Bitbns, one of India’s largest crypto exchanges, is now the first Indian exchange to have listed Chingari’s GARI token on 18th January 2022 on its platform. Bitbns has 400+ cryptocurrencies listed on their platform with crypto deposits and withdrawals available for all the listed coins/tokens. GARI has now joined this wide array of crypto assets, available for trading, buying, and selling.
Chingari is essentially a Creator Economy in Web 3.0 powered by blockchain which aims to make “dreams come true” by helping talented creators light their inner “talent ki Chingari”. It is India’s most popular Short Video App which facilitates a platform for short-form video creators, to monetize or incentivize their content on the blockchain via the GARI token.
Chingari is India's fastest-growing short-form video app with more than 40 Million+ users. When a creator creates content on Chingari, they are rewarded with GARI Tokens. With the raging “Make in India” concept intact, Chinagari is the first-ever truly Indian content creator-based platform to be felicitated with the “Atmanirbhar Bharat Award.” The community backing this platform is also known as the “Chingari Fam”, which has witnessed the appearance of stars from Kareena Kapoor to Johnny Lever.
GARI is a social token developed exclusively for the community of Chingari creators that provides them governance and authority regarding the platform’s developments in the upcoming future through a DAO and creates a circular economy.
The incentivization of content seeks to motivate creators to produce genuine content while keeping viewers engaged with transparent tipping features, exclusive content, and direct participation in the operations of the platform.
GARI is based on the Solana blockchain, backed by Solana Labs. It is capped at a total supply of 1 billion GARI tokens and has an unlock structure in place to support 200-300 Million in circulating supply at the end of its first year.
Advertisements