Gari Network has crossed the mark of 2 million token holders in just eleven months of its integration into Chingari, a web3 short video app with over 170 million downloads, thereby emerging as the second largest project on Solana blockchain in term of people holding the token.
Gari is the native crypto token of Chingari project, rewarded to users and creators for viewing, commenting, and uploading videos on the app. Since its launch in February 2022, the Gari crypto token has attracted 600k token holders within three months. 1 million token holders were registered on the app on August 2, 2022, and now it has surpassed the 2 million milestones.
The 2 million user milestone indicates continuous adoption of the Chingari app among the new users. With the launch of initiatives like video NFT Marketplace, subscription plans, audio rooms, and Gari mining, users now have access to a wide range of options to monetize their content.
Chingari, powered by Gari token is a prominent on-chain social app entertaining 160M+ users who witness videos in 15+ languages. The platform has more than 5 million Daily Active Users (DAU) and 40 million Monthly Active Users (MAU).
