Cheelee
Cheelee is a short video GameFi social media platform that rewards users for watching the feed.
| USD | 2023 |
|---|---|
| Revenues | 0000 |
| EBITDA | 0000 |
| Profit | 0000 |
| EV | 0000 |
| EV / revenue | 00.0x |
| EV / EBITDA | 00.0x |
| R&D budget | 0000 |
Source: Dealroom estimates
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Cheelee.io is an innovative startup operating at the intersection of social media, blockchain technology, and GameFi (a blend of gaming and finance). The company aims to revolutionize how users interact with social networks by allowing them to earn money simply by engaging with content. This unique approach democratizes income opportunities on social media, making it accessible to everyone, regardless of their follower count.
Cheelee.io primarily serves individual users who are active on social media and interested in earning money through their online activities. The platform operates in the rapidly growing market of decentralized finance (DeFi) and blockchain-based applications, which includes NFTs (non-fungible tokens) and cryptocurrency.
The business model of Cheelee.io is built around its proprietary tokens, CHEEL and LEE. CHEEL is a governance token with a total supply of 1 billion, allowing users to vote on new features and updates within the app. LEE is a utility token with a total supply of 7 billion, used for transactions within the platform. Users earn LEE tokens by viewing content on the platform, and the rate of earning decreases as more tokens are accumulated, making it progressively harder to earn new tokens.
Revenue generation for Cheelee.io comes from several streams. Firstly, users can purchase NFT glasses and other digital assets that enhance their earning potential on the platform. These NFTs can be leveled up or combined to create more valuable assets, requiring users to spend LEE tokens. Additionally, the platform may earn through transaction fees, partnerships, and possibly advertising in the future.
In summary, Cheelee.io is a forward-thinking startup that leverages blockchain and GameFi mechanics to turn user attention into income. By creating a system where users earn by engaging with content, Cheelee.io taps into the vast potential of decentralized social media and digital assets.
Keywords: Blockchain, GameFi, Social Media, NFTs, Cryptocurrency, DeFi, Digital Assets, User Engagement, Tokenomics, Revenue Model.