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Cheelee
Cheelee is a short video GameFi social media platform that rewards users for watching the feed
About Cheelee
Cheelee.io is an innovative startup operating at the intersection of social media, blockchain technology, and GameFi (a blend of gaming and finance). The company aims to revolutionize how users interact with social networks by allowing them to earn money simply by engaging with content. This unique approach democratizes income opportunities on social media, making it accessible to everyone, regardless of their follower count.
Cheelee.io primarily serves individual users who are active on social media and interested in earning money through their online activities. The platform operates in the rapidly growing market of decentralized finance (DeFi) and blockchain-based applications, which includes NFTs (non-fungible tokens) and cryptocurrency.
The business model of Cheelee.io is built around its proprietary tokens, CHEEL and LEE. CHEEL is a governance token with a total supply of 1 billion, allowing users to vote on new features and updates within the app. LEE is a utility token with a total supply of 7 billion, used for transactions within the platform. Users earn LEE tokens by viewing content on the platform, and the rate of earning decreases as more tokens are accumulated, making it progressively harder to earn new tokens.
Revenue generation for Cheelee.io comes from several streams. Firstly, users can purchase NFT glasses and other digital assets that enhance their earning potential on the platform. These NFTs can be leveled up or combined to create more valuable assets, requiring users to spend LEE tokens. Additionally, the platform may earn through transaction fees, partnerships, and possibly advertising in the future.
In summary, Cheelee.io is a forward-thinking startup that leverages blockchain and GameFi mechanics to turn user attention into income. By creating a system where users earn by engaging with content, Cheelee.io taps into the vast potential of decentralized social media and digital assets.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2022
- Headquarters
- Beau Vallon, Seychelles
- Employees
- 27
- Open positions
- None listed
- Dealroom signal
- 58.8/100
- Industry
- Gaming, Media
- Sub-industry
- Mobile Gaming, Content production, Social media
- Sector
- Gaming
- Business model
- Marketplace & ecommerce
- Client focus
- b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VCOther financing | Jun 2023 | $10M | $40M | VC SILA | ↗ |
| EARLY VCOther financing | Nov 2022 | $8M | $32M | Veligera Capital · Infinity Capital | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Cheelee is 19K monthly website visits, down 52.5% over the last three months. Cheelee's team declined 15.6% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A3 investors entered at this stage
Veligera Capital- ICInfinity Capital
VC SILA
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Cheelee on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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