Gifto
Name
Gifto
Summary
-Gifto started as a Universal Gifting Protocol and has evolved into an open blockchain-based platform for global crypto gifting.
-It was founded by Andy Tian
-Gifto uses a delegated Proof of Stake blockchain with a dual-token model.
-It was the first project to be launched on the Binance Launchpad.
Rating
Symbol
GTO
Overview
The GIFTO protocol, the brainchild of Asia Innovations Group, the parent company of popular live-streaming software Uplive, seeks to become a decentralized virtual gifting protocol.
Uplive's virtual gifting market is decentralized with the GIFTO protocol. Fans can purchase virtual presents developed and created by Uplive's in-house design team with diamonds (digital money). Content Creators are provided with the facility to develop web links for fans interested in sending virtual gifts.
Historical Price Movement (in INR)
Technology
The Gifto protocol's public component is stored on the Ethereum blockchain. GIFTO tokens are Ethereum-based tokens that can be used to buy virtual presents. According to the developers, virtual gifts will be ERC-721 compliant coins with full smart contract capability. The following metadata is expected for ERC-721 virtual gifts: creator, owner, price, gift ID, URL, metadata, and transferability.
As it’s an ERC 20 token, the programming language is Solidity.
Use of native tokens in the ecosystem:
GTO can be staked for "ecosystem privileges" and pro-rata division of network fees. Gifto Stable is a stablecoin that will be issued on the mainnet of Gifto.
Advisors and Investors
15%
Private Sale
20%
Public Sale
10%
Powering the ecosystem
30%
Company reserves
25%
Volume (27th March 2022)
$22,573,149
Total Supply
1000000000
Circulating supply
770,236,879.20 GTO
Crowd Sales
Gifto has raised $1 million in three rounds of investment. Their most recent fundraising round was a Venture-Series Unknown round on January 4, 2018.
Funding
04/01/2018 : Venture Round- NA
19/12/2017: Seed Round-NA
01/11 /2017: ICO-$1M-NA
Country
China
Name of Organization
Asia Innovations Group
Year Incorporated
2013
Registered Address
Room 123, No. 701, West District, 7th Floor, Building 1 · No. 100, Balizhuang Xili, Chaoyang District · Beijing · China
Dispute Resolution and Governing Law
China
Country Risk Assessment
A2
Founding Team
| Name | Designation | Education | Experience |
| Andy Tian | Co-Founder and CEO | MIT: Bachelor’s and Master’s degrees in Computer Science. | 15 Yrs |
Whitepaper 
