Salman Khan launches Chingari’s first ever crypto-token $GARI – Moneycontrol.com

Salman Khan launches Chingari’s first ever crypto-token $GARI – Moneycontrol.com

File image (Image: Reuters)

File image (Image: Reuters)

Making his way further into the NFT and cryptocurrency space, Bollywood megastar Salman Khan recently unveiled $GARI, the first-ever crypto-token launched by micro-content, short video application Chingari, along with announcing his collaboration with the app as a brand ambassador for its NFT marketplace and token reward program in a tweet.

Speaking at the occasion, he said, “The creators are shaping the future of entertainment. With the incorporation of the $GARI reward program, the creators will further get motivated to create newer and more engaging videos on the Chingari app. It’s going to be an interesting journey hereon.”

With this foray, Chingari, which currently offers customized videos, an extensive song library, hyper-realistic AR filters, and content in more than 20 languages and has around 50 million monthly active users and almost 85 million downloads to date, has reportedly become India’s first social network to issue crypto tokens.

Notably, the token will be built in partnership with the Solana blockchain. Raj Gokal, COO of Solana Labs mentioned how collective ownership
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