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Uniglo.io Outreaches More People Than Stellar and Kava Due To Its Utility

22 October 2022
in XLM
Reading Time: 3 mins read
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Uniglo.io Outreaches More People Than Stellar and Kava Due To Its Utility
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Entering Q4, Credit Suisse, one of the leading global asset managers, seems to be in trouble, spelling more significant worry for the general state of the economy. The U.S. dollar remains at a two-decade high. Now is the time to buy assets. Investors must overcome their emotions, and the current period represents the accumulation phase of a lifetime.

Contrarian behavior leads to contrarian results. The reason the majority of investors never build life-changing wealth is that they follow the herd. Investors who dare to buy now dare to change their future. Uniglo.io (GLO) remains among the best picks for 2022. Its utility goes beyond even crypto giants Stellar (XLM) and Kava (KAVA).

Uniglo.io (GLO)

Uniglo delivers a store of value in the depths of the bear market. By introducing buy and sell taxes Uniglo funds two core value creation mechanisms for investors. Asset acquisition is the first and a burning strategy is the second. The protocol vault purchases a unique mixture of assets and weathers market volatility through this diversification. The vault holds large caps like BTC & ETH for long-term price appreciation, smaller cap crypto projects for growth speculation, and NFTs. The NFT assets are high-end physical goods like real estate and fine art- proven brilliant stores of value- less affected by market conditions.

Uniglo leverages asset ownership, and the holdings in the vault make GLO a value-backed token. This allows the floor price to rally when the vault’s valuation increases. With Uniglo purchasing assets in the bear market, it is ready to enjoy an enormous rally throughout the bull market. Thanks to Uniglo’s return to value-backing, investors now have a viable long-term investment vehicle for developing wealth.

Stellar (XLM)

Stellar is an open network for storing and moving money. This project takes advantage of the blockchain’s borderless nature to facilitate global payments. Users can send dollars, pesos, or pounds globally with minimal fees in minutes. Compared to the legacy financial system, Stellar represents an excellent option for international transfers of value.

However, Stellar faces heavy competition from alternative payment protocols such as Ripple, and as investors get more comfortable with crypto many opt to use stablecoin for payments.

Kava (KAVA)

Kava utilizes a unique co-chain architecture bridging Ethereum’s security and the interoperability of the Cosmos ecosystem thanks to its Inter Blockchain Communication (IBC) protocol. Kava offers permissionless loans to participants who have crypto assets to collateralize. The protocol allows for the lending and borrowing of assets unavailable on other platforms due to its co-chain architecture.

Closing Thoughts 

There exists nothing more critical than a store of value. Investors deserve an investment vehicle where they can keep their funds confident of long-term appreciation. Uniglo’s value-backed currency GLO provides precisely that, and this utility will see the token perform exceedingly well in the coming months. 

Find Out 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

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

Follow us on Twitter @thevrsoldier to stay updated with the latest Metaverse, NFT, A.I., Cybersecurity, Supercomputer, and Cryptocurrency news!


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