PRESS RELEASE: Gifto Migrates to V2 Following Security Incidents – Token Swap Now Extended to April 31, 2025

in #gifto4 months ago (edited)

April 11, 2025 – Community Update

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Following a series of coordinated attacks that compromised the Gifto project’s token contract and social media channels, Gifto has officially completed its migration to a more secure version of its token, known as Gifto v2 (GFT v2).

The transition comes after months of disruptions and failed recovery attempts. In response, the Gifto ecosystem has integrated with the GOTG (Got Guaranteed) security framework to rebuild trust and deploy stronger protective measures.

Here’s what holders need to know:
Gifto v2 is live, featuring upgraded security and tokenomics.

Existing holders of GFT (BEP20) are required to migrate their tokens to GFT v2.

The swap ratio is 1:1 and must be done in a single transaction—subsequent swaps from the same wallet will not be allowed.

The official migration portal is hosted by GOTG Vault: https://gotgvault.io/migrate/gifto-v2-swap

Originally planned for an earlier cutoff, the swap deadline has now been extended to April 30, 2025, due to exchange restrictions that affected users in certain regions.

After this date, the original GFT (BEP20) will no longer be supported.

Additional Notes:
The Gifto team is preparing for a new website launch.

GFT v2 listings are expected soon on Binance and KuCoin.

The only verified community group at this time is on Telegram: t.me/Gifto_ENG

For updates, follow the official Medium blog: https://medium.com/@gifto.io

This upgrade marks a major turning point for Gifto and reflects broader efforts across the industry to strengthen user protections. Gifto holders are strongly encouraged to complete their token swap before the deadline to avoid losing access to their assets.

This is not an official statement from the Gifto team, but a public awareness update shared by a member of the crypto community.