Why I hold GIFTO - (GTO)

in #bitcoin6 years ago

grif.png

Gifto is a platform that allows users to curate, create, buy, sell and trade digital gifts across any platform. All you need to do is copy and paste a link, no programming skills are required.

Gifts can be anything from virtual lipstick, dresses or handbags to complex animations or virtual Lambo's or cascading rose petals.

It has the biggest installed user base of any coin on the market. 100 million users upon launch!

Gifto (GTO) is on target to hit 25 million transactions per month. They are testing the token on YouTube, Facebook and Instagram. That will give them access to 4.3 billions users of those platforms too.

Andy Tian who leads the project was responsible for rolling out Google's Android software in China, as well as 'Farmville' that was bought by Zynga. Andu is also in partnership with the BInance CEO Changpeng Zhao. I believe these two were friends prior, so that will help a lot and fills me with confidence.

Andy Tian is the CEO of Uplive, which is a live streaming mobile application with over 20 million users. Uplive launched the cryptocurrency 'Gifto', a decentralized universal gifting protocol or in short 'virtual gifting'.
I downloaded the Uplive app earlier this year, and have seen the adoption, I not only see mainly Asians using it now, it is spreading across the world.

Gifto recently tweeted this:

"We are proud to say that we had over 2.5 million GTO transactions within our ecosystem in Q3! No airdrops, just real users and real engagement!"

You can see below how Q3 went for them:

GTO Q3.png

I have been cost averaging down all year, as my entry was a little high. These are one of those projects that I believe are quietly working away in the background, they have not gone anywhere.

What do you guys & girls think?

The current Gifto price $0.06 is a 119.08% increase from it's all time low price 2 months ago.

Gifto's highest price was $0.90 this was achieved on Saturday, January 13th 2018.

The current Gifto price is a 93.05% decrease from it's all time high price 10 months ago.

Have faith people, we are in bear market!

#crypto #gto #gifto #uplive #cz #dapps #dapp #smarteconomy #paypal #blockchain #steemit #hodl #steem #steempower #solar #wind #electricity #consensus #bitcoin #cryptocurrency #cryptocurrencies #btc #funfair #eth #etc #aion #eos #smartcontract #verification #softwaresecurity #erc20 #erc20tokens #protocol #ethereum #gifto #gas #neo #omisego #devcon #lambo #moon #investors #investment #institutions #databasing #database #decentralised #longtermhold #hold #buyitnow #buy #longterm #portfolio #goldmansachs #priceprediction #forecast #curie @curie

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What is the real value here? You gift virtual gifts to people, that's all?

Posted using Partiko Android

The value is in their user database. Virtual gifting is HUGE, just like trading gaming skins is. Look at games like Candy Crush, people get obsessed.

But you only get a virtual gift, right? There's no real tangible value

Posted using Partiko Android

There was no tangible value in Ethereum when it was $7 a coin either

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