The Chingari Creator Cuts marketplace will be the world’s first-ever video NFT tokenization service as it seeks to foster and propagate an economy for creative content creators. In this new system, users can mint their own tokens based on premier videos produced by some of our most successful members in order to create better incentives within communities that have been traditionally overlooked or underrepresented."

Creator Cuts is an innovative financial and community engagement opportunity for content creators that provides them with a way to monetize their work while also allowing users access by purchasing pieces of original artwork.

Each NFT video has a unique price

The Chingari App is a new video-sharing app where users can watch others' videos and interact with them. Users will be able to purchase NFTs from artists who have signed up for this service, 10% of which gets stored as GARI tokens in your account daily based on how much you interact.

The app has given every video producer a pricing system that is determined by the time they spend using it. Anyone can buy these NFTs to add more variety to their collection.

Mr. Sumit Ghosh, Co-Founder & CEO of Chingari and GARI token, commented at the launch of Creator Cuts:

"Since our inception, empowering and enabling creators to engage effectively and intrinsically with their community has been the cornerstone of our success. We believe in the Creator Economy's enormous potential and are fully committed to its growth and democratization across the board. 

To that end, we are constantly innovating and developing new programs and propositions that sit at the intersection of popular culture, ecosystem growth, and our business priorities."

Creator Cuts is one such one-of-a-kind initiative that enables creators and the community to not only form deeper connections but also grow together in the truest sense of the term," he added.

The social media start-up is on a mission to make India's short-form video industry more popular and sustainable. With this new app, they'll be able to provide the same service as TikTok but with an Indian twist!

Posted 
Aug 24, 2022
 in 
Digital Lifestyle
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