Chingari launches Creator Cuts, first video NFT marketplace

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Chingari, the world’s fastest-growing on-chain social app, has launched a video NFT marketplace known as Creator Cuts.

Creator Cuts is the first-ever video NFT (v NFT) marketplace where marquee videos from Chingari’s top creators will be minted and sold as video NFTs.

The new vNFT marketplace provides a novel and innovative way for creators and holders of top-rated vNFTs to earn daily income in GARI, Chingari’s native token.

While Creators on the Chingari app can mint their own videos and sell them on Creator Cuts, holders of these video NFTs will get 10% of the Creator’s daily GARI earnings.

Creator Cuts up close and personal

Announcing the launch today, CEO Sumit Gosh 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…”

https://twitter.com/GariToken/status/1561664738257358849

Chingari allows you to create, mint, buy, sell and trade your original video clips as NFTs on Creator Cuts using the Gari token.

Each video has a unique price determined and assigned by Chingari’s algorithm based on the creator’s activity within the app. However, both Chingari users and non-users can purchase vNFTs.

About Chingari

Since its inception in 2018, Chingari has become the world’s fastest-growing on-chain social network. It is also one of the top 20 most downloaded apps with 130 million+ engaged users and 5 million+ daily active users.

The home-grown social media app has become the number one destination for entertaining and engaging videos in 15+ languages worldwide.

About GARI social token

Chingari is powered by GARI, the world’s biggest social token. It is one of the top two projects on the Solana Blockchain by the number of holders.

The GARI token enables short-form video creators to monetize their content on the Solana Blockchain.

Within 6 months, GARI holders have surpassed the 1 million mark, with 1 million active wallets expected within the next three months.

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