The past few years have seen a tsunami of blockchain, cryptocurrencies, tokens, and NFT collections. With the crypto market in a bubble and his JPEG valuations of nascent networks, niche DeFi platforms, meme-powered tokens, and cartoon animals skyrocketing, any sensible person would know. It’s clear to anyone.
Ultimately, what matters to long-term investors is intrinsic value and utility, not speculation. Assets that don’t have more intrinsic value than one might imagine will ultimately not be able to compete with projects of real value unless they somehow achieve mass adoption.
As the entire altcoin market hits barrel bottom and prices drop by more than 90%, DAOs with real assets behind them begin to rule the world. Even the Bored Ape Yacht Club became a DAO.
A DAO is a decentralized autonomous organization. There is no corporation, no shareholders, no board of directors, no profit behind it. All operations are voted on by those who hold the DAO’s native token.
Maker DAO (MKR) and BitDAO (BIT) are good examples of DAO tokens with inherent value and utility. Maker allows users to leverage their assets to generate Dai, a community-managed decentralized cryptocurrency that tracks the price of the US dollar. Each DAI token is backed by other assets. BitDAO is a DAO with billions of existing assets. We plan to invest these assets in promising web3 projects.
There is now a new Treasury-backed asset on the block called Uniglo (GLO). It’s another investment DAO. But it has a twist. Tokennomics is specifically designed to attract long-term investors while discouraging short-term speculators. Moreover, GLO’s tokenomics are very favorable to his ICO investors. The Uniglo ICO is ongoing and will run until mid-October or until the GLO supply is sold out.
Uniglo’s idea is to build a community that builds a highly diversified portfolio of digital investments. Anything that can be tokenized is fair game for Uniglo’s Treasury. Investments include not only crypto and NFT projects, but also tokenized real-world assets such as real estate, gold, fine art, and rare collectibles.
When it starts, the value of the Treasury will be less than the market capitalization. But the idea is that the token will grow bigger and bigger over time until its value is fully backed by valuable assets.
how do you get there? Use tricks learned from NFTs. His 10% royalty on all aftermarket sales is collected in the Treasury. 5% from the buyer and 5% from the seller. What this means is that money is always flowing into the treasury, regardless of which direction the market is heading. Moreover, the more volatile the market, the faster the treasury grows.
Also, 2% of all GLO aftermarket sales are automatically burned. Therefore, the circulating supply is always decreasing, just as the national treasury is always increasing. For ICO investors, even a small investment today could turn into a golden egg in the years and decades to come.
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Join the presale: https://presale.uniglo.io/register