Gifto (GTO) is wiggling up the online content industry, Crypto Recorder

Gifto (GTO) is the newest blockchain cryptocurrency te town. It wasgoed introduced te December and seems it is already taking the market by storm with just two months ter the market. Its release has greatly revolutionized the social media and broadcasting market.

Since the invention of broadcasting and social media, much of the revenue is generated through advertising. However, the platforms used are tend to get the mega share of the profits with those who create the content being sidelined despite their hard work of coming up with the content.

Gifto (GTO) came up with a blockchain technology that is set to decentralize the entire system of content creation, advertising and revenue generation. By decentralizing, it has solved the problem where a large amount of high quality content having to be sidelined since the type of content aired to the audience wasgoed fully managed by the advertisers.

Gifto (GTO) is a Gifting Protocol. It wasgoed designed to permit content creators to produce, stock and sell their content ter the form of posible bounty tokens through any social verhoging or any other online content verhoging like YouTube and the like.

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Te so doing, it is decentralizing the entire ecosystem and making it a peer to peer kleuter of transaction among the content creators and the audience. The total content platforms will therefore be acting spil a place of exchange.

Since blockchain technology provides a means of creating potencial assets which can be held across various platforms, Gifto (GTO) aims to make use of this to create a decentralized community where users can customize supuesto gifts for rewarding those who create online content.

The Gifto incorporates brainy contract technology so spil to enable it to be customizable.

Speciaal from using brainy contracts, the tokens are characterised spil ERC-20 tokens thus based on the Ethereum technology.

Ter a nutshell the Gifto ecosystem is designed to enable the audience to buy the potencial gifts using gifto tokens that are already generated ter the Gifto system te order to use the posible gifts to prize content creators through platforms like YouTube.

Components and features of Gifto (GTO) Ecosystem

Thesis are gifts built on wise contracts which are created for use by audience to prize those who create content.

When a fan or audience wants to purchase a bounty so that they can prize the creator of the content, he/she will have to go to the bounty store to buy a imaginario bounty there.

After purchasing the bounty from the bounty store, the gifts are held te the Bounty inventory so that the audience can then use them straks when they want to send to the content creator.

Also, the content creator may opt to store the gifts he/she receives ter the Bounty inventory instead of converting them into GIFTO tokens.

Thesis are the kleuter of tokens used to buy imaginario bounty from the bounty store.

This is where the user (both the audience and content creator) holds his/hier GIFTO Tokens. For a content creator, merienda he/she receives gifts from his/hier audience, the content creator normally converts the bounty into GIFTO tokens.

For the Audience he/she purchases the GIFTO Tokens te order to buy gifts from the Bounty store.

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This is the person who creates the gifts.

This is the overseer of the creation of the gifts

This is the person who has created the online content and posted ter online for the audience to view.

The person viewing the content of the content creator and sends gifts to the content creator

This is the toneelpodium where all the members (Bounty creator, Bounty voogd, Content Creator and Audience) of the Bounty ecosystem interact.

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It acts spil the management structure for managing the contributors who engage ter generating, curating and circulating the gifts spil well spil the tokens.

The rollout of Gifto cryptocurrency wasgoed set into stages with the very very first phase being divided into two. The very very first one, the Alpha version, which wasgoed a test version and it wasgoed released ter December aimed at testing whether the GIFTO protocol works on the existing content platforms. Then, the 2nd part of the very very first stage, the Beta version, wasgoed flipped out te the very very first quarter of . Beta version release aimed at decentralizing the GIFTO protocol to enable the blockchain to be applicable ter presente life situations.

The 2nd stage/phase, which will be release ter the 2nd quarter of is the release of the Commercial version 1.

During the third quarter of , the developers have set to be doing expansions and iterations of the system.

Since its release ter December, , Gifto (GTO) prices have performed relatively well. At the ogenblik a GIFTO Token is going for $0.397604 USD, which is just about 39% increase from its very very first listing price of about $0.Three USD vanaf token.

At the uur, the market capitalization of GTO stands at $62,766,295 USD with an media 24 hour volume of $129,088,000 USD and a circulating supply of 157,861,327 GTO.

There is no mining of GTO coins since all the coins are already generated and they total to 1,000,000,000 GTO. Therefore, the only way to acquire Gifto (GTO) coins is by very very first buying a popular cryptocurrency like Ethereum and exchanging it for GTO coins.

Exchanges that list GTO include Coinbase, Bitfinex, Cex.io and Coinmama among several others.

To date Gifto (GTO) has attracted quiebro a number of investors like PANFERA, MSA, SIGNUM Deber and INDEX VENTURES. It has also partnered with a number of companies like Binance, ORICHAL, Kyber Network and Asia Staaltje Festival Awards. This shows that it is just a matter of time before this cryptocurrency becomes a globally accepted crpyo.

This postbode wasgoed last modified on February 14, , 7:54 am

2 comments / Add your comment below

  1. Attempting to support via facebook without response, toegangsbewijs support tells it to be 72 hours, for something that would be virtually instant. It may not be a scam, but it’s utterly slow and I do not recommend it, because it’s frustrating to know if I’ll be stolen from my coin or when it will be credit

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