Chingari goes Web 3. The Indian social networking platform has announced ambitions to revolutionize the experience of its 100 million-user creator economy through the integration of a native digital asset, $GARI.
Indian social networking platform Chingari has announced ambitions to revolutionize the experience of its 100 million-user creator economy through the integration of native digital asset, $GARI, and accompanying cryptocurrency wallet via the Solana blockchain.
Launched in 2018, the platform has grown exponentially over the past few years, amassing over 35 million monthly active users to become the most popular mobile application in the country on the Google Play store. As in the case of TikTok, creators are revered for their entertainment across an array of topics such as lip-synching, belly dancing, comedic sketches and fashion tips, among others.
The team member noted that GARI, a Solana Program Library asset, will be utilized to “connect and transact with their counterparties, place governance votes, and catalyze platform engagement and user base growth", before outlining:
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