Chingari is an India-focused social media application that aims to empower those publishing content on the platform using its native social token, GARI. GARI is a Solana-based token used as an in-app currency, as well as within Chingari's "watch-2-earn," "engage-2-earn" and "play-2-earn" features. Additionally, the cryptocurrency serves as the platform's governance token, enabling holders to vote on Chingari's future development.
Before introducing the GARI token, Chingari used a centralized token to facilitate its monetization features and to reward its more than 33 million users. Thanks to its integration with the Solana network, the app now supports various smart contract-enabled features, including nonfungible tokens, token staking and DAO governance. Chingari's investors and partners include Galaxy Digital, CoinFund, BlackPine and AngelList.
