Uniglo.io, IOTA and Quant complete crypto trending lists
As crypto markets slowly come back to life after months of dormancy, it’s no surprise that some of the major market tokens have been making big strides lately.
Uniglo.io (GLO) is a newcomer to the crypto world, but it has already caused a stir with its innovative approach to decentralized platforms. IOTA (MIOTA) has also been gaining a lot of attention lately with its cutting-edge technology in the Internet of Things space. Finally, Quant (QNT) is a project that has been slowly gaining momentum and is now starting to get the recognition it deserves.
This article will take a close look at these three trending tokens and see what makes them unique.
The Uniglo Protocol (GLO) integrates wealth preservation and growth speculation using blockchain technology to create a new and improved store of value. The project funds two methods of generating value for investors using purchase and sales taxes.
Scarcity is the first factor, and GLO is the first hyper-deflationary DeFi coin. Each transaction sends a portion of the funds to the Uni Abyss, a burning wallet with an unknown private key. The second is the added value. The Uniglo Vault collects and stores assets and strengthens GLO support.
Uniglo is currently on an initial coin offering to raise funds for its treasury. The platform will go live in mid-November and will be listed on the stock exchange. The tokenomics GLO benefits ICO investors significantly, and a simple investment in the GLO ICO could turn into a significant cash reserve within a decade or two.
IOTA (MIOTA) is a one-of-a-kind network designed for the Internet of Things (IoT) environment. It records transactions between computers and devices using a targeted acyclic graph. Furthermore, the large IOTA community will always support the MIOTA coin. The IOTA foundation is also continuously working on improving the network. They already have contracts with well-known companies like Bosch, Volkswagen and Fujitsu.
IOTA is built on a distributed ledger technology that differs from blockchain in several ways. IOTA uses the Tangle, a patented technology which is a consensus process that requires users to authenticate two transactions to complete their IOTA transactions.
Tangle is a direct acyclic graph (DAG) consensus approach. This method requires no miners or validators, no blocks and no transaction fees. According to the IOTA website, this allows the coin to transcend the cost and scalability limitations of the blockchain.
The Quant network, which powers banks and other financial institutions, is increasingly important in the digital fintech industry. Quant created the Overledger blockchain and the QNT cryptocurrency. It allows multiple blockchains to communicate with each other.
Quant is a platform for which experts promise great things. It helps in the development of concrete solutions that are simple to use and offer real benefits to their consumers. As a result, it could be a great investment right now at a price that won’t be accessible for long.
With Uniglo, IOTA, and Quant topping the crypto trending lists, it is clear that the market is bullish on these projects. Invest now, before it’s too late.
To find out more about Uniglo:
Join the presale: https://presale.uniglo.io/register
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