Glow (GLOW)

Glow – The Token That Aims to Revolutionize Decentralized Finance Through Transparency

Glow is quickly emerging to revitalize Decentralized Finance once and for all.

Glow is one of the youngest cryptocurrencies in the market. While 2021 saw many new tokens launched, not all brought something new to the industry, especially in the DeFi sector. Glow stands out by committing to solving the issues of transparency and convenience for users investing in the DeFi space.

Decentralized Finance (DeFi) is not as beneficial as it used to be before mass adoption. Increasingly, people find it more difficult to earn in ways they once did, creating unfair advantages for large investors (whales) and fewer opportunities for small investors. Glow aims to solve these challenges by spreading wealth throughout its community.

This is accomplished through three primary methods:

• Dividends: Through the use of stablecoin reflections, $GLOW holders gain 10% BUSD reflections from every transaction conducted on the network just for holding $1 worth of GLOW.
• Lottery: Each $GLOW holder has a chance to win at least $10,000 BUSD with a minimum purchase of $50 worth of GLOW. The lottery is triggered every time the wallet reaches $10,000, and a randomizer selects one Glow holder for automatic lottery delivery.
• Charity: Glow also has a charity wallet. 1% of the circulating supply is designated for this wallet. $GLOW holders determine the charity recipient through a community vote. Our community can nominate and vote on the charities we support monthly, including helping Glow community members, non-profit organizations, or supporting frontline workers.

A key differentiator in the way GLOW revolutionizes DeFi and makes it more accessible is in their Token Security Development. A critical factor to GLOW’s success is the commitment to 100% transparency with the GLOW community by providing full access to the founders and development team. This is achieved through live video calls (Glowcast), directly connecting and engaging with the global community in real time. Whether sharing roadmap accomplishments, troubleshooting issues, or discussing lessons learned in crypto, this approach aligns with GLOW’s three pillars: Unity, Clarity, and Security. GLOW strives to eliminate barriers, create a safe space for collaboration, and educate all investors entering the DeFi space.

GLOW promotes community involvement through meet-ups and volunteer activities, benefiting global communities. Investors from all walks of life gather to discuss GLOW’s plans and contribute to giving back to the world.

Upcoming roadmap items for GLOW include the development of mobile payment applications, allowing users to complete payments with $GLOW via a mobile app easily. Future GLOW gaming applications are also being worked on to expand the utility base.

Glow is built on the Binance Smart Chain (BSC), one of the most efficient chains in the crypto market. As a BEP-20 token, $GLOW is fully equipped to utilize DeFi, offering interoperability with other chains and high scalability.

Glow uses the Proof-of-Stake consensus mechanism, which is proven to be a safe and fast technology for transaction verification.

GLOW is compatible with the Ethereum Virtual Machine (EVM), allowing users to leverage Ethereum tools within the GLOW network.

Glow Token Tokenomics

Regarding tokenomics, GLOW is unique, as 50% of the initial supply was voted on and burned before the presale. Below are additional breakdowns of the $GLOW supply:

• 55% of the supply has been burned to reduce token supply
• 30% is designated for liquidity, half locked and the other half for future exchange expansion
• 5% is allocated for aggressive marketing
• 5% is designated for the development of the company and its products
• 4% is allocated for the Glow Team
• The remaining 1% is sent to the charity wallet

16% of every transaction is taxed for the following purposes:

• 10% is used as BUSD reflections for all Glow holders
• 2% goes to liquidity
• 2% is allocated for marketing purposes
• 1% goes to the $10K BUSD lottery
• 1% is allocated for network development purposes

The Future of Glow

Glow is still in its early phases, released on December 3, 2021. Phase 1 is complete, including the whitepaper release, the token contract creation, the website launch, and the Glow public sale.

In Phase 2, major milestones have been completed, including CoinGecko and CoinMarketCap listings, two contract audits by RugSeekers and TechRate, and five $10,000 BUSD lotteries to holders.

Upcoming developments include the first charity donation, creating DApps for payment and gaming, listing on major exchanges, and broadening community involvement.

It is safe to say this is only the beginning for Glow, and its future potential is GLOWing.

Contact

Company Name: Glow

Company Website: https://www.glowtoken.online/

Discord: https://discord.com/invite/zfADB2fVgt

Telegram: https://t.me/glowdefi

Twitter: https://twitter.com/GLOWDefi

Instagram: https://www.instagram.com/glowdefi

Contract Address BSC: 0xc7bAA7787Bb40C5d2523252bAf142413dCBbcD5b

Reflections Address (BUSD): 0xe9e7CEA3DedcA5984780Bafc599bD69ADd087D56