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Chingari (GARI) is one of the largest short video-sharing platforms in India. Launched in October 2021, Chingari has witnessed an impressive rise in fans and users. It is backed by well-known cryptocurrency venture capitalists, including Alameda Research and Republic Capital. A little over a year after its launch, the platform introduced its own crypto token GARI. Chingari's token became the first cryptocurrency to be listed on six leading exchanges at once. Later on, other leading exchanges also listed the token. Based on the Solana platform, its main purpose is to incentivize users to create unique content while keeping viewers engaged through transparent features, exclusive content, and direct participation in platform activities within a decentralized system.<h3>What are GARI’s key features and how does it work?</h3>Chingari (GARI) integrates its own token with its platform to promote Web3 social networks. The token is designed to allow users to create their own commercial space, which includes physical goods, the development of NFTs, and the ability for fans to financially support their favorite content creators directly on the platform.&nbsp; The GARI can be used to connect with and make transactions between counterparties, take part in governance, drive platform engagement, and attract even more users to the platform.&nbsp;There are three ways to earn GARI tokens on the Chingari platform. Individuals who use the Chingari platform can earn by playing games available in the app and watching posted videos. There is also a reward given for posting comments on videos and liking content. Users will receive GARI tokens. Creators simply need to convert their videos on the platform to NFT and earn money from it.&nbsp;<h3>What makes Chingari noteworthy?</h3>Although this video-sharing app is still based and used primarily in South Asia, its popularity among users is at a very high level. Dubbed "India's TikTok", Chingari is one of the most downloaded apps on the Google App Store in India and the most popular social media app in the country, ahead of rivals Tiktok, Youtube, and Instagram.This token has good liquidity because the Chingari platform had a huge audience even before developing a blockchain project. Moreover, the token’s listing on India's leading cryptocurrency exchange CoinDCX significantly increased access to the token,&nbsp;which further boosted its liquidity.<h3>What can GARI be used for?</h3>The Chingari blockchain platform allows users to receive tokens for creating or viewing content. The creators developed this idea from play-to-earn games and have applied it to social media.Besides being able to trade the Chingari (GARI) token and use it for long-term investing, holders can use it for other purposes, such as using it for payment of goods and services. Indeed, the creators hope that this cryptocurrency will gain widespread application in different industries and become the most used cryptocurrency in India.<h3>Where can you buy Chingari?</h3>The price of Chingari (GARI) can be seen on this<a href="https://cryptorank.io/price/chingari/exchanges" rel="noopener noreferrer" target="_blank"> page</a>. You can also go to the Markets tab to see which exchanges have listed this token. For instance, you can buy GARIt from Gate.io or Huobi Global.&nbsp;

Chingari's IDO on SolRazr Announcement.

Whitepaper with Tokenomics (p.17).

Chingari's crypto token raises $40 million within 24 hours of its live sale.

Chingari's IDO page on SolRazr.

Chingari IEO on Huobi details.

Chingari IEO on Huobi.

Chingari IEO on Gate.io.

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How to participateOn SolRazr:In order to be eligible to participate in upcoming IDOs on SolRazr, users have to meet requirement based on Allocation Tier Structure.Lottery TiersLottery tiers let users to get allocation based on lottery.<ul><li>Seed — requires a minimum of 500 SOLR to be staked, gets access to 14% of the total allocation</li><li>Sapling — requires a minimum of 2500 SOLR to be staked, gets access to 21% of the total allocation</li><li>Tree — requires a minimum of 12500 SOLR to be staked, gets access to 29% of the total allocation</li></ul>Guaranteed TierMighty Oak — requires a minimum of 50000 SOLR to be staked, gets access to 36% of the total allocationSoil TierRequires a minimum of 100 SOLR to be staked and gets access to a minimum of 25% of the allocation left over from the other tiers.For Chingari IDO there will be SolRazr Community Pool and Open Community Pool with details below:SolRazr Community Pool Size:&nbsp;$4M&nbsp;(Requires $SOLR to be staked)<ul><li>Number of tokens:&nbsp;10M</li><li>Token Price:&nbsp;$0.4</li><li>Vesting terms:50% unlocked at TGE and 50% unlocked after 12 months</li><li>IDO opens:&nbsp;Dec 15, 2 PM UTC</li><li>IDO closes:&nbsp;Dec 16, 2 PM UTC</li><li>This is only open for those who have staked $SOLR.</li></ul>Open Community Pool Size:&nbsp;$12M<ul><li>Number of Tokens:&nbsp;30M</li><li>Token Price:&nbsp;$0.4</li><li>Vesting terms:&nbsp;33.3% unlocked at TGE and 66.7% unlocked after 12 months</li><li>IDO opens:&nbsp;Dec 16, 2 PM UTC</li><li>IDO closes:&nbsp;Dec 18, 2 PM UTC</li></ul>About ChingariCreateChingari is India's fastest growing short form video app with millions of Daily Users. The app lets users create and share short form videos with the world. Everytime you create a video on Chingari, you get rewarded with Gari Tokens.BuyThe platform has planned to partner with leading D2C E-Commerce Brands, to integrate Gari Tokens with the existing shoppable video feature on Chingari. Every video that gets uploaded to Chingari is parsed frame by frame and all detected objects are then matched with a live catalog of products and each video becomes shopping enabled in real-time by the time it hits your feed. All these social video commerce transactions will be done using Gari Tokens in the future.Own &amp; GovernGARI is a social token for the community of Chingari creators that will give them governance authority over the future platform developments through a DAO and create a circular economy. Being distributed to the contributors for the platform value they created, GARI on the other hand benefits from the value of network itself.

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The Chingari is a Short-Video, Social Commerce and Entertainment platform built on Solana.

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Kraken users must withdraw 21 delisted tokens before Aug. 27 or face forced liquidation.
Thin liquidity could leave holders with minimal or even zero proceeds after withdrawals close.
TEER faces added risks after project shutdown, making timely withdrawal especially critical.

Kraken is entering the final stage of its latest delisting cycle, giving holders of 21 tokens until August 27 at 14:00 UTC to withdraw their assets. Afterwards, the exchange begins automatically liquidating...

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Kraken Delisting Deadline Nears: Holders of 21 Tokens Risk Near-Zero Payouts

Withdrawals close at 14:00 UTC, then thin markets could determine what automatic liquidation returns.
The post Crypto holders face an Aug 27 deadline to save 21 tokens before Kraken liquidates them into thin order books appeared first on CryptoSlate.

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Crypto holders face an Aug 27 deadline to save 21 tokens before Kraken liquidates them into thin order books

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Kraken Delisting Deadline Nears: Holders of 21 Tokens Risk Near-Zero Payouts

Crypto holders face an Aug 27 deadline to save 21 tokens before Kraken liquidates them into thin order books