top of page
The Communiqué News

Chingari, the world's fastest-growing on-chain social service, has announced the burning of 2.6 million GARI tokens in its first token burn. This significant move represents 0.25% of the entire GARI token supply, demonstrating Chingari's dedication to building a healthy and thriving token ecosystem for its consumers.


Pritish Bagdi

This token burn was funded by income produced from boost and badge sales, and Chingari intends to continue with monthly token burns until the total quantity of GARI tokens hits 21 million. With a total supply of approximately 997 million GARI tokens, this is a lofty goal, but one that Chingari is determined to meet.

Chingari's monthly token burns will take place on the first of every month, and will involve burning income from the previous month's Boost and Badge purchases. The on-chain app also intends to introduce other revenue streams for token burn if necessary. These burns will ensure that currencies are permanently removed from circulation, a procedure known as token burn.

Sumit Ghosh, CEO & Co-Founder, Chingari, communique, “Token burning is a common yet powerful crypto industry practice that reinforces our commitment to building a sustainable GARI ecosystem. We remain committed to creating effective economics that will drive long-term success and benefits for our community and ecosystem.”








The inaugural Moving the World with Music conference in Seoul was dominated by artificial intelligence. However, K-Pop executives claim that copyright law lags far behind technologies like ChatGPT and Midjourney.


Pritish Bagdi

Image: Moving the World with Music


Supertone, a Korean startup backed by BTS promoter Hybe Corp., used its platform at MWM to exhibit voice technology and lower barriers in music production. "Our ultimate goal is to create a link between creators and technology, making what creators thought was impossible into reality," stated Lee Kyogu, CEO and co-founder of Supertone.

Pozalabs, backed by CJ ENM, was founded in 2018 when CEO Huh Wongil noticed a growing demand for low-cost background music for video content creation. Current music copyright clearance issues are an impediment to the (legal) use of previously recorded music and could not keep up with the "ppalli ppalli" (anything fast) work schedule of the Korean business. “Typically, it takes about two weeks to create music, but it takes about 5 minutes for our system. That means we can make 50-60 tracks, while others can only do five,” said Huh.

However, the recent controversy surrounding the viral track "Heart on My Sleeve" by Drake and The Weeknd doppelgangers was mentioned in multiple panel discussions on Thursday. The Korea Music Content Association organised the conference, which brought together executives from the music and technology industries, as well as government officials and members of the Korean parliament.

"More must be done to ensure that Koreans can compete on an equal playing field." For example, Korean artists are still unable to fully benefit from public performance rights, which account for a significant portion of industry revenue. "They are also unable to effectively prevent Korean consumers from accessing foreign streaming sites," said to Lauri Rechardt, chief legal officer at the International Federation of the Phonographic Industry.

According to the most recent IFPI Global Music Report, Korea is now the world's seventh largest music market. It rose by more than 14% in 2022, much exceeding the global average of 9.0%.

However, the country's copyright laws currently only apply to humans and businesses, not to virtual humans or AI-generated content. And Korean courts have yet to rule on a patent application for American scientist Stephen Thaler's artificial intelligence system, Device for the Autonomous Bootstrapping of Unified Sentience (DABUS). DABUS' patent applications have already been denied in the United States, the United Kingdom, Australia, and parts of Europe.

“As AI advances, we need to come up with synchronized international laws, so K-pop can spread throughout the whole world and IP can be protected,” said Kim Shi Hyeong, director general of the Korean Intellectual Property Office.


An Overview of Generative AI in Audio







The debut of a virtual fashion assistant leveraging OpenAI technology by European fashion e-tailer Zalando, based in Germany, aims to improve the online fashion buying experience.


Pritish Bagdi

Image: Zalando; virtual fashion assistant powered by ChatGPT


In a statement, Zalando said it would launch the first beta version of its virtual fashion assistant powered by ChatGPT across its website and apps this spring to help customers navigate through its “large assortment in a more intuitive way”.

Utilising OpenAI technology, the chatbot will allow customers to ask questions using their own fashion terms and words and provide them with relevant suggestions in an “intuitive and natural” way.

According to Zalando, if a customer asks, “What should I wear for a wedding in Santorini in July?” the fashion assistant will understand that this is a formal event and what the weather is like in Santorini in July, and therefore, provide clothing recommendations based on that input.

This could be combined in the future with customer preferences, such as brands they follow and products available in their sizes to deliver a more personalised selection of products, added Zalando.

The virtual fashion assistant will be enabled for a selected group of customers in the UK, Ireland, Germany and Austria, with support in both English and German.

Tian Su, vice president of personalisation and recommendation at Zalando, said: “At Zalando, our customers have always been at the centre of everything we do. As a leader in fashion e-commerce in Europe for 15 years, we have consistently embraced new technologies to enhance our customers' shopping experience. We are excited to be experimenting with ChatGPT to help our valued customers discover even more fashion they will love.

"This is just the beginning; we are committed to understanding our customers' needs and preferences even better, and we are eager to explore the potential that ChatGPT can bring to their shopping journey. As we continue testing and introducing new solutions, our focus remains on learning how our customers want to interact with our fashion assistant to provide them with the best possible experience."



bottom of page