Country for PR: China
Contributor: PR Newswire Asia (China)
Thursday, January 13 2022 - 16:59
Huobi Primelist to List GARI, Supporting Gari Network's Efforts to Incentivize Social Video Content Creation
LONDON, Jan. 13, 2022 /PRNewswire-AsiaNet/ --

Huobi Global, one of the world's leading digital asset exchanges, today 
announced its eleventh Primelist event, offering its users exclusive 
access( to SocialFi 
project Gari Network and its token GARI upon its official listing. Gari Network 
incentivizes users to create content for its social media platform. Primelist 
participants can line up for numbered tickets or hold Huobi Tokens for three 
days to potentially win an allocation of the GARI token offering.

Gari Network will use the listing to fund further growth and ensure that it has 
ample capital to incentivize content creators. The company is built upon the 
concept of SocialFi - a fusion of social media, web3.0 and finance that 
incentivizes users with rewards by tokenizing their social influence. The issue 
with traditional social media platforms is that they tend to dominate content 
creation, making it difficult for emerging content creators to grow and thrive. 

To address this issue, Gari Network launched a short-form video application, 
Chingari(, enabling users to create and share videos, 
rewarding them with GARI tokens. Chingari is now India's fastest growing video 
app, with more than 85 million users. It keeps video viewers engaged with 
transparent tipping features, and its decentralized governance structure 
enables users to have a voice in how the platform is run. 

The eleventh Primelist event reflects Huobi's efforts to support projects that 
can disrupt industries. Starting 19:30 (HKT time) on Jan 18, 2022, users will 
be eligible for an allocation of the GARI offering at the opening price, if 
they queue for numbered tickets or hold Huobi Tokens for three days. Other 
users not participating in Primelist can also purchase GARI tokens on Huobi 
Global after the listing. For more details, click 

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About Huobi Group

Huobi Group, a world-leading blockchain company, was founded in 2013 to make 
breakthroughs in core blockchain technology and further the integration of 
blockchain technology with other industries.