SolRazr, a enterprise platform primarily based on the Solana blockchain platform, has deliberate to host one of many largest IDO (Preliminary DEX Providing) within the report of all launchpads throughout blockchain with $GARI token.

SolRazr has turn out to be the 1st social community in India to concern cryptocurrency tokens with over 32 million lively customers per thirty days and about 85mn+ downloads until right this moment.

$GARI is Chingari App’s social token that at present supplies personalized movies, pure AR filters, multi-linguistic content material in over 20 languages, and a wide-ranging track library.

With the increasing creator financial system and the creators turning into a basic drive behind this revolution, the Chingari app offers full management to the creators, permitting them to be in command of the platform. 

The ecosystem of the Chingari app is run by 4 groups – viewers, builders, content material creators, and advertisers by way of which the $GARI tokens join all types of stakeholders. Some distinguished celebrities like Johnny Lever, Kareena Kapoor, Salman Khan, and plenty of extra superstars are lively on Chingari to create connections with their rising viewers. SimilarWeb, an intelligence supplier within the digital house, has ranked Chingari in India’s top five social apps.

Quick-form-first Chingari App is capitalizing on totally different content material codecs. Chingari’s major viewers is the Indians who dedicate one-fifth of their each day lives to smartphones, thereby turning into the quickest client of on-line content material on this planet. This tends to be fairly a profitable part for creators as effectively. The explanation why the short-form has emerged to be the fastest-growing class is that the standard digital leisure underserves a person’s requirement for fast, low-cost and individualized fun-feed, attributable to which the brief kind has jumped in India to about 320M MAU at 74 p.c CAGR over 5 years. 

The Chingari cell app has the potential to broaden with a rising neighborhood of greater than 75 million, and it’s increasing on the juncture of the three predominant developments in cryptocurrency, social media platforms, and model neighborhood. Every of those developments affords a singular alternative by way of particular necessities and mechanics. As $GARI is launched, the platform is returning the decision-making energy to the customers and permitting content material monetization to be India’s mainstream. Chingari’s blockchain community will allow customers to earn tokens for watching or creating content material. The primary thought behind introducing the token is to monetize every expertise with an honest quantity of funding and to empower the creators by way of social media platforms.

The Co-Founder and CEO of SolRazr, Sumit Ghosh, acknowledged that $GARI is a cryptocurrency token developed by Solana blockchain that may allow the content material creators on Chingari to create content material together with NFT tasks and precise gadgets, and in addition assist customers in funding their chosen artists.

SolRazr Co-Founder Sreekanth Kalapur talked about the launch of the $GARI token on the SolRazr platform, and it will be the most important IDO in the whole crypto discipline. Being the first decentralized ecosystem within the blockchain community of Solana, SolRazr affords Accelerator, Developer, and Launchpad instruments to the sector of cryptocurrency the place customers are prepared to take part and develop it additional. The DeFi (Decentralized Finance) expertise goals to grant everybody an opportunity to put money into totally different tasks of their selection that may assist them enhance their lives. SolRazr is a formidable Solana platform, the way forward for Internet 3.0 and DeFI.

$GARI is developed to assist content material creators on the Chingari app to create their very own ecommerce community by way of NFTs (Non-Fungible Tokens), bodily merchandise, and by raining cash straight from their followers.

SolRazr ensures that the shopping for means of $GARI is frictionless and completely easy for the patrons. There is no such thing as a want to use for a whitelist with a purpose to win a lottery on the platform. Customers who want to purchase $GARI can straight transfer to the IDO course of.

The explanation for selecting SolRazr to launch the IDO tokens is as a result of the SolRazr can be constructed on the Solana community, which is without doubt one of the main platforms, making certain full transparency and honest processes.

Salman Khan, the model ambassador of $GARI, believes that content material creators are accountable for shaping the prospects of leisure. If the reward program of $GARI is integrated into the Chingari platform, the content material creators will get an added incentive to create extra participating and engaging movies and put up them on the app.

Be a part of a revolution in Content material Creation. There’s lots occurring right here: NFT Market + Social Commerce + Quick Movies on the Blockchain. All this & way more, powered by $GARI Tokens (Chingari’s In-App Reward Program). 🔥https://t.co/V4khtN5ko0#GARI #CHINGARI pic.twitter.com/uzilFzuAwh

— Salman Khan (@BeingSalmanKhan) December 4, 2021

$GARI has not too long ago raised about $12.3mn in simply 24 hours after it was launched on Republic, which is an funding and fairness platform providing actual property, start-ups, crypto, and gaming investments. Chingari beforehand raised more than $19mn from over 30 particular person traders and enterprise funds.

With the appearance of $GARI, the Chingari app is most definitely to convey cryptocurrency to the viewers by way of the easy, stepwise introduction of $GARI through simple and easy granular mechanics.

The gradual enchancment of the token will guarantee long-term adoption of GARI with a smoother studying curve for the present Chingari customers. The truth is, GARI would concurrently present a short-form instrument for brand spanking new customers to get into the cryptocurrency sphere in a understandable method.