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At its core, Gifto is a decentralized virtual gifting protocol designed for content creators navigating the often challenging waters of monetization. Built predominantly on the Ethereum blockchain, the platform serves as a conduit for fans to reward their favorite creators with virtual gifts that can then be transformed into Gifto Tokens ($GFT) or fiat currency.
What distinguishes Gifto from conventional gifting platforms is its innovative ecosystem comprising a user-friendly Web3 wallet, an NFT marketplace, and a staking platform. Through this intricate framework, users can seamlessly create, save, and send blockchain gifts. Moreover, the raising of funds through staking and yield farming provides users with an additional avenue to earn rewards, fostering a vibrant community of content creators and consumers.