The Fact That U Should Know About CHINGARI..

What GARI / Chingari Has Achieved 1. GARI Mining Program They launched a “mining” program to reward both creators and users for engagement: uploading videos, watching, liking, sharing, commenting. The pool is ~50,000 GARI per day: 5,000 are for daily login bonuses; the rest (45,000) are for engagement activities. The annual allocation for rewards under this program is ~ US$12 million (or equivalent) or ≈ ₹93 crore. 2. Token Holders / Adoption Metrics Within months of launch, GARI crossed 2 million token holders. The Chingari wallet also had significant growth: e.g. 800,000 active wallet users in just five months after integration. 3. Token Burn Mechanism They have initiated monthly token burns, funded by revenue from sale of Boosts and Badges. The aim is to gradually reduce the circulating supply (or available total supply) of GARI to create scarcity / better tokenomics. First burn was ~2.6 million GARI (≈ 0.25% of total supply) in May 2023....