Gari NetworkPrice

(GARI)

Gari Network is a blockchain-based project designed to transform the creator economy by integrating Web3 technology into social media. It serves as the official network for Chingari, a popular short-video sharing platform based in India that is often compared to the functionality of TikTok. The project aims to empower content creators and users by providing them with direct ways to monetize their contributions and engagement without relying solely on traditional advertising models. The native token of the ecosystem is GARI, which was originally built on the Solana blockchain and has since expanded to support other networks like Aptos. Within the Chingari app, the token functions as a multi-purpose utility and social asset. Creators can use it to monetize their work through features such as digital tips from fans, exclusive content gating, and live streaming interactions. One of the unique features is the Creator Pool, where fans can stake tokens to support specific influencers, aligning the interests of the creator and their community. For audiences, the Gari Network introduces several earn-to-engage models. Users can receive tokens for watching videos, liking content, and commenting, which encourages active participation within the app. These tokens can then be used to purchase virtual gifts, access premium audio rooms, or buy educational courses through the platform's social commerce and ed-tech initiatives. Governance is another core pillar of the Gari Network. It operates as a Decentralized Autonomous Organization, or DAO, which allows token holders to propose and vote on future updates, feature changes, and the overall roadmap of the ecosystem. This structure gives the community a voice in how the platform evolves over time. Beyond social video, the project incorporates non-fungible tokens known as NFTs. The platform allows creators to turn their videos into NFTs that can be traded on an internal marketplace. It also features a gaming zone where users can play interactive games and use their tokens for in-game activities. The project was founded by a team of Indian entrepreneurs including Sumit Ghosh and Biswatma Nayak. Since its launch, the Gari Network has focused on bridging the gap between traditional social media and the decentralized world, aiming to provide a more equitable revenue-sharing model where creators keep a larger portion of the value they generate. By combining short-form video, live streaming, and decentralized finance, the network seeks to establish a comprehensive Web3 social ecosystem. Learn more

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