We’re continuing to open up wallets to Uplive app users and are currently on track to hit one million wallets by the end of the month. Once we hit one million wallets in Uplive, our focus will shift towards user education and onboarding to frequent Gifto usage, as many users are still unfamiliar with crypto-currencies and how to acquire and use them.

Why are wallets important? Because without them, you can’t have a user actually use a crypto-currency in your application. So think of our wallet, and our methodical deployment to millions of users in Uplive, as a fundamental step in growing wider adoption of Gifto in dApps.

Going for gold — one million Gifto Wallets

Business Development: Investigating new blockchain tech

The integration of Gifto into Uplive and creation of 500,000 wallets has shown us the key challenges dApps face in gaining consumer adoption, including:

KYC (know your customer) technical requirements

On-chain transactions speeds

Media storage

User education & onboarding

Based on these learnings, we’ve begun investigating the viability of new, unique blockchain technology which could add tremendous value to the Gifto ecosystem and further spur mass adoption of Gifto-powered dApps. This focused pursuit of blockchain technology, which zeroes-in on real problems discovered in launching Gifto in Uplive, is part of our secret sauce to long-term success. In the coming weeks, expect to hear more about this initiative.

Marketing: Preparing big announcements end of June at BOF

The team is cranking in preparation for the Blockchain Open Forum in Seoul, South Korea, on June 28th and 29th. This is one of the biggest global blockchain conferences in the most advanced crypto market in the world, where thousands of token-buyers from all over the world get to meet each other, thought leaders, and the teams behind the tokens. Household crypto names such as Ripple, NEM, OSA DC and PAYX Foundation will be attending, and our entire Beijing team will be there to show off exciting progress in development of the Gifto platform.

We’re also partnering with BOF to officially launch our crypto-content platform “Uplive CoinUp”, which will host crypto media, influencers, projects, and businesses on Uplive as their primary streaming platform, where they can benefit from usage of the Gifto wallet.

For more info: Blockchain Open Forum Website (URL)

This is one branding concept — design work in progress!

Product: Building the Decentralized Gifting Protocol

Gifto.io — The platform for gifting

In two weeks www.gifto.io will expand from being an information site to a place where users can actually use Gifto outside of Uplive and discover Gifto dApps. We’re staying hush-hush about what exactly we’ll be launching, but suffice to say it’s a step forward for our vision of the Decentralized Gifting Protocol in the whitepaper and will have huge “wow” factor.

We’re hard at work making Uplive virtual gifting for global social media stars

Uplive

We’re now just days away from releasing a major upgrade to the Gifto wallet which enables withdrawal of GTO to another on-chain wallet. We continue to be meticulous with how we roll-out Gifto technology and are especially sensitive about security, and wanted to complete a security audit of the wallet before enabling withdrawal.

Also, Uplive in iOS will soon finally have Gifto! We’re now just waiting on Apple’s App Store approval, which should land within the next week or so.

Giftomon

Our crypto-game is under heavy development and still aiming for broader release in July. Despite being a very early alpha build, we already have many addicted players. With the major upgrades we’re making, Giftomon is shaping up to be a true crypto-hit.

Wicked new Giftomon characters are coming!

Team

Gifto has been on a hiring frenzy and we are about to refresh our site with many new team members. We currently have over 50 full-time Gifto team members working on our whitepaper vision for decentralized gifting, implementation of Gifto in Uplive, and blockchain games. More than half of our team is on the technical side — building core blockchain, wallet, gifting, and game technology.

Snapshot of our new “team” section on the website — it gets outdated every week!

We also have a team of 9 in Korea, arguably the most advanced crypto market in the world, and a place where very few blockchain projects actually have an on-the-ground presence. Beyond Korea, AIG global has offices all over the world and these resources also support Gifto operations.

So yeah, we’ve got a BIG, technical team working on Gifto, and most of it has been developing blockchain technology and applications.

But if more than half of the team is building technology, how will we level-up our marketing?

We’re working on that, too. Over the past two weeks we’ve made five hires and there are several candidates in the pipeline who will be joining soon, with a strong emphasis on marketing and social media. Beefing up our marketing has been the #1 ask of the community, and we made the long-term investment to hire amazing new talent to help drive this.

News from Gifto Korea

GIFTO Spoke at the 10th Global Startup Conference

Dylan Park, Head of Gifto Korea, spoke at the 10th GSC on June 14th on “Reverse ICO Strategies of Startups.” Dylan Park pointed out that almost 50% of last year’s ICOs failed, largely because many projects lack business experience and failed to build profitable business models. Other notable figures such as Roger Ver (CEO of Bitcoin.com) spoke at the conference and discussed how startups from various fields can adopt blockchain technology.

Dylan and the Gifto Korea team ran an hour-long Q&A session after the event, which reflected the startup community’s interest in Gifto.

GIFTO KOREA WEEKLY LIVE STREAMING — JUNE 7TH

GIFTO Korea weekly live streams via Uplive (Link: goo.gl/gGJUyB) . On June 7th, Dylan Park, Head of Gifto Korea streamed to Gifto investors and Uplive users, covering topics such as our hitting of the 500,000 wallet-holder milestone, and why achieving this milestone is a crucial moment for the project. He also gave answers to questions regarding fees in Uplive, which have recently been been raised by the community. Although the broadcasting was relatively short, over 800 viewers participated.

Please follow Uplive Gifto Korea Official Channel (UID: Seouloppa) to get notification on next week’s live streaming.