Gifto Token, one of the rapidly developing innovations of the digital world, adds a new dimension to the understanding of gifts with the opportunities offered by blockchain technology. Sending and receiving virtual gifts exclusively on Web3 is now just a few clicks away! Of course, the capabilities of the Gifto project are not limited to this. By stepping into the magical world of this innovative project, discover the future of gifting precious memories to your loved ones and learn what can be done with Gifto token.
What is Gifto Project?
Gifto project is basically a Web3 blockchain solution created to create, store and send gifts in the blockchain space. On the other hand, the Gifto project can also be called a wallet solution. This actually shows that this project serves many purposes on the blockchain. It is even possible to do charity work with this project.
Gifto, which has been constantly evolving since the first day it was created, started out as a gift solution on the blockchain, but today; It can be used as a marketplace, wallet service, financial return tool, and donation transmission channel for cryptocurrencies and NFTs . After briefly summarizing Gifto, we can now start sharing details about this project.
What is GFT Token?
GFT token is the native cryptocurrency of the Gifto project. Although this cryptocurrency can be referred to as GFT coin, it is a token. Because it was not developed on a network of its own. After talking about this basic information, now “What is Gifto token?” We can answer the question.
This cryptocurrency, called GTO when it was launched, was an ERC-20 token in its early days. GFT token, which later gained its new name, started to be created in the Binance BEP-20 standard in order to be more efficient in the blockchain. So what do Gifto and GFT tokens do? Those who want to get more comprehensive information about this subject can take a look at our topic below.
Gifto – What is GFT Token Used for?
What the Gifto project actually emphasizes with the concept of gift is divided into two. The first of these is that cryptocurrencies can be purchased and given as gifts by sending them to someone else. Secondly, NFTs can be purchased in the Gifto Store and these NFTs can be gifted to others. Although the project was developed within the scope of this feature, the solutions it offers have expanded over time. Let’s take a look at the features that the Gifto project offers to its users and what can be done with GFT token.
What are the GFT Token Features?
- Wallet: Cryptocurrencies and NFTs can be stored safely thanks to Gifto Wallet. In addition, the transfer of these assets is also possible.
- Staking: Those who own GFT coins can still be rewarded with GFT if they lock their assets.
- NFT: Thanks to Gifto, NFTs can be purchased, stored and sent, as well as minted.
- Trading: Cryptocurrency and NFT trading can be done using DApps.
- Donate: Support NFT creators by purchasing NFTs inside. In addition, 0.5% of GFT’s annual inflation is donated to Binance Charity, which carries out activities to combat poverty and ensure that everyone can equally benefit from the right to education.
How to Stake Gifto Token?
Gifto (GTO) token holders have the opportunity to earn additional returns thanks to Gifto staking. This action, which can be easily performed, can be completed in several stages. What needs to be done for this is as follows.
In the first stage, it is necessary to choose the wallet compatible with Gifto. At this stage, MetaMask may be preferred. Then, the Gifto staking platform should be visited and the MetaMask wallet should be connected. After wallet binding, GFT BEP20 must be added to the wallet and GFT tokens must be imported. After these transactions, the staking process can be started.
From the Staking tab, the amount of GFT tokens desired to be staked can be determined and the transaction can be confirmed and GFT tokens can be added to the staking pool. When the staking period ends, the principal along with the rewards can be withdrawn.
Who is the Founder of Gifto?
Gifto was discovered by Andy Tian in 2017. Tian, who completed his bachelor’s and master’s degrees in computer science from MIT, started his career in Silicon Valley.
Drawing attention with his entrepreneurial side, Tian was the co-founder of one of the world’s oldest social media application companies in 2008. In 2010, he sold this venture to Zynga China. Although a sale transaction took place, he continued as general manager of Zynga China for a while. Tian, one of the first members of Google’s Greater China division, launched the company’s mobile side.
Tian, the co-founder of ASIG, which is considered a successful technology startup in Asia, has reached 410 million users in more than 150 countries with the mobile media applications created there. His success benefited the development of technology in the fields of gaming, e-commerce and social media.
From Which Exchange Can Gifto (GFT) Be Purchased?
One of the most reliable ways to purchase GFT is through the ICRYPEX cryptocurrency exchange. ICRYPEX is known for its leading position in the industry and provides high quality service to its users. Anyone who wants to invest in this exciting digital asset can buy sell GFT using ICRYPEX’s reliable platform. You can meet GFT today and benefit from the privileges offered by the Gifto project.
