In 2020, Chingari disrupted the influencer and video creator economy by sharing 30% of the revenue earned on the platform with the creators. This was during a time when content creators had limited avenues to earn from their work on other social media platforms. Taking another step ahead with the launch of our token GARI, we further disrupted the creator economy by enabling creators and digital artists to earn in crypto for streaming their content and skills.
Chingari users have been enjoying Chingari coins for over a year and the adoption metrics have been astounding. Their familiarity with token mechanics predicts a smooth learning curve while switching to fully-blockchain tokenomics with more alternative monetisation opportunities coming to the platform.
GARI Mining
GARI was introduced as a social token for the community of Chingari creators and viewers that will give them governance authority over the future platform developments through the Community Reserve and create a circular economy. Being distributed to the contributors for the platform value they created, GARI on the other hand benefits from the value of the network itself. Distribution of the tokens to the contributors will be done through a process of ‘Gari Mining’ and contributors will be known as “Miners”.
As the creators and users increased multifold on our platform, we are now enabling Live and Audio features in the Chingari app under the GARI Mining program. Gari Mining program is an extensive program where the users on Chingari are incentivized for participating in the creator economy.
A pool of 50,000 Gari has been created out of the community reserve every day, out of which 5000 will be set aside for the daily login bonus. The remaining 45,000 GARI will be rewarded to the users/creators for doing in-app activities including gifting, auio activities, inviting users on the app (Below is the full list of activities through which GARI token can be mined). Moreover, the users/creators will additionally be rewarded for the continuous login streak.
Below is the full list of in-app activities through which the GARI token can be mined by the users/creators.
For all the above-mentioned activities, the contribution will be considered for all the users to airdrop the Gari token. As evident from the names, these activities are core metrics of the Chingari users/creators. Using the daily data for all the users, a ‘contribution score’ will be generated for each individual, the basis of which the Gari token will be airdropped in their wallet. Any Gari wallet user can become a Gari miner and earn rewards for their contribution to Gari Ecosystem.
Visit Mining Guidelines here
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You’ll find all the official links within this link
