Chingari has officially commenced its journey into the metaverse with the launch of an NFT collection ‘GARI Panda’. The firm had previously announced a whitelist application for the presale, currently being held on the SolRazr IDO launchpad. Chingari’s NFT collection is made up of 9,999 NFTs hosted on the Solana blockchain ecosystem.
The GARI Panda NFTs will be open to public markets on March 31
The GARI Panda NFTs will be available to the general public on March 31, at a selling price of 2 SOL tokens. Half of this NFT collection has been set aside for the GARI and SOLR groups, which is notable. The achievement, according to Chingari, will help the company get closer to its aim of becoming a decentralized content production platform.
Chingari, like TikTok, has grown in popularity in India over the last three years, attracting over 35 million subscribers. By the end of the year, the platform, which earned headlines for sharing 30 percent of income with content producers, hopes to have 200 million users.
Their entry into the burgeoning virtual world will provide content makers with access to the most cutting-edge technologies (the metaverse). GARI Panda NFTs are a key component of the Chingari-verse, allowing for a variety of functions and unique features that will not only improve the user experience but also provide potential to grow one’s revenue.
These NFTs will provide consumers with a lifetime free membership inside the Chingari ecosystem, according to a full description of the value proposition. GARI NFT owners will also be entitled to a portion of the money earned by the GARI DAO and the Panda goods shop.
Chingari Panda club will have access to ‘invite only’ parties
More crucially, members of the Chingari Panda club will have access to ‘invite only’ events where they will be able to digitally meet renowned Bollywood celebrities and their favorite content creators. Chingari will also create relationships with music and video streaming services to provide premium access to its NFT community.
Chingari will also pioneer NFT-minted newsletters that chronicle market happenings, given the metaverse’s rising popularity (news, insights and major auction sales). GARI Panda NFT holders will receive a portion of the selling revenues from this niche, allowing them to build their underlying net worth as the ecosystem expands.
It’s also worth noting that Chingari will implement a staking function that will allow the GARI Panda NFT community to earn money from their digital collectibles in the form of a passive income. Prospects will be rewarded with the native $GARI token, which is presently trading on KuCoin, MEXC Global, Gate.io, and OKX, among other exchanges.