Wednesday, June 25, 2025
No Result
View All Result
CONTACT
First Crypto News
  • News
  • Bitcoin
  • Ethereum
  • Industry
  • Market Updates
  • Price
  • Coins
  • Press Release
  • News
  • Bitcoin
  • Ethereum
  • Industry
  • Market Updates
  • Price
  • Coins
  • Press Release
No Result
View All Result
First Crypto News
No Result
View All Result

Binance’s first-ever launchpad token is taking shape, and why are we more bullish than ever?

by firstcryptonews
January 15, 2023
in Press Release
Binance’s first-ever launchpad token is taking shape, and why are we more bullish than ever?

Gifto, the blockchain-based web3 gifting platform, is embarking on its most promising year with its revolutionary Megaexpansion plan, introducing a new token and expanding its offerings with new products. The project is also actively partnering with various top-tier blockchain projects and has secured funding from multiple venture capital firms.

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

GTO to GFT Token Swap

Gifto’s 2023 roadmap includes the GTO to GFT token swap, which is live. GFT will be launched on the BNB Smart Chain (BEP20), streamlining its former dual-token structure with a 1:1 ratio swap. The total circulating supply of GFT will remain unchanged at 1 billion tokens. GTO holders on exchanges like Binance and OKX will be supported by the exchanges. Other GTO holders can swap manually through the GTO to GFT Token Swap portal at [swap.gifto.io] and by following the provided instructions on the site.

Staking and Charitable Initiatives

The launch of GFT will introduce an annual inflation rate of 2% over the next four years, with 1.5% allocated to staking rewards and 0.5% donated to charitable causes through Binance Charity. The APY for staking rewards will vary based on the size of the Gifto staking pool. GFT is one of the few Binance-listed tokens to support charitable initiatives, aiming to reduce poverty and increase 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 will be able to store GFT, NFTs, and other BNB Chain tokens; access a variety of features, including GFT staking, yield farming, a red packet system for gifting; and support for special occasion gift card events. Gifto will also unveil the Gifto Store, a marketplace for content creators and fans to retail art and other creations as well as earning GFT tokens. Potential future products are metaverse gifting, a red packet system for Twitter, a multi-task earning Telegram bot and a batch distribution system for NFT gifting. The aim of Gifto is to provide a multifunctional platform for users to give blockchain presents.

Investments, Partnerships and More

Gifto is actively seeking 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 team of advisors with the addition of Mr. Guy Oren, CEO and Co-Founder of Poolz. Joining an already impressive roster of advisors including H.E. Justin Sun, Loi Luu, Bo Shen, Hitters Xu, Danny Yang, Tom Duterme and Dr. Jin Ho Hur who have been advising Gifto since 2017.

Moreover, Gifto is continuously participating in AMAs to promote Gifto’s future plans.

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

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

Related Posts

vANY Emerges from Anyswap Rebrand Amid Industry-Wide Compliance Pressures

vANY Emerges from Anyswap Rebrand Amid Industry-Wide Compliance Pressures

by firstcryptonews
June 25, 2025
0

June 24, 2025 – In a move reflecting the broader shift toward regulatory alignment in the cryptocurrency sector, Anyswap has...

The Schwartz: Where Memes Meet Mission on the XRPL

The Schwartz: Where Memes Meet Mission on the XRPL

by firstcryptonews
June 20, 2025
0

🚀 Our Mission To unite the power of community, culture, and crypto through the Schwartz — a meme-driven movement built...

How a $500 Investment in Alaxio Could Turn into $50,000

How a $500 Investment in Alaxio Could Turn into $50,000

by firstcryptonews
June 15, 2025
0

In the crypto world, massive gains have always come to those who enter early — before the headlines, before the...

Bellarium ($BEL) Ranked Among Best Early-Stage Crypto Investments

Bellarium ($BEL) Ranked Among Best Early-Stage Crypto Investments

by firstcryptonews
June 15, 2025
0

As the cryptocurrency market continues to mature, discerning investors are increasingly focused on identifying promising early-stage projects with strong fundamentals...

Globalisation and Localisation: The Strategic Ecosystem Partnerships of ZHGUI Exchange

Globalisation and Localisation: The Strategic Ecosystem Partnerships of ZHGUI Exchange

by firstcryptonews
June 13, 2025
0

ZHGUI Exchange has announced a series of regional partnership initiatives alongside a structural upgrade of its global business network, reinforcing...

Blockchain Research and Innovation: ZHGUI Exchange as a Catalyst for Industry Transformation

Blockchain Research and Innovation: ZHGUI Exchange as a Catalyst for Industry Transformation

by firstcryptonews
June 13, 2025
0

ZHGUI recently unveiled its latest research advancements, formally designating multi-chain interoperability and zero-knowledge proofs as core strategic technologies. Alongside this,...

Next Post
Interest-Bearing Bonds-Backed Tokens: Generate yield using tokens backed by sovereign bonds

Interest-Bearing Bonds-Backed Tokens: Generate yield using tokens backed by sovereign bonds

Recommended

TRON Founder H.E. Justin Sun Announces the Launch of USDD — A Decentralized Stablecoin

TRON Founder H.E. Justin Sun Announces the Launch of USDD — A Decentralized Stablecoin

3 years ago
Atua AI (TUA) Advances Web3 Automation with Grok AI Integration for Smarter Decision-Making

Atua AI (TUA) Advances Web3 Automation with Grok AI Integration for Smarter Decision-Making

4 months ago
Aevolve

#AVEX4LIFE LAUNCHES: SOCIAL MEDIA ELITES JOIN FORCES WITH AEVOLVE ON PRIVATE ISLAND VIP MANSION PARTY IN MIAMI

4 years ago
Mines of Crypto Gems is All Set to Transform the P2E Gaming Space

Mines of Crypto Gems is All Set to Transform the P2E Gaming Space

3 years ago
BANKSY on SOL: You Don’t Need Planning Permission To Build Castles In The Sky

BANKSY on SOL: You Don’t Need Planning Permission To Build Castles In The Sky

12 months ago
Floki Pet World

Floki Pet World Announces IDO Launch, Here’s Why this Could Become the Next SHIBA

4 years ago

First Crypto News

First Crypto News

First Crypto News is the Fastest Crypto News Portal. We Bring the Best and We Bring it Fast.

Bitcoin

Amid Chinese Crackdown, America’s Foundry USA Mining Pool Enters Top Ten Spot

Amid Chinese Crackdown, America’s Foundry USA Mining Pool Enters Top Ten Spot

June 21, 2021

Recent News

Imagen Network (IMAGE) Secures $160M in Bitcoin to Build Decentralized AI Infrastructure at Scale

Imagen Network (IMAGE) Secures $160M in Bitcoin to Build Decentralized AI Infrastructure at Scale

June 25, 2025

Press Release

vANY Emerges from Anyswap Rebrand Amid Industry-Wide Compliance Pressures

vANY Emerges from Anyswap Rebrand Amid Industry-Wide Compliance Pressures

June 25, 2025

© 2020 First Crypto News

No Result
View All Result
  • Home
  • World
  • Science
  • Tech

© 2020 First Crypto News