Chingari All Set To Launch First NFT Marketplace Creator Cuts

Chingari, is all set to launch its revolutionary new offering, Creator Cuts. Representative of the company’s commitment to fostering and proliferating the creator economy, Creator Cuts is the World’s first-ever video NFT (v NFT) marketplace wherein marquee videos from Chingari’s top creator’s will be minted as video NFTs.

Creator Cuts aims to not only empower the creators with a unique financial and community engagement opportunity but will further enable to community to connect with their favorite creators by owning a piece of their unique art, while also being able to derive monetary benefits from the same.

Buyers of these NFTs will get 10% of the daily income in Gari earned by the creator on the engagement they receive on their videos on the Chingari app. A unique price has been assigned to every video depending on the activity of the creator on the Chingari app. These NFTs can then be bought by anyone (Chingari user/non-user).

Speaking at the launch of Creator Cuts Sumit Ghosh, Co-founder & CEO, Chingari and GARI token says, “At Chingari, empowering and enabling creators to engage effectively and intrinsically with their community has been the cornerstone of our success since our inception. We believe in the immense potential of the Creator Economy and are wholly committed to its growth and democratisation across the spectrum. Towards this, we are always innovating and creating unique programs and propositions which lie at the cross-section of popular culture, ecosystem growth and our business priorities. The introduction of Creator Cuts is one such unique initiative which empowers the creators as well as the community to not only form deeper connections but also grow together in the truest sense of the term.”