With an increased appetite for new laws and regulations associated with crypto trading, some in the industry worry that these laws could have wider implications for the future of the space. They argue that decentralized currencies should be free from Government intervention and centralized regulations. While these regulations could lead to changes in the industry, they shouldn’t necessarily be viewed negatively.
While regulations could impact how easy it is to buy and hold cryptocurrencies, they also indicate an increased acceptance that crypto is here to stay. With more mainstream acceptance, specific projects like Uniglo could continue to flourish. Uniglo (GLO) is well-placed to be part of the next generation of DeFi that manages to gain mainstream acceptance. Here’s why:
Uniglo works by charging a small sales tax on all transactions to help fund the growth of the project. A range of assets are purchased and stored in the GLO vault to provide an entire store of value and a strong base price. GLO is a community-driven project that gives holders a complete say in the platform’s future and allows them to decide which assets to buy and when to sell them.
The GLO vault helps reintroduce a gold standard that fiat currencies lost long ago, making it resistant to market volatility and an actual answer to rampant inflation with its deflationary credentials.
GLO also uses a radical dual-burn mechanism to repurchase tokens to burn alongside burning some on every transaction. This helps ensure scarcity increases over time the bigger the project gets.
Uniglo is currently available in its final pre-sale phase for a few weeks longer. This gives early investors the perfect opportunity to buy a token primed for growth before it goes on to bigger things when it officially launches.
The crypto landscape might be shifting somewhat, but projects like GLO still have plenty of potential to shine. That’s why Uniglo might be the perfect pick for your portfolio.
Always conduct proper research when dealing with pre-sales of currencies and tokens. The information above does not constitute investment advice by CryptoMode or its team, nor does it reflect the views of the website or its staff.
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