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Uniglo (GLO) is fast becoming one of the most talked about cryptocurrency projects in the market – that’s saying a lot considering the project is still in the midst of its initial coin offering (ICO). The project has an ever-growing community of investors who are advancing the demand for GLO and elevating its value.
GLO investors have a lot to be excited about indeed. A recent rumor that’s been titillating GLO investors (as well as market watchers) involves the identity of Uniglo founder who is said to be ARK Invest founder and CEO, Cathie Wood. Recently, Wood relinquished her role as the portfolio manager for two of ARK’s funds, signaling the firm’s early stages of a management succession plan. As such, Wood might be looking at other ventures on which to spend her time and apply her talents.
The rumor that she is the founder of Uniglo is not far from the truth, as Wood has always been an avid supporter of cryptocurrencies and disruptive innovation. And Uniglo is all about introducing innovative features that benefit investors and the Web3 industry in the long term.
Uniglo (GLO)
Based on Ethereum, the Uniglo project introduces a unique approach to building an Asset Vault with the help of a treasury. Vaults are not a completely new and unique concept. Binance Chain, for instance, has a vault for aggregating profits which creates an avenue for accessing passive income opportunities. However, the Uniglo Asset Vault offers opportunities beyond passive income. It enables long-term earning for loyal GLO token holders as well as fractional ownership of different kinds of digital currencies, digitized assets and non-fungible tokens (NFTs).
These assets might have been previously out of reach, but Uniglo provides a platform where a community can collectively purchase them and fractionally own them. Paxos (PAXG), Courtyard, Sotherby’s NFTs and Blockbar NFT are some examples of assets that can be included in the Uniglo Vault. In effect, these assets back the GLO token and secure value for token holders.
Bitcoin (BTC)
Wood is a well-known investor in Bitcoin. As a cryptocurrency bull, she speaks actively about the impacts that inflation and macroeconomic factors have on Bitcoin’s price. She is also a vocal proponent of deflation and says that continued price hikes result in deflation and another downtrend for BTC.
Ethereum (ETH)
Wood is also an investor in Ethereum, which she believes is undervalued compared to the crypto king. Ethereum recently completed “The Merge,” or the total shift to a Proof of Stake consensus algorithm that is slated to make the smart contracts platform much more energy-efficient. Wood expects the protocol upgrade to catalyze exponential growth for the price of ETH.
Final thought
Uniglo is not only catching the attention of whales, tycoons and leaders in the tech and Web3 spaces. The project is being led by them as well. You can witness their leadership by becoming part of the Uniglo community. Buy GLO on presale to benefit from its impending price surge.
Find Out More Here:
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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