GARI is the native token of the Gari Network that has a Web3 social media app powered by cryptocurrencies. Web3 is the third stage in the evolution of the Internet, where users own their data through decentralization and blockchain technology. The app's name is Chingari, where users can create short social entertainment or educational audios and videos on a blockchain network. 

As per its whitepaper, the platform is created on the Solana network to empower video content creators worldwide, enabling them to earn in crypto for creating and sharing their content. The content creators and the platform also allow the audiences to earn with its watch-to-earn, engage-to-earn, and play-to-earn features in the app. 

An influencer on the platform gets a share of 30 percent of the revenue of the Chingari app. The platform makes content creation a real career path by enabling users to make a living out of it. The application also has a vernacular focus; the artificial intelligence-enabled Chingari creates a personalized feed for each user, taking into account their content interactions anonymously. Moreover, each piece of content is put through a layered system of screening algorithms to maintain the integrity of the content moderation.       

There are many use cases of the native token GARI on the platform. GARI is a governance token used as an in-app currency and gives users governance rights to decide about the platform's progress via voting, bringing decision-making power back to the users. Users can stake GARI to vote and get rewarded. 

Content creators and audiences are incentivized using GARI tokens for the value they created for the platform. The token also has transactional usage and can be used to pay someone in exchange for something.   

Sumit Ghosh is the founder, chairman, and CEO of the Gari Network. The project's co-founders are Deepak Salvi, Biswatma Nayak, and Aditya Kothari. The whitepaper was launched in September 2021, and the maximum supply of GARI is one billion tokens. 

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The current market cap of Gari Network is £1.19M. A high market cap implies that the asset is highly valued by the market.

The all-time high of Gari Network is £0.73. This all-time high is highest price paid for Gari Network since it was launched.

Over the last 24 hours, the trading volume of Gari Network is £559.32K.

Assets that have a similar market cap to Gari Network include Luigi Mangione, L7, Azuro Protocol, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Gari Network is 562 million.