2. $GIFT Token
2.1 Token Name and Symbol
The native token of the GiftBlox platform is called GiftBlox Token, and its symbol is GIFT.
Network: Solana
Token Mint Address: CY1S552oAeuh8JveBx1vpJHeuGCPycT64niuGHBUREgN
2.2 Token Standard
$GIFT token is SPL compliant, ensuring compatibility with Solana-based wallets and exchanges.
2.3 Total Supply
The total supply of $GIFT tokens is capped at 1,000,000,000 CMT
2.4 Token Distribution
10% Tech, Development ( Locked in Pinksale )
20% Marketing and Partnerships (Locked in Pinksale )
10% CEX Listings ( Locked in Pinksale )
20% allocation in Raydium pool ( Liquidity locked for 180 days )
40% Presale
2.5 Taxes
Buy - 0%
Sell - 0%
2.6 Security
Freeze Authority renounced
LP Locked
Mint Function revoked
2.7 Price Stability
Premium plans - Premium plan customers should hold $GIFT tokens to take advantage of discounts for Giftcards. More token you hold, more discounts you will receive.
A portion of the fee received for the entering the auction are burnt on a regular basis
Giftcard Lottery - Users will be participating in Lottery pools where they can win giftcards. To enter lottery, there will be a fee. Portion of it will be used for buyback and burn.
2.8 Use Cases
$GIFT tokens can be used for:
Entering Giftcard lotteries
Getting discounts on Gift cards
Governance and decision-making within the $GIFT ecosystem.
Staking for additional rewards.
2.6 Governance
Token holders will have the ability to influence platform decisions through a decentralized governance system.
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