Crypto Investment Guide With Uniglo.io, Solana And Fantom

0
78

Join Our Telegram channel to stay up to date on breaking news coverage

Investors who take the time to educate themselves naturally outperform the investors who do not. The bear market is the ideal time for education, and when crypto winter ends, investors can implement their collected knowledge in the bull market.

By understanding successful protocols, it is easier for the investor to discern similar characteristics in new projects and thus increases their ability to pick a low/mid cap crypto project before it rockets through the rankings. Finding a crypto gem before it explodes is a ticket to wealth, but one that is not easy to find.

This article outlines three successful crypto projects, Uniglo (GLO), Solana (SOL), and Fantom (FTM), and explains why these projects saw success- outlining for investors a guide to picking successful long-term projects.

Uniglo (GLO)

Uniglo is an Ethereum-based social currency that has recently risen due to its unique application of basic economic principles, tokenomics, and asset ownership. By introducing buy and sell taxes, the developers created funding for two central protocol mechanics that give value to investors. The first is asset ownership, with a portion of every trade used to purchase and store assets in the Uniglo Vault. By holding a blend of digital and physical assets, Uniglo hedges against market downturn via diversification. These assets also provide a stable floor price for GLO that increases as the valuation of the Vault increases.

The second is the Ultra Burn Mechanism. This hyper-aggressive burning strategy means GLO’s total supply is constantly declining, and fundamental laws of supply and demand dictate that a decreased supply means an increased price. In this fashion, Uniglo’s developers have created a project that blends wealth preservation and growth speculation into a single token, enabling investors to store their wealth over extended periods.

Solana (SOL)

Solana is an open-source layer one blockchain. It delivered much-needed scalability; as a result, this new form of money saw an influx of users and snowballed.

By introducing its unique PoH (Proof of History) consensus mechanism, Solana provided throughput above and beyond anything currently available. With a theoretical limit of 65,000 transactions per second, Solana remains one of the fastest layer one projects on the market.

Fantom (FTM)

Fantom is another layer one blockchain project that exploded throughout 2021. By employing a DAG (directed acyclic graph) instead of a typical blockchain, this project can validate multiple transactions concurrently, giving it a considerable advantage concerning scalability. 

Fantom’s success also came down to a decision by the Fantom Foundation to financially incentivize developers building on the network. As a result, Fantom’s ecosystem is one of the most dynamic within DeFi, and Fantom’s continued success shows the importance of the team behind a project. 

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 

Join Our Telegram channel to stay up to date on breaking news coverage


Credit: Source link

Join Binance

LEAVE A REPLY

Please enter your comment!
Please enter your name here