Gari Network Price
(GARI)
USD($)
Gari Network (GARI) Live Price Chart
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Gari Network Live Price Data
How do you feel about Gari Network today?
Note: This data is for reference only.
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Gari Network(GARI) Profile
Rank--
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Website
Documentation
Contract
Solana CKaKtYvz...vks
Audited By
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Investors
Alameda ResearchRepublic CryptoCoinFundGalaxy Digital
$0.01042
$0.01619
$1.05000
-2.11%
-21.30%
+62.57%
$5.32M
$561,774
477,695,542
979,444,316
About GARI
How can I buy Gari Network (GARI)?
What Is GARI?
GARI is the native digital asset of Chingari, a Web 3.0 social media application. The Chingari platform aims to empower content creators to engage with their audience and monetize in a decentralized manner, all powered by the blockchain.
Chingari disrupts the traditional model of influencers and video content creation by sharing 30% of its revenues with the content creators. The revenue generated is distributed to content creators in the form of GARI tokens.
As of March 2023, Chingari has more than 300 million global crypto users holding the GARI token and more than 70 million users. It is one of the fastest growing Web 3.0 based social applications in the world.
Chingari aims to become the world’s largest video NFT marketplace. In addition to content creators earning rewards in GARI Network, the platform lets users pay in GARI tokens to access exclusive content, enter Audio rooms for higher engagement with influencers, and enjoy more monetization opportunities all around.
How Does GARI Work?
The Chingari app is governed by a DAO made up of GARI holders, who get to vote on updates to the ecosystem. In addition to governance, the Chingari blockchain platform leverages GARI as in-app currency that users pay in to access exclusive content and that content creators receive as rewards.
Chingari also supports e-commerce, letting users buy goods and services directly from videos or profiles of content creators. This model allows for higher levels of engagement on the GARI Network than traditional video-based social media applications have seen.
Chingari powers the creator economy by letting users tip creators using GARI tokens. They also have the option of staking to support their favorite creators’ work on the platform while earning a percentage of rewards too.
The off-chain features or services of Chingari include short videos, multiplex, and messaging. The Chingari Multiplex lets users buy videos and movies on the platform using GARI tokens and even fiat currencies.
The GARI social token empowers content creators to not only earn better and engage better online but also have a say in how the Chingari platform evolves in the future. The higher the use of the Chingari app, the higher the GARI price can go.
Who Created GARI Network?
Chingari was founded in 2018 by Sumit Ghosh along with co-founders Deepak Salvi, Biswatma Nayak, and Aditya Kothari. The short-form video app was launched in 2020, filling a void left behind by India’s ban on TikTok.
In August 2021, it raised $4 million in funding from Republic and Galaxy Digital. It also went on to receive $300k of funding from Solana Grant. A month later, it raised $15 million via a private token sale to crypto venture capitalists.
The test blockchain went live in October 2021, along with the beta version of Chingari’s integration. In November 2021, a public sale on Republic helped Chingari raise an additional $12.3 million worth of capital, followed by the launch of GARI global communities.
Chingari’s IDO sale took place in December 2021, raising $6 million. An equity raise round got its team an additional $15 million in funding. Chingari’s smart contract audits also took place in the same month.
Gari Network (GARI) Price Movements ($)
| Period | Change | Change (%) |
|---|---|---|
| Today | $-0.00291 | -20.68% |
| 7 Days | $0.00429 | 62.72% |
| 30 Days | $0.00336 | 43.24% |
| 3 Months | $0.00456 | 69.41% |
24H Investment Barometer
24H
Strong Buy
The Investment Barometer represents the current sentiment of the majority of KuCoin users. It is based on multiple indicators, and can be used as an aspect to take into consideration when planning investments.
Risk warning：Please note that the Investment Barometer is provided for informational purposes only and is not an investment advice. Investing carries risk. Please make investment decisions cautiously and based on your own judgement.
Strong SellSellNeutralBuyStrong Buy
Gari Network Conversion Rate
FAQ
How much is 1 Gari Network (GARI) worth?KuCoin provides real-time USD price updates for Gari Network (GARI). Gari Network price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time GARI to USD exchange rates.
What Can GARI Be Used For?
The GARI Network cryptocurrency is an extremely versatile digital asset with multiple uses within the Chingari ecosystem.
In-app Currency
Users can pay in GARI to access exclusive content on the Chingari app. The GARI token exists to let users tip content creators and buy goods and services from influencers on the platform as well.
Governance Token
GARI holders can participate in the DAO to vote on upgrades and changes to the Chingari platform. The governance mechanism ensures higher levels of transparency and decentralization while empowering content creators with a say in how the Chingari experience evolves over time.
Is GARI Network a Good Investment?
GARI is the native token of a promising Web3 application with hundreds of millions of users. The Chingari app has become one of the most popularly used social apps among users in India and several other geographies.
GARI Network token derives its value from the high levels of activity on Chingari. With statistics revealing a steady uptick in this platform for crypto powered creator economy, the GARI price could enjoy considerable support and keep growing.
In addition to the Web 3.0 revolution which is already underway, the GARI crypto price can also see an increase as the adoption of cryptocurrencies, the crypto market cap and trading volume grow overall. A positive market sentiment increases investor confidence in exploring new cryptocurrencies to invest in, which can continue to keep GARI trending higher in the future.
However, keep in mind that the cryptocurrency market is extremely volatile. It is impossible to predict with certainty how the price and trading volume of a digital asset can move in the future. Although, with careful technical, fundamental and market sentiment analysis, you could potentially grow your portfolio by investing in GARI Network.
How to Earn Rewards With GARI
Here are the several ways owning GARI Network can be lucrative for you:
Earn APYs For Staking GARI
Token holders have to stake GARI to be eligible for voting on proposals. In return, they earn rewards via APYs for their efforts.
X-to-Earn Rewards For Users
In addition, the GARI Network aims to incentivize its users via watch-to-earn, engage-to-earn and play-to-earn (P2E) models, with the help of the GARI crypto.
Stake GARI in Creator Pools
Users can stake their GARI tokens against their preferred content creators, investing in their future revenue earning potential.
The GARI Network token is also used to pay for transactions among advertisers on the platform and to developers as well.
Digital Asset to Trade
GARI is one of the most trending coins on exchanges among new entrants in the market. You can buy, sell, or hold GARI in your portfolio to make some profits from your investment.
Please review the latest GARI to USD price, Gari Network current market cap, circulating supply, and 24 hour trading volume information in real time before trading this cryptocurrency on the exchange.
Crypto Lending
You can choose to lend your GARI tokens to provide liquidity on the KuCoin Exchange. The service lets you lend GARI crypto for a period of 7 days, 14 days or 28 days to earn interest.
How to Stake GARI on Gari Network
Gari Network introduced its official staking program in December 2022, giving token holders and content creators on the platform an additional way to generate passive income. Here’s how to stake $GARI on the Gari app:
1. Create an account on the Gari app and set up your wallet. Fund your wallet with sufficient GARI tokens by buying Gari Network crypto on KuCoin or other supported platforms and withdrawing your tokens to the app.
2. Visit the Wallet tab on the Chingari app.
3. Click on the Stake option and enter the number of GARI tokens you wish to stake in the GARI Pool.
4. Click on Stake Now to confirm the transaction by entering your six-digit PIN.
5. Sit back, earn rewards, and grow your GARI holdings through staking on the Gari app.
Who Are Gari Network’s Partners and Investors?
Gari Network boasts an impressive list of partners, backers, and investors, including Republic Crypto, Galaxy Digital, Solana Capital, Huobi Global, Valor Equity Partners, Borderless Capital, GBIC, AU21 Capital, and more.
In addition, the app has also partnered with several established projects in the crypto industry, such as KuCoin, Bonk Inu, Rage Fan, and more.
What is the all-time high price of Gari Network (GARI)?
The all-time high price of Gari Network (GARI) is $1.05000. The current price of GARI is down 0.99% from its all-time high.
What is the all-time low price of Gari Network (GARI)?
The all-time low price of Gari Network (GARI) is $0.00539. The current price of GARI is up 1.06% from its all-time low.
How much Gari Network (GARI) is there in circulation?
As of 11 21, 2024, there is currently 477,695,542 GARI in circulation. GARI has a maximum supply of 979,444,316.
What is the market cap of Gari Network (GARI)?
The current market cap of GARI is $5.32M. It is calculated by multiplying the current supply of GARI by its real-time market price of $5.32M.
How do I store Gari Network (GARI)?
You can securely store your Gari Network in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your GARI include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.
How do I convert Celestia (TIA) to cash?
You can instantly exchange your Celestia (TIA) for cash using KuCoin's Fast Trade feature. This feature enables you to convert TIA to your local fiat currency in just a few clicks. However, make sure to complete Identity Verification first to enjoy all the features you may need.
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2024-11-21 16:36:07 (UTC+8)
24h Volume3,228,893,394USDT