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Business News/ Brand Stories / Second Uniglo Presale Started as Polygon and Solana Community Take Notice
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Second Uniglo Presale Started as Polygon and Solana Community Take Notice

As the project is busy with pre-selling, many investors from across different ecosystems are taking a peek and now want to bridge over to Uniglo

Investors and crypto experts have been noticing the Uniglo project since the beginning.Premium
Investors and crypto experts have been noticing the Uniglo project since the beginning.

The presale period is one of the most ideal times to buy cryptocurrency. The price is still low and just waiting to shoot after the initial coin offering (ICO) or the public launch.

Of course, not all preselling tokens are made the same way and not all are destined for greatness. Nowadays, the standard has been set very high for what makes a quality decentralized finance (DeFi) project that could result in a lucrative presale purchase for early investors. This is due to the slew of unsuccessful projects, including misleading investment initiatives, that have dissuaded many investors from trusting new and unproven crypto players.

However, we see a new DeFi project emerging from all that noise – Uniglo (GLO). This new project started the first phase of its presale on July 15. Now, it has commenced the second phase of the presale, which is set to last until mid-September. And as the project is busy with pre-selling, many investors from across different ecosystems are taking a peek and now want to bridge over to Uniglo.

Uniglo (GLO): The latest crypto gem

Uniglo is a new crypto gem that is attracting investors from communities over at Polygon (MATIC) and Solana (SOL). It is a new player in DeFi that introduces to the market a social currency called GLO. This currency is special because it is backed by a multi-asset treasury. This means that GLO can remain strong and steadfast despite volatility in the crypto market. The Uniglo project is obviously intended for investors with a long-term view of wealth accumulation. Additionally, the assets bought by the community will form part of the Uniglo Asset Vault. As such, all GLO holders will have fractionalized ownership of the assets in the vault.

Polygon (MATIC)

Polygon is a well-known layer 2 scaling solution built on Ethereum. Its community is home to whales that hold as many as 10,000,000 MATIC tokens. Recently, Polygon has been making a bullish formation. The price of MATIC is expected to reach $0.85 after it gained support around $0.75 during the last weekend of August. The resistance mark that MATIC now needs to hit is at $0.80. As MATIC holders wait for Polygon to break the resistance level, they are excited to know more about how investing in Uniglo could complement their current holdings.

Uniglo is also built on Ethereum just like Polygon. After the Uniglo project is publicly launched, the platform developers will also create an Asset Vault on Polygon, which could prove beneficial to MATIC investors who buy GLO tokens now during the presale period.

Solana (SOL)

Solana is another well-regarded cryptocurrency and decentralized ecosystem that continues to expand and gain popularity. It is known for enabling fast and low-cost transactions that beat Ethereum. Recently, the network has been introducing new features, upgrades, and Automated Market Makers (AMMs) to boost liquidity within its ecosystem. Similar to Polygon, Solana will also be home to a Uniglo Asset Vault. Both this vault and the one in Polygon will be protected by a multi-signature authentication process, ensuring safe and secure access for GLO investors.

The bottom line

Investors and crypto experts have been noticing the Uniglo project since the beginning. Indeed, many whales started accumulating GLO tokens during the first phase of Uniglo’s presale. However, things are not too late for institutional or retail investors who want to be part of the Uniglo community, as the project is still on Phase 2 Presale. Buyers of GLO today can still enjoy bonuses and rewards before the project finally launches in October.

Find Out More Here:

Join Presale: https://presale.uniglo.io/register

Disclaimer: This article is a paid publication and does not have journalistic/ editorial involvement of Hindustan Times. Hindustan Times does not endorse/ subscribe to the contents of the article/advertisement and/or views expressed herein.

The reader is further advised that Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.

Hindustan Times shall not in any manner, be responsible and/or liable in any manner whatsoever for all that is stated in the article and/or also with regard to the views, opinions, announcements, declarations, affirmations etc., stated/featured in same. The decision to read hereinafter is purely a matter of choice and shall be construed as an express undertaking/guarantee in favour of Hindustan Times of being absolved from any/ all potential legal action, or enforceable claims. The content may be for information and awareness purposes and does not constitute a financial advice.

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Published: 30 Aug 2022, 08:16 PM IST
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