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Cheelee: Innovations in SocialFi and Solutions to Monetization Challenges

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by Giorgi Kostiuk

2 days ago


Cheelee is a SocialFi platform aimed at addressing structural issues in the industry, offering users unique methods for monetizing their attention through tokens.

Cheelee's Core Model

Cheelee is a short-video app with TikTok-like feeds and token integration. Users receive $LEE tokens by interacting with digital assets called Glasses, whose rarity levels directly affect earnings. In addition to $LEE, the platform employs $CHEEL as a governance token and $EASY as a reward currency, promoting effective incentive distribution and preventing hyperinflation.

Alignment with Industry Trends

Cheelee aligns closely with SocialFi's core ambitions, providing direct monetization of user attention and encouraging growth through referral and ambassador programs. It aims to move away from the advertising-dominated traditional social media by embedding financial incentives into everyday content consumption.

Points of Divergence from Other Projects

Cheelee diverges from other SocialFi projects by focusing on mass adoption: it offers free starter assets and user-friendly sign-up methods. Additionally, Cheelee employs AI-driven fraud protection, enhancing platform security. Future expansion plans include fintech and e-commerce, positioning Cheelee as a super-app rather than a niche SocialFi experiment.

Cheelee illustrates how the concept of tokenized attention can be operationalized within a familiar social format while highlighting the vulnerabilities of current systems. The platform strives to build a more sustainable model by lowering entry barriers, diversifying tokens, and embedding anti-fraud measures.

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