What is Gifto?
Gifto gifts are created, tracked, sent then exchanged across global content platforms like Facebook, YouTube or Instagram. It aims to decentralize global content creation on Ethereum blockchain. Gifto is a product of Asia Innovations Group, the team behind UpLive.
Gifto has the following components: Gifto Tokens used to buy and sell virtual gifts, Gifto Wallet for users to store their tokens, Gifto Virtual Smart Gift which is the virtual asset based on smart contracts, Gift Store for fans to buy a gift for a content creator and Gift Inventory which holds gifts for users.
GTO-which is the token name for Gifto is an ERC20 compliant token. To buy these tokens one can use an exchange platform like Binance and they choose whether to store them on MyEtherWallet or withdraw and keep on their private platform which is GIFTO web wallet. The total supply for the coins is 1 billion GTO with a circulating supply of 533.8 million GTO.