- -Chingari has made a breakthrough in the metaverse with the release of an NFT collection ‘GARI Panda’.
- -The firm has previously announced that it has decided to apply for a pre-sale whitelist that was held on the SolRazr IDO launch pad. Chingari’s NFT collection will consist of NFTs from the Solana blockchain ecosystem. In particular, it is stated in the explanations that it consists of 9,999 NFTs hosted in this ecosystem.
GARI Panda NFTs will be featured on March 31st, with a public release and release. Chingari company also stated in its statements that it has determined the initial retail price of 2 SOL coins in this regard. In particular, half of this NFT collection has emerged, reserved for the GARI and SOLR communities. Chingari also stated that he has goals for the company to become a decentralized content creation platform. It is also optimistic about approaching its goal of becoming such a platform.
- -Similar to TikTok’s model, Chingari has done some work over the past three years to attract users in the Indian market. In these efforts, the company has distinguished itself by rising to fame to attract more than 35 million users. This platform, which has been on the agenda to share 30% of revenues with content creators, continues to work to increase its user base to 200 million by the end of this year.
- -These types of companies, with their entry into the emerging virtual world, will need to enable content creators to experience the latest and most trending technology (metaverse). GARI Panda NFTs will provide superior performance in the user experience, aiming to serve as a core driver of the Chingari-verse. Therefore, will offer many features that will not only improve the user experience but also create opportunities to increase revenue.
- -According to a detailed description of the value proposition, these NFTs will emerge offering users a free membership within the Chingari ecosystem. It is also known that this membership will last forever. In addition, GARI NFT holders will also be included in the percentage obtained from GARI DAO and Panda merchandise stores.
- -More importantly, it is stated that there will also be invitation parties for the beneficiaries who have joined the Chingari Panda club, where they can meet the important names in the Bollywood industry and their favorite content creators virtually. Only these persons will participate in this party. Chingari is also considering jointly collaborating with music and video streaming platforms to provide premium access to the NFT community.