Promising Projects On Ethereum (ETH) Network In 2022: Uniglo (GLO), Shiba Inu (SHIB), And Chainlink (LINK)

cryptonews.com:

Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.

The Ethereum (ETH) network is widely regarded as the most well-known and actively used smart contract platform in the cryptocurrency market. The network boasts of having a large number of decentralized applications and projects created on it, which are utilized by millions of people all over the globe. In this article, we will highlight three such potential projects that will be running on the Ethereum network in 2022 and are worth keeping an eye on. These initiatives are referred to as Uniglo (GLO), Shiba Inu (SHIB), and Chainlink (LINK).

Ethereum is sometimes regarded as the second most popular cryptocurrency behind Bitcoin in the world of cryptocurrencies. However, Ethereum is far more than Bitcoin, which is typically considered digital money or a store of wealth. Decentralized platforms like the Ethereum network enable the creation and implementation of so-called "decentralized applications," or dApps, simply programs operating on the Ethereum network without centralized management. Because of this, they are immune to censorship, fraud, or outside meddling. Furthermore, dApps may provide users with greater privacy and security than conventional applications since they are constructed on top of blockchain technology.

A new Ethereum-based startup Uniglo seeks to establish a name for itself in the DeFi market. It provides a chance for investors to indirectly own various assets that will be kept in the Uniglo Asset Vault.

The smart combination of digital and NFT-related assets in this vault, chosen by the community to help endure volatility and bear markets, is what makes it so important. 

Moreover,  Uniglo adopts