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35°12′34″N 33°17′17″W / 35.2093977°N 33.2881259°W / 35.2093977; -33.2881259

GIFA Token
GIFA Token coin GIFA Token coin
HeadTail
Denominations
PluralGIFA Token
SymbolGIFX
PrecisionSupports 15 Decimals
Development
Original author(s)Vitalik Buterin
White paperWhitepaper
Implementation(s)2020
Initial release2020; 4 years ago (2020) /
Latest releaseICO Phase II /
Development statusActive
Written inSolidity
Ledger
Ledger start09 September 2020
Circulating supply350,000,000 Tokens
Supply limit20,100,000,000 Tokens
Website
Websitegifatoken.com
GIFA Token is cryptocurrency and peer-to-peer network based on ERC-20 Ethereum protocol. [1]


GIFA Token

GIFA Token with a trademark symbol (GIFX) is a blockchain-based decentralized cryptocurrency incorporated with the trading exchange and a digital wallet that supports 5 major cryptocurrencies mainly Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Tether (USDT) and others. GIFA Token's coin features an Eagle hovering over the rising SUN on the front side (Head) of the coin and while on back side the (Tail) is the World Map.  The eagle is an official emblem of the GIFA Holding Ltd company and the world map enshrined on the coin represents the vision and an interest the GIFA Token willing to serve, globally.

GIFA Token -crypto exchange is domiciled in the Turkish Republic of Northern Cyprus (TRNC) and it backed by the GIFA Holding Ltd an international conglomerate part of GIFA Inc., a Nevada corporation that listed on the Stock Market and registered with MŞ 016778 under the name GIFA Trading Limited. [2] [3] [4] [5] [6] [7] [8] [9]

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GIFA Holding Ltd is a diversified organization with global business interests in a number of promising sectors such as telecommunication, tourism, fintech, Airlines, hospitality, real estate, mining-oil, and media [10]. GIFA Holding Ltd is a mother company that oversight and backs the GIFA Token. GIFA Token as a stable coin aims to provide an inclusive service for all users - new and veteran, internationally.

On 9th September 2020 GIFA Token (GIFX) entered the crypto world with a $1.00 (USD) opening price tag. GIFA cryptocurrency accepts payment methods such as Visa Credit Card, Mastercard, Bitcoin, Bitcoin Cash,Ethereum, Lite coin, Ripple, Tether, and PayPal respectively.

GIFA Tokenization demonstrates a strong emphasis on enhancing user experience, better value proposition, economic decentralization, and improve security features for the crypto traders. The GIFA wallet is a multi-currency digital wallet that used for crypto remittance service and supports different coins include Bitcoin (BTC), it is downloadable from AppStore and Plays tore. GIFA Token is ERC-20 Ethereum-based asset, the popular cryptocurrency, and the blockchain system that uses tokens that can be bought, sold, or traded. The maximum supply of the GIFA token rests at 20,100,000,000 units. [11] [12] [13]

GIFX ICO phase (I)

The 1st Phase of GIFX Initial coin offering (ICO) has been described as an incredible success story for the company. The [14] begun on 9th September 2020 and ended on 9th January 2021 and the next second ICO started from 10th January 2021. According to the official announcement released by the GIFA Holding Ltd stated that during the first period, the company had successfully allocated the tokens and sold over 120 million GIFA Tokens, equaling over $100 million (USD) income for the company and subscribers.

During the same period, GIFA Holding Ltd has entered into agreements and signed contracts with some global and local online-offline entities, service providers, manufacturers (furniture manufacturers and suppliers, car dealers, and retailers allowing GIFA Token to be used as payment for the services and products. Phase 1 has allowed the newly launched GIFA Token to carve its niche in the crypto industry and building strong public support, partnerships and raise capital from institutional investors and funding from token subscribers across the globe, establish GIFX networks across different continents, utilize and engage the latest blockchain technology and digital expertise. GIFA Holding Ltd foreseen the rapid growth of cryptocurrency adoption and therefore adhere to any regulatory compliance of each region.

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Following a successful journey, GIFA Holding Ltd. has decided to embark upon a bright new journey investing heavily in cryptocurrency project. The year 2020 will be remembered in the history of the GIFA business chain as the year of the evolution shifting ‘traditional’ financial systems to a digital world where a new phase of technology-driven markets have the potential to disrupt conventional market strategies, longstanding business finance practices, and established regulatory perspectives—all to the benefit of consumers and broader macroeconomic efficiency. This new and exciting change pushing ahead with the cryptocurrencies as the ‘future of global market strategies’ carry ground-breaking potential to allow, consumers from all over the world, access to global payment systems, anywhere and anytime —in which participation shall access to the new opportunities unleashed by the digital economy, rather than by factors such as having a credit history or a traditional bank account.

Surely that is a powerful proposition and demonstration of a decentralized economy, particularly when the underlying systems for global payments are “fragmented and complex”. The current system of global finance is costly, unreliable, and slow and needs to change and allow the new digital technologies to influence such a change. This is the key underlying reason that GIFA Holding Ltd has embarked upon providing and offering its’ own cryptocurrency (GIFX) with both a platform and the token to assist and facilitate ground-breaking response to meeting individual and business financial needs.

Financing Projects

GIFA Holding as an innovative holding company with many interests dedicated to economic prosperity: Using its skills and knowledge to develop and strengthen its companies. Economic development requires collaboration, to bring together partners, academic institutions, and others to support this growth. It is a horizontally integrated company with activities including finance, insurance, real estate, import/export and tourism. The company uses detailed selection criteria to identify investments. These investments are managed by a select team of experienced investment specialists. Its investing strategies and network of relationships allow it to beneficially leverage those relationships on behalf of its portfolio of companies. '' Our people and our organization represent the ideal business partner for companies and entrepreneurs''. ''We believe our portfolio of companies will be recognized as "best in class" leaders within their respective industries''. [15]

The investments that are represented within these holdings are managed by dedicated management teams who aggressively pursue capital investment opportunities, delegate responsibilities to highly motivated professionals and ensure that incentives are offered upon resulting targets. The management ensures diligent monitoring of financial progress and direct reporting to the board of directors. We implement all the critical initiatives this allows us to deliver operational excellence to every corner of the company and meet or exceed our commitments to benefit an extensive variety of our stakeholders, including executives, investors, customers, suppliers and employees. All of our long-term strategies and short-term actions are molded by a set of core values. To build a strong, sustainable and diversified business enterprise, that is built on a foundation of trust, ethics, and partnerships, and that adds superior value to its, customers, employees and its wider stakeholders.

On 16 January 2019, the GIFA Holding’s subsidiary completed the acquisition of the Grandex FinanceLimited with all its capital stock. The physical address of Grandex Finance Ltd is in the Lefkosa market area, in Northern Cyprus. Mr. Yusuf Kisa is a director of the company, Grandex providing business loans, short term loans up to $10,000 (U.S.). According to Association Press (AP news) and the report released by the Bloomberg stated that Grandex offers the customers fast loan processing without application fees or late payment fees and with average monthly interest rates of about 30% on outstanding balances. Customers are also offered several repayment options and may be able to qualify for higher loan amounts as well. [16] [17] [18] [19] [20] [21]

GIFA Token crypto is also stepping up efforts to finance small-medium businesses and entrepreneurs at the grass-root level in so doing it cutting off the middlemen and intermediate agents, through GIFA Token start-up businesses, new projects such as Purpose-built Retirement Complexes, GIFA Theme Park, 'GIFXZONE' and Incubation and Innovation Centre that provide financial backing and loans to young innovators and graduates with smart business ideas.

Financing Programs:

  • Retirement Complexes
  • Grandex Finance Ltd
  • GIFA Theme Park
  • Global Trading Platform

Over $40million (USD) investment has set aside for the Innovation and Incubation Centre that expected to begin producing results in 2023. About $140 million is allocated for the Global Trading Platform designed to lend assistance to small and medium-sized producers in developing countries particularly in Asia, Africa, and Latin America. Age Investment Strategy: One of GIFA Token's key investment and win-win strategy for the stakeholders, with over $85 million GIFA token investment allocated for financing the future needs of the aging population, with new types and forms of quality lifestyle residences, coupled together with new service technologies. [22]

Institutional Investors

GIFA Token has taken the world by storm, the bullish that seen in recent months was driven by the demand of big players, institutional investors into the market, according to Boltas commercial. [23] The digital currency surged over 502% for the first four months. This week GIFA Token is traded at around $21.76, The cryptocurrency has been around for a little while, but it already began to rise in popularity among mainstream institutional investors mainly from Russia, Ukraine, Nigeria, Turkey, and others regions. Crypto bullish rallies have said that crypto is seen as a hedge against inflation, similar to gold. Today, everyone is fear of being left behind, lot of people now have accounts on various crypto exchanges than before as buying cryptocurrencies is easier than before.

References

  1. https://etherscan.io/token/0x8047C370E7Cc91c9Da483cdc8edac74562e2b1d9
  2. https://www.101jobonline.com/2021/02/gifa-token-aims-to-decentralise.html
  3. https://apps.apple.com/us/app/gifa-exchange/id1534533396
  4. https://tr.cointelegraph.com/ico-101/what-is-an-ico-token-and-how-does-it-work
  5. https://play.google.com/store/apps/details?id=com.gifa.wallet&hl=en_IN
  6. https://www.gifainc.net/
  7. https://www.cbinsights.com/company/gifa-holding
  8. https://www.asl.gg/gifa/
  9. https://www.yenibakisgazetesi.com/gifa-holding-president-reveals-plans-for-gifa-inc-s-12m-building/27952/
  10. https://play.google.com/store/apps/details?id=com.gifa.wallet&hl=en_IN
  11. https://apps.apple.com/us/app/id1532879032
  12. http://165.22.94.141/
  13. https://www.gifatoken.com/assets/announcement.pdf
  14. https://boltascommercial.com/tag/gifa-token/
  15. https://www.yenibakisgazetesi.com/how-to-convert-gifa-token-to-cash/44344/
  16. https://issuu.com/gifatokens/docs/gifa_token_-qas
  17. https://investorshub.advfn.com/Gifa-Token-38859/
  18. https://www.sciencetechniz.com/2021/01/gifa-token-crypto-credit-card-revealed.html
  19. https://www.markaroportaj.com/ekonomi/gelecegin-sanal-para-birimi-gifa-token-h253.html
  20. https://www.roportajmanset.com/ekonomi/gifa-token-kripto-dunyasinda-dikkatleri-uzerine-cekti-h237.html
  21. https://goo.gl/maps/mvZrCM6grJzo6NLN7
  22. https://apnews.com/press-release/pr-globenewswire/280430c2bd295b6b3ac3407fc84cdb83
  23. https://apnews.com/press-release/globe-newswire/f6fb7deec9793d23eb61c066faee8614
  24. https://www.globenewswire.com/news-release/2020/07/24/2067470/0/en/Gifa-Inc-Reports-on-Its-Efforts-to-File-Its-Periodic-Reports.html
  25. https://www.cbinsights.com/company/gifa-holding
  26. https://www.dnb.com/business-directory/company-profiles.gifa_holding_ltd.2c8acc903688b0d274ebc06f5871fb37.html
  27. https://www.bloomberg.com/press-releases/2019-02-04/gifa-inc-announces-acquisition-of-gifa-holding-limited-the-divestiture-of-firefish-private-networks-limited-and-more-recentl
  28. https://www.101jobonline.com/2020/12/gifa-holding-ltd.html
  29. https://cyprusscene.com/2014/09/17/plans-for-disneyland-in-northern-cyprus/
  30. https://haberkibris.com/gifa-holding-call-center-acildi-2015-02-18.html
  31. https://www.sec.gov/Archives/edgar/data/1445883/000109690618000420/gifa.htm
  32. https://boltascommercial.com/tag/gifa-holding/
  33. https://finance.yahoo.com/quote/GIFX/press-releases/
    1. "GIFA, Inc. (GIFX)". Yahoo Finance. Yahoo Finance. Retrieved 4 February 2019.
    2. ↑ "GIFA, Inc. Announces Approval of Name Change". Market Watch. Market Watch. Retrieved 26 September 2018.
    3. ↑ "GIFA, Inc. Announces Approval of Name Change". Globe News Wire. Retrieved 26 September 2018.
    4. ↑ "Company Overview of GIFA, Inc". Bloomberg. Retrieved 9 March 2019.
    5. ↑ "Gifa Inc". bloomberg. bloomberg. Retrieved 15 February 2019.
    6. ↑ "UNITED STATES SECURITIES AND EXCHANGE COMMISSION". Market Watch. Market Watch. Retrieved 1 July 2013.
    7. ↑ "GIFA, Inc. Announces Acquisition of GIFA Holding Limited, the Divestiture of Firefish Private Networks Limited and More Recently, the Acquisition of Grandex Finance Limited". Nasdaq. Retrieved 4 February 2019.
    8. ↑ "GIFA, Inc. Announces [Acquisition of GIFA Holding Limited], the Divestiture of Firefish Private Networks Limited and More Recently, the". Yahoo Finance. Yahoo Finance. Retrieved 4 February 2019.
    9. ↑ "Second Turkish Company on the stock exchange". Investor Hub. Investor Hub. Retrieved 25 December 2017.
    10. ↑ "GIFA, Inc. Announces Acquisition of GIFA Holding Limited, the Divestiture of Firefish Private Networks Limited and More Recently". Bloomberg. Bloomberg. 2019-02-04. Retrieved 4 February 2019.
    11. ↑ "GIFA, Inc. Announces Acquisition of GIFA Holding Limited, the Divestiture of Firefish Private Networks Limited and More Recently, the Acquisition of Grandex Finance Limited". CNN Money. CNN Money. Retrieved 4 February 2019.
    12. ↑ "GIFA, Inc. Announces Acquisition of GIFA Holding Limited, the Divestiture of Firefish Private Networks Limited and More Recently, the Acquisition of Grandex Finance Limited". Globe News Wire. Globe News Wire. Retrieved 4 February 2019.

See also

Wikimedia Commons has media related to Cryptocurrency.


Category:Currencies introduced in 2020 Category:Cryptocurrencies Category:Digital wallet Category:Northern Cyprus Category:Blockchain Category:Computer-related introductions in 2020

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Thank you for your submission to Wikipedia. FireflyBot (talk) 18:02, 19 July 2021 (UTC)[reply]

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