Chingari, the on-chain short video app powered by GARI, has launched a new content monetisation plan for its creators and users with subscriptions starting from just Rs 20.
Under the new initiative, Chingari offers three subscription plans on a daily, weekly and monthly basis for Rs 20, Rs 100 and Rs 300, respectively.
These subscription plans will enable Chingari’s community to double their earnings collected through the Gari mining programme and allow complete withdrawal during the active subscription period.
Under its Gari mining programme, Chingari rewards its creators and users native crypto token GARI for doing in-app activities like uploading, watching, liking, commenting, and sharing videos.
The GARI token can be traded on crypto exchanges and later withdrawn into the crypto wallets. Bengaluru-headquartered Chingari claims to be the world’s fastest-growing on-chain short video app.
However, under its new subscription plans, creators and users can withdraw the earnings directly into their bank accounts, making it a friction-free and completely seamless process.
“Content monetisation still remains a serious challenge for millions of creators and this new subscription plan is a giant leap forward for offering an accessible solution to them to monetize content,”’ said Sumit Ghosh, CEO & Co-Founder, Chingari.
“This is another step towards the democratization of the creator economy where micro and nano-influencers from tier- II and tier-III cities of India can also monetise their content at a minimal cost,” he added.
Chingari’s platform entertains more than 160 million users and witnesses videos in more than 15 languages. Chingari has more than 5 million daily active users (DAU) and 40 million monthly active users (MAU).
Gari token (GARI) is the world’s biggest social token. Chingari’s native token GARI enables short-form video creators to monetise their content on the blockchain with the GARI token.