fbpx
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA
Wednesday, October 4, 2023
Online Crypto College
CREATE FREE ACCOUNT
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Regulation
    • Trading
  • Learn Crypto For Free
  • DipSnyper Bot
No Result
View All Result
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Regulation
    • Trading
  • Learn Crypto For Free
  • DipSnyper Bot
No Result
View All Result
Online Crypto College
No Result
View All Result

Chingari Launches Mining Program To Reward App Users With Crypto 

June 14, 2022
in Crypto News
Reading Time: 2 mins read
A A
Chingari Launches Mining Program To Reward App Users With Crypto 
ShareShareShareShareShare

Image source: GARI

Chingari has completed its transition from a straight up social media app to a “create-to-earn” and “engage-to-earn” platform that allows users to earn cryptocurrency by creating videos, sharing them with their fans and watching clips created by others. 

The short video sharing app, which is often described as “India’s TikTok”, began its metamorphosis last year with the launch of its native cryptocurrency, GARI, as part of its mission to provide real financial incentives to its user base. 

With Chingari’s GARI Mining program, the app’s 40 million monthly average users will now be able to earn GARI tokens every single day simply by interacting with the app, creating video clips, liking and sharing other videos, commenting and so on. 

The company will pay out 50,000 GARI tokens from its daily reward pool every single day to users, with 5,000 set aside as a daily login bonus. The rest of the tokens will then be distributed equitably to users who complete various in-app activities. At GARI’s current token price of $0.61, that amounts to a cool $12 million in annual rewards paid out to users. 

Users will have a chance to increase their GARI earnings potential too. Rather than frantically trying to create multiple viral videos per day, users will be able to acquire NFT-based GARI Badges that act as earnings multipliers. Chingari is offering five different badge levels, namely Basic, Bronze, Silver, Gold and Diamond, that multiply user’s earnings by 2x, 3x, 4x and 5x respectively. 

The launch of Chingari’s GARI Mining program is a big deal that could have revolutionary consequences for the social media space. Chingari, which has been downloaded more than 163 million times, is currently ranked as one of the top 20 apps on Google Play. Each day, users watch more than 200 million videos on the app. 

“We promised to democratize the creator economy when we launched Chingari a few years back and GARI Mining is the vanguard of that process,” said Chingari co-founder and Chief Executive Sumit Ghosh. “This program will ensure a level playing field for big and humble creators… they will no longer be at the mercy of brand collaborations as their only source of income.”

There’s reason to believe the Mining program will be popular, as there has been significant uptake of GARI since it launched towards the end of last year. Just three months after its launch, GARI’s active wallet user base has grown to almost 600,000, while the token itself is now ranked third on the Solana blockchain in terms of user adoption. 

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice


Credit: Source link

Related articles

Experts Foresee Bitcoin ($BTC) at $30K Next Month; Whales Dive into Filecoin ($FIL) and InQubeta ($QUBE)

Experts Foresee Bitcoin ($BTC) at $30K Next Month; Whales Dive into Filecoin ($FIL) and InQubeta ($QUBE)

October 4, 2023
Potential Outcomes in the High-Profile Trial of FTX Founder Sam Bankman-Fried – Experts Debate

Potential Outcomes in the High-Profile Trial of FTX Founder Sam Bankman-Fried – Experts Debate

October 4, 2023
ShareTweetSendPinShare
Previous Post

BitMex Founder Arthur Hayes highlights danger of further decline in Bitcoin, Ethereum prices

Next Post

Why Coinbase Will Cut 18% Of Workforce “During Recession”

Related Posts

Experts Foresee Bitcoin ($BTC) at $30K Next Month; Whales Dive into Filecoin ($FIL) and InQubeta ($QUBE)

Experts Foresee Bitcoin ($BTC) at $30K Next Month; Whales Dive into Filecoin ($FIL) and InQubeta ($QUBE)

October 4, 2023

Cryptocurrency mining farm for bitcoin and altcoins mining and golden Bitcoin coin. Bitcoin ($BTC) has been enjoying a bullish trend...

Potential Outcomes in the High-Profile Trial of FTX Founder Sam Bankman-Fried – Experts Debate

Potential Outcomes in the High-Profile Trial of FTX Founder Sam Bankman-Fried – Experts Debate

October 4, 2023

FTX founder Sam Bankman-Fried finds himself engulfed in a whirlwind of legal turmoil, sparking widespread speculation about the potential outcomes...

Redefining Speed in Blockchain Markets

Redefining Speed in Blockchain Markets

October 3, 2023

Chainlink Data Streams have entered mainnet early access on the Arbitrum layer two scaling solution for the Ethereum network with...

Portugal’s central bank chief calls for global crypto regulations

Portugal’s central bank chief calls for global crypto regulations

October 3, 2023

  Centeno stressed the need for international cooperation to establish a robust regulatory framework. He also expressed skepticism about the...

3 Reasons The Bitcoin Price Can Hit $35,000 In October, While This ‘Next Bitcoin’ Token ICO Nears $400k

3 Reasons The Bitcoin Price Can Hit $35,000 In October, While This ‘Next Bitcoin’ Token ICO Nears $400k

October 3, 2023

After an explosive start to the month – which saw major cryptocurrency prices surge – the crypto market is experiencing...

Load More
Next Post
Why Coinbase Will Cut 18% Of Workforce “During Recession”

Why Coinbase Will Cut 18% Of Workforce "During Recession"

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Chainalysis Idling 150 Employees As Chill Of Crypto Winter Persists – Forbes

Chainalysis Idling 150 Employees As Chill Of Crypto Winter Persists – Forbes

October 3, 2023
Valkyrie likely pressured not to buy more Ethereum futures

Valkyrie likely pressured not to buy more Ethereum futures

September 29, 2023
OpenAI in early talks to collaborate with Jony Ive on AI rival to the iPhone

OpenAI in early talks to collaborate with Jony Ive on AI rival to the iPhone

September 29, 2023
Another Crypto Offering Bites the Dust: Industry Response to Chase … – The Fintech Times

Another Crypto Offering Bites the Dust: Industry Response to Chase … – The Fintech Times

September 30, 2023
The Trial of Sam Bankman-Fried: Key Points to Understand

The Trial of Sam Bankman-Fried: Key Points to Understand

October 3, 2023

About Us

We provide the latest crypto news, trading tools, and up-to-date education to students and traders all over the world.

ENROLL FOR FREE

Latest Crypto Headlines

  • Ethereum futures ETFs on CME begin with light trading volumes
  • FTX-SBF charges valid despite lack of US crypto laws, DOJ says – Cointelegraph
  • Coinbase CLO Responds to SEC’s Opposition
  • Experts Foresee Bitcoin ($BTC) at $30K Next Month; Whales Dive into Filecoin ($FIL) and InQubeta ($QUBE)
  • Ripple’s XRP price jumps 5% fuelled by Singapore licensing acquisition amidst crypto market downturn
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Regulation
    • Trading
  • Learn Crypto For Free
  • DipSnyper Bot
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2022 - OnlineCryptoCollege.com - All rights reserved!

No Result
View All Result
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Regulation
    • Trading
  • Learn Crypto For Free
  • DipSnyper Bot

© 2018 JNews by Jegtheme.

  • bitcoinBitcoin(BTC)$27,520.00-0.37%
  • ethereumEthereum(ETH)$1,646.34-0.63%
  • USDEXUSDEX(USDEX)$1.07-0.53%
  • tetherTether(USDT)$1.00-0.01%
  • binancecoinBNB(BNB)$212.44-1.16%
  • rippleXRP(XRP)$0.535.14%
  • usd-coinUSDC(USDC)$1.00-0.08%
  • staked-etherLido Staked Ether(STETH)$1,645.89-0.73%
  • solanaSolana(SOL)$23.54-2.24%
  • cardanoCardano(ADA)$0.257128-1.72%
  • dogecoinDogecoin(DOGE)$0.061093-1.38%
  • tronTRON(TRX)$0.0890971.30%
  • ToncoinToncoin(TON)$2.01-2.21%
  • Wrapped stETHWrapped stETH(WSTETH)$1,864.220.34%
  • matic-networkPolygon(MATIC)$0.593.88%
  • polkadotPolkadot(DOT)$4.04-2.40%
  • litecoinLitecoin(LTC)$64.49-2.01%
  • bitcoin-cashBitcoin Cash(BCH)$230.89-4.00%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$27,500.00-0.32%
  • shiba-inuShiba Inu(SHIB)$0.000007-0.69%
  • chainlinkChainlink(LINK)$7.53-0.85%
  • daiDai(DAI)$1.00-0.09%
  • avalanche-2Avalanche(AVAX)$9.753.95%
  • leo-tokenLEO Token(LEO)$3.72-0.01%
  • true-usdTrueUSD(TUSD)$1.000.08%
  • uniswapUniswap(UNI)$4.32-3.40%
  • stellarStellar(XLM)$0.1128601.52%
  • moneroMonero(XMR)$148.731.89%
  • okbOKB(OKB)$43.180.13%
  • Aerarium FiAerarium Fi(AERA)$7.15-13.10%
  • binance-usdBUSD(BUSD)$1.000.03%
  • ethereum-classicEthereum Classic(ETC)$15.59-4.39%
  • BSCEXBSCEX(BSCX)$237.310.49%
  • cosmosCosmos Hub(ATOM)$7.02-2.53%
  • hedera-hashgraphHedera(HBAR)$0.048601-3.11%
  • filecoinFilecoin(FIL)$3.31-0.80%
  • GGTKNGGTKN(GGTKN)$0.1121310.76%
  • internet-computerInternet Computer(ICP)$3.202.59%
  • lido-daoLido DAO(LDO)$1.601.49%
  • crypto-com-chainCronos(CRO)$0.050184-0.84%
  • MantleMantle(MNT)$0.406842-1.24%
  • makerMaker(MKR)$1,429.37-1.82%
  • quant-networkQuant(QNT)$88.05-0.68%
  • AptosAptos(APT)$5.29-2.12%
  • vechainVeChain(VET)$0.016646-2.83%
  • optimismOptimism(OP)$1.31-3.96%
  • ArbitrumArbitrum(ARB)$0.88-4.49%
  • nearNEAR Protocol(NEAR)$1.09-2.27%
  • KaspaKaspa(KAS)$0.050263-1.25%
  • EdgecoinEdgecoin(EDGT)$1.00-0.03%