Here Is How Uniglo.io (GLO) Has Infinitely More Use Case Than Bitcoin (BTC) And Dogecoin (DOGE)

One of the buzzwords in the cryptosphere that we hear quite a bit is the term “use case.” This means basically the things you can do with a digital asset. Things like paying for file storage or buying NFTs. However, the most important use case for long-term investors is… well, investing long-term. That’s it.

In that case, what can you do with Bitcoin (BTC)? You can buy it and sell it. The same goes for Dogecoin (DOGE). Although this meme coin is trying to add some DeFi utility, when it comes right down to it, for the average individual investor, BTC and DOGE have two use cases — you buy them, and you can sell them.

The problem with this is these are volatile assets, and there’s always a chance that BTC or DOGE could go zero the day before you retire. For this reason, long-term investors have to diversify. That means buying an array of assets so that if one of them goes to zero, you don’t lose your retirement. However, diversified investing is difficult, time-consuming, and oftentimes a losing proposition for an individual investor. Enter Uniglo (GLO).

Uniglo (GLO) — One-stop diversified investing

Uniglo is a new DeFi token that has infinitely more use cases than BTC and DOGE — that is, again, for long-term investors. This is because this investment DAO has infinite investing options. The treasury can be invested into Bitcoin or DOGE. It can also be invested into any other crypto asset. It can also be invested in high-value NFTs. It can be invested in tokenized gold, tokenized stocks, tokenized real estate, tokenized rarities, and literally anything else that can be tokenized. (Eventually, all long-term investment vehicles will be tokenized.)

So who decides what the Uniglo treasury invests in? The DAO community, which consists of GLO holders, does. Everyone who holds GLO gets to vote on how the treasury is used, when to take profits, when to reallocate, and when to buy back and burn GLO tokens. The latter is likely to happen on a regular basis any time the treasury value is greater than the market cap of the token.

The next question is, where does the money come from to fund the treasury? This is where things get interesting. Uniglo borrows a strategy from NFTs. That is, every aftermarket sale incurs a royalty payment. While NFT collectors normally pay a royalty only when they sell (commonly 10%), with GLO, both the buyer and the seller pay a 5% royalty. This does several things.

First, it encourages early investing and long-term holding. It also discourages day trading and leveraged trading, thus significantly reducing risk and volatility. It also assures that the treasury is growing no matter which way the wind blows. Whether we’re in a bear market or a bull market, money is constantly flowing into the treasury. Forever. And the more the market tanks or moons, the faster the treasury grows.

As you might have surmised, GLO tokenomics greatly favor early investors who can just sit back and watch the treasury grow year after year after year. However, ICO investors have an even better edge. You can get in on the Uniglo ICO at a discount and do so without having to pay the royalties.

So you can either invest piecemeal in a diversified basket of risky assets like BTC and DOGE on your own, or you can join a community dedicated to long-term investing and to building a massively diversified treasure trove of assets. Your choice.

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

 

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

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