Review:
Gifto built on the Ethereum platform will let users buy and exchange virtual gifts on a decentralized blockchain platform through the $GTO token. Users will be able to buy, customize virtual gifts and send them on various cross platforms such as Facebook, Instagram, Youtube etc. Content generators then can trade these for $GTO tokens.
CEO of AIG whose core product is Uplive is also the founder of Gifto. Uplive a live video steaming app has already generated $100 million 2017 with $25 Million dollar worth of virtual gift transactions a month. With the introduction of $GTO instead of buying and selling through Credit Card and PayPal now users will have the option to buy virtual gifts through tokens and creators can then cash these tokens. Currently the price of virtual gift on Uplive starts from $1.3.
Example of how virtual gifts are being currently sent on Uplive platform, selection of gifts and pricing which is in Taiwan $
Gifto is not only introducing this for Uplive users only but their key product which is also being tested end of January 2018 through influencers on Facebook, Instagram, Youtube will be on these platforms as well. So just imagine the scale Gifto can achieve with an already proven track record.
As you already know Crypto Kitties was also a huge success based on the Ethereum platform that actually congested servers a few months back. Similarly I can see huge potential with Gifto as well.
Gifto has also partnered in with Tron for $TRX hodlers this is exciting news for them as well.
Team:
Gifto has a capable team their CEO Andy Tien headed the Google mobile development team in China. Currently he is the CEO of AIG thats owns Uplive also the the person behind Gifto. Besides having an extremely capable team on advisory they have the CEO of Khyber Network, founder of Nebule/ Neo besides Justin Sun CEO of Tron along with many other highly qualified people.
Current Market:
Currently $GTO is priced at $.41 cents with a market cap of $65 million dollars. It’s extremely undervalued. My assessment is it certainly has the potential to go 5X or more first quarter of this year. You can see more details at Gifto’s website here.
You can buy the token from Binance click here
This is my research their might be some discrepancies. Kindly do your own research before investing in Crypto.