Coin Gabbar Token

On August 23, the on-chain social app Chingari announced the debut of a new feature known as Creator Cuts.Creator Cuts plans to launch the world’s first<a href="https://youtu.be/cMaz-VIWK9I" rel="noopener noreferrer nofollow"> video non-fungible token (v NFT) marketplace </a>as part of its commitment to developing and propagating the creator economy. According to a press release, video NFTs will be minted in this marketplace based on premier videos made by Chingari’s most popular creators.The goal of Creator Cuts is to not only provide content creators with an innovative financial and community engagement opportunity but also to allow users to connect with the creators of the content they enjoy the most by purchasing a piece of the original artwork that they have created and thus gaining financial benefit from the purchase.Each NFT video is given special pricingCustomers who buy these NFTs will be entitled to 10% of the artist’s daily earnings in Gari tokens based on the amount of engagement they receive on their videos hosted on the Chingari app.Every video has its own unique pricing based on the amount of time the film’s producer spent using the Chingari app. Following that, anyone (Chingari user or not) can purchase these NFTs to add to their collection.Mr. Sumit Ghosh, Co-founder &amp; CEO of<a href="https://chingari.io/coingabbar" rel="noopener noreferrer nofollow"> Chingari and GARI token</a>, stated at the launch of Creator Cuts that “encouraging and enabling creators to communicate effectively and genuinely with their audience has been the cornerstone of our success since our inception. We believe in the Creator Economy’s enormous potential and are fully dedicated to its expansion and democratization across the board. To that end, we are always innovating and developing new programs and propositions that sit at the intersection of popular culture, ecosystem expansion, and our commercial interests.”He went on to say that the launch of Creator Cuts is one such unique effort that allows creators and the community to not only create deeper connections but also to grow together in the purest meaning of the phrase.Ultimately, this looks to be another step forward for the <a href="https://www.coingabbar.com/en/" rel="noopener noreferrer nofollow">social media start-up</a>, which acts as India’s homegrown short-time-interval video app. After growing immersively from the beginning, the firm is poised to scale as a consistent disruptor to its Chinese equivalent, TikTok.

Top NFT News: ‘India’s TikTok’ Chingari Launches the World’s First Video NFT Marketplace

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