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The Gari Network (GARI) is the official token of the Chingari App, India's largest short video-sharing platform, often referred to as the "TikTok of India." GARI operates on the Solana blockchain, offering a unique ecosystem for users and investors. With a circulating supply of 45 million out of a maximum of 1 billion tokens, GARI is utilized for DAO governance, in-app purchases, NFT trading, and more.
Key takeaways:
-Users can tip content creators directly from the video feed using Gari tokens, boosting profiles and posts to reach over 100 million Chingari users.
-Gari holders can access exclusive content on the Chingari platform by staking their tokens on creator pools, enabling them to earn yield and vote on platform proposals.
- The Gari Network operates as a blockchain-powered social network within the Chingari app, offering features like exclusive content locks where creators issue synthetic assets that followers must stake to access certain content.
- Creators can boost their presence on the network to expand their reach and connect with over 100 million users, enhancing visibility and engagement.
- GARI token serves as the main utility and social token for the network, providing fast transaction times and low fees compared to earlier networks like Ethereum.
- The network supports various formats including short videos, social audio,P2P commerce, tech education, and social entertainment technologies, creating a diverse ecosystem for creators and users.
as a popular alternative, attracting over 200 million downloads and 100 million users. The platform supports various content types, including fun, educational, and exclusive influencer content. GARI token holders can engage in governance, tip content creators, and access exclusive features like influencer marketing and NFT trading.
Gari Network include Aptos Labs, a blockchain company that has backed Chingari to enhance its Web3 capability
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