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Chingari records 2.3X spike in scale in FY23, losses shrink 70%

Video sharing mobile app Chingari recorded 2.3X surge in scale in the last fiscal year. The platform saw over Rs 112 crore being contributed by operations the same year. Previously in FY22, it witnessed a revenue of Rs 49 crore.

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Short video app Chingari, one the few TikTok rivals, on Friday announced that it has crossed 107 million downloads on Google Playstore. Chingari had recently tied up with multiple platforms for unique entertainment and engagement collaborations, which includes association with celeb-based apps, digital content providers and video-sharing platforms in Indian languages. #chingari #tiktok #chingariapp #india #trending #dance #explore #roposo #video #comedy #indianapp #insta #mxtakatak #maharashtra #chingaristars #mumbai #dboss #contest #tiktokindia #marathi #talent #instagram #stars #madeinindiaapp #desiapp #creators #bollywoood #chingarians #chingaritrending #influencer (at India) https://www.instagram.com/p/CmjCiPfqCT-/?igshid=NGJjMDIxMWI=

Gari launched in October 2021 by its brand ambassador Salman Khan, this India’s first ever indigenous cryptocurrency token has gained massive popularity since day 1. Owned by Chingari - a made in India short video application, GARI aims to monetize creator’s talent and empower them via social platforms. Within 24 hours of launch, the public sale of GARI raised about $40 million.

Adopting and being partnered with Solano blockchain technology in the Web3 ecosystem, the transaction takes place in no matter of time and charges lower transaction fees. GARI runs in a proof of stake blockchain and also uses a new technology called Proof of History. With 30.5 million active content creators worldwide missing $6 billion revenue each year, GARI is believed on monetisating these talented creators.    

Uses of Gari (GARI)

GARI is a public, open-source blockchain that supports smart contracts, including non funglible tokens ( NFTs ) and a variety of decentralised applications. It attempts to process transactions at speeds akin to large, centralised giants holding on to its decentralised characteristics. GARI uses a 256 bit secure hash algorithm ( SHA - 256), set of proprietary cryptographic functions that output a 256 bit value. The network periodically samples the number and SHA - 256 hashes, protecting real time data according to set of hashes individual on central processing units. Relying on a unique combination of Proof of History ( PoH ) and Proof of Stake ( PoS ) consensus mechanisms, GARI holds Proof of History as its movement from the Solano protocol. PoH ensures the blockchain's trustlessness by keeping track of successful operations and the amount of time that has passed between them..

Interesting Facts about Gari (GARI)

Chingari platform, the owners of GARI tokens are the first in creating a video NFT market worldwide accessible. They have also launched pay per view feature with GARI tokens being the mode of payment. Tipping for the artists while watching them perform live on this platform has given a wide big base for GARI tokens.

A total of 55.4 million creators from India on media behemoths could’ve generated a $653 million just over last year with expertial guidance on monetization of their content. Chingari with launch of GARI aims to generate the $5 billion yearly in upcoming years with 40 million active content creators.

Tokenomics :

Token Name         :  GARI

Short Name         :  GARI

Total Supply       :  1,000,000,000

Circulating Supply   :  198,157,535

How to Buy Gari (GARI) ?

Follow the below steps to Buy Gari,

Create a crypto trading account with Koinbazar global cryptocurrency exchange platform.

Complete your KYC verification process.

Add your bank account

Start to buy GARI with Tether (USDT) & Indian rupees (INR)

GARI/INR -> https://koinbazar.com/trade/GARI_INR

GARI/USDT -> https://koinbazar.com/trade/GARI_USDT

To make your GARI coin trade anywhere, anytime with the great trading experience with koinbazar Android and iOS app.

Chingari in association with MyGov promotes the HarGharTiranga initiative: Urges users to create videos celebrating India’s 75th Independence Anniversary.

https://gracesofa.blogspot.com/2022/08/chingari-in-association-with-mygov.html

Media-tech soars high as the sector records 212.9% rise in funding to $2.1 billion in 2021

Media-tech soars high as the sector records 212.9% rise in funding to $2.1 billion in 2021

As gaming, short-form video apps and digital video platforms clock a rise in both userbase as well as time spent, the media technology (media-tech) space gets renewed interest from investors. Funding in the media-tech sector recorded a 212.9% rise to $2.1 billion in CY2021 as compared to $671.1 million in CY2020, according to data provided by Tracxn Technologies. The sector has raised a total of…

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Chingari App से पैसे कैसे कमाए (5+ तरीके) | Chingari App Se Paise Kaise Kamaye

Chingari App से पैसे कैसे कमाए (5+ तरीके) | Chingari App Se Paise Kaise Kamaye

Chingari App Se Paise Kaise Kamaye: हेलो दोस्तों आज हम Chingari App से पैसे कैसे कमाए. इसके बारे में बात करने वाले हैं. अगर आप Short Videos बनाते हैं, तो आपको पता ही होगा कि जब इंडिया में टिकटॉक बैन हुआ है, तो बहुत सारे नए और पुराने Short Videos ऐप पॉपुलर होना शुरू हो गए और उसमें से एक एप्लीकेशन Chingari App भी है. जिस तरह पहले टिकटॉक एक बहुत पॉपुलर शॉर्ट वीडियो एप्प था. उसी तरह Chingari App भी…

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