Cryptocurrency gifto
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Cryptocurrency gifto
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- Convert 319 SOL to USD, How Much is 319 Solana in United States Dollar
- What Is Gifto – Decentralized Universal Gifting Protocol
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- Coin Market Cap – CryptoCurrency Gifto GTO
- Why Gifto Is The Next Big Thing In Cryptocurrency
- It’s still too hard to give crypto this holiday
- Review of Gifto (GTO), A Decentralized Gifting Protocol
Convert 319 SOL to USD, How Much is 319 Solana in United States Dollar
Crypto took huge steps toward the mainstream this year. Bitcoin soared in value, Coinbase went public and VCs poured even more money into the industry. In case consumers didn't get the message, they'll surely notice when the Staples Center turns into Crypto. But the industry is largely missing the biggest opportunity for cheap, viral promotion over the holidays — by letting consumers give loved ones crypto or NFTs as a gift.
With the supply chain wrecking shopping lists, it would seem like a great time to capitalize on instant, virtual presents. It's unlikely to happen. The options currently available are often too technical, requiring education and coordination to make the gift happen — hardly the formula for a surprise stocking-stuffer.
A recent study by NORC at the University of Chicago found that nearly two-thirds of consumers were at least slightly familiar with cryptocurrencies like bitcoin. But only about a fifth of consumers have purchased or traded crypto, the NORC study reported. This shortfall comes at a critical time for the industry as it gears up for a PR and marketing offensive ahead of widely expected regulation.
Cryptocurrency as a concept is now widely known, but consumers still generally view digital assets with skepticism, and they face intense scrutiny from regulators and policymakers. Coinbase, the largest crypto marketplace in the U. Customers can log in to their account, pick a crypto asset amount, provide the email address of the recipient and send the gift.
It's a formula for spreading a new fintech product that hearkens back to PayPal, which didn't require recipients to have an account before someone could send them money via email. But the recipient then needs to set up an account on Coinbase, which hosts the wallet that will receive the crypto. A new marketing campaign that's expected to roll out this holiday season aims to make crypto an even more accessible gift.
Blackhawk, the payments company famous for the racks of retailer-branded gift cards found in supermarkets and drugstores, is working with a major crypto marketplace to make a crypto gift card available in popular retail outlets.
It's not the first time someone's tried to offer a crypto gift card, but those products and the companies behind them have mostly vanished, sometimes with a trail of customer complaints. Blackhawk, which spun out of the Safeway grocery chain in , brings a solid reputation with consumers and distributors. Blackhawk declined to disclose the partner it's working with. But Tristan Roffey, Blackhawk's vice president for strategy and business development, said the rollout "has the potential to kind of demystify crypto for a lot of consumers through a form factor that they know and trust, which is a gift card.
Blackhawk also recently announced a partnership to let users of Bakkt's crypto exchange app buy, send and redeem traditional digital gift cards from retailers, including DoorDash and PetSmart. The gift cards will be denominated in U. Blackhawk's plan would make crypto gift cards available to more consumers through traditional brick-and-mortar chains like Safeway and Home Depot. But the upcoming Blackhawk initiative also underlines the complexities of crypto.
The gift cards will not actually represent crypto tokens. Instead, they will have a value in dollars that can be redeemed for cryptocurrencies through the partner exchange. To redeem the gift card, the recipient would have to create an account on the exchange and then receive the equivalent value in crypto. The crypto gift card "provides consumers an easy entry point to a relationship with the exchange," Roffey said.
Roffey said when he and his team began talking about rolling out a crypto gift about two years ago, the idea was met "with mild enthusiasm and some pause. NFTs have exploded in popularity, and could offer more promise as holiday gifts. Like a piece of art, the value is more subjective. But giving a token which represents ownership of a unique digital good is still more challenging than wrapping a picture in a frame. NFT marketplaces have not built out the infrastructure to make giving easy for unsophisticated consumers.
Conceptually, nonfungible tokens were designed with the idea that ownership could be transferred. But gift-givers face a lot of technical hurdles. Most NFTs are sold on the Ethereum blockchain where the "gas" or transaction fees are high. Many NFT buyers have expressed surprise at spending more on gas than on the actual token. And as with crypto tokens, giving an NFT requires dealing with where to store it.
Wallets, whether hosted by an exchange or held by an individual in software or hardware, are a necessity to hold crypto, so they're key to making a gift.
If someone buys an NFT for a gift on an open marketplace such as OpenSea, they have to ensure that the recipient has a wallet to receive it. Moments are designed so buyers don't have to think too hard about crypto wallets; they're easy to buy with credit cards or bank transfers. Still, givers have to hold a Moment for seven days before giving it away and must have 10 Moments in their account, a rule the company implemented to prevent people from creating multiple accounts to snap up newly issued Moments.
A new Top Shot user will have to jump through hoops to give these NFTs — not a great recipe for spur-of-the-moment giving. There are other subtle aspects to giving NFTs. Many see them as more than a certificate of ownership — NFTs have become social signifiers. Gift-givers need to think about those implications, and whether the recipient will be keen on joining in on the online fun. A gift could turn into coal if there's a flash crash in crypto, something that's happened repeatedly with the volatile currencies.
As with physical art, the value of NFTs is largely subjective and speculative. And several celebrity-themed NFTs have crashed in price recently.
And if the price soars, the recipient could face an unexpected tax bill. Rogers, a former Apple executive, said it will take time for crypto and NFTs to become the kind of products that are easily gift-wrapped for the holidays.
A year from now, honestly, let's have this conversation. I bet it is times easier than it is today. Welcome to Shopping Week.
The supply chain struggle is real. Online shopping scams are rampant. How the chip shortage ruined your holiday shopping. Why shoppers are boycotting Amazon, even when it's hard. Stressed over your Thanksgiving turkey? Is it time for some innovation in returns? Supply chain hell: One man's long wait for a new keyboard. The pandemic keeps changing ecommerce.
That makes fraud harder to fight. Livestream shopping has made the leap from China to the US. Woot co-founder Darold Rydl on creating a shopping event out of thin air. It's time to rethink Black Friday. How the pandemic changed Black Friday for good. Here's what your mall will look like in the metaverse. Supply-chain woes and Gen Z are driving a boom in secondhand gifting. But companies are facing pressure to change.
Retailers are hungry for your email address this holiday season. Here's why. Why the supply chain crisis was so impossible to predict. Benjamin Pimentel benpimentel covers crypto and fintech from San Francisco. He can be reached at bpimentel protocol. Tomio Geron tomiogeron is a San Francisco-based reporter covering fintech. He was previously a reporter and editor at The Wall Street Journal, covering venture capital and startups.
Before that, he worked as a staff writer at Forbes, covering social media and venture capital, and also edited the Midas List of top tech investors. He has also worked at newspapers covering crime, courts, health and other topics.
He can be reached at tgeron protocol. David Pierce pierce is Protocol's editorial director. He owns all the phones. Then, Issie Lapowsky joins the show to discuss what Spotify can and should do about Joe Rogan, and why platforms keep having the same content issues. Like anything worthwhile, it takes work, lots of flexibility and a whole lot of trial and error.
Annette Reavis is chief people officer at Envoy, a workplace platform that helps modern workplaces manage hybrid work. In November of last year, I started a new position at a company that creates great hybrid workplaces. Our San Francisco office has been open since last June, and our community is growing and thriving as we get to know each other.
We operate on two principles: 1 making workspaces where people feel safe and comfortable and 2 the belief that people do their best work together and in person. Bringing people together helps us flex our community-building skills.
But thanks to omicron, everything old is new again. A former colleague recently asked how I help my people cope. It takes determination and trial and error. And most importantly, learning from those errors. Three things I stress with my people team: first, flexibility; second, a business plus mentality; and third, work-life blend. In December, we asked office workers across the country how their companies could do better during this pandemic.
What would empower them as employees? Which benefits, if any, would impact whether they stay or go? Nearly half agree that the freedom to split time between the workplace and home and the ability to choose which days to come in are extremely important, right up there with traditional work benefits like matching k plans or paid time off.
What Is Gifto – Decentralized Universal Gifting Protocol
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Cypress is a campus high-performance computing powerhouse. How cut-and-pasted programming is putting the internet and society at…. Missed Out on Ethereum? Buy This Cryptocurrency Now The…. Libra was originally slated to launch within less than a year. Two and a half years later, the project renamed Diem last year has officially unraveled after various setbacks and regulatory pressure made it impossible to get off the ground. He added that the group believes its work on Diem will inform future projects that could « deliver the benefits that motivated the Diem Association from the beginning.
Coin Market Cap – CryptoCurrency Gifto GTO
Gifto is one of the primary application tokens launched in It was launched on the Binance launchpad, and many innovations have since been released, including the largest crypto wallet for mass market use, the most active blockchain game for users, and other applications for mass consumers. Gifto Chain and Wallet is jointly developed by global technology, operations, partnerships, and community. However, GTO has decreased by 0. The daily time frame gifto crypto news of Gifto GTO is shown below.
Why Gifto Is The Next Big Thing In Cryptocurrency
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It’s still too hard to give crypto this holiday
For starters, the team behind Gifto started Uplive, which is a massively popular streaming platform. Gifto is said to be a decentralized gifting protocol, which is a concept popular on streaming platforms. If you look at platforms like Uplive, Bigo and Twitch, all of them allow gifting of items by viewers to streamers. It is also a great source of income for some streamers. In fact, Uplive claimed in their video that their top streamers earn USD 50, a month, which is insane.
Review of Gifto (GTO), A Decentralized Gifting Protocol
Live streaming services, where content creators can broadcast their talents to a worldwide live audience, have taken social media by storm in recent years. In Asia, the popularity of live-streaming services is sky-high. Despite this, monetizing live streaming services has remained particularly problematic, especially when attempting to make payments fair and transparent for content creators. Established in Taiwan in , Gifto is a decentralized virtual gifting protocol, which incentivizes its users to buy and send gifts to content creators worldwide.
Buying GIFTO with credit card instantly is the most simple and effective way to purchase new generation alternative assets. GIFTO is a decentralized cryptocurrency that revolves around giving gifts. First of all, altcoins are usually very volatile - this means that their price fluctuates quite heavily, and it is possible to make a good profit while trading them. Also, by buying an altcoin, you support the technology and the project behind it. Select the cryptocurrency you want to purchase and the fiat currency you will be paying in. Specify the crypto amount you want to buy.
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Not always, sometimes even earlier =)
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