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Gifto Coin is a protocol that allows users to develop and customize virtual gifts for content creators. The virtual gifts can be purchased using GTO tokens sent by viewers or fans to content creators on all major social networks, including Facebook, Instagram and Youtube.

The Asia Innovations Group (AIG), the company behind Gifto Coin, has developed a platform for creating real-time content over the past two years. It is called Uplive. Uplive is the first application to use the Gifto protocol.

The Gifto protocol consists of the following components:

- Virtual smart gift: By using a smart contract, users can configure virtual gifts with unique attributes, such as whether the gift is limited, combinable, tradable, interactive, randomly generated, and so on.
- Gift Shop: Fans can buy gifts for content creators.
- Gift inventory: Contains gifts for the user, who can be either a fan or the creator of content.
- GTO Token: Used to buy/sell virtual gifts.
- Gifto Wallet: Contains GTO tokens for users.
- Gift Portal: A gift management system created, monitored and managed by Gifto participants.

What are the tokens used for and why are they valuable?

The GTO tokens are the most important transaction currency in the Gifto protocol and are used as follows:

For virtual gifts: Community members can use the GTO tokens to buy and redeem virtual gifts;

For community stimulation: Members can earn the GTO tokens by running a service in the ecosystem, such as creating a virtual gift or curatorial virtual gifts. Since the number of GTO tokens is one billion, it is not increased. The more transactions and volumes in the Gifto Protocol, the more important and valuable the Gifto Coin becomes.

Features of the Gifto Coin

Gifto Coin is Binance Launchpad's first project to help Binance offer crowdsale services. This provides security, fairness and transparency. Gifto Coin therefore passed the due diligence requirements of the Binance Exchange and went public soon after the tokens were sold.

The GTO tokens were quickly adopted using the Uplive platform. The project has a strong team with proven expertise in the relevant industry. The project has received several financing rounds from institutional investors, so the company has been pre-tested by these professional investors.

Virtual gifts can be integrated with applications outside Uplive such as Facebook, YouTube and Instagram. This can significantly expand the use of GTO tokens.

Concern for further development

Other major technology companies like YouTube allow viewers to pay for content for video artists in real time. So Gifto will compete with these companies. Only 30% of the tokens will be sold to ICO subscribers, and a further 30% will be used to supply the Gifto ecosystem. Therefore, the project will have moderate inflation in the coming years.

Conclusion

Uplive has proven that there is a great demand for virtual gifts in many countries. Addressing the GTO tokens makes sense and will improve the business model. The entrepreneurs believe that the project, with its great potential, has a great chance of success.

The Gifto protocol will be much more than just Uplive. The GTO protocol is based on the Internet and will be extended to social media platforms such as You Tube, Instagram and Facebook.

The company has a large number of existing users. 20 million users hold the token. Gifto is used on Uplive, the leading Asian platform, for real-time video streaming. Members of the community can use the Gifto tokens to buy and redeem virtual gifts. In order to participate in the work of virtual gifts, a certain number of participants are required.