KuCoin, one of the major crypto exchanges, has partnered with Chingari, a short video-sharing app, to launch the Chingari Star Contest, which will offer app users the opportunity to win $GARI tokens worth $2,66,519 USD. The Chingari Star Contest kicked out on February 15, 2022, and will continue for the next month, with top winners set to walk away with large rewards. Chingari, which was launched in 2018, has risen to become one of India’s most popular social networking applications.
Chingari dubbed the “Indian Tiktok,” has around 110 million registered users on its app, with 32 million active users and content providers. Users may monetize their content on the app, communicate with their favorite content providers, and start earning $GARI just by using it.
The program’s goal is to enhance the platform’s content output by finding and promoting new talent in India’s most remote districts and allowing them to promote themselves, their special skills, and their unique perspectives to a broader audience throughout the nation. Participation in the campaign is open to current and potential new users, who may win $GARI tokens worth millions.
Sumit Ghosh, CEO and co-founder of Chingari said:
“Looking at the overwhelming response that we have received from the creators so far, it only made sense to commence the contest from 15th Feb,” Ghosh added. “The extra time can be utilized by new users to build their profile on the Chingari app- and get a fair chance to win the contest against the creators that are already popular on the app.”
In January, KuCoin participated in a $35 million fundraising round for Chingari, one of the early investors in the company. Additionally, the exchange serves as an accelerator for the native $GARI token, which was listed concurrently with six other leading centralised cryptocurrency exchanges earlier this month.
Chingari app users must complete their profile and registration, upload five videos, then apply to become the ultimate Chingari Star to be eligible for consideration. The competition winners will be invited to Mumbai for a massive celebration.
Users may cast five votes for their favorite Chingari creators every day. They can earn cash rewards by voting and watching videos on the app, both of which may be done for free. This year’s Chingari app star will get $10 million in $GARI tokens, while the other finalists will share the rest of the prize money.