Chingari Edges Close to the Metaverse with NFT Collection Launch

The TikTok equivalent of India’s market, Chingari, is scheduled to make its metaverse debut. On the SolRazr IDO launchpad, the project has officially launched its NFT collection ‘GARI Panda,’ which is presently on presale. GARI Panda has 9,999 unique digital items that will be crucial in the development of the Chingari-verse.

Chingari Edges Close to the Metaverse with NFT Collection Launch

This continuing presale event will end on March 31, paving the way for GARI Panda NFTs to be sold to the general public. According to the distribution timetable, half of the GARI Panda NFTs will be sold via presale, with the remaining 5,000 allocated evenly for the SOLR and GARI communities.

GARI NFT collection launch is an important milestone in the platform’s road to becoming a completely decentralized environment, with the metaverse gaining traction in recent months. This short-video-sharing software has approximately 35 million monthly users, the majority of them are from India. They also just raised $15 million from Republic Capital in a fundraising round.

Chingari will be able to expose its users to the metaverse thanks to GARI Panda NFTs, giving them new chances to monetize their work. Unlike most NFT collections, which have a speculative value, GARI Panda NFTs will provide Chingari producers access to a variety of advanced capabilities and exclusive access.

Lifetime free access to Chingari’s metaverse, voting rights, Chingari Panda club membership, and unique interaction privileges with renowned content creators are just a few of the notable features. Additionally, GARI Panda NFT owners will be eligible for a portion of the GARI DAO’s revenue.

Chingari plans to use GARI Panda NFTs into their advertising platform in the future

Gari

Brands that want to advertise their products will need to obtain these NFTs first. The project will also create partnerships with prominent music and video streaming companies in order to provide premium content to the NFT community.

Most significantly, GARI is planning to launch an NFT staking feature, which will increase income production prospects for GARI Panda NFT holders. The native $GARI token, which is already being used as an incentive asset for content creators and fans on Chingari, will be awarded to NFT stakers by Chingari-verse.

Despite the fact that the metaverse is a relatively new notion, Chingari’s interest in this rapidly expanding virtual world is not coincidental. Other major social media networks, such as Facebook, have expressed interest in joining the ecosystem.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

Follow CoinCu Youtube Channel | Follow CoinCu Facebook page

Annie

CoinCu News

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

Recent Posts

Bitcoin Trader Turned $100M in His 20s—Now Reveals 5 Altcoins to Build a $50M Portfolio, With Memecoins Leading the Way!

As Bitcoin reaches unprecedented heights and the market surges, he's highlighting five altcoins poised for…

12 minutes ago

Which Crypto Will Explode in the 2024-2025 Bull Run?

With the crypto market reaching new peaks, many are eager to discover digital currencies poised…

18 minutes ago

Dogecoin and Shiba Inu Approach $1, but All Eyes Are on XYZVerse’s Push to $10!

XYZVerse, blending sports passion with meme energy, is set to make a significant impact, uniting…

25 minutes ago

Will Bitcoin Crash or Soar Past $105K in 2024?

Will Bitcoin Crash?" seems to be one of the most controversial questions, as the price…

2 hours ago

The Best Crypto for Passive Income? 10% Weekly Gains and 20% Final Surge—Qubetics Mirrors Cosmos’ Early Success!

There’s always that one coin people wish they hadn’t overlooked. For many, Cosmos ($ATOM) is…

2 hours ago

Cosmos Developer Interchain Foundation Sold 3000 ETH Today

Cosmos Developer Interchain Foundation sold 3000 ETH from its ICO today, totaling 21,600 ETH sold…

3 hours ago

This website uses cookies.