WHAT IS GIFTO PROTOCOL IN A NUTSELL

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Backed by Asia innovations Group (AIG) ,the company behind Uplive, a live-streaming content platform, Gifto is a blockchain project that allows for the creation and customization of virtual gifts items fr content creators across its own platform Uplive and other major social networks like Instagram, Facebook, Youtube etc

The whole of the internet consists of one thing:content, different content fit to different audience,the creation of such content comes at the cost of time and money, many content producers have to rely on revenue from ads or sponsorship deals, many of which is meagre,there exists also the barriers to gift content creators receiving virtual items like the scarcity problem, duplication of created items, transaction cost, redemption of such items and many more

Uplive till date has paid over $100 million in revenue to content creators, processes over $25 million per month in virtual gifts and a global user base of over 70 million people,Uplive is pushing its operation by adopting blockchain for the creation, curation, management and redemption of these virtual gifts

The platform consists of those who are content producers(have a following/userbase and produce desirable content), content consumers(individuals who consume contents from content producers), content curators(their role is to ensure that virtual gifts are not against accepted standards)

To incentivized network paricipants,80% – Content Creator,5% – Gift Creator, 2% – Gift Curator, 10% – GIFTO Protocol –to the platform treasury(to help with funding all business operations that comes with the platform),3% – Reward Pool – This is paid out periodically to users or network incentives for certain actions

To purchase these virtual gifts one is required to own gifto tokens Gifto leverages blockchain to enable the creation of immutable virtual items(assets) that can hold value across multiple content platforms and a mechanism for self-governance within the ecosystem. Gifto is the first project to utilize the Binance launchpad for its crowdsale services

FEATURES

Virtual smart gift : leveraging smart contracts virtual gifts can be customized and assigned unique attributes including scarcity, tradeable combinable, interactiveness, randomly generated etc

GTO tokens : it will be the sole currency for all virtual gift transactions,one can send and receive tokens and it will also be used to incentivize network participants

Gift store: Content lovers and fans can shop for their favourite virtual gifts in the gift store

Gift inventory : fans and content producers alike can use leverage it to hold their virtual gifts

GIFTO wallet : users can use it to hold their gifto wallet

Gift portal : to help gifto content contributors with the creation,curation and management of gifts

TEAM

Andy Tian CEO : Graduated from MIT with Bachelors in Computer Science,Andy is the group CEO of Asia innovation group and the former general manager and co-founder of Zynga China,he had previous working experience in google china,he introduced Android in 2016 to China

Daniel Yeh CEO of Taiwan Asia Innovations Group Serial internet entrepreneur. Award-winning mobile app developer.Inventor. Payment expert. Blockchain enthusiast. National Chengchi University MBA

ADVISORS

Bo Shen : founding partner of Febushi capital and Invictus innovations the team behind Bitshares
Others include Loi Luu Co-founder at Kyber Network, Hitters Xu Nebulas & Antshares (NEO) founder, Tom Duterme Google, Youtube Executive, Justin Sun Tron Lab Founder

The TEAM PORTFOLIO OF PRODUCTS

AIG’s portfolio of products include:
PengPeng ,the first gamified social chat app in Asia,amassing over 40 million downloads;

Uplive :the live-streaming platform with highest monetization,on track for USD$100 million in revenue for 2017,with over 20 million downloads since its launch in June 2016;

BigCat, the #1 original YouTube Content maker in South East Asia, with 150 million views per month on YouTube, attracting 11 million unique viewers per month;

Superfans, the #1 fans app that allows fans to follow their favorite stars social media activities,amassing over 10million users since launching in 2016;

50+ of the highest quality mobile HTML5 social games, which have accumulated over 30 million users worldwide.