Uniglo (GLO) Combines NFT Earning with Tokenization Alongside Fantom (FTM), Solana (SOL), and Avalanche (AVAX)

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Dis­claimer: The text below is an adver­to­r­i­al arti­cle that is not part of Cryptonews.com edi­to­r­i­al content.

Bit­coin might be the most pop­u­lar cryp­tocur­ren­cy in the world, but it is not nec­es­sar­i­ly the best one to invest in now. Over the years, the cryp­to indus­try has devel­oped a lot, expand­ing to include var­i­ous DeFi solu­tions, dig­i­tal assets, and decen­tral­ized appli­ca­tions. Each of these devel­op­ments, of course, has its share of pros and cons.

But a new­com­er to the cryp­to space called Uniglo (GLO) aims to uti­lize all their good parts, com­bin­ing tok­eniza­tion with NFT earn­ing, among oth­ers. This strategy–which estab­lished cryp­tocur­ren­cies like Fan­tom (FTM), Solana (SOL), and Avalanche (AVAX) also adopt–could be a recipe for invest­ment success.

Uniglo (GLO)

Uniglo is a new com­mu­ni­ty-based social cur­ren­cy that applies two types of burns, tak­ing tok­eniza­tion in a unique direc­tion. The protocol’s top goal is to main­tain a healthy price floor for its token, GLO. As such, it will release a lim­it­ed sup­ply and burn all tokens left unsold after the pre­sale stages. 

Uniglo per­fect­ly pairs tok­eniza­tion with NFT earn­ing as well as oth­er invest­ment oppor­tu­ni­ties. It aims to build a trea­sury for and by the com­mu­ni­ty to fund the pur­chase of dif­fer­ent assets. The main chain of Uniglo is not bound to acquire scarce and prof­itable NFTs. It, there­fore, plans to pur­chase rare NFTs and max­i­mize the increase in their val­ue over time. BAYC, Axie Infin­i­ty, and Sand­box are just three of the NFTs that Uniglo could obtain through its treasury. 

Fantom (FTM)

Fan­tom is one of the world’s most effi­cient, advanced, and low-cost smart con­tract net­works, mak­ing it ide­al for an NFT ecosys­tem. Its cryp­to, FTM, is used for in-plat­form payments.

Fan­tom is also mak­ing waves in NFTs. In 2021, the pro­to­col launched NFT Artion Mar­ket­place, which is known to have almost zero per­cent trans­ac­tion fees.

Solana (SOL)

Solana is a high-per­for­mance blockchain that is becom­ing increas­ing­ly pop­u­lar, as more Ethereum users search for cheap­er and faster alter­na­tives. Its native token, SOL, can be used for stak­ing and pay­ing fees on the network.

Solana sup­ports smart con­tracts, includ­ing NFTs. It has a grow­ing num­ber of plat­forms and mar­ket­places for NFTs, includ­ing the Mag­ic Eden NFT mar­ket­place. The lat­ter made head­lines recent­ly when it logged almost 361,000 NFT trans­ac­tions in a week, sur­pass­ing Ethereum in terms of vol­ume. The total vol­ume of trans­ac­tions on Mag­ic Eden has also already reached USD 1.6 billion. 

Avalanche (AVAX)

Avalanche is also one of the fastest smart con­tract plat­forms in the blockchain indus­try. Its token, AVAX, is used for stak­ing and pay­ment of fees. Just like Uniglo, Avalanche has a fixed token sup­ply to ensure scarci­ty and the preser­va­tion of its token.

While the price of its token and the num­ber of its active users still strug­gle to recov­er dur­ing the bear mar­ket, Avalanche has suc­cess­ful­ly carved a place in the NFT space. In mid-June, the ​​total vol­ume of NFT trades on Avalanche peaked at USD 2.27 million. 

The bottom line

The cryp­tocur­ren­cy mar­ket is becom­ing an increas­ing­ly excit­ing place to invest. By bet­ting on cryp­to gems like Uniglo, which lever­ages tok­eniza­tion to opti­mize the earn­ing poten­tial of var­i­ous dig­i­tal and tan­gi­ble assets, investors could receive high-val­ue rewards and price gains.

Learn More Here:

Join Pre­sale: https://presale.uniglo.io/register

Web­site: https://uniglo.io

Telegram: https://t.me/GloFoundation

Dis­cord: https://discord.gg/a38KRnjQvW

Twit­ter: https://twitter.com/GloFoundation1



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