Cheelee
Cheelee
CHEEL
Cheelee Timeline
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Cheelee Token allocation
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- Jun,2023Cheelee expanded its core feature, NFT glasses, allowing users to level up and trade them to increase earning potential.
- Apr,2023Cheelee hosted an airdrop, distributing $5 million worth of CHEEL tokens to users who completed simple tasks like subscribing and using the app.
- Feb,2023Cheelee officially launched its platform, aiming to reward users for watching short video content through its "watch-to-earn" model.
Cheelee Info
- Jun,2023Cheelee expanded its core feature, NFT glasses, allowing users to level up and trade them to increase earning potential.
- Apr,2023Cheelee hosted an airdrop, distributing $5 million worth of CHEEL tokens to users who completed simple tasks like subscribing and using the app.
- Feb,2023Cheelee officially launched its platform, aiming to reward users for watching short video content through its "watch-to-earn" model.
Cheelee Team
Cheelee Intro
Cheelee (CHEEL) is an innovative project at the intersection of cryptocurrency, social media, and GameFi, launched in February 2023 by NUTSon. It's designed to reward users for their engagement with short video content, leveraging the principles of the attention economy—a concept where people's time and focus become valuable resources in a world inundated with information.
Cheelee introduces a unique way for users to earn rewards simply by watching videos, a common activity that takes up a considerable portion of the average person's digital life.
The platform operates on a dual-token economy with CHEEL and LEE tokens serving different purposes within the ecosystem. CHEEL is the governance token, used for leveling up NFT glasses, voting on new features in the app, and paying for in-app advertising. LEE, on the other hand, is a utility token awarded to users for watching content, which can also be used for various activities within the app, such as upgrading and minting NFT glasses, making donations, and promoting content.
One of Cheelee's core missions is to facilitate the broader adoption of cryptocurrencies by integrating seamlessly into the daily activities of social media users. By not requiring users to alter their habits significantly, Cheelee creates an accessible entry point into the crypto economy for its audience. This strategy is aimed at capturing a portion of the 4.6 billion global social media users, presenting a straightforward way to earn from engagement without needing deep knowledge of cryptocurrencies.
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Cheelee Timeline
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Q&A about Cheelee Tokenomics
Explore the tokenomics of Cheelee(CHEEL) and review the project details below.
What is the allocation for Cheelee(CHEEL) ?
The Cheelee (CHEEL) token allocation is thoughtfully structured to support the project's ecosystem, ensuring a balance between rewarding users, securing liquidity, marketing, and compensating the team and advisors. Here's a breakdown of how the CHEEL tokens are distributed:
- Reserve Fund: 12.25% of the total supply is set aside in the Reserve fund.
- Strategic Rounds and Private Round: 0.2% for Strategic round 1, 0.15% for Strategic round 2, and 0.05% for the Private round.
- Team: 10% of the total token supply is allocated to the team.
- Community Drops: 0.125% of the total supply is dedicated to community drops.
- Advisors Rewards: 0.5% of the total supply is allocated as rewards for advisors on the project.
- Liquidity Fund: 10% is allocated to the liquidity fund.
- Marketing: 28.625% of the tokens are allocated for marketing purposes.
- App Rewards: The largest portion, 38.1%, is allocated for rewards within the app
What is the supply schedule for Cheelee(CHEEL) ?
The supply schedule for Cheelee (CHEEL) is structured around a total supply of 1 billion CHEEL tokens.
Cheelee's economic model is designed for stability and growth, with measures such as a two-year freeze on investment capital and team tokens to prevent market volatility. A significant portion of the company's revenue, including advertising revenue, in-app purchases, transaction fees, and NFT sales, contributes to the Stability Fund, which supports the token rate against market fluctuations
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Cheelee (CHEEL) is an innovative project at the intersection of cryptocurrency, social media, and GameFi, launched in February 2023 by NUTSon. It's designed to reward users for their engagement with short video content, leveraging the principles of the attention economy—a concept where people's time and focus become valuable resources in a world inundated with information.
Cheelee introduces a unique way for users to earn rewards simply by watching videos, a common activity that takes up a considerable portion of the average person's digital life.
The platform operates on a dual-token economy with CHEEL and LEE tokens serving different purposes within the ecosystem. CHEEL is the governance token, used for leveling up NFT glasses, voting on new features in the app, and paying for in-app advertising. LEE, on the other hand, is a utility token awarded to users for watching content, which can also be used for various activities within the app, such as upgrading and minting NFT glasses, making donations, and promoting content.
One of Cheelee's core missions is to facilitate the broader adoption of cryptocurrencies by integrating seamlessly into the daily activities of social media users. By not requiring users to alter their habits significantly, Cheelee creates an accessible entry point into the crypto economy for its audience. This strategy is aimed at capturing a portion of the 4.6 billion global social media users, presenting a straightforward way to earn from engagement without needing deep knowledge of cryptocurrencies.