Disclaimer: Banter Capital is an investor in Gari NFTs
The Solana-based Gari Panda NFT collection consists of a tribe of 9,999 super cute Panda NFTs that promise to unlock value for holders inside Chingari’s “Metaverse for Creators”, Chingari-Verse.
The team aims to bring unique digital and real-world utilities to their holders, including:
- Exclusive access to Chingari Ads Club.
- Music and video streaming revenue-share.
- Benefits from (and participation in) future projects started by the GARI DAO.
- Exclusive access & earning from P2E games.
The public mint starts on March 31 at 12:00 p.m. UTC, kickstarting what appears to be a long and exciting roadmap ahead.
Source: https://gari.network/gari-panda/
The NFT holder benefits
Beyond owning such an adorable JPEG, what are the other perks to being a proud Gari Panda owner?
As holders, you’ll get exclusive access to the Chingari Ads Club, and in one of the most innovative NFT use cases to date, future advertisers will need to own a Panda NFT to run ads in the Chingari app.
For advertisers, owning a Panda NFT will be a prerequisite for commercial exposure to the Chingari app’s millions of users. Think about that. For anyone looking to flip a Panda for a quick buck, the longer you hold it, the more value it is likely to gain. Digital marketing is a US$763 billion a year industry, meaning big brands will likely pay big money for the right to market on the Chingari platform.
But that’s not all.
Panda holders will gain access to the Chingari Metaverse, a platform for virtual gigs and VR experiences, as well as home to play-to-earn (P2E) games, where holders can receive tokens for playing.
Further, Panda holders will be granted exclusive access to “invite-only” parties with the many celebrities collaborating with Chingari. The first party going ahead is the “Chingari Superstars Party”.
Chingari is also building India’s first independent music record label on the blockchain. Panda holders will be able to vote on decisions made for the label, as well as earn passive income from the streaming revenue generated. Furthermore, partnership NFTs will be launched alongside music and video streaming platforms.
Holders will also be able to invest in film productions via the decentralized independent production house on Chingari Multiplex, with the chance to earn a percentage of the revenue.
Even more passive income opportunities will come via the sale of Panda apparel brand products on the merchandise store, with 10% of sales revenue being redistributed back to NFT holders.
For some, the most exclusive, real-world benefit may come down to the chance to meet your favorite Bollywood stars in person, or joining them in AMAs (Ask Me Anything), as well as access to GARI club, a community that offers VIP access to nightclubs, as well as exclusive concerts. GARI club will also be holding annual meetups for the community.
Other notable benefits include:
- NFT staking.
- Exclusive interaction with creators.
- Recognition of NFT holders in Chingari app.
- Additional discounts on in-app purchases.
But what is a great project without a great team to back it? How’s this for an elite bunch:
Source: https://gari.network/gari-panda/
There is a lot to GARI Panda, so check out their website, or join their bustling online community, where other members will be able to answer your questions.
Banter’s take
The world moves fast, attention spans are getting shorter and shorter. Everyone is looking for the next big innovation. Sometimes, it’s just a case of expanding on existing tech.
In this case, GARI Panda is going one step beyond offering mere future supplemental NFT and token drops. They are leveraging their connections and position in society to offer real-world use cases to their holders, and at the same time, highly innovative and attractive use cases for advertisers.