Uniglo received a resounding reception upon launch last month, as expected. Following a hotly anticipated presale, Uniglo kicked off with a large-scale burn event which sent the price of GLO soaring – congratulations to all who purchased early! It's not too late to get involved with this exciting project – read on to find out more about why GLO deserves a spot in your portfolio, especially when compared to the likes of OlympusDAO and Maker.

Top 3 Reasons to Buy

1. The Ultra Burn mechanism. This burns a small percentage of each sales transaction, keeping the currency deflationary as the total pool ever decreases with use. Buyers can now expect long-term gains.
2. Uniglo is DAO governed, meaning GLO holders get to make key decisions about the project's direction, such as whether or not to buy back and burn GLO!
3. Uniglo uniquely marries digital assets like cryptocurrency and NFTs with investments in tangible, real-world treasures like gold, fine art, and classic cars (to give just a handful of potential examples), underpinning GLO with a vast array of both traditional and modern assets.

OlympusDAO

OlympusDAO is a community-owned, decentralized reserve currency backed by decentralized assets, much like Uniglo. Yet, there is a stark difference that investors should be aware of: Unfortunately, OHM will continue to inflate ongoingly, just like standard fiat. Conversely, Uniglo is fully deflationary owing to its fantastic burning tokenomics and therefore has much better prospects.

Maker

Trouble is on the horizon for Maker: If America decides to regulate US dollar-pegged stablecoin, this could mean that, potentially, DAI would not be permitted to retain its 1:1 status. As a result, DAI would become a free training currency, removing the entire functionality of the project.

Conclusion

The Uniglo community is busy celebrating a successful launch: So far, GLO has performed admirably indeed. Owing to its unique culture-based use case, buyers are continuing to pile in in order to take advantage of future gains. Certainly, seasoned investors will be looking to swap their OHM and DAI for GLO in light of recent news and trends. GLO is available for purchase now.

Learn more:

Website:  https://uniglo.io