Together, Bitcoin (BTC) and Ethereum (ETH) have a larger market cap than Solana (SOL), Cardano (ADA), Polkadot (DOT), Polygon (MATIC), Avalanche (AVAX), Cosmos (ATOM), Stellar (XLM), and Tron combined. What makes these digital assets stand so far above the heads of their competitors?
Actually, Bitcoin and Ethereum each have their own superpowers. Bitcoin is the premier store of value and the most secure of any blockchain. And Ethereum is the world leader in smart contract deployment. But one thing these two platforms don’t have yet is mainstream adoption. With just 0.03% of US household wealth in crypto, we have lots of room to grow if someone can come up with a way to make crypto investing easy for the average person.
Something important to consider is that no one in their right mind would invest in just one of these platforms and nothing else. In order to reduce the risk of a total loss, you have to diversify. If you’re a crypto enthusiast you should own both of these assets, and possibly some of the others mentioned above. However, piecemealing together a diversified portfolio on your own is not only super time-consuming, but it’s also unlikely to outperform the broader markets.
However, there is a way to own both of the assets mentioned above plus many, many others that’s as simple as buying and holding a DeFi token. We’re talking about Uniglo DAO. A DAO is an organization that’s run by the community of holders — in this case, holders of GLO tokens. All members of the community get to vote on the activities of this DAO.
So what are the activities of Uniglo? It’s on a mission to build up the world’s largest portfolio of digital assets by making diversified investing as simple as humanly possible. Simply by buying and holding GLO, you can get a piece of a massive treasure trove of digital assets including cryptocurrencies, NFTs, and real-world assets like tokenized gold, rarities, stocks, and even real estate is fair game.
The capital that’s used to invest comes from a 10% tax on all GLO sales. When you buy GLO, 5% is added to the treasury. And when you sell GLO, you have to leave another 5% behind. This assures that money is constantly flowing into the treasury but never flowing out (unless decided upon by a community vote). It doesn’t matter which way the market is headed. The more buying and selling the faster the treasury grows. And it does this forever.
As if that’s not enough, another 2% of all aftermarket sales of GLO tokens are burned automatically, which constantly reduces the circulating supply.
As you might guess, the best strategy here is to buy in as early as possible and then just sit back and watch your share of the pot grow as other investors come and go.
Fortunately GLO is currently in ICO mode. The platform launches and the token goes onto exchanges in mid-October. Prior to that, you can buy GLO via private presale on the Uniglo.io website for less than two cents a pop.
The simplicity of Uniglo, the fact that it makes diversified investing so darned simple, gives GLO a good shot at being the first DeFi token to see mass adoption. If that happens, presale investors could see life-changing wealth in the coming years and decades.
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