Binance’s First-Ever Launchpad Token Is Taking Shape, And Why Are We More Bullish Than Ever?

Gifto, the blockchain-based Web3 gifting platform, begins its most promising year with its revolutionary mega-expansion plan, the launch of a new token and the addition of new products to its offering. The project is also actively collaborating with various world-class blockchain projects and has secured funding from several venture capital firms.

Gifto’s original token, GTO, has been on Binance since late 2017, becoming the leading cryptocurrency exchange’s first launchpad. The project has always been a hub for blockchain gift giving via Web3, and in 2022 it began revamping it, adding new saving and earning options and a new logo chosen by the community. The upcoming launch of the new website will reflect the updated branding and image.

Token exchange from GTO to GFT

Gifto’s 2023 roadmap includes GTO to GFT token swap live. GFT launches on the BNB Smart Chain (BEP20), streamlining its previous dual token structure with a 1:1 ratio swap. GFT’s total circulating supply remains unchanged at 1 billion tokens. GTO holders on exchanges like Binance and OKX are supported by the exchanges. Other GTO holders can switch from GTO to GFT manually via the Token Swap portal at [swap.gifto.io] and by following the instructions provided on the website.

Staking and Charity Initiatives

The launch of GFT will introduce an annual inflation rate of 2% over the next four years, with 1.5% donated to staking rewards and 0.5% donated to charity via Binance Charity. The APY for staking rewards varies based on the size of the Gifto staking pool. GFT is one of the few tokens listed on Binance that supports charitable initiatives aimed at reducing poverty and increasing access to education.

Gifto’s Web3 Wallet & Gifto Store

Gifto’s 2023 roadmap includes the launch of a new Web3 wallet on the BNB Smart Chain. Users can store GFT, NFTs and other BNB chain tokens; Access a variety of features including GFT staking, yield farming, a Red Packet gifting system; and support for gift card events on special occasions. Gifto will also introduce the Gifto Store, a marketplace for content creators and fans to sell art and other creations and earn GFT Tokens. Potential future products include Metaverse Gifting, a red packet system for Twitter, a multitasking Telegram bot, and a batch distribution system for NFT gifting. Gifto’s goal is to provide a multifunctional platform for users to make blockchain gifts.

Investments, partnerships and more

Gifto actively seeks partnerships and investments with reputable projects and media companies including Autofarm, Measurable Data Token, Poolz and WOM, which have a strong track record of introducing new users to crypto.

Gifto continues to expand its advisory team with Mr. Guy Oren, CEO and co-founder of Poolz. Joining an already impressive roster of advisors including SE Justin Sun, Loi Luu, Bo Shen, Hitters Xu, Danny Yang, Tom Duterme and Dr. Jin Ho Hur, who have been advising Gifto since 2017.

In addition, Gifto continually participates in AMAs to further Gifto’s future plans.

Gifto has also secured funding from various projects, including a $1 million joint investment with Autofarm, and other venture capital firms are joining Gifto.

For more information on Gifto’s plans for 2023, visit www.gifto.io and www.twitter.com/GiftoMetaverse

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