On November 6th, India’s short video social platform Chingar announced on Thursday that its social token GARI had raised $40 million within 24 hours after the sale in Republic.
Chingar stated in the statement that GARI is based on the Solana blockchain and aims to provide content monetization opportunities for the creator community.
Republic is a crowdfunding platform that provides investments in startups, real estate, games, and cryptocurrencies.