CHEEL Is What Will Pull the Crypto Market out of the Winter

In the 21st century, the most important value is attention. It is an increasingly scarce resource as the means of communication develop. Today, the lion’s share of the Internet audience’s attention is concentrated in social networks, and short video platforms show the biggest growth among all others. All of them are fighting for the viewer’s attention, but none of them has paid for the time spent watching the videos so far. However, today, there is a project on a pre-launch stage, which considers this situation unfair claiming that not only the creators of the videos should be paid, but also those who watch these videos. This project is called Cheelee, and soon it will completely change our understanding of social networks.

What Is Cheelee?

Cheelee is a social network of short videos with GameFi mechanics. Here, as well as on other video platforms, you can earn money by creating content. But the most amazing thing is that in addition to the authors, Cheelee also pays viewers for watching the feed, that is, in fact, it monetizes the time you spent on the platform. The algorithm creates a smart feed, you get content that is interesting for you, and Cheelee rewards you for the time you spend on it.

For bloggers, Cheelee is a new chance, a great opportunity for explosive growth. Going to Cheelee today is like evaluating the capabilities of TikTok before anyone else. In fact, all authors enter a new network with equal opportunities, and those who join earlier will receive a new grateful and responsive audience, which, moreover, will be financially motivated to watch videos for as long as possible.

Solving the Attention Deficit Problem

The mechanics of the earnings in Cheelee are built on the economy of attention. In P2E applications, which became last year`s absolute trend, you needed to walk, play or do something else to earn money. But Cheelee pays for the user’s attention, which is an absolute innovation in the social media market, and in the Internet space as a whole.

Attention deficit has been talked about for a long time: not only single bloggers, but also huge corporations spend unimaginable amounts of money fighting for the right to grab your attention. And only Cheelee came to the idea of giving part of the earned funds to the subject of attention, i.e. the network`s user, thereby motivating the user to choose this particular platform.

Cheelee’s Sustainability of Economic model

Cheelee’s strong point is its sustainable financial model. In the current market, this is more than important, because we have all seen how projects that raised millions overnight then experienced a dramatic drop in the value of their assets.

So, for example, at first, it took about a few weeks to earn a tangible profit in the StepN project. With a successful investment in promising sneakers, you could earn up to several thousand dollars in 1-2 months. However, today, it will take you at least six months, and in some cases up to a year, just to reach zero, which kills the very idea of the game. And in many ways, the reason for such changes was not only the bear market, but also an insufficiently calculated financial model, the basis of which was the influx of new users. Similar models are practiced in Ponzi schemes, where the last investors are left with huge losses, while the first ones skim all the cream.

The Cheelee model has several elements that ensure its stability. The platform’s revenue is 40% provided by advertising, in-game purchases and cooperation with brands. The model does not require a constant influx of new users to support the economy, and this gives it independence from the market`s vagaries. 

The second important component of Cheelee’s sustainability is that most of the revenue from advertising profits and in-game purchases, as well as 100% of the revenue from the sale of NFT and internal transactions go to the stability fund. It guarantees that the exchange rate of the platform asset will not sink, leaving its investors and users with nothing. 

How Do They Earn Here?

Cheelee offers the easiest and most enjoyable way of passive earnings: watching an exciting feed that the AI selects specifically to your liking. You needn’t pay any money to get into the game. After registration, you immediately get NFT glasses which allow you to start earning. Later, you can also purchase higher status glasses and earn more.

Cheelee Smart Tokenomics

The Cheelee economy is based on two tokens.

• CHEEL: the governance token, which will be issued in a total quantity of 1,000,000,000. CHEEL allows you to increase the level of NFT points. With this token, the community votes on important issues of the platform’s development, according to the DAO principle.
• LEE — the utility token, also with a limited issue of 7,000,000,000 units. All charges in the application are conducted in this internal token. LEE is automatically credited to the wallet inside the app when viewing the feed. The rate of its accrual algorithmically depends on the number of tokens mined: the more they are, the more difficult it is to get new LEE tokens. LEE`s mining difficulty is constantly growing: by 7% per month and 84% per year, and its price is growing accordingly, which makes it an extremely promising asset for investing, as its limited issue stimulates the growth of the asset price in external markets. In fact, $LEE can become a kind of new bitcoin, since the prospects of the short video social network with its own cryptocurrency are really huge.

What Other Prerequisites Are There for CHEEL’s Growth?

1. The investment funds’ and team’s tokens are frozen for 24 months. At the moment of active growth of the project and its formation there won’t be any tokens in free circulation — the only exception is a $100,000 community drop (tokens are locked for 12 months) and a 3% TGE. This means that CHEEL is insured against panic sales, as well as pressure from funds and investors.
2. The estimate of competitors in the TikTok market is $500 billion, and if we assume that Cheelee’s growth potential will be at least $100 billion (although it is much higher), then CHEEL`s price will grow by more than 1000 times!
3. The potential audience of the application is 4.6 billion — this is how many people use social networks today. Cheelee is aimed at a wide audience of social networks` users, unlike Play2Earn and Crypto projects, which interact only with the crypto audience, which size is only 320 million people today.
4. The influx of new users from all social networks will give CHEEL a huge fan army. Approximately such popularity was predicted to Libra, a cryptocurrency that Facebook was going to launch, but did not do so due to a ban by regulators. 

All together, these prerequisites suggest that the CHEEL token is going to the moon soon.

Cheelee’s Mass Adoption

The technology that underlies Cheelee was created by experienced developers, and it took more than three years, so no analogues of this social network will be released in the near future. Cheelee`s creators already have a successful experience of launching social networks: in their portfolio there is a NUTSon case with 1.5 million users.

It seems that such an idea, which is the basis of Cheelee, is able to pull the crypto community out of the prolonged winter period. And, on the other hand, the effect of a social network, where users are paid for the time spent here, is able to give mass adoption to crypto. And this will happen with no artificial efforts. User flow will be absolutely familiar: users flip through the feed and only then, naturally, become interested in crypto — after all, they need to somehow withdraw what they earned.

By the way, Cheelee is currently conducting a token drop: the drop allocation is only $50,000, and early birds get the best deals. We strongly advise you not to miss the moment and join the phenomenon, which is likely to become a new round in crypto industry and social networks development. With all the growth triggers, can you imagine how much $CHEEL will cost a year after launch? Many were skeptical first of Instagram, and then of TikTok, but those early birds who believed in these social networks became stars. Don’t ignore trends. The first ones win, they get everything!