Social Token App, Chingari unveiled its' first-ever crypto token, "$GARI" in Mumbai on 17 October 2021.
It was launched by the brand ambassador of the tech start-up, Salman Khan. Chingari claims to be the first social network in India to have issued crypto tokens.
With this launch, short-video application Chingari has stepped into the world of cryptocurrency with its crypto token "GARI". A fungible blockchain token, GARI will serve both “as a future in-app currency and a governance token," the company said. The token will be built in partnership with the Solana blockchain.
Source: www.news18.com
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