News Roundup- February 12, 2019
Fiat-to-GTO now available in Australia!
Gifto has hit another major milestone with our listing on Infinitex, a new global fiat exchange based in Australia. Thanks to this new listing, our community in Australia and other regions can now purchase GTO directly with AUD. This is our first fully compliant fiat pair in the region and provides an even wider onramp for users new to Gifto. We committed to making Gifto more accessible in Q1 and that’s exactly what we’re doing. Look forward to more news as we strive to put Gifto in the hands of as many users as possible in 2019.
In celebration of the listing Infinitex is holding an event where you can win over 2000 GTO! Join their Telegram (http://t.me/InfiniteExchangeCommunity) for more details.
Chiense New Year’s E-Commerce Sale!
In celebration of the Chinese New Year, we held a sale on our new E-Commerce platform where users could spend only 21 GTO to get 20% off major products from Cheeseduke, Taiwan’s #1 cheesecake brand. We saw positive reaction to our sale and may even continue the momentum through Valentine’s day so that all the couples out there can share a cheesecake together.
We launched our E-Commerce platform as part of our Gifto 2.0 vision which sees Gifto becoming a mass utility token used in gaming, charity, F&B, and E-Commerce. With the platform being fully integrated into Uplive through the Gifto Wallet, an entirely new channel has been created for increasing Gifto demand as broadcasters and viewers are now able to purchase a variety of goods using GTO directly within Uplive, and thanks to the support of the commerce partnerships we announced in Q3, we’re able to sell many of our products at a discount, further increasing Gifto’s utility. Look forward to future developments in Q1.
We’re now researching where to expand uDiamond-to-GTO next. uDiamond-to-GTO conversion allows Uplive users to convert their uDiamonds directly into GTO at the press of a button, making Gifto more accessible to general users in Uplive. Currently the feature is available in Taiwan and Japan, but we’re looking at other regions ripe for a compliant launch where we will acquire new Gifto users and drive more demand. Let us know on Twitter, Telegram, Linkedin, or Facebook where you think we should expand next.