Video-sharing app Chingari launches new NFT collection whitelist on SolRazr
Nickie Louise
Posted On March 24, 2022
Just a few months ago, video-sharing app Chingari launched its $GARI token on six major exchanges, becoming the first-ever blockchain-based firm to do this! The Chingari app, which is available on iOS and Android, allows users to create, watch, and share short clips and videos (similar to Tiktok) and rewards them with their native $GARI token. Since our last coverage, the Chingari team has been busy working on a new NFT project.
Today, Chingari announced the launch of its new GARI Panda NFT collection whitelist to accelerate growth and maximize value to its online crypto-community. The whitelist is now open on SolRazr. GARI Panda is an Exclusive Collection of 9,999 unique Panda NFTs on SOLANA that brings unique digital and real-world utilities to holders.
With this launch, the GARI Panda NFT has the potential to become a game-changer in the NFT space. Take for example, in 2021, the total NFT marketplace grew to $41 billion. However, there are only a few NFTs that have real-life value. GARI Panda NFT is about to change that.
Chingari NFT collection whitelist
For example, the GARI Panda NFTs will grant access to NFT-only perks which include exclusive access to Chingari Ads Club, music and video streaming revenue share, revenue share from future businesses initiated by GARI DAO, and exclusive access and earning from P2E games.
The list of use cases for the new GARI Panda NFTs is endless including Gari Token staking. For example, members of Chingari Ads Club will get 250 million video views daily, making it a desirable platform for brands and businesses to advertise their products. However, members must own a GARI Panda NFT to get advertising access on Chingari, which will ultimately drive prices on secondary marketplaces higher.
Chingari is one of the fastest-growing video-sharing apps. In 2021, the Chingari app ranked as the number one social media application on India’s top Google Play Store list, attracting over 30 million monthly users. This quick success of the app, which beat other popular social apps such as Youtube and Instagram in India, was further solidified by a $19.84 million public sale of $GARI tokens to South Asian investors.
