Chingari, a homegrown video-sharing software, has developed exponentially. Sumit Ghosh, Deepak Salvi, Aditya Kothari, and Biswatma Nayak founded it in November 2018, and it now has close to 100 million downloads and over 32 million daily active users in India.
Chingari is now well-positioned to capitalize on its growing user base and popularity by launching its distributed ledger technology and cryptocurrency in October. Chingari has developed its own digital cryptocurrency, $GARI. The cryptocurrency launch and its top position on Google Play should continue to aid the app’s user growth.
Venture capitalists are bullish on Chingari’s long-term potential, as the company just raised $6 million in investment via $GARI’s Initial Dex Offering on the SolRazr platform.
$GARI is based on the Solana blockchain and offers quick, low-cost transaction speeds. Chingari has made it possible for influencers and other artists to monetize their content through a channel that facilitates the sale of tangible products and non-fungible tokens (NFTs).
Chingari’s user base in India has grown
Before publishing content, Chingari allows users to sing, lip-sync, dance, film various types of movies, create voice-over scenarios, display various humor, or create videos with music in the backdrop.
The software has also been built to accommodate users of various language backgrounds, with the possibility to utilize the app in over twenty languages, including English, Hindi, Bangla, Gujarati, Marathi, Kannada, Punjabi, Malayalam, Tamil, and Telugu.
This creator-centric platform attracts talent, which may lead to some of the most interesting material for consumers and generate and share video content. Users can also demonstrate their support for their favorite producers and musicians.
The app provides a user-friendly experience by including tools such as adding special effects and popular filters to videos, allowing for the creation of more engaging material. Users are not required to sign in to use the app. Furthermore, unique permission is required to access the mobile phone’s camera and microphone, safeguarding user privacy.
Chingari’s growing portfolio of solutions and user-friendly features has enabled the platform to compete with established behemoths like Facebook, Instagram, and Snapchat.
On Google’s Play Store, Chingari is now one of India’s most popular social networks. It is free to download from Google Play and is simply accessible to anyone who owns a smart mobile device.
If Chingari successfully attracts crypto aficionados to its platform, it should keep its top position on the Play Store.
