There’s no denying that the crypto world is brimming with early-stage startups that promise the world to investors. However, very few of them sustain market volatility and competition. In a bid to raise capital, many projects distribute unsold ICO tokens for personal gains. This is where Uniglo provides more transparency and confidence compared to other projects like Big Eyes and IMPT.
As per the recent announcement by the team, the project will move all leftover presale tokens to a dead wallet. That implies millions of tokens will be taken out of circulation right after the launch. This will not only have a cascading effect on the demand but also create a firm ground for massive returns. Early investors are bound to be rewarded big, while those who get in now have a fair chance to multiply their capital.
The central belief that underpins Uniglo’s technology is deflationary tokenomics. The unique burning mechanism of the protocol ensures a constantly reducing supply with every transaction. As the scarcity increases over time, so does the price. Furthermore, the floor price of the token will be backed by a pool of digital assets and real-world collectibles. This combination of price stability and growth potential is what Uniglo aims to achieve with its conceptual platform.
Both IMPT and Big Eyes have a unique proposition for new investors, but they are struggling to match the strength of the GLO presale. These tokens mostly rely on community and speculations to make it big, but unfortunately, that doesn’t sustain for long. On the other hand, Uniglo has an edge in terms of treasury vault and burning mechanics that make it a strong contender in an ocean of startup projects.
Those looking for that 100X phenomenon are already loaded up with a bag full of GLO tokens. While the initial presale is certainly the best time to bet on a project, you can still join the party. As we head for the smart contract launch on the 19th of November, the massive token burn event is set to take the crypto space by storm.
For More About Uniglo:
Join Presale: https://presale.uniglo.io/register
Website: https://uniglo.io
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