (if the round’s allotment hasn’t sold out already). At that point, the price goes up. Also, any unsold tokens at the end of round three on Oct. 15 will be burned.
The fact that Uniglo makes diversified investing so simple means that this could be the first DeFi platform to gain mainstream acceptance. Even a small investment now could turn into a million dollars in the coming years and decades.
Ethereum Classic (ETH) — Proof-of-work remains
Ethereum Classic h(ETC) has been on a tear as we get closer to the Ethereum (ETH) merge. This is probably because while ETH is soon to be changing over to a proof-of-stake mining protocol, ETC will remain a proof-of-work mining protocol similar to Bitcoin. Many crypto investors feel that PoS networks are more decentralized and less apt to be hijacked than PoW networks.
Moreover, if some miners drop ETC after the merge, ETC tokens will be collected by fewer and fewer miners. This is likely to result in reduced liquidity which can keep the price high.
And here’s a tip. You can get exposure to ETC for 60% off by buying a share of Grayscale’s ETCG trust fund which is selling at a 60% discount. By the time we reach the top of the next bull run, ETCG may have gained 50% more ground than ETC, in which case ETCG could get you to a million earlier than ETC will.
Binance Coin (BNB) — A decentralized token for a centralized exchange
Not all crypto traders are aware that the Binance exchange is not a decentralized exchange (DEX). Rather, it’s a privately owned company, just like Coinbase and Crypto.com. The ability to raise additional money as needed in order to grow the company gives Binance Coin (BNB) an advantage over DEX tokens like Uniswap (UNI) and PancakeSwap (CAKE).
Since its inception, the price of BNB is up an astonishing 40,000+%. Congrats to you if you got in on the ICO. If you’re not in yet, now might be a good time as many analysts are saying BNB price has, for the most part, bottomed out. BNB will be around for decades to come and will make many a millionaire out of long-term holders and savvy traders.
(Keep in mind that both of the assets mentioned about will probably end up finding a place in the Uniglo treasury.)
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