What Is Gari Network?

About Gari Network (GARI)

It is a concept that introduces social media apps to blockchain. The main product of Gari is Chingari application, the biggest on-chain Web3 social app which is based on Solana. The Chingari showed impressive results by taking place in the top20 most downloaded applications on Google Play just 2 years after the launch.

GARI is a social token. It serves as a currency of Chingari and a token giving an opportunity to join the governance and influence the development process. GARI exists to motivate creators to produce authentic content and maintain the viewers’ involvement via transparent limited features, unique content and involvement into the platform’s activities through a decentralized governance structure.

Where did Gari Network (GARI) come from?

Gari Network is originally from India. According to the roadmap, the work on Gari Network started in August 2021 whilst the Chingari application was launched in November 2018. It has 4 co-founders: Sumit Ghosh, Deepak Salvi, Biswatma Nayak and Aditya Kothari.

The core goal of Gari is to institutionalize the space, boost the expansion and development of the ecosystem behind digital assets and blockchain. Also, with Gari Network, both creators and users have a chance to get paid for their creations and experience. 

What are the advantages of Gari Network (GARI)?

1. Monetization for platform users. Gari is willing to solve the problem of many content platforms, which do not reward creators’ and users’ contributions adequately. Gari’s creating an ecosystem which allows people to monetize their participation.  
2. Successful application. Chingari app has already attracted millions of users and is continuing to grow the audience. This surely affects the loyalty of the crypto community which potentially would like to join the project and earn GARI tokens. 

What are the disadvantages of Gari Network (GARI)?

1. Young project. The success of the Chingari app does influence the Gari Network a lot, but still as the project was launched just a year ago, it needs to be researched and developed to give users the best experience. 
2. Token price. At this very moment, the price of the GARI token is quite low. On the other hand, given the token price being lower than ATH (all time high) sometimes means, it's possibly is a great buy. Furthermore, GARI Network consists of multiple products, and the GARI token is a social utility token integrated across all the products.

How to buy Gari Network (GARI)?

If you plan to buy GARI tokens, make sure to visit the SimpleSwap homepage. Follow our instructions to purchase GARI:

1. Let's say you would like to exchange BTC for GARI. Choose the currency you want to exchange (BTC) in the first drop-down list. Enter the amount you would like to swap.
2. Select GARI in the second drop-down list. You will see the estimated amount that you will receive after the exchange.
3. Click the Exchange button.
4. Enter the Recipient's Address. GARI will be sent to this address. Be careful and make sure you use the correct address.
5. Create the exchange.
6. You will see the Bitcoin deposit address. You need to transfer the necessary amount of BTC to this address to start the exchange.

SimpleSwap reminds you that this article is provided for informational purposes only and does not provide investment advice. All purchases and cryptocurrency investments are your own responsibility.