Monday, November 21, 2022

Chingari, Announces A New Monetisation Plan For Its Creators And Users


* Chingari To Offer Three Different Subscription Plans To Its Creators & Users For Content Monetisation

* Creators and users will be offered Daily, Weekly and Monthly subscription plans for monetisation for as low as Rs. 20

* Subscription plans will allow the creators & users to withdraw their earnings directly into their bank account

Chingari, the world’s fastest-growing on-chain short video app today announced a new content monetisation plan for its creators and users. Under the aegis of this new initiative, Chingari offers three subscription plans on a Daily, Weekly and Monthly basis for Rs. 20, Rs. 100 and Rs. 300 respectively. This subscription plan will enable Chingari’s community to double their earnings collected through the Gari mining program and allow complete withdrawal during the active subscription period. 

It is pertinent to note that under its Gari mining program, Chingari rewards its creators and users native crypto token, GARI for doing in-app activities like uploading, watching, liking, commenting, and sharing videos which can be traded on crypto exchanges and later withdrawn into the crypto wallets. However, under its new subscription plans, creators and users can withdraw the earnings directly into their bank accounts, making it a friction-free and completely seamless process. 

Sumit Ghosh, CEO & Co-Founder, Chingari, “Content monetisation still remains a serious challenge for millions of the creators and this new subscription plan is a giant leap forward for offering an accessible solution to them to monetize content. This is another step towards the democratization of the creator economy where micro and nano-influencers from tier 2 and tier 3 cities of India can also monetise their content at a minimal cost. Moreover, the users who all the major platforms have completely ignored are also getting rewarded in real cash for using the Chingari app. We are proud that Chingari is the only app in the world to empower its creators and users at this massive scale.” 

About Chingari: Chingari, powered by GARI is the world’s fastest-growing on-chain social app. Chingari’s eclectic platform entertains 160M+ users across, and witnesses videos in 15+ languages. Chingari has more than 5 million Daily Active Users (DAU) and 40 million Monthly Active Users (MAU). The app has been downloaded more than 170 million times across the Play Store and is amongst the top 20 most downloaded apps worldwide on Google Play. Over 200 million videos are being watched on the app on a daily basis.

About GARI Social Tokens: Gari token is the World's biggest social token. Chingari’s native token, GARI enables short-form video creators to monetize their content on the Blockchain with the GARI token. Gari token has received great enthusiasm from the community with almost 1.5 million GARI holders in a record time of just 8 months from launch. With this growth rate, we are expecting active wallet users to reach 2 million in the next three months. GARI token has become the top 2 Projects on the Solana blockchain in terms of the number of holders.

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