Homegrown short-form video app Chingari has announced a new content monetisation plan for its creators and users.

Creators and users will be offered daily, weekly and monthly subscription plans for monetisation for as low as Rs 20.

Under its Gari mining program, Chingari rewards its creators and users’ native crypto token, GARI for doing in-app activities like uploading, watching, liking, commenting, and sharing videos, which can be traded on crypto exchanges and later withdrawn into the crypto wallets, IANS reported from Bengaluru.

However, under its new subscription plans, creators and users can withdraw the earnings directly into their bank accounts, making it a friction-free and completely seamless process, said the company.

The platform said that subscription plans will allow creators and users to withdraw their earnings directly into their bank account”.

Chingari currently has more than 160 million users in over 15 languages. It has more than five million daily active users (DAU) and 40 million monthly active users (MAU).