Love Earn Enjoy $LEE

Love Earn Enjoy, commonly known as LEE, is a utility token leveraged by the GameFi short video platform Cheelee. The token is uniquely gained through user engagement with the platform, specifically by watching the feed in the Cheelee app. As the main internal currency, all financial transactions on the platform utilize LEE, which was issued with a limited total supply of 7,000,000,000.

Token Mining and Value

LEE tokens are mined, with the mining difficulty and token accrual algorithmically linked to the number of tokens already mined. As more tokens are mined, the difficulty in acquiring new LEE tokens increases. This complexity in mining is poised to grow by 7% per month and 84% per year. This structure incentivizes a rise in token prices, motivating users to adopt the hodl strategy more frequently. The utility of LEE for all app accruals and the growth of the Cheelee platform contribute to an increasing demand for the token.

Uses of LEE on Cheelee Platform

Participants on the Cheelee platform use the LEE token for a range of activities including upgrading NFT glasses, charging NFT glasses, minting NFT glasses, promoting content on the platform, and making donations.

Unique Features of LEE

LEE boasts a potential audience of 4.6 billion social media users, accounting for more than half the world's population. Moreover, the growing social networking market indicates that the utility asset of the Cheelee platform could appreciate in price for decades. LEE is often compared to bitcoin in the GameFi world due to its limited supply and increasing mining difficulty, factors that present the token as an asset that will become progressively scarce and valuable.

Future Projection

All LEE tokens are projected to be mined within approximately 5 years. Once fully mined, rather than being depleted, they will become an increasingly rare resource. Cheelee plans to repurchase LEE tokens from the market and use them as payment for viewings, further contributing to their value.