Daily Analysis: AVAX, ADA, JTO, QI, GFT
Today's session has started on bull activity as majority of altcoins post gains. Avalanche and Gifto have appeared among today's gainers.
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Jan 12, 2018
Aug 9, 2020
Gifto price is $0.024207, down -15.45% in the last 24 hours, and the live market cap is $24,084,334. It has circulating supply volume of 1,000,000,000 GFT coins and a max. supply volume of 1,000,000,000 alongside $20,989,407 24h trading volume.
Gifto is a blockchain-based virtual gifting protocol that allows content creators to create and manage their own virtual gifting economy. It enables users to send virtual gifts, such as digital cards, animations, and 3D objects, to other users in exchange for cryptocurrency. The platform also provides tools for content creators to monetize their work through the sale of virtual gifts. Gifto was created by Uplive, a live streaming platform with over 20 million users worldwide. The project has been backed by Binance Labs and 500 Startups.
The Gifto Protocol is built on top of Ethereum and utilizes smart contracts to facilitate the transfer of value between users. This allows for secure transactions without the need for third-party intermediaries or centralized servers. Additionally, Gifto’s decentralized architecture ensures that all transactions are immutable and transparent.
Gifto tokens (GTO) are used as the primary currency on the platform and can be used to purchase virtual gifts from content creators. GTO tokens can also be used to pay transaction fees when sending gifts or tipping content creators. The tokens are available for purchase on major exchanges such as Binance, Huobi Global, OKEx, Gate.io, KuCoin, and more.
The Gifto Protocol has already been adopted by several popular platforms including YouTube Gaming, Twitch TV, Facebook Live Streaming Platforms (FB Live), Instagram Live Streaming Platforms (IG Live), Weibo Live Streaming Platforms (WB Live), etc.
Overall, Gifto provides an innovative solution that enables content creators to monetize their work while providing users with a secure way of sending virtual gifts in exchange for cryptocurrency.Read More
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