Cheelee Raises $10M from VC SILA for Further Development & Promotion of Its App Where Everybody Earn by Watching Videos

Funding Rounds

Summary

Dubai, UAE, June 14, 2023 (GLOBE NEWSWIRE) -- Cheelee, the GameFi short video platform, closes its next investment round, having attracted $10 million from VC SILA by SAFT. There is currently no counterpart to such an offering, and this feature makes Cheelees NFT glasses accessible to an audience unfamiliar with blockchain.In January, the first listing of the platforms token, CHEEL, took place. In April, the second CHEEL community drop with a prize fund of $5,000,000 was launched (it is still in progress and can still be entered).Cheelee is the GameFi social media platform that rewards regular users for viewing videos in the app. Both tokens have a limited supply, and LEE mining difficulty is growing by 7% every month, which, in addition to their utility properties and huge potential user base, makes them extremely promising assets for investment.VC SILA investment fund is committed to helping young entrepreneurs and innovators achieve their ambitious goals. The VC fund is dedicated to investing in promising startups that have the potential to change the world and is ready to provide them not only with financial support but also with expert knowledge and valuable contacts.

$ Funding

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Amount $10.0M Total raised
Date June 14, 2023 Announcement date
Investors - Lead investors
Company https://cheelee.io Funded company

Classifications

industries
Fintech & Banking
applications
Accounting and Taxes

AskAI Classifications

Labels
Fintech Payments API Banking Software

Linked Companies

Sila
$1M to $5M