Web3's Cheelee launched a $200M crypto winter solidarity fund.

Web3's Cheelee launched a $200M crypto winter solidarity fund.

The creator of the blockchain-based social video platform Cheelee and its sibling Web2 mobile app NUTSon has announced the creation of an assistance program with a funding pool of two hundred and fifty million dollars for affected worldwide cryptocurrency exchanges. According to a recent p

 

In order to regain the confidence of a large number of people in cryptocurrency exchanges, the purpose of this project is to invigorate the sector as a whole and to bring highly competent experience to the table in the relevant field.


Roman's goal is to "create a new comfort and secure zone for storing and managing digital assets of a multi-million audience that has absolutely no confidence in any crypto exchange now." This will allow him to accomplish this goal.

"The stable, predictable, and healthy cryptocurrency industry is beneficial for all of us, while turbulence and industry earthquakes are causing only damages and losses," comments Roman Alekseev, founder of Cheelee and NUTSon. "In contrast, the only thing that turbulence and industry earthquakes are causing is damage and losses."


At this time, the fund analysts are gathering bids from cryptocurrency exchanges that have been impacted and are in need of capital to recover.

Roman Alekseev is a crypto billionaire from Europe. He has a portfolio worth $500 million and is the inventor of two short video platforms called Cheelee and NUTSon.

The attention economy and the Watch Earn mechanisms serve as the foundation for Cheelee, a GameFi short video platform that was developed by GameFi. The mobile application is scheduled to be made available this upcoming winter. A total of USD 1.4 million in venture capital funds and USD 8 million in equity investments were provided to Cheelee.


Ojike Stella

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