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Cryptocurrencies/Coins/Cheelee (CHEEL)
Cheelee price, market cap on Coin360 heatmap

Cheelee(CHEEL)

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$11.0263
(0.25%)
0.00015784 BTC
Market Cap (Rank#118)
$626,284,173
8,965 BTC
Vol 24h
$5,362,403
76.7642 BTC
Circulating Supply
56,798,980.95
Max Supply
1,000,000,000
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About Cheelee?

The live price of Cheelee (CHEEL) today is 11.0263 USD, and with the current circulating supply of Cheelee at 56,798,980.95 CHEEL, its market capitalization stands at 626,284,173 USD. In the last 24 hours CHEEL price has moved 0.0589 USD or 0.01% while 5,391,811 USD worth of CHEEL has been traded on various exchanges. The current valuation of CHEEL puts it at #118 in cryptocurrency rankings based on market capitalization.

Learn more about the Cheelee blockchain network and how it works or follow the price of its native cryptocurrency CHEEL and the broader market with our unique COIN360 cryptocurrency heatmap.

What Is Cheelee?

Cheelee is a platform that combines the addictive nature of short videos with the earning potential of GameFi. Launched in February 2023 by NUTSon, Cheelee is a revolution in how we consume and engage with content online. 

By embracing the concept of the Attention Economy, the Cheelee app allows users to earn rewards simply by watching videos. The platform is easily accessible through the App Store and Google Play.


What Are the Features of Cheelee?

Cheelee offers a range of innovative features, including:

  1. Watch-to-Earn Model: Unlike traditional social media platforms where your time is monetized by corporations, Cheelee rewards you directly. The Cheelee app pays you CHEEL tokens for watching videos.

  2. NFT Integration: Upon registration, every user receives a pair of NFT glasses for free. These NFTs can be upgraded to rarer versions to enhance your earning potential. 

  3. User-Friendly Interface: The Cheelee app is designed to be intuitive and easy to navigate. The app’s interface is sleek to ensure that your experience is as smooth as possible.

  4. Multiple Revenue Streams: Cheelee has a diversified financial model that includes revenue from advertising, NFT sales, and in-app purchases. 

  5. Fiat Integration: One of the standout features of Cheelee is its fiat integration. You can purchase NFTs with fiat currency, so it’s easier for non-crypto users to get involved. 

  6. Smart AI: The Cheelee app uses smart AI to curate content tailored to your preferences. This ensures that you’re not just watching relevant and engaging content.


How Does Cheelee Token Work?

By leveraging blockchain technology, Cheelee allows users to earn CHEEL tokens while enjoying their favorite content. Here’s how the CHEEL token functions within the Cheelee app:

  • Governance: CHEEL is a governance token that gives holders the power to vote on new features and developments within the app.

  • In-App Transactions: All transactions within the Cheelee app are conducted using CHEEL tokens. Whether you’re buying NFTs, paying for in-app advertising, or leveling up your NFT glasses, CHEEL is the currency you’ll need.

  • Stability Mechanisms: Cheelee employs several mechanisms to maintain the token’s value. These include a two-year freeze on investment capital and team tokens, a Stability Fund that absorbs market fluctuations, and token burning practices to reduce supply. These measures ensure that CHEEL remains a stable and valuable asset over time.

  • Earnings: Users earn LEE tokens for watching videos, which can be exchanged for CHEEL within the app. 


Can I Earn Money from Cheelee?

Yes. Here’s how you can make the most of the Cheelee ecosystem:

  1. Watch Videos: The primary way to earn on Cheelee is by watching videos. The more time you spend on the app, the more LEE tokens you accumulate. These tokens can then be exchanged for CHEEL, which can be traded or held as an investment.

  2. Upgrade NFTs: By upgrading your NFT glasses, you can increase your earning potential. The rarer the NFT, the higher the rewards. This makes NFT trading and upgrading a lucrative aspect of the Cheelee experience.

  3. Marketplace Participation: Cheelee features a marketplace where users can buy and sell NFTs. Since these transactions are conducted in CHEEL, it’s another avenue to grow your earnings.

  4. Referral Bonuses: Cheelee also offers referral bonuses. Bring your friends to the platform, and you’ll earn extra CHEEL tokens for every new user you refer.


Who Are the Founders of Cheelee?

Cheelee was founded by a team of seasoned entrepreneurs who bring a wealth of experience to the project:

  • Ruslan Sharov: As the Founder and CEO of Cheelee, Ruslan has been instrumental in shaping the platform’s vision. With a background in technology and blockchain, Ruslan’s leadership has propelled Cheelee into the spotlight of the SocialFi space.

  • Roman Alekseev: Co-Founder of NUTSon and Cheelee, Roman is a venture capitalist with a $500-million investment portfolio. He’s a crypto millionaire with over 20 years of experience in the international market.

  • Yuriy Kardonov: As the CPO and Co-Founder, Yuriy is responsible for the platform’s user experience. His expertise in product development ensures that Cheelee delivers a seamless and engaging experience for all users.


Is CHEEL a Good Investment?

Investing in CHEEL has its pros and cons. Here’s a breakdown to help you decide:

Should I Invest in CHEEL?

  Reasons for Investing in CHEEL  Reasons Against Investing in CHEEL
 
  1. Potential for Mass Adoption: With a potential audience of 4.6 billion users, CHEEL has significant growth potential.

  2. Diversified Revenue Streams: Cheelee’s financial model includes multiple revenue streams, making it more resilient to market downturns.

  3. Innovative Features: From Watch-to-Earn to NFT integration, Cheelee offers unique features that appeal to a broad audience.

  4. Fiat Integration: The ability to purchase NFTs with fiat currency makes CHEEL more accessible to non-crypto users

 
  1. Competition: The GameFi space is becoming increasingly crowded, and CHEEL will need to differentiate itself to maintain its competitive edge.

  2. Regulatory Risks: The regulatory landscape for cryptocurrencies is constantly changing, which could pose risks to CHEEL’s long-term viability.

  3. Market Volatility: Like all cryptocurrencies, CHEEL is subject to market fluctuations, which could impact its value.

Cheelee Price11.0263 USD
Market Rank#118
Market Cap626,284,173 USD
24h Volume5,362,403 USD
Circulating Supply56,798,980.95 CHEEL
Max Supply1,000,000,000 CHEEL
Yesterday's Market Cap627,362,816 USD
Yesterday's Open / Close10.9864 USD / 11.0453 USD
Yesterday's High / Low11.0585 USD / 10.8177 USD
Yesterday's Change
0.01% ( 0.0589 USD )
Yesterday's Volume5,391,810.50 USD
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