[ANN][GFT] 🎁 GFT - platform for e-gift cards built on the Stellar network 🎁

[GFT]

Please read the Service Termination Announcement

TL;DR Don't have time to read the details? Watch our short promo videos. ► 2THE.PUB - How to send a gift    ► 2THE.PUB - For venue  owners GFT NETWORK WEBSITE   ∙  TREASURY CONCEPT   ∙   PROMO TOKENSALE   ∙   2THE.PUB DEMO   ∙   COMMUNITY FORUM Read this post in: Chinese (zh) ∙ Filipino (fil) ∙ Hindi (hi) ∙ Indonesian (in) ∙ Portuguese (pt) ∙ Vietnamese (vi) ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Bitcoin and mainly all other crypto-currencies were originally designed to replace the fiat currencies. And one of the most widely used affirmations on crypto-coin forums back there was "Soon you will be able to buy a morning coffee with cryptos." Today we are making it happen. With GFT you will be able to pay for coffee, dessert or lunch — anything you like. No hassle. No commissions. From your smartphone. In seconds. NEW AGE OF E-GIFT CARDS GFT Network is a platform for e-gift cards built on the Stellar ledger. We offer comprehensive SAAS solutions and worldwide payment settlement for B2B and B2C business with unique conditions: no setup fees, commission-free, zero ownership cost. DIGITAL GOLD STANDARD GFT token is an asset for e-gift cards issued by GFT Treasury, which guarantees its value. Tokens will be fully backed by USD on the corporate bank account to maintain a 1GFT=1USD exchange rate. Read more about GFT Tokens and Treasury concept. TRUE POWER OF BLOCKCHAIN   Transactions on the Stellar network are almost instant (4s average). When you transfer GFT tokens you only pay the Stellar transaction commissions which is currently 0.00001 XLM (about 0.000002 USD). Better than credit cards? Definitely! WE DON'T SELL A DREAM, ONLY SOLID TECH   It's not an ICO project. The platform, web services, API and SDKs have been thoroughly tested, documented and are ready to use. GFT is not a next "super featured generic blockchain." It was designed to meet the requirements of the gift cards industry. WHAT IS GFT TOKEN GFT (gift funding token) is a blockchain asset for e-gift cards. GFT IS An asset on the Stellar network. It can be traded, transferred to other Stellar accounts or exchanged. And of course you will be able to buy a gift card for GFT tokens. Issued by GFT Treasury, which guarantees its value, so anyone will be able to exchange it for a corresponding USD amount 1GFT = 1USD after Funding Phase 2. Designed to serve as a "fuel" and universal measure of value for e-gifts and loyalty program solutions. Freely circulated and freely exchangeable. It's not tied to our services, you can buy/sell it on public exchanges if you like. GFT IS NOT Not a new "mega coin that will definitely substitute the fiat currency and disrupt all markets". There are a lot of them already. We highly recommend Stellar. Not mineable. You can not "mine" GFT tokens, only purchase them using our services or on the public exchange. Won't make it "to the moon"! It will be strictly tied to USD, so the it won't bring you 10 000% revenue. However, you can make up to 400% solid profit on token presale. Not an opensource project. All the code and services are maintained by the GFT Foundation. API and widget docs will be publicly available. SDK source code will be published on the GitHub. 2THE.PUB SERVICE E-gift cards for meals and drinks all over the world 2THE.PUB is an international platform that allows to send a gift card for drinks and meals (any position from the menu), and lets the recipient use it at any restaurant / cafe / bar connected to 2THE.PUB network. Any person can treat a friend to a glass of wine, a cup of coffee or a delicious lunch, regardless of whether they are in another part of the city or thousands of miles away. Try it yourself, visit 2THE.PUB. Or watch promo on our YouTube channel: 2THE.PUB - How to send a gift, 2THE.PUB - For venue  owners. Learn more about our platform on the GFT Network website. Participate in promotional tokensale. Why e-gift cards? What so special about them? Try our full-featured solution for restaurants, bars, and cafes: 2THE.PUB. Learn more about our plans, see events roadmap. Feel free to ask any questions regarding the platform and services here or join our community forum.

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1715280509

[Dlugina23]

Ico or minning?

[kutangterbang]

Please make the announcement more detail, because this announcement is far from complete

[GFT]

Please make the announcement more detail, because this announcement is far from complete

Already working on it.
Thank you for your interest.

[GFT]

Ico or minning?

Neither. An asset on Stellar blockchain.

[topikopey]

any bounty social media or promote on other forum ?

[GFT]

any bounty social media or promote on other forum ?

Yes, visit https://gft.network/resources/bounty

[thepo1m]

Roger Ver should be interested in this project, he wants Bitcoin to be used to pay for Coffee. I haven't seen want this project brings to the table that makes it different from most Altcoins in the space

[alextlg]

this looks interesting project

[GFT]

Roger Ver should be interested in this project, he wants Bitcoin to be used to pay for Coffee. I haven't seen want this project brings to the table that makes it different from most Altcoins in the space

The key difference is the business model.

GFTs will be fully backed by USD on the corporate bank account (hello, Tether). So we will be able to make automatic instant payouts in USDs to venue owners for the redeemed gift certificates including cross-border transactions. Fixed GFT price (1GFT=1USD) allows b2c business operate freely. High volatility is one of the main obstacles that prevents crypto-payments from spreading.

Another great feature for business (I'm talking about restaurant owners in this case) is our totally free fully-featured SAAS solution.
It's incredibly cool, because when you are paying 100$ by your credit card, the recipient receives exactly 100$-worth gift, and the business owner receives exactly 100$ on his bank account when the certificate is redeemed.

You see, there's is a trick with gift certificates which makes them so interesting for business. About 5 to 12% of all paid gift cards are never redeemed. We are using this difference to cover all USD transfer costs:
- Credit Card charging fees (1.5-4%)
- International transfer fees (0.2-1%)
- ACH/Wired payout fees (1-3%)

Of course, the more transactions platform process, the lower bank fees will be.

The most intricate part of that business lays in the field of finances, not the technical implementation. It was a challenging task to create such complex and flexible SAAS platform. But the real challenge is to make everything work with international transactions. There are a lot of restrictive policies, such as Know You Customer policy, Anti-Money Laundering and Countering Financing of Terrorism Act, European Union Fourth Anti-Money Laundering Directive and many other local laws that make international transfers far more complicated than they should be.

And we don't want to "disrupt the market". It's a large multi-billion industry. We introduce both b2b and b2c solutions. Simple and completely free SAAS services for small business (see 2THE.PUB and EasyGifts solutions), tailored solutions for enterprise customers and our "platform+finance" services with really low fees for e-gift integrators (there are a lot of them, market is highly fragmented). Win-Win for everyone.

That's what makes our platform really unique.

[simrac]

I hope this project will successful,  i will buy some coin and hold least 1 year i see this is good coin .
Sound roadmap amazing ,too application, good luck

[AuroraDao]

How long has this project been in development?

[Machina_US]

will we received a free coins or like stellar we have to hold a bitcoin in a certain day an we can claim for the coins ?

[GFT]

How long has this project been in development?

We've started active development early Q1 2016. Originally this project had nothing to do with cryptos. We used credit card processing and bank API, and it was ok for the local business. We decided to look at blockchain more closely at the end of 2016, when we dig dipper and found the real prices on cross-border payments. Our services and platform originally were designed as cross-border solutions.

Ethereum was the industry standard, Lisk looked promising, but after detailed examination we dumped them in favour of NEM. Relatively fast transactions, custom assets, nano-client, API.
Official JS SDK was not published yet, so developers had to vivisect nano client sources. It took us a long three months to create a working prototype.

But soon NEM price jumped up and we had to throw away all our work because on-chain transactions with assets became too expensive (appx 0.5 USD per transaction), so depending on the case every full transfer between the gift buyer and business owner costed us 0.5 to 2 USD (which is unacceptable for micro-payments).

And then we discovered Stellar. Completely free custom assets, 3-5s transactions 0.000005 USD per each, federation API, beautiful SDK and API, large community.
We completely moved from NEM to Stellar in 4 days. And it's definitely the best solution on the market in our case.

[GFT]

will we received a free coins or like stellar we have to hold a bitcoin in a certain day an we can claim for the coins ?

There will be no free coins. We don't plan any give-aways except the bounty program.

As soon as we arrange all details there will be two pre-sale phases.

During the first phase 5 000 000 GFTs will be sold starting from 0.2 USD per GFT.
During the second phase the initial price will be appx 0.55 USD/GFT.

Shortly after the Treasury fund will be filled up (all finances gathered from the pre-sale will be exchanged for USDs and placed to the GFT Foundation bank account) GFT price will be bind to USD. After that everyone will be able to exchange GFT for USD with the 1:1 rate via Treasury or any public other exchange.

[GFT]

any translation bounty? i m resrving spanish

Visit our bounty campaign thread.

[GFT]

We're happy to announce that GFT promotional tokensale is live!

Distribution amount: 3,000,000 GFT
Exchange rate: 0.25 GFT/USD (75% off promo!)
Presale ends Aug 25 2017 00:00 GMT

You can purchase GFT tokens directly on our website (BTC, LTC, ETH, ETC, DASH, XMR, XRP and other purchasing options available) or on the Stellar distributed exchange (you'll need a Stellar account for this option).

[homnix]

Join the project, I have high hopes for it!

[pumz]

I saw 2% is already sold out of the presale tokens at $ 0.25. What I must say at start is website is looking nice but I didn't succeed to find about the people behind this project. Would you attach some basic information of team running this project or company registration if there is any ?

[GFT]

What I must say at start is website is looking nice

Thanks 
Personally I admire our designer, he is a new Salvador Dali, in my opinion.
Have you visited our 2THE.PUB service? To my mind, it's a masterpiece.

I didn't succeed to find about the people behind this project. Would you attach some basic information of team running this project or company registration if there is any ?

Totally agree with you, team info is a must for any project description. We will definitely publish detailed information on all executive team members.

Our CEO insists that first we have to close all open C-positions and finish parent holding company registration before publishing. It can take some time because, as far as I know, we have some difficulties finding local CFO for our Swiss headquarter. As we stated earlier, GFT Network is more a financial organisation than tech startup; that's why our lawyers enforce strict data disclosure rules.