RATE Group | Gifto Reaches Half a Million Transactions on its Cryptocurrency Wallet
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Gifto Reaches Half a Million Transactions on its Cryptocurrency Wallet

Gifto Reaches Half a Million Transactions on its Cryptocurrency Wallet

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Launched earlier this year, the Gifto cryptocurrency wallet has reached one million wallet holders and is accumulating transactions at a tremendous speed. The Gifto wallet was first integrated with the popular live streaming app, Uplive, owned by parent company Asia Innovations Group (AIG). Uplive is a mobile social entertainment app which allows live streamers to monetise their content through the transactions of fun virtual gifts sent to them by their audiences. These transactions can happen both via Gifto cryptocurrency tokens (GTO) and normal fiat currency. AIG followed the success of virtual gifting with the release of Giftomon, the world’s biggest blockchain-based game. Players of Giftomon can use GTO to purchase unique game characters and items, thus contributing considerably to the transactions on the Gifto wallet. Across the two platforms and other apps, Gifto has reached half a million transactions.

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