GARI wallet reaches 800k signers in five months

India’s TikTok has reached a new milestone less than six months after the GARI token was integrated into the Chingari app.

The GARI Network announced on Twitter that it had reached 800,000 wallet signers on Wednesday, July 13. This latest development will take place just months after the integration.

According to the teamThe milestone will be five months after the GARI wallet was integrated into the Chingari app.

GARI Network is a web3-based social community focused on the growth of the Chingari platform. Chingari is India’s leading short video app. This allows users to monetize content on the blockchain via GARI tokens.

Today, Chingari is India’s fastest growing short video app, with millions of active users every day. With this app, users can create short videos and share them around the world, similar to Tik Tok.

Every time a user creates a video in Chingari, a GARI token will be awarded. According to the development team, GARI is a social token for the Chingari creator community. Grant governance authority to users when deciding on future development of the platform through Decentralized Autonomous Organization (DAO).

The GARI network has encouraged more users to join the Chingari app and sign up for their GARI wallet. The team added that the platform has a mission to involve one billion on-chain users.

GARI, like other cryptocurrencies in the broader crypto market, has lost more than 50% of its value in the last few months. Earlier this year, GARI was trading at $ 0.78 per coin. However, it is currently trading at $ 0.0971 and has fallen by more than 2% in the last 24 hours.

Despite the bear market, the GARI and Chingari apps continue to build and achieve new milestones, including reaching 800,000 wallet registrations.