Uniglo (GLO) combines NFT earnings with tokenization Alongside Fantom (FTM), Solana (SOL) and Avalanche (AVAX)
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Bitcoin may be the most popular cryptocurrency in the world, but it is not necessarily the best one to invest in right now. Over the years, the crypto industry has developed a lot, and expanded to include various DeFi solutions, digital assets and decentralized applications. Of course, each of these developments has its share of advantages and disadvantages.
But a newcomer to the crypto area called Uniglo (GLO) aims to utilize all their good parts, and combines, among other things, tokenization with NFT earnings. This strategy – which also established cryptocurrencies such as Fantom (FTM), Solana (SOL) and Avalanche (AVAX) – can be a recipe for investment success.
Uniglo (GLO)
Uniglo is a new community-based social currency that uses two types of combustion, and takes tokenization in a unique direction. The ultimate goal of the protocol is to maintain a healthy price floor for its token, GLO. As such, it will free up a limited supply and burn all tokens that are unsold after the pre-sale stages.
Uniglo combines tokenization perfectly with NFT earnings as well as other investment opportunities. It aims to build a treasury for and by society to finance the purchase of various assets. The main chain of Uniglo is not bound to acquire scarce and profitable NFTs. It therefore plans to buy rare NFTs and maximize the increase in their value over time. BAYC, Axie Infinity and Sandbox are just three of the NFTs that Uniglo can obtain through the Treasury.
Phantom (FTM)
Phantom is one of the world’s most efficient, advanced and affordable smart contract networks, making it ideal for an NFT ecosystem. Its crypto, FTM, is used for payments on the platform.
Phantom also makes waves in NFTs. In 2021, the protocol launched the 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 original token, SOL, can be used to wager and pay fees on the network.
Solana supports smart contracts, including NFTs. It has an increasing number of platforms and marketplaces for NFTs, including the Magic Eden NFT marketplace. The latter made headlines recently when it logged nearly 361,000 NFT transactions in one 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 to wager and pay fees. Avalanche, just like Uniglo, has a fixed token supply to ensure scarcity and preservation of the token.
While the price of the token and the number of active users are still struggling to recover during the bear market, Avalanche has successfully cut a spot in the NFT area. In mid-June, the total volume of NFT trades at Avalanche peaked at $ 2.27 million.
The bottom line
The cryptocurrency market is becoming an increasingly exciting place to invest. By investing in cryptocurrencies such as Uniglo, which leverages tokenization to optimize the earning potential of various digital and tangible assets, investors can receive high-value rewards and price gains.
Learn more here:
Join in advance sale: https://presale.uniglo.io/register
Website: https://uniglo.io
Telegram: https://t.me/GloFoundation
Disagreement: https://discord.gg/a38KRnjQvW
