Topic: [ANN][GFT] 🎁 GFT - platform for e-gift cards built on the Stellar network 🎁 - page 4. (Read 2802 times)

How long has this project been in development?

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

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.

this looks interesting project

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

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

any bounty social media or promote on other forum ?

Neither. An asset on Stellar blockchain.

Already working on it.
Thank you for your interest.

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

Ico or minning?

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.