According to Coincu, the short video platform Cheelee changes the SocialFi industry by combining the D2E approach, gamification, and social media service with a smart feed.
The social network changes the way users interact with content by paying them LEE tokens, its native cryptocurrency, for scrolling through the feed. LEE can be exchanged for other cryptocurrencies or used to acquire digital glasses, the special NFTs aimed to boost users’ income.
Creators also can benefit from Cheelee. Thanks to the AI-based smart algorithms, they can attract followers and receive their donations in LEE.
Coincu emphasizes that “Cheelee displays immense capability to emerge as a significant player in the digital video industry.”