GARI

Gari Network price

GARI
USD
USD
$0.022220
+0.58%
1h
24h
1W
1M
1Y
All

Gari Network price live data

The current price of Gari Network is $0.022220. Since 00:00 UTC, Gari Network has increased by +0.59%. It currently has a circulating supply of 456,701,913 GARI and a maximum supply of 986,395,418 GARI, giving it a fully diluted market cap of $10.15M. At present, Gari Network holds the 0 position in market cap rankings. The Gari Network/USD price is updated in real-time.

Gari Network price performance in USD

Time periodChange amount%Chg
Today$0.00013000 +0.58%
7 days$0.00045022 +2.06%
30 days$0.0013202 +6.31%
3 months-$0.01501 -40.32%

Gari Network market information

24h low/high
The highest, lowest, and last prices in 24 hours
24h low$0.021500
Last price $0.022220
24h high$0.023120
Market cap
$10.15M
Favorited rate
Percentage of users who favorited this asset to all users
0.77%
All-time high
$1.5000
-98.52% (-$1.4778)
Jan 18, 2022 (2 years ago)
All-time low
$0.0093000
+138.92% ($0.012920)
Sep 14, 2023 (8 months ago)
ICO date
01/18/2022
ICO price
The price at which this crypto was first traded
$0.20000
Circulating supply
The amount of this crypto that is publicly available in the market
456,701,913 GARI
Market cap at circulating supply
Market cap = Circulating supply × Last price
$21.92M

About Gari Network (GARI)

The intersection of social media and blockchain technology has given rise to a new wave of projects aiming to provide robust and decentralized platforms. One such project is the Gari Network (GARI), which capitalizes on the immutable nature of blockchain to create a powerful network.

What is Gari Network? 

Gari Network is a project built on the Solana blockchain and developed by Chingari, an Indian social media platform. It aims to foster the adoption of web3 technology by establishing a creator-focused economy.

The project addresses common challenges encountered in the blockchain space, such as low engagement and a lack of transparency. Unlike traditional social media platforms, where creators often receive minimal compensation for their content, Gari Network allows Chingari users to connect and interact. By leveraging blockchain technology, Gari Network eliminates the need for intermediaries, promoting transparency in the ecosystem.

The Gari Network team 

The Gari Network team is led by CEO Sumit Gosh, a seasoned product growth expert. CTO Biswatma Nayal and COO Deepak Salvi are the co-founders of the project. 

Additionally, the team includes Noah Thorp, who serves as the CTO of Gari Crypto Assets, and Vivek Rai Gupta and Krish Seshadri, who contribute as Advisory Board and Board members, respectively. The team consists of many other talented individuals dedicated to the success and development of the Gari Network.

How does Gari Network work? 

Gari Network operates as an essential component of the Chingari platform, enhancing its functionalities by integrating blockchain technology. Gari Network provides users with an authentic and transparent social media experience by merging creator pools, customizable assets, and audio rooms.

Audio rooms are crucial to the network, enabling content creators to engage directly with their followers. In these rooms, creators can receive gifts and tips from their audience. On the other hand, the creator pool serves as a measure of users' value to the platform, further promoting engagement and recognition.

The Gari Network native token — GARI 

The Gari Network has its own utility and a native token called GARI. Built on the Solana blockchain with SPL standard compliance, GARI offers interoperability within the Solana ecosystem. It stands out from other tokens by providing faster transaction throughput and low fees.

GARI token plays a vital role in empowering creators on the Chingari platform. By holding GARI, creators can publish their content and earn rewards within the network. The token also serves as a staking mechanism and grants holders governance rights. GARI token holders can participate in the decision-making processes of the Gari Network decentralized autonomous organization (DAO), influencing the future development and direction of the network. 

Gari Network tokenomics 

Gari Network's tokenomics consists of a total supply of 1 billion GARI tokens, with a circulating supply currently at 227.3 million tokens. These GARI tokens are critical in powering the network's decentralized autonomous organization (DAO), providing owners with decision-making responsibilities and empowering them to contribute to the network's governance actively.

Gari Network use cases 

Gari Network offers several use cases that enhance the experience for creators and users. As an integral part of Chingari, Gari Network enables creators to publish content and receive gifts and tips from their fans and followers. It also facilitates the staking and promotion of users' channels, allowing them to grow and engage with their audience.

Furthermore, GARI serves as the driving force behind the network's DAO and its governance options. GARI empowers token holders to participate in decision-making processes that shape the future of the network. Additionally, GARI transactions are known for their speed and affordability, providing users with faster and more cost-effective transaction capabilities.

Distribution of Gari Network 

The distribution of Gari Network tokens is allocated as follows:

  • 25 percent for the community
  • 20 percent for the token sale
  • 15 percent for staking
  • 10.33 percent for the team
  • 10 percent for a private round
  • 10 percent for the seed round
  • 5 percent for airdrops
  • 4.67 percent for advisory board members

What is Gari Network’s plan?

Gari Network aims to address the challenges faced by blockchain and traditional social media by introducing a platform that enables creators to monetize their content. They strive to continually integrate new tools, ensuring a genuinely monetized, transparent, and valuable social media app for a global audience.

GARI FAQ

What is Gari Network (GARI)? 

Gari Network (GARI) is an innovative Solana-based project that merges social media and blockchain technology. Developed by Chingari, Gari Network seeks to revolutionize the industry by introducing new levels of monetization and transparency.

What are the utility and benefits of holding GARI?

By holding GARI tokens, users gain several advantages. They obtain voting rights, enabling them to participate in platform governance and decision-making processes. Additionally, token holders can stake their GARI tokens to earn additional rewards. Furthermore, GARI tokens provide the means to create and effortlessly publish content on the Chingari platform, enhancing the user experience.

Where can I buy GARI? 

Easily buy GARI tokens on the OKX TR cryptocurrency platform. One available trading pairs in the OKX TR spot trading terminal is GARI/USDT.

You can also swap your existing cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC), for GARI with zero fees and no price slippage by using OKX TR Convert.