Fast-rising short video sharing platform, Chingari, has announced the launch of the revamped Chingari app on Google Playstore and Apple App Store. The most significant element of the launch is the integration of the $GARI wallet into the app. That means that the $GARI token has effectively become the official medium of transaction on Chingari.
The launch comes following successful testing of the functionality of the integration by the Chingari community. During the testing phase, 500 community members used the revamped version of the app and sent and received $GARI tokens. Furthermore, the launch epitomizes Chingari’s growth as India’s most popular video-sharing platform, with over 100 million users.
The $GARI integration allows users and content creators to earn from the platform. Users can now tip content creators using $GARI. Similarly, users can also earn by watching and sharing short videos.
Ultimately, Chingari developers aim to use the earnings feature as an incentive to promote content creation and creativity on Chingari. Also, increased creativity is likely to attract more users to the platform. $GARI launched in October 2021 to great fanfare, with endorsements by influential personalities led by Bollywood star Salman Khan. Khan is also the official brand ambassador.
$GARI’s popularity is not in doubt. It made headlines last week when it launched simultaneously on some of the leading exchanges in the world, including Huobi, FTX, Kucoin, Gate.io MEXC Global, and OKEX. It transacted an equivalent of over $100 million in less than 24 hours following the launch.
Dubbed “India’s Tiktok”, Chingari is a video-sharing platform built on the Solana ecosystem. It uses the same operating mechanism as TikTok and YouTube Shorts, allowing users to create, watch and share short videos. It integrated crypto in 2018, after its initial launch in 2018. Chingari has seen massive growth in its user numbers, with more than 35 million downloads and approximately 100 million users.
$GARI is the native token on Chingari, and it has been around since October 2021. It is an SPL token (operates on Solana) listed on some of the leading cryptocurrency exchanges in the world. $GARI powers the crypto-centric earning model on Chingari and currently transacts an average daily trading volume of more than $50 million.