SCAM Cheelee’s $5M Token Airdrop

By theweb3guy | Web3InsiderGuy | 24 May 2023


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In your opinion is this a scam? Yes and it is really well done….but let’s see it together!

All the big Airdrop pages are mentioning this project as amazing Airdrop but don’t trust my friends

I have to give my compliments this scam is really well done we analyze everything in detail

The token was launched at 80 cents and rapidly rose to over three dollars, then to six dollars within a few days, which is suspicious.

What is Cheelee?

Cheelee is a GameFi short video platform, which rewards its users for watching the feed. Watch. Play. Earn. Firstly, Cheelee is a social network, using which it is always fun. Income is a pleasant addition to it. In Cheelee you can use NFTs in the form of NFT glasses to earn tokens by viewing the content in the app. The gained tokens can be used to increase earnings in the app or for withdrawal and sale

CHEEL a governance token that helps to upgrade NFT glasses. You will need it when voting in favour of new features’ integration later

LEE utility token, 7,000,000,000. All accruals in the app are carried out in this internal token, the emission of which is limited. It will be automatically credited to the in-app wallet when viewing the feed. The speed of its accrual algorithmically depends on the number of mined tokens: the more there are, the more difficult it is to obtain new LEE tokens

How to get NFT glasses

Get a case with your Starting NFT glasses when you sign up

To become a Cheelee ambassador or an active user а part of cases with Simple and Rare NFT glasses will be distributed among them

To stake CHEEL tokens in the app. Another part of cases with Simple and Rare NFT glasses will be distributed among such stakers

Buy NFT-glasses on the internal marketplace. NFT glasses and cases will be available for purchase with USDT tokens and in the future for fiat currency

To get them upon A mint requires two level 15 NFTs and an NFT Instruction. It drops out of the boxes when you re watching the feed. By paying a fixed amount of LEE tokens, you can get new level zero NFT glasses. When you mint, Instruction burns mint.

Cases with NFT glasses

Cases will be available for purchase for USDT tokens on the internal marketplace. Each case contains NFT glasses

You will have the opportunity to sell your NFT glasses at any time by setting the price yourself on the internal marketplace.

Starting NFT glasses can be sold starting from level 10

· First box appears after 5 minutes watching the feed

· Second box appears after 15 minutes watching the feed

· Third box appears after 30 minutes watching the feed

NFT glasses upgrade

NFT glasses upgrade consists of leveling up NFT glasses and module improvement in NFT glasses Leveling up NFT glasses:

To level up, you need to spend your time and LEE and CHEEL token­

There is the possibility of an instant boost if you pay 6 time­ more of CHEEL and LEE token­

For each level up you will get pointModule upgrade is possible in two ways: & Distribution of gained points among modules 7& Installing into a module Gem­ s slot

NFT glasses upgrade 2

To earn more tokens, you can upgrade your NFT glasses. To do this, you need to increase the level of NFT glasses to 5 and unlock the first upgrade slot. Each next slot gets unlocked one by one upon reaching levels 10, 20 and 25

Gems are inserted into module slots. They can be purchased on the internal marketplace or found in the box when watching the feed:

· Diamond improves the module Lenses

· Graphene improves the module Battery

· Antenna improves the module Radar

· SD-card improves the module Memory

· Kevlar improves the module Frame

The Gems don t have the Starting rarity, but the rest is similar to the ones for the NFT glasses. The rarity of the Gems influence the module value, which they stimulate: the rarer it is, the more value you get

NFT glasses modules

· Lenses module increases the speed of earning LEE tokens

· Battery module slows down the rate of Power discharge while viewing the feed. The higher the Battery parameter, the slower NFT glasses will lose Power

· Radar module increases the chance of getting a box drop with bonuses while viewing the feed

· Memory module increases the speed of obtaining CHEEL tokens. Available only for level 30 NFT glasses

· Frame module slows down the pace of the decrease in the level of Endurance. The higher this parameter is, the longer you can use NFT glasses.

Boxes

You get a box drop while watching the feed and it may contain the following:

LEE tokens

Gems (Diamond, Graphene, Antenna, SD-card and Kevlar)

NFT for NFT glasses mint

The boxes have a particular chance of dropping, which correlates with the value of the Radar module. The number of tokens and the Gem rarity levels, in their turn, depend on the rarity of the box itself (Starting, Simple, Rare, Unique, Epic, Legendary) and the Radar module value

With Starting NFT glasses, you can receive LEE from the boxes that drop within 30 minutes every day while watching the feed. Note that LEE tokens will not be directly credited for the time spent in the feed Starting Box is a box that you can get by watching the feed with

Starting NTF glasses for 30 minutes. There are LEE tokens inside these boxes

Get your Starting NFT glasses for free

to start earning, scroll the feed and get the first box with tokens within 30 minutes

Invite 3 friends via referral link

The task will be considered completed once your friends successfully complete the drop

Do you want more details? :)

Ah I would also like to add that all influencers are fake!

Conclusion

The Chile cryptocurrency project raises many red flags and is likely a scam targeting small-time investors. Cryptocurrency investors must be diligent in their research and question any crypto project that appears too good to be true. The rise in popularity of cryptocurrency has attracted an increasing number of scams, and investors must exercise caution. It is essential to conduct extensive research before trusting any project. Remember, if it appears too good to be true, it probably is.

Chile’s token was launched at 80 cents and rapidly rose to over three dollars, then to six dollars within a few days, which is highly suspicious. This price movement suggests that they have implemented a pump-and-dump scheme, whereby they increase demand by spreading hype on social media, then sell their holdings and crash the market, causing investors to lose their money.

Applause and support as a referral member are greatly appreciated!

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theweb3guy
theweb3guy

Web3 insights | Crypto drops | Onchain thoughts | now educating 🧠 https://x.com/Web3InsiderGuy


Web3InsiderGuy
Web3InsiderGuy

Web3 insights | Crypto drops | Onchain thoughts | now educating 🧠

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