- Fashion TV partners with Chingari, an India based short video app.
- Chingari, which is powered by GARI tokens, to launch 100 NFTs, in collaboration with FTV, names them Gari Panda.
- Fashion TV and Chingari partnered to launch a Fashion Metaverse.
Dubai, 26 March 2022: Chingari, India’s fastest-growing blockchain based video app has announced a new partnership with FTV.
Chingari is a Bangalore based social media app, where creators can convert the videos to NFTs on Solana blockchain and sell them to their followers, and also earn royalties from secondary sales.This is the first time FTV is partnering with any short video app, Chingari. Bollywood actor Salman Khan has also invested in Chingari and is one of their prime celebrity faces.
This exclusive partnership is governed by Chingari’s native token, Gari.
The partnership will let Chingari, the short video app, exclusively play FTV content for its users on its app.
Chingari has more than 130M users on its platform and is growing everyday.
Fashion TV FTV and Chingari are going to launch 100 NFTs. Gari Panda NFT holders will get access to exclusive fashion shows and parties by FTV. These NFTS will also give them access to Fashion Metaverse when it’s launched. More utilities are going to be announced later.
Mr Sumit Ghosh, Co-Founder and CEO of the Chingari app speaking on this partnership said, “We are extremely happy to announce the partnership of Chingari, powered by GARI and Fashion TV. The partnership will be mutually beneficial for both the brands with Chingari getting exclusive rights to play Fashion TV content on its platform. Further, the all exclusive 100 GARI Panda NFTs and Fashion TV NFTs, GARI Panda NFTs will turn out to be a gold rush for the artists and celebrities across the globe.”
Michel Adam Lisowski, President of FTV further added, “The partnership aligns with our vision to make accessible our premium content from the fashion industry’s most successful designers, models, photographers to everyone. The Fashion TV- GARI Panda NFTs is another exciting offer to the community wherein the early adopters could churn out crazy payouts.”
Chingari, India’s first blockchain based video sharing app, powered by Gari tokens, was launched in 2018. After Tiktok got banned in India, India saw a steep rise in popularity of India based short video apps like Ropose, Josh, Moj and Chingari. While the other startups took the conventional route of fundraising, Chingari became the first video sharing app to adopt crypto.
Chingari raised 19M USD through crypto. Notable investors include Au21 Capital, Galaxy Digital, Alameda Research, Coinfund, Solana Capital, Kraken Ventures, Huobi Global, Shima Capital, OIG and many more.
Prior to raising money through crypto, Chingari raised 13M from investors like JPIN VCATS, Onmobile, Salman Khan, Republic Labs US, White Star Capital, Astarc Ventures, Rajat Sharma from India Tv, ProfitBoard Ventures and many more.
Chingari has emerged as a one-stop destination to more than 130M users for their entertaining, watching engaging videos across multiple categories like singing, dancing, transformation, skills, etc. The users can watch content in more than 15 languages.
GARI Tokens were listed on top centralized exchanges like FTX and Huobi on day 1.
Chingari is all poised to become India’s fastest growing short-video app in 2022. With a community of more than 130M users and growing, Chingari as a social app not only delivers on numbers but also seems to be miles ahead of their competitors. Gari token is currently trading at 0.41USD with a current marketcap of 19M USD. Fully diluted marketcap however stands at 412M USD.
Gari can be purchased on exchanges like FTX, Huobi, Kucoin and Gate.
