Gifto is one of the first application tokens unveiled in 2017. Launched on Binance launchpad, it has since released many innovations, including the largest crypto wallet for mass market use, the highest active user blockchain game, and other mass consumer applications. Gifto Chain and Wallet is developed by global contributors across technology, operations, partnerships, and community.
End of 2017
Quarter 1, 2018
Quarter 3, 2018
Attention. There is a risk that unverified members are not actually members of the team
$102 167 066
$42 500 000
$49 654 700
$48 557 855
$62 230 000
$98 554 700
Opportunities:GIFTO is the first Binance Launchpad project whereby Binance provides crowdsale services that ensures safety, fairness, and transparency. GTO tokens will have adoption quickly by leveraging the Uplive platform.The project has a strong team with proven track record in relevant industry.Virtual gifts can be integrated with apps outside of Uplive, such as Facebook, YouTube, and Instagram. This can dramatically expand the usage of GTO tokens. The white paper is detailed and explains clearly the GIFTO protocol and Uplive. This shows the thoughts that the team has put into the GIFTO protocol and that the token model makes sense.
Concerns:Other giant tech companies such as YouTube also allow viewers to pay content creators during live stream, so GIFTO will in a way compete with those companies.Only 30% of the tokens are being sold to ICO participants, with another 30% of the tokens being used to power the GIFTO ecosystem. Therefore, the project will have moderate inflation in the years going forward.
Conclusion:Overall, we are positive about the short- and long-term potential of this ICO. Our thoughts of the tokens for short term and long term are as follows:For short-term holdingGood. With only $10 million remaining for the ICO and the high market awareness, the project should be able to sell out with unmet demand. Presale investors received up to 10% bonus which is reasonable.For long-term holdingGood. Uplive has proved that there is a large demand in multiple countries for its virtual gifts. The transition to GTO tokens makes sense and would improve the business model. We believe the project has a high chance of success with large potential.
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