Users may give virtual presents (images and animations) to content producers, which can then be turned into Gifto Tokens or cash.
Their Ethereum-based decentralised virtual giving protocol may be utilised on a variety of current Internet content publication platforms, including YouTube, Instagram, and Facebook.
Gifto seeks to provide an alternative revenue stream for Internet content providers that want to commercialise their work but find it difficult to do so.
The Asia Innovations Group, a mobile entertainment firm that has had a lot of success with virtual presents, introduced the Gifto initiative.