The world’s fastest-growing on-chain social network, Chingari, has recently launched its first video NFT marketplace known as Creator Cuts. This move marks Chingari’s dedication to the development of the creator economy.
At the NFT Market Launch, Chingari’s Co-Founder and Chief Executive Officer, Mr. Sumit Ghosh, stated:
“Since its inception, Chingari has been devoted to giving creators the tools to effectively interact with their community. We strongly believe in the potential of the Maker Economy and are devoted to its democratization and growth. The introduction of Creator Cuts is one of our efforts to achieve this, allowing both creators and the community to form deeper connections and grow together.”
Creator Cuts is the first Video NFT marketplace featuring the best videos from Chingari’s creators. In addition to giving creators a platform to make money and engage with their audience, those who buy an NFT will also receive 10% of the GARI token revenue that the creator gets each day. This means that the video creators will be sharing the profits from their NFTs with the buyers.
Chingari creators can edit and sell their videos on Creator Cuts to increase their income. Each video will be given a unique price based on the creator’s activity on the Chingari app. The NFTs can be purchased by both non-users and users of the Chingari app.
