Chingari’s $GARI Token To Make Historic Debut On 6 Top Crypto Exchanges

cryptonews.com:

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

Mumbai, India, 17th January, 2022,

Chingari, the leading video sharing app in India, has achieved another first with the historic parallel listing of its native $GARI token on six of the world’s leading centralized cryptocurrency exchanges. 

Breaking new ground yet again, $GARI has become the world’s first cryptocurrency to launch simultaneously on six trading platforms - Huobi Global, FTX, KuCoin, Gate io, OKEx and MEXC Global.

$GARI is the native cryptocurrency token of Chingari, a short-video sharing platform that now ranks as the number one social media application in India on the Google Play store. The $GARI token was launched in October 2021 amid great fanfare by the company’s Bollywood superstar brand ambassador Salman Khan, and followed up with a record-breaking IDO via its Initial DEX offering on the SolRazr launchpad last month.

The $GARI token is built on Solana, an Indian-developed alternative to the Ethereum blockchain that offers the advantage of much faster transaction speeds and lower associated costs. $GARI is a social token that will empower creators on the Chingari platform to set up their own ecommerce spaces, where they can sell physical merchandise, create non-fungible tokens (NFTs) and enable fans to fund their favorite artists.

The aim is to drive a digital economy, in which users will also be able to obtain $GARI tokens for creating or watching content on the platform.

Chingari is the most popular social media app to experiment with cryptocurrency so far. The app has been downloaded more than 100 million times and counts over 32 million active monthly users, meaning $GARI has the key advantage of being able to tap into