This article was first published on Stories by Gifto Official on Medium
A look at what’s been done and what’s Ahead
A message from the team:
In Q4 the team shifted emphasis from the Gifto wallet core technology to real-world use cases tied to the Gifto vision, including deeper integration in Uplive, charity, and the release of the CoinUp crypto-content platform. Our efforts to continue to bear fruit with transactions reaching 2.6 million in Q4, representing an increase from Q3, even though the crypto market contracted significantly. These transactions are real, organic and indicative of the momentum Gifto is building towards mass adoption. Our work validates the industry’s belief that blockchain technology heralds a new era of disintermediated experiences and reinforces our vision of an online entertainment landscape redefined by the Gifto token. Supporting this vision, we extended our fiat-to-GTO onramp by expanding uDiamond-to-GTO conversion to Japan, and implemented highly requested features for Gifto in Uplive such as GTO leaderboards and the ability to earn Giftomon in Uplive.
As proud as we are of our momentum, we acknowledge that the industry remains mired in a “crypto winter,” and that Gifto is not immune to its negative effects. The entire industry has experienced a freefall, and many projects have downsized or shuttered their doors permanently. The days of high-minded whitepaper visions being met with astronomically high speculative valuations are over. The challenge now is for projects to bring value to the industry that is based on real usage, not just potential, and we believe Gifto is well-positioned to drive real industry value through our ecosystem.
We would like to reassure our tokenholders that no matter the state of the industry, we are committed to mass adoption of the Gifto token, and the team is pooling resources across all of AIG in order to develop the Gifto wallet, implement our partnerships, and expand fiat-to-GTO gateways. Our ...
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Stories by Gifto Official on Medium