The post Uniglo.io NFT Project Brings Real Art To Investment Portfolios, Unlike Apecoin Or Crypto Punks appeared first on Coinpedia Fintech News
You may not consider yourself much of an art aficionado, but everyone knows that fine art fetches astronomical prices at auction. While the cryptocurrency industry is au fait with NFTs, the art world is just waking up to the power of digital art and NFTs are clearly gaining traction. Have you considered how powerful it could be for profit should physical art enter the realm of digital finance? Uniglo has – look no further for your next innovative investment.
Own Real Art with Uniglo.io
Most fine art worth tracking in terms of value resides as treasure in galleries for public viewing or disappears for long periods of time into private collections, ready to resurface if the market looks right. Art dealers know when to sell off a priceless piece and deal in art as their trade. Why shouldn’t this process be digitized?
Uniglo aims to bring inaccessible art to the collective, breaking down barriers in terms of price or availability. As Uniglo functions as a DAO, holders of GLO may vote to decide what should be bought to place in the Uniglo Vault. The world’s great auction house, Christie’s, deals in assets ranging from art, fine wine, antique furniture, sculpture, jewelry and rare books to name just a fraction of the luxury assets traded. All of these options will be on the table for the Uniglo community to choose and more – The Vault will also hold NFTs and cryptocurrency, smartly combining both real world and digital assets. The price of GLO will be underpinned by the strength of all these assets working in tandem. Typically, luxury items tend to appreciate steadily and reliably in value, especially through bear markets, which perfectly compliments the volatile nature of digital assets. Buying in before the value of the collection pushes up the price of GLO.
Apecoin is the latest product from the creators of the Bored Ape Yacht Club, Yuga Labs. IT you are unfamiliar, this popular NFT features cartoon-style profiles of apes that are formulated by an algorithm. Ape coin envisions supporting a whole host of services, from art to entertainment to gaming. Unfortunately, BAYC remains a solely digital premise.
Crypto Punks was launched in 2017 by Larva Labs Studio by a pair of software developers. The NFTs are similarly generated algorithmically, resulting in kooky, pixelated characters, of which there are 10,000 unique versions. No more will be created and you certainly cannot hang your punk on the wall.
Uniglo is celebrating a remarkable launch following a highly successful presale. GLO made 2x after more than 38 million tokens were burned. If you think art is for the masses, buy it decentralized with Uniglo and access assets you’d never even dreamed of before.
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