CHEEL Token by Cheelee Short Video Platform Takes 1st Place in Top Media Crypto Ratings

by Arthur · March 5, 2023

Dubai, UAE, March 06, 2023 (GLOBE NEWSWIRE) — GameFi card video platform Cheelee has announced that the CHEEL token became the first among metaverse gaming cryptocurrencies, according to Investorplace and Markets Businessinsider. In addition, CryptoDaily has released a ranking of the 5 most emerging cryptocurrencies to watch for in 2023, with the CHEEL token in 1st place. This rating was picked up and posted by CoinMarketCap. Cheelee may well become the first video platform in the coming years and revolutionize the social media market by adding an element of revenue from viewing the feed to the daily activity of its users. Everything is simple. Users just scroll their favorite content and earn while watching the feed.

Cheelee is a revolutionary GameFi card video platform, which has a strong potential to steal the audience of all its rivals in the coming years. Cheelee lowers the barrier to Web3 and cryptocurrency adoption by allowing a worldwide audience of 4.6 billion social media users to earn money while watching their favorite videos. The app is user-friendly and has zero entry, as all users receive free NFT glasses immediately after registration. Later they can increase their income with higher level NFTs and a set of gaming tools and of course they can become creators and earn extra income.

CHEEL token really has a strong potential to become an additional profitable investment in 2023 because Cheelee is the first blockchain project with a potential audience half the size of humanity! Thanks to the GameFi mechanics, Cheelee opens access to crypto to all social network users, thus giving cryptocurrencies a quick and easy mass adoption.

If Cheelee attracts at least a fifth of TikTok users in the next two years, CHEEL will earn over 1000 xs. Nevertheless, the potential is much higher, because no social network has given users such income opportunities before. According to the editors of NewsBTC, the CHEEL token will put an end to the long crypto winter.

On February 22, the Cheelee app was added to Google Play and in early April it will be available on the App Store. The application has an AI-based innovative personal recommendation system and machine learning on board. Cheelee is protected from farms and bots, so all tokens are always fairly earned.

Cheelee has a sustainable economic model: it is first and foremost a social network, so up to 40% of Cheelee’s total revenue comes from non-NFT sales sources of revenue, i.e. from advertising, in-app purchases and collaboration with brands. For example, in move-2-earn apps, this number is only 1%. Most of the revenue (100% of NFT sales and platform transaction fees, as well as 70% of advertising revenue and in-app purchases) goes to the Stability Fund, which saves CHEEL’s price from investors’ moods and deep falls. CHEEL is currently listed on Coinsbit and BitMart, and within a month of trading, the token showed an increase of more than x75.

Cheelee’s revolutionary approach is called the attention economy. This concept was first proposed by Herbert Simon in the 70s of the 21st century. According to it, attention is the most valuable resource of the new economy, as it is becoming more and more rare, so people should be paid for their attention. This is exactly what Cheelee is doing, thus solving the global problem of looming unemployment that the introduction of AI creates.

By 2022, the app has attracted $22.75 million: VC Sila and Veligera — $8 million in equity investment; 6 VC funds – $3.75 million in token allocation, company founders – $11M in the project’s launch. In case you are still hunting for your crypto gem, don’t miss your opportunity as the early bird catches the worm, while CHEEL may soon rise to the top of the global cryptocurrency rankings. This is probably one of those cryptocurrencies that will later be referred to as a legend, if investors have a real chance to capitalize on it.