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GISTCOIN is a blockchain-enabled Peer-To-Peer decentralized ledger system for the gamification and monetization of the rapidly evolving Social Media Industry.Gisthouse, The Project behind the Gistcoin Token crowdsale, is an advanced Audio-based Social Media Platform which is monetized and gamified using a decentralized token to provide lasting solutions to major problems in the rapidly evolving Social Media communities.GistCoin will be the official means of exchange in this new Audio Conversation ecosystem.The Core objectives behind the GistHouse Project and the Gistcoin Token sale are:The Audio Conversation based Social Media Platform will be able compensate Content Creators for creating rooms, managing clubs, and imparting users on audio based social media platforms.The Platform will gamify the use of the Audio Social Media platforms by content creators and users by offering different token rewards for different milestones and different actions taken by users of the platform (i.e., for opening accounts, for inviting people to the platform, for achieving followership milestones, to compensate best content creators, reward best room attendees etc.)The Audio Platform users will be able to access premium content by content creators with exchangeable tokensContent Creators can provide premium content to platform users by charging the convertible Gistcoin tokens for different premium content.

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