Gifto (GTO) the Decentralized Universal Gifting Protocol
GIFTO Protocol is a decentralized universal gifting protocol for digital content consumption market.
It allows for the creation and exchange of virtual gifts, built on smart contracts and blockchain technology, that in turn will create a decentralized consumer-driven virtual economic system.
Gifto is connected to uplive which is highest revenue streaming app that launched a token so far
Team is called Asia Innovations Group Limited and is based in Beijing, China.
The aim of Gifto is to create a Gifting Eco-system that should open up gift creating to the masses and create a new market as a result.
Each created virtual gift would have it’s own unique nature and character.
The Gifto Protocol is envisioned to be a self-governing and self-sustaining ecosystem for virtual gifts to be created, curated, tracked, bought, sent and exchanged across any content platform such as YouTube, Instagram, Facebook, etc.
The protocol will be introduced in Uplive initially which is a live streaming mobile application with over 20 million user.
GIFTO Tokens are proposed currency for transacting in the virtual gifts. The tokens are ERC-20 standard token on the Ethereum blockchain.
GIFTO Tokens will also be used to incentivize and motivate an ecosystem of participants to help create, curate, and redeem virtual gifts.
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