What is the Gifto Coin (GTO) Token, Gifts, Wallet and DeFi? | PortalCrypto

Gifto is a decentralized virtual gift protocol based on Ethereum. The project, implemented by the Asian Innovations Group, allows users to receive virtual gifts from each other and do so with ERC-20-based GIFTO. Thanks to Gifto Coin, it is now possible for users to send gifts to each other on any social media platform. Content producers can also be rewarded for this, and anyone who wishes can send prizes to content producers of their choice. Read on to learn more about the Gifto project.

What is Gifto and how does it work (GTO)?

Gifto is one of the first application tokens unveiled in 2017. Launched on Binance’s launch pad, it has since launched many innovations, including the largest cryptocurrency wallet for mass market use, gaming most active user blockchain and other mass consumption applications. Gifto was born out of the idea of ​​bringing the virtual gifts movement from centralized platforms to everyone on all social media platforms through a link and Gifto Wallet.

Universal Gifting was designed as an open platform that helps content creators be better rewarded for their creative efforts, while building stronger connections with their audiences beyond the walled gardens of social media. The idea was inspired by social networks. Gifto’s vision has been to make the exchange of value between creator and fan universal, freeing it from a single, centrally controlled platform such as YouTube.

Additionally, Universal Gifting focused on content creators and their fans and would work exclusively with GTO only. With the new infrastructure upgrade, Gifto will become a true Universal Gifting Platform (UGP) defined by four core design principles:

  • Universal token support
  • Universal Platform Support
  • customizable
  • Decentralized Universal Token Support

On Gifto, all tokens including BTC, BNB, ETH, stablecoin, etc. can be used to create, send and redeem gifts, not just GTO.

Universal giveaway platform

The new universal gifting platform includes Gifto Wallet and Gifto Blockchain and is powered by Gifto Token.

Gifto Wallet

Gifto Wallet is the heart of the ecosystem. Over the past 1.5 years, they have developed the wallet into one of the easiest gateways to accessing and using crypto for mass consumers. Gifto Wallet works on all platforms and is now available on mobile app, web and partner apps. They are now extending it to support Telegram and other messaging platforms, Android and iOS. This provides easy access for new users with no experience in trading cryptocurrencies or exchange accounts.

In addition to listed tokens, Gifto Wallet also supports blockchain gifts residing on Gifto Chain. Users can create their blockchain gifts, discover other blockchain gifts and share them with their community and friends via Gifto Wallet. This exposes Gifto Chain gifts to billions of people who already share memes and e-cards on major messaging platforms, and ultimately Gifto Wallet allows them to purchase these gifts directly.

Gifto Wallet allows users to gift all major tokens such as BTC, BNB, ETH, stablecoins and GTO via social media and instantly create unique virtual gifts on Gifto Chain via Gifto wallet apps/bots. These Gifto Chain tokens are associated with wallet holders’ social media IDs, and ownership of public tokens can be determined by third-party developers for use in their applications.

Gifto blockchain

Gifto Blockchain processes all token transactions and tracks rewards for ecosystem participants. It uses delegated proof-of-stake to ensure fast, secure, and transparent processing. Gifto Token (GTO) operates and encourages participation in the ecosystem with Gifto stablecoin in a dual-token liquidity structure. Users can stake GTO to unlock ecosystem privileges such as gifts and nodes.

Gifto Advancement and Use Cases

Gifto has launched a variety of social products, games and giveaways to increase the use of Gifto tokens. The team also launched Coinup, a crypto community-focused live-streaming platform that offers a dedicated virtual gifting experience for crypto communities and is also powered by the Gifto token. Since its launch, several crypto projects such as EliteMining, Original Protocol, and CryptoMonday have used Coinup to interact with their communities.

Gifto’s usefulness also went beyond virtual gifts and games. In December 2018, they launched the Gifto e-commerce store, offering users from 21 countries a catalog of interesting products and gift cards to buy directly with their Gifto from Gifto Wallet. Its various Gifto ecosystems, product launches and major portfolio updates have impacted its current development for the Universal Gifting platform. Since 2018, they have made progress on all fronts, improving awareness, access and usage of the Gifto token. Moving forward, they are bringing them together to launch a holistic and concerted effort to accelerate the Universal Gifting Vision.

  • Earn – Thanks to Gifto Blockchain, content creators included in the ecosystem will be able to easily create their crypto gifts, digital artwork and keepsakes that represent their brand and share them with their community without being harmed by the fact that they have or not crypto.
  • Reward – Blockchain can also reward the creator with fees on every future transaction or use case, ensuring that creators are rewarded for every mile their art has traveled.
  • Share Gifts – Projects will be able to create and share crypto gifts with their communities through Gifto Gift Creator, which will be available on the web, in apps and as a bot for many social media and instant messaging platforms, starting by Telegram.

GTO token

Functioning as the native cryptocurrency of the Gifto protocol, the GTO coin is an ERC-20 token. The token has several use cases. Users can create, sell and receive gifts using GTO. Also, the token can be used to reduce transaction fees and get a share of those fees by running nodes. There is an exceptional offer of 999.271.532 GTO parts.

Where to buy the GTO token?

The GTO token can be purchased on several major cryptocurrency exchanges, among the most important: Binance, OKX, Phemex and Bitrue.

Gifto (GTO) Price Prediction

The price of Gifto is likely to reach a maximum level of $0.0436 throughout 2022. According to our Crypto Price Prediction Index, in 2023, the price of Gifto (GTO) might reach a maximum level of $0.0839, with a average trading price of 0.0624 USD. According to our Crypto Price Prediction Index, in 2025, GTO is expected to cross an average price level of $0.1012.

The minimum expected price of Gifto at the end of the current year is expected to be $0.0934. Moreover, GTO can reach a maximum price level of $0.1031. The Gifto price is likely to reach the lowest possible level of $0.0896 in 2030. According to our Crypto Price Prediction Index, the GTO price may reach a maximum possible level of $0.1652, with an expected average price of $0.1244.

Conclusion

According to the project white paper Gifto, gifts are a great way to show gratitude in today’s online community. The growing number of diverse exchanges on the Internet has provided the world of financial exchanges with exciting new opportunities that have helped the Gifto company offer a new way to support content creators. PortalCripto hopes the article provided the necessary information about the Gifto project.

Learn more about GTO

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What is the Gifto Coin (GTO) Token, Gifts, Wallet and DeFi? | PortalCrypto


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