The cryptocurrency market can be a confusing place for someone just starting out. As such, some crypto projects such as Ethereum (ETH), EOS, and Maker (MKR) have made it their mission to build user-friendly platforms and services to be more accessible to beginners.
But a current list of the most beginner-friendly investments, according to experts, shows that a new decentralized project sits at the top. This new project is Uniglo (GLO), an Ethereum-based project that is backed by a multi-asset treasury.
Uniglo is a social currency that is supported by an asset vault that will be grown and built based on community-based decision-making. This means that by simply holding a piece of its native token GLO, investors will already have fractionalized ownership of the assets inside the vault, a right to vote on which assets to purchase and sell, and an opportunity for long-term wealth accumulation.
The project does not require an investor to stake actively, trade, swap, or lend their GLO token. By holding on to GLO over a long time, investors tend to receive more gains and rewards, thus making Uniglo very ideal for crypto beginners.
Ethereum is also a beginner-friendly platform. With seven years in the industry and a massive ecosystem, Ethereum has a track record of understanding the needs of various kinds of investors, developers, and users, including beginners. Ethereum is the second largest cryptocurrency in the world by market capitalization. It is always regarded as a stable investment choice for those who are still wading their way through the crypto market.
Eos is a smart contract platform that can perform millions of transactions per second. What makes Eos beginner-friendly is that it does not depart too far from web-based application development. It supports the creation of blockchain-based applications that can be achieved similarly to the web. This project enables data hosting, communication between applications and the Internet, and secure access and authentication, among others. With a system made familiar to developers, Eos is enticing to both enterprises and individuals.
Maker is another DeFi project that is friendly to beginners, especially those who are interested in liquidity for borrowing or lending purposes. Maker is an Ethereum-based platform that facilitates lending and borrowing without requiring credit checks. While the utility token used in the Maker ecosystem is MKR, the protocol issues a stablecoin called Dai, which is tethered to a massive real-world asset vault.
Cryptocurrencies can be daunting to newcomers, but some crypto projects have designed their services and interfaces to be inviting, instructive, and lucrative for beginners. For anyone just starting out with crypto investing, we suggest researching more on Uniglo.
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