Chingari; the world’s fastest- growing on-chain social app launches the first ever video NFT marketplace, Creator Cuts

● Creators on the Chingari app can mint their videos and sell them on Creator Cuts to earn multiply their revenue stream
● Holders of these video NFTs to get 10% of the daily GARI earnings of the creators
August 23, 2022: Chingari, the World’s fastest-growing on-chain social app today announced the launch of its revolutionary new offering, Creator Cuts. Representative of the company’s commitment to fostering and proliferating the creator economy, Creator Cuts is the World’s first-ever video NFT (v NFT) marketplace wherein marquee videos from Chingari’s top creator’s will be minted as video NFTs.

Creator Cuts is aimed at not only empowering the creators with a unique financial and community engagement opportunity but will further enable to community to connect with their favourite creators by owning a piece of their unique art, while also being able to derive monetary benefits from the same.

Buyers of these NFTs will get 10% of the daily income in Gari earned by the creator on the engagement they receive on their videos on the Chingari app. A unique price has been assigned to every video depending on the activity of the creator on the Chingari app. These NFTs can then be bought by anyone (Chingari user/non-user).
Speaking at the launch of Creator Cuts Mr Sumit Ghosh, Co-founder & CEO, Chingari and GARI token said, “At Chingari, empowering and enabling creators to engage effectively and intrinsically with their community has been the cornerstone of our success since our inception. We believe in the immense potential of the Creator Economy and are wholly committed to its growth and democratisation across the spectrum. Towards this, we are always innovating and creating unique programs and propositions which lie at the cross-section of popular culture, ecosystem growth and our business priorities. The introduction of Creator Cuts is one such unique initiative which empowers the creators as well as the community to not only form deeper connections but also grow together in the truest sense of the term.”
Creator Cuts : nft.chingari.io About Chingari:
Chingari, powered by GARI is the world’s fastest-growing on-chain social app launched in 2018. The home-grown app has emerged as the one-stop destination for entertaining, engaging videos across diverse categories such as dancing, singing, transformation, innovative skills, etc. Amongst the top 20 most downloaded apps globally, Chingari’s eclectic platform entertains 130M+ users across, and witnesses videos in 15+ languages with over 5 million daily active users.
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 1.1 million GARI holders in a record time of just 6 months from launch. With this growth rate, we are expecting the active wallet users to reach 1 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.