Skip to main content

GameFi Short Video Platform Cheelee Launches CHEEL Community Drop Worth $5,000,000

PRESS RELEASE. Cheelee, the GameFi short video platform well-known for rewarding users for viewing their feeds, has announced the most monumental Community Drop of 2023. Starting from April 17th, every vertical video lover now gets the chance to get on board one of the most promising projects ever launched and take home a share of a $5,000,000-worth pool of CHEEL tokens. The community drop will be run on Zealy platform, so everyone is warmly welcomed to grab a share of the loot.

To succeed in Cheelee Community Drop, the participants will have several hassle-free tasks they will have to complete, designed to familiarize them with the platform, its in-app earning mechanics, as well as onboard them to the global Cheelee fans community. Finally, the Community Drop pool of $5,000,000 worth of CHEEL will be spread among all participants that meet the afore-mentioned criteria. A more detailed guide on how to join in on the drop is available on the official Cheelee Community Drop page.

Cheelee, declared among the most promising projects to transform the Web3 landscape in 2023 by a plethora of media platforms, is a step-change in social media development. The platform was the first of its kind to set its focus on the people from whom SocialFi projects actually derive their value – their users. Thus, unlike YouTube or TIkTok, Cheelee not only rewards the content creators but also the vertical video consumers for the time that they spend viewing their feeds.

As Cheelee’s revolutionary approach relies on the attention economy theory introduced by Nobel prize winner Herbert Simon, the platform provides an equal opportunity for everyone to earn from their most in-demand resource – their time and attention. All you need to do to start earning with Cheelee is sign up on the app,and get your starter NFT-glasses. The rest is simple as can be – Cheelee users receive their rewards in the form of tokens for the time they spend consuming their beloved content. For even more money-making opportunities, Cheelee users can upgrade their NFT-glasses to earn their investments back at least two-fold.

Cheelee is set to bring the mass adoption of crypto to a whole new level. While the current crypto audience is estimated at a lowly 320M, the user base for short video socials reaches nearly 5 Billion people. With their revolutionary approach to building a true user-centered SocialFi platform, Cheelee is poised to conquer the social media market in the near future.

When reached for comment, Cheelee CEO and co-founder Ruslan Sharov gave the Community Drop participants a warm welcome.

“We are pleased to announce the initiation of our drop, the likes of which have never been seen before. Anybody who so desires will get the chance not to carve out for themselves a healthy share of the $5,000,000 prize fund but will also be able to get close and personal with a product that has already changed the rules of the game in the social network segment. The work that our team does is geared first and foremost at catering to the needs and interests of our users, and now, in Cheelee, they see before them a unique opportunity to transition into the Web3 world and make money off of their own unique habits and preferences,” – Ruslan Sharov declared.

About Cheelee

Cheelee is a GameFi short video platform that pays users for the time they spend viewing their feeds. Powered by smart AI-algorithms, Cheelee provides a healthy mix of dopamine from the user watching the content of their choice and monetization of their valuable attention, which has until now gone ignored by other existing social media platforms.

Cheelee’s tokenomics is based on two digital assets – CHEEL and LEE. CHEEL, the native token of Cheelee, is utilized for voting on new feature integration and other governance procedures. Currently traded on Coinsbit and‌ BitMart, CHEEL has already enjoyed high praise among the media and community with the 10x+ growth it has shown and is projected to even maintain its meteoric rise. Meanwhile, the utility asset LEE serves for in-app purchases, including buying and upgrading NFT-glasses, content promotion, and donations.

 

 

 

 


This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.



from Bitcoin News https://ift.tt/xV3zSZh

Comments

Popular posts from this blog

Mt Gox Creditors Updated, Trustee Says Rehabilitation Custodian Is ‘Currently Preparing to Make Repayments’

On August 31, 2022, the Mt Gox trustee Nobuaki Kobayashi explained in a recent letter that the rehabilitation custodian is “currently preparing to make repayments” to Mt Gox creditors. Trustee Updates Mt Gox Creditors — Repayment Date and Exchange Still Unknown Last week speculation and rumors concerning the release of 140K bitcoin ( BTC ) from Mt Gox littered social media platforms and headlines. Bitcoin.com News covered the situation six days ago as a number of people and Mt Gox creditors called the rumors “ fake news .” During that same period of time, a bitcoin whale transferred 10,000 BTC to unknown wallets, and a 2018 annotation , heuristics, and clustering methods show the funds likely originated from the June 2011 Mt Gox hacks. Following the mysterious whale transfer, last Wednesday, Mt Gox published an official update from the court trustee Nobuaki Kobayashi that explains the court is “currently preparing to make repayments” to creditors. Mt Gox creditors have been wait...

Fidelity Discusses Bitcoin as Portfolio Insurance — Could Soon Stand in ‘Stark Contrast’ to Path Fiat Currencies Take

Fidelity Digital Assets, a subsidiary of Fidelity Investments, says that bitcoin could be considered portfolio insurance. The firm notes that the cryptocurrency “may soon stand in stark contrast to the path that the rest of the world and fiat currencies may take — namely the path of increased supply, additional currency creation, and central bank balance sheet expansion.” Fidelity Says Bitcoin Could Be Portfolio Insurance Fidelity Digital Assets, a subsidiary of Fidelity Investments, recently published a research study titled “The Rising Dollar and Bitcoin.” The research outlines “how bitcoin could be considered portfolio insurance” as the rising dollar impacts global currency markets. “The strengthening U.S. dollar is wreaking havoc among other countries and may put pressure on the Federal Reserve to soon reverse its tightening monetary actions, something that has precedent based on 1985’s Plaza Accord,” Fidelity explained. In addition, “more monetary debasement may be needed to ...

Economists Discuss Russia, China Potentially Developing Gold-Backed Currency That Could Undermine US Dollar

Economists have weighed in on reports that China and Russia may be developing a new gold-backed currency that could undermine the U.S. dollar’s status as the world’s primary reserve currency. Russia and China May Be Developing Gold-Backed Currency Several experts have shared their views on Russia and China potentially creating a new gold-baked currency, Fox Business reported Saturday, emphasizing that China has been buying up huge quantities of gold while Russia was forced off the U.S. dollar due to sanctions imposed on the country following its invasion of Ukraine. The news outlet noted that some experts have cautioned that these moves, along with the closer relationship that has developed between Moscow and Beijing, point to the likelihood of China attempting to launch a gold-backed currency. However, neither Russia nor China has officially confirmed plans for such a currency. Craig Singleton, senior fellow at the Foundation for Defense of Democracies and a former U.S. diplomat,...