The entire world is going through a Cryptocurrency revolution and these days bitcoin price is clearly showing that how the world is adopting crypto. Countries are exploring the options to make it legal tender and those that were not in crypto as of now are also exploring the best possibilities for them to be part of this revolution that can help them become stronger in the economy.
Even India is not left behind and there is a lot happening these days including non-fungible tokens and overall good to adoption. Edward easement is gearing up in the country are now who have Bollywood celebrities have started promoting crypto in various channels. I have seen so many advertisement of BitCoin and cryptocurrency in quite popular TV channels which clearly shows that India is going to be one of the examples in the crypto space soon. Why am saying this because here in India people follow these celebrities and get involved whatever they promote Somnath in this promotion for BitCoin is happening a lot which will surely bring in a lot of Indians in this sector. Exchanges are spending a lot of money on their infrastructure development as well as they are focusing more on scalability and innovation so that they can deliver the best to their users. Many other projects are making their entry in crypto and one of the projects with its taken got launched this week.
Short-video application Chingari has stepped into the world of cryptocurrency with its crypto token GARI. A fungible blockchain token, GARI will serve both “as a future in-app currency and a governance token," the company said. The token will be built in partnership with the Solana blockchain.
Chingari is a short video content sharing platform like TikTok and its quite popular here. Its a growing platform in India with its user base and now they have launched their token GARI through a partnership with the Solana blockchain. Chingari platform has 4 parts including content, creators, viewers, advertisers, and developers. All of them will now be able to the transaction with ease within the GARI ecosystem. This will help the users o the platform to transact easily and it will make the overall experience easy and all of them will be able to transact using the token within the chingari platform.
https://twitter.com/Chingari_IN/status/1450734796204756992
Bollywood star Salman Khan has promoted this project and now his NFTs will also be available on this platform which will bring more value for sure. The Bollywood industry is adopting crypto and doing more with NFT. Be it anything in crypto, its all going to boost the crypto ecosystem another and I see the exciting time coming ahead in coming years. I never used the chingari app but now because of the promotion I got to about it and I am sure there are many like me who will download the app and start using it.
Thank you so much
Stay Safe
Greetings dear @reeta0119 it is amazing how the world of cryptocurrencies is constantly growing, which leads us to think of a world where these assets will be at the forefront of the world economy. Greetings
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The way cryptocurrency is moving in India is something amazing, I hope to see more positive news about cryptocurrency there and I can't wait to see more progress.
Nice post you got here
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hello @reeta0119,
that is great news because the film industry in India moves millions of dollars so being able to see an artist giving publicity to coins will make millions of people feel the confidence to enter the world of coins, I believe that over time, the use of coins in India will become more and more common and that will lead to create a trade outside the web but using coins as fiat money, in Venezuela it happened like that first it was only digital but now the coins are used for common trade, the best of this ecosystem is yet to come.
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It is more than true what you say and I agree with the turn that cyptocurrencies are taking, and what they are representing each one of them in the virtual world and also in our real world.
Thank you for your contribution
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Hello @reeta0119, I think the new trend will be the crypto social tokens, from the mining of tokens, the NFT's to the current evolution, we will see how quickly the crypto social tokens spread worldwide, I am glad to know the great support it had in India, that means that it will be an absolute success.
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Greetings @reeta0119. It is certainly becoming increasingly difficult to escape the revolution caused by cryptocurrencies, and it is certainly very encouraging for the Indian crypto sector that Bollywood actors are backing projects such as the one mentioned above, which already causes a lot of acceptance from the outset.
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I have also heard about the token but I don't think bso it will be a huge success as the name suggests gari. Actually the reason behind is that they will distribute the token on the video creator on the chingari application.
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Hi @reeta0119
Wow a social token sounds good, reading the title of your post, immediately came to my mind several questions, like what usefulness and practicality will a social token have?.
Best regards, be well.
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this is a short video platform and it will be an easy payment option within the ecosystem. Celebrities are also joining the same.
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this is a short video platform and it will be an easy payment option within the ecosystem. Celebrities are also joining the same.
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@tipu curate 3
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Upvoted 👌 (Mana: 2/5) Get profit votes with @tipU :)
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