There are always tons of innovative new ideas in the crypto space. It’s a world that’s full of innovation, and has revolutionalized the way people think about money and investments. But not all of these ideas actually break through and work for the long-term. For every incredible crypto innovation, there are some less than incredible ideas that never take off. Oftentimes, the cryptos with the best ideas combined with the best execution, are those that make a difference in the industry. So those are the ones investors want to look out for, especially as they look for new projects that might have a ton of upside especially if you invest before they go mainstream. But sometimes, simplicity is key. Real problems need real solutions, not gimmicks. That’s why some of these crazy crypto models never really take off. And while move-to-earn coins seem like a great idea, are they really what the public is looking for? The crypto scene needs solid tokens with huge scope, rather than gimmicks that probably won’t amount to anything. That’s why more and more people are starting to like GLO, it’s incredibly simple, yet incredibly solid. Its main core principle is being the most deflationary coin in existence, something the finance world needs desperately. Let’s look at why GLO is one of the best coins around:
The problem with mainstream fiat currencies is that they no longer have a gold standard. In the past, for every dollar in circulation, there was an equivalent amount of gold stored in reserve. This was known as the gold standard. But it was scrapped a few decades ago, de-pegging currency from any real value. While the dollar will always have value, it’s completely sentiment-based rather than backed by anything physical. It also means more dollars can be printed at any time, through quantitative easing. Increasing supply, lowering the value of existing dollars, and causing inflation. It’s a bit problem in the economy right now.
GLO solves this by having an actual store of value, fully asset-backed by a range of different assets including digitized gold. GLO re-introduces a gold standard, and a completely deflationary model. It also becomes more scarce over time thanks to ultra-burn mechanics. This decreases supply over time and helps ensure solid price growth that isn’t prone to pumps and dumps. It’s why GLO could be the answer to all of the currency world’s problems. And it’s why the time to invest in GLO could be now.
The team behind STEPN have created an innovative lifestyle platform that rewards users for physical activity—specifically moving. By performing physical activities, users earn coins. It’s a great way to motivate yourself, but the underlying price value of these rewards isn’t as solid as with GLO. It’s an innovative idea, and could have a future, but it won’t revolutionalize the currency world like GLO could.
GLO has so many benefits for the currency world, and a simple yet effective idea that could make a huge difference. That’s why experts recommend it for your portfolio immediately.
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