As we inch closer to the end of the year, analysts are starting to put out their top picks for 2022. Three analyst-recommended cryptos offering high-yield opportunities are Uniglo (GLO), Ethereum Name Service (ENS), and Cosmos (ATOM). What makes these projects unique?
Uniglo is a community-based social currency that promotes long-term wealth accumulation while reducing market volatility. It opens the Uniglo Community Vault, which will contain a range of digital assets, including higher cap cryptocurrencies, stablecoins, lower caps, NFT collections and high-end luxury commodities like fine art and gold to support its native token, GLO.
Everyone who purchases or sells GLO after its release must pay a 10% fee, 5% of which is dedicated to treasury funding. Therefore, the treasury will continually expand regardless of whether the market enters a bull or bear phase. Treasury money simply never flows out unless the community votes to spend a portion of investment income to purchase GLO from exchanges and burn them to give the price a little boost. The method is also referred to as an “Ultra-burn mechanic” that is believed to redefine the meaning of “deflationary tokenomics” for the future DeFi generations.
The fact that Uniglo’s platform passed Paladin Blockchain Security’s audit of its smart contracts once again illustrates how much the protocol prioritizes the safety and security of its investors.
Early investors in Uniglo have already obtained a return of 45 percent, as breakthrough tactics attract new customers daily. Soon, pre-sale will end, so now could be the ideal time to add a bunch of GLOs to your portfolio and avoid buy/sell taxes when the project starts on Uniswap.
The Uniglo project is now in its third phase and is expected to accomplish its objectives by the end of Q4.
Ethereum Name Service (ENS)
The Ethereum Name Service (ENS) is based on the Ethereum blockchain and manages a decentralized and comprehensive name system. It is able to map human-readable names and cross-reference them with machine-readable identifiers like crypto addresses and other information. It essentially fulfills a similar function to Domain Name Service (DNS) in that it maintains secure domain names for entities in the decentralized sector.
Cosmos (ATOM) advertises itself as a project that tackles some of the blockchain industry’s “hardest difficulties.” It aims to give an alternative to “slow, expensive, unscalable, and environmentally damaging” proof-of-work algorithms like those used by Bitcoin by offering an ecosystem of interconnected blockchains.
Cosmos is billed as “Blockchain 3.0,” and its primary objective is to make its infrastructure simple to utilize. The Cosmos software development kit focuses on modularity, enabling the creation of a network using pre-existing code pieces and simplifying the design of complex apps. Lately, Cosmos seems to get back on bull trends, and before the prices hit new ATHs, analysts recommend diversifying your portfolio with a few ATOMs.
Overall, GLO, ENS, and ATOM investors might soon be blessed with a considerable price surge, easily outperforming major DeFi protocols. With strong community backing and growing demand for native tokens, these three remain the most fascinating projects on the board worth considering.
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Join Presale: https://presale.uniglo.io/register
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.