With the crypto market slowly coming back to life after months of dormancy, it is no surprise that some of the top trending market tokens have made big moves recently.
Uniglo.io (GLO) is a newcomer to the crypto world, but has already made headlines for its innovative approach to decentralized platforms. IOTA (MIOTA) has also received a lot of attention recently due to its state-of-the-art technology in the Internet of Things space. Finally, Quant (QNT) is a project that has been quietly gaining momentum and is now starting to get the recognition it deserves.
In this article, we’ll take a closer look at these three trending tokens and see what makes them unique.
The Uniglo (GLO) Protocol unites wealth storage and growth speculation by creating a new and enhanced store of value using blockchain technology. The project uses purchase and sales taxes to fund two ways to create value for investors.
Scarcity is the first factor, and GLO is the first hyper-deflationary DeFi coin. Each transaction sends part of the funds to the Uni Abyss, a burning wallet with an unknown private key. Uniglo Vault collects and stores assets to strengthen GLO backing.
Uniglo is currently conducting an initial coin offering for funding. The platform will be live and listed on the exchange in mid-November. GLO Tokennomics will bring significant returns to ICO investors, and a simple investment in a GLO ICO can turn into a significant cash reserve in 10 or 20 years.
IOTA (MIOTA) is a proprietary network designed for Internet of Things (IoT) environments. Record transactions between computers and devices using focused acyclic charts. Moreover, IOTA’s large community will always support the MIOTA coin. The IOTA Foundation is also constantly working to strengthen the network. They have already signed contracts with well-known companies such as Bosch, Volkswagen and Fujitsu.
IOTA is established on a distributed ledger technology that differs from blockchain in several respects. IOTA employs the patented Tangle, a consensus process that requires a user to authenticate two transactions in order for him to complete her IOTA transaction.
Tangle is a direct acyclic graph consensus approach (DAG). This method does not require miners, validators, blocks or transaction fees. According to the IOTA website, this will allow the coin to surpass blockchain cost and scalability limits.
The Quant network, which powers banks and other financial institutions, is becoming increasingly important in the digital fintech industry. Quant created the Overledger blockchain and the QNT cryptocurrency. Allows multiple blockchains to communicate with each other.
Quant is a platform where professionals promise great things. We help you develop real-world solutions that are easy to use and deliver real consumer benefits. As a result, it may be an excellent investment at a price not readily available.
With Uniglo, IOTA, and Quant topping the crypto trend list, it’s clear that the market is bullish on these projects. Invest now before it’s too late.
More about Uniglo:
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