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Gari Network

GARI

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About Gari Network

Gari Network (GARI) is a cryptocurrency that strives to support short-form video creators on Chingari, a well-known short-form video app in India. GARI is designed to enable creators to monetize their content on the blockchain. The GARI token is introduced as a social token for the Chingari community, providing creators with governance authority over future platform developments through a Decentralized Autonomous Organization (DAO) and fostering a circular economy. The token is distributed to contributors for the value they create on the platform, and in turn, GARI benefits from the value of the network itself.

Gari Network operates by rewarding creators on the Chingari platform with GARI tokens for their content. The tokens serve as a form of governance, allowing creators to have a say in the future developments of the platform through a DAO. The GARI token also facilitates transactions on the platform, facilitating users in the exchange of goods and services, tipping content creators, and accessing premium content. The platform runs two groups of mechanics: transactional mechanics, which facilitate an exchange of goods and services, and collaborative mechanics, which help users coordinate around a common goal or agenda. All interactions are facilitated with the GARI token.

Gari Network seeks to provide a range of use cases for its users. For creators, GARI tokens may be received as compensation for creating content, providing a new avenue for monetization. For viewers, GARI tokens can be used to tip their favorite creators, access premium content, and participate in the platform's governance through the DAO. Advertisers can also use GARI tokens to pay for ad placements on the platform. Furthermore, GARI tokens can be staked in a Creator Pool, allowing users to support creators and may receive a share of their future revenues.

Gari Network was developed as part of the Chingari app, a short-form video platform that has rapidly grown in popularity in India. The introduction of the GARI token was a strategic move to enable creators to monetize their content and have a say in the platform's future developments. The GARI token was designed to be distributed to contributors for the value they create on the platform, thereby benefiting from the value of the network itself. The Gari Network strives to bring the decision-making power back to the users, recognizing that creators are the core value drivers of the platform.

Market

Australia Market Stats

Market cap

A$18.9M

Volume (24h)

A$14.8M

Circulating supply

371.7M GARI

All time high

A$1.51

Price change (1h)

-1.22%

Price change (24h)

+55.76%

Price change (7d)

+32.79%

Australia News about Gari Network

DL News • May 02, 24

LayerZero airdrop timing just got clearer

In December, LayerZero said it planned to launch and distribute its token “within the first half of 2024.”

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BeInCrypto • May 02, 24

These Solana Meme Coins Achieve Double-Digit Gains After Market Dip

After a market dip, Solana-based meme coins like Dogwifhat and Popcat recorded significant gains, contrasting with the modest recovery of major cryptocurrencies like Bitcoin.The post These Solana Meme Coins Achieve Double-Digit Gains After Market Dip appeared first on BeInCrypto.

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CoinDesk • May 02, 24

Bitcoin’s Volatility Is Falling and This Will Continue as It Matures: Fidelity

The cryptocurrency is already showing signs of maturity as its volatility drops to all-time lows on a yearly scale, the report said.

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Decrypt • May 02, 24

Second-Largest European Bank BNP Paribas Bought BlackRock Bitcoin ETF Shares: SEC Filing

According to a 13F report, BNP Paribas purchased IBIT shares in the first quarter of 2024—albeit less than 1 BTC worth at current prices.

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DL News • May 02, 24

Retirees with $6tn are eyeing Bitcoin ETFs: ‘That order will just buy forever’

Pensioners have yet to buy into Bitcoin ETFs. But that's changing, says this former Merrill Lynch trader.

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CoinDesk • May 02, 24

BlackRock Sees Sovereign Wealth Funds, Pensions Coming to Bitcoin ETFs

The asset manager has been helping educate pension funds, endowments and sovereign wealth funds about the new spot bitcoin ETF products, the firm's head of digital assets said.

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Gari Network is on the rise this week.

The price of Gari Network has decreased by 1.22% in the last hour and increased by 55.76% in the past 24 hours. Gari Network’s price has also risen by 32.79% in the past week. The current price is A$0.0502 per GARI with a 24-hour trading volume of A$14.85M. Currently, Gari Network is valued at 96.67% below its all time high of A$1.51. This all-time high was the highest price paid for Gari Network since its launch.

The current circulating supply of Gari Network is 371,702,516 GARI which means that Gari Network has as total market cap of 371,702,516.

FAQ

What is the current price of Gari Network?

We update our Gari Network to AUD currency in real-time. Get the live price of Gari Network on Coinbase.

What is the market cap of Gari Network?

The current market cap of Gari Network is A$18.85M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Gari Network?

The all-time high of Gari Network is A$1.51. This all-time high is highest price paid for Gari Network since it was launched.

What is the 24 hour trading volume of Gari Network?

Over the last 24 hours, the trading volume of Gari Network is A$14.85M.

What other assets are similar to Gari Network?

Assets that have a similar market cap to Gari Network include XDEFI Wallet, B-cube.ai, Izumi Finance, and many others. To see a full list, see our comparable market cap assets.

How many Gari Network are there?

The current circulating supply of Gari Network is 372 million.

Can I buy Gari Network on Coinbase?

No, Gari Network is not currently available on Coinbase, but you can sign up to get the latest news on Gari Network and be notified when it gets added to our exchange.