Chingari $GARI – All you need to know about India’s first crypto

Chingari launches India’s first cryptocurrency $GARI

Chingari, a small Indian video sharing platform, has unveiled its first cryptocurrency $GARI at an event in Mumbai. With this move, $GARI has become India’s first cryptocurrency.

The Chingari app was founded in November 2018 by Sumit Ghosh, Deepak Salvi, and Biswatma Nayak. The ban on TikTok was the driving force behind the development of the platform. The platform currently has 50 million monthly users and 78 million downloads.
Firstly The company has partnered with Solona Blockchain to develop a cryptocurrency token. “We view GARI as a social token for Chingari creators. Allowing them to control the future development of the platform through DAOs. Create a circular economy,” the company said in a press release.

$GARI seeks to empower content creators

Sumit Ghosh, co-founder, and CEO of Chingari said $GARI will enable monetization of content in India. The blockchain platform will allow users to earn tokens for creating and viewing content.

$GARI aims to give more powers to content creators

Firstly at a time when the creative industry is booming and creators are becoming the main driver of this revolution. So we believe that creators should be responsible for shaping the platform. Secondly With the launch of $GARI. We are giving power back to users and enabling content monetization to become more popular in India. Chingari’s blockchain platform allows users to earn tokens for creating or viewing content. Thirdly and Most importantly The aim is to monetize the talent of artists with an ethical amount and enable them. In conclusion To give benefit from the social platform. Sumit Ghosh said in a statement.

He further said: “$GARI will be a revolutionary invention for India’s digital and creative economy. The platform will also allow viewers to use $GARI tokens for e-commerce transactions on the platform.

Salman Khan appointed as brand ambassador for cryptocurrency and marketplace NFT Chingari

Salman Khan appoints as the brand ambassador for Chingari’s $GARI rewards program and NFT marketplace. “I am officially launching the GARI token rewards program on the Chingari app and NFT marketplace. Moreover, My NFT videos can purchase exclusively on the GARI NFT marketplace. ¡¡¡¡A new chapter in content creation and monetization!!!! #ChingariKiGari #GariTokens,” the actor wrote on Twitter.

Salman Khan is not the first Bollywood actor to enter the cryptocurrency sphere. Because this month CoinDCX hired Amitabh Bachchan as its brand ambassador.

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