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Everyone wishes to retire with massive amounts of deposits, and investing in high-potential crypto projects can give you a guarantee for it. The three comparatively unheard-of cryptocurrencies that might turn you into a wealthy retiree are Uniglo (GLO), Maker (MKR), and Serum (SRM).
Uniglo (GLO)
Built on a fast and scalable Ethereum chain, Uniglo is a community-based social currency supported by cryptocurrencies, valued non-fungible tokens, and digital versions of genuine goods. Uniglo embraces the concept of scarcity with its one-of-a-kind ultra-burn feature, which allows users to swiftly consume their coins in a way that is reminiscent of the concept of scarcity. This way, Uniglo is designed to always hedge against market volatility and grow in price.
Besides an ultra-burn feature with which Uniglo buys back and burns some portion of $GLO tokens from the secondary market, Uniglo adds another layer of supply-limiting mechanism and burns 2% of all buy-and-sell transactions. This 2% is like a tax, but with much greater purposes – limiting supply and pushing prices.
The double-burning procedure will enable the implementation of a hyper-deflationary token model, which will result in raising the value and scarcity of the $GLO token.
Finally, all of the profits made from the $GLO project are dedicated to being put back into the endeavor of amassing additional digital and valuable assets connected to NFT to stimulate both capital appreciation and community participation.
Is Uniglo Safe?
Uniglo takes security to the top level and implements Multi-Signature Authentication (Multi-Sig) to the Gnosis Safe smart contract platform. The security of an individual’s assets is fine-tuned utilizing multi-signature authentication in Uniglo’s Vault.
Furthermore, For the most critical transactions, a particular amount of signatures will be required to validate. This is dedicated to reducing the probability that assets belonging to the community may be accessed in an unauthorized manner.
Maker (MKR)
Another alternative that may see significant increases in the future is Maker (MKR).
Maker is a stablecoin tied to the US Dollar, so its fluctuations aren’t really as extreme as those of other cryptocurrencies. However, Maker has the power to hold its value over time regardless of what occurs in the cryptocurrency market since stable assets back it.
A distinctive feature of MKR is that owners may vote on crucial choices affecting the currency, giving everyone a voice in how it will develop in the future.
Additionally, Maker is a project responsible for running DAI, a decentralized cryptocurrency maintained by the community with a steady value soft-pegged to the US dollar. Today, DAI is one of the most widely used stablecoins. With a market value of over $800 million, it is the 25th largest cryptocurrency and has more active addresses than USDT, the biggest stablecoin available.
Of course, Maker’s success is DAI’s success. Thus, the potential to get rich with it is realistic.
Serum (SRM)
Another intriguing cryptocurrency that has the potential to be very profitable is Serum (SRM).
It is built upon the Cosmos network, which enables quick and inexpensive transactions. Not to mention that it uses a ground-breaking hybrid consensus approach, making it much more secure than other available solutions.
Since Serum has access to all the liquidity pools on the Cosmos network, the broader popularity of the coin is predicted.
Bottom Line
Investing in cryptocurrencies with low market cap and popularity and believing becoming a millionaire retiree with it can sound insane. Though, looking at Uniglo’s whitepaper, roadmap, and idea, it can sound realistic. Uniglo enters presale on the 15th of July.
Learn More About Uniglo:
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
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