Gifto (GFT) is a digital gifting protocol that operates on the BNB Smart Chain (BEP20) platform. It provides a self-regulating ecosystem through virtual smart gifts executed by smart contracts on the blockchain, allowing users to buy and redeem virtual gifts for their favorite content creators. The platform aims to compensate and monetize content creators worldwide, primarily on platforms like Facebook, YouTube, and Instagram. Gifto also offers a user-friendly transactional crypto wallet and a staking platform where users can earn GFT rewards.
Gifto (GFT) is a cryptocurrency that operates within a digital gifting protocol on the blockchain. It allows users to purchase and send virtual gifts to content creators, which can be redeemed for GFT tokens. The platform includes a gift store where users can buy and manage gifts, as well as a transactional crypto wallet for easy token management and trading.
Key uses of Gifto (GFT) include:
Virtual Gifting: Users can purchase and send virtual gifts to content creators, which can be redeemed for GFT tokens. This allows creators to monetize their work directly from their fans, reducing dependence on advertising revenue.
Staking: GFT token holders can earn additional returns by staking their tokens, which involves locking their assets to receive rewards in GFT.
NFT Management: The Gifto platform allows users to purchase, store, and send NFTs. It also includes a feature to mint new NFTs and supports trading through decentralized applications (DApps).
- Charitable Donations: A portion of GFT's annual inflation (0.5%) is donated to Binance Charity, which works to combat poverty and ensure equal access to education.
Overall, Gifto (GFT) aims to create a more inclusive and sustainable ecosystem for content creators by providing a direct monetization channel and fostering closer relationships between creators and their fans.
To store Gifto (GFT) tokens, you can use the Gifto Wallet. This wallet allows you to safely store both cryptocurrencies and NFTs. Additionally, you can transfer these assets using the wallet. The Gifto Wallet is part of the Gifto project, which offers a comprehensive solution for managing digital assets, including staking and trading.
To buy Gifto (GFT) tokens, follow these steps:
Choose an Exchange: Select a reputable cryptocurrency exchange that supports Gifto trading and operates in your country. Consider factors such as fees, security, and user reviews.
Register and Verify: Register on the exchange's website or mobile app, providing personal information and identity verification documents.
Fund Your Account: Transfer funds to your exchange account using supported payment methods like bank transfer, credit card, or debit card.
Search for Gifto: Once your account is funded, search for "Gifto" (GFT) in the exchange's marketplace.
Enter Transaction Amount: Enter the desired amount of Gifto you wish to purchase.
Preview and Confirm: Preview the transaction details and confirm your purchase by clicking the "Buy GFT" or equivalent button.
- Secure Your Tokens: After the purchase, it is recommended to transfer your Gifto tokens to a hardware wallet like Ledger or Trezor for added security.
Additionally, you can also consider buying a stablecoin like USDT first and then using it to buy Gifto on the spot market for smoother transactions.
