21 October 2021

India's first Social Crypto Token, Chingari's "$GARI" launched.

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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