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Uniglo (GLO) Pre-Sale Targets Ethereum (ETH), Polygon (MATIC) Communities

Sat, 08/20/2022 - 10:30
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Uniglo (GLO) pre-sale gains steam in late Q3, 2022
Uniglo (GLO) Pre-Sale Targets Ethereum (ETH), Polygon (MATIC) Communities
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Uniglo (GLO), a popular DeFi protocol, has massively caught the attention of the Ethereum (ETH) and Polygon (MATIC) communities. Ethereum and Polygon are two of the most popular cryptocurrency protocols, and allocating investors from those two platforms to Uniglo is a success itself. 

What Is So Special About Uniglo (GLO)?

Uniglo is a new DAO protocol offering a unique solution to the problem of centralizing power and control in the cryptocurrency industry. Uniglo’s transparency is a crucial ingredient for the stability and trustability of the protocol and one of the fundamental reasons people are looking at it as a successful alternative investment. 

Uniglo establishes a new method of storing wealth in the world of digital assets. It uses a special vault that will contain a variety of NFTs, digital, and physical assets and support the value of GLO. Being a DAO for Uniglo means the community members will partly own the assets stored in its vault. Furthermore, no decision will be made without the community votes throughout the development process.

Granting fractional ownership of the world’s leading assets to investors is a critical point of Uniglo’s success, as one will directly benefit from the price increments of these assets, and the protocol itself will gain more funds to acquire extra digital instruments for the vault to make GLO more volatility-resistant. 

Uniglo is a potential game-changer for other reasons as well. With the buy-back and burn method and 2% of each transaction flowing to the Uniglo Abyss, a wallet with an unknowable private key, GLO is also a hyper-deflationary coin. 

Ethereum And Polygon Communities Seek Alternatives

Ethereum is a decentralized blockchain network powered by the Ether token. It allows users to execute transactions, earn interest on their holdings through staking, utilize and store nonfungible tokens (NFTs), trade cryptocurrencies and play games, access social media, and do a variety of other things. 

The approaching Ethereum Merge has had a significant impact on the crypto market. It has had an impact not only on the price of ETH but also on pricing other digital assets in the sector. Statistics show, that this has been observed across the futures markets, where prices have been dropping to all-time lows. Though the ETH merge is widely expected to be a positive trend, the community is unsure of the market's next move. Even Ethereum is still battling to recover from its steep drops. As a result, it's no surprise that the community is looking for solid cryptocurrencies to diversify their portfolios. 

One thing is sure about Ethereum's merge: it will provide its clients with greater functionality, security, and scalability. This will directly impact the flexibility and evolution of the Uniglo protocol, resulting in greater community services. 

Wrapping Up

Overall, Uniglo is a much-needed addition to the crypto landscape, and the community is excited to see what they will bring to the table. 

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