▫️$CHEYNI token utilities
Overview of $CHEYNI token utilities
$CHEYNI is the utility token of the CHEYNI platform. Token holders enjoy enhanced gamification privileges and advantages while watching content. These utilities are designed to actively engage the community, ensuring strong liquidity and long-term sustainability for both the product and the ecosystem.
Detailed $CHEYNI Token Metrics
$CHEYNI Token Utilities:
Platform Subscriptions:
CHEYNI tokens will be used for Premium and Premium Plus subscriptions, with periodic token burns for subscription payments. According to the platform's operations, the burn rate and burn events will vary.
Membership NFT Payments:
CHEYNI tokens will be used to purchase NFTs on the CHEYNI NFT marketplace. For buy and sell transactions, CHEYNI tokens will be the main currency. NFTs on the CHEYNI marketplace can also be bought and sold with other currencies.
Watch & Earn Rewards:
Watch & Earn rewards will be exclusively paid in $CHEYNI tokens. For more info about the Watch & Earn reward mechanism, check the link.
Stake to Stream:
Content creators will stake CHEYNI tokens to suggest their video content for curation by community members and to maintain streaming their video content on CHEYNI. Stake to Stream CHEYNI token requirements and staking durations will be calculated and announced to community members through CHEYNI's webpage and official social media channels.
Community Contribution Mechanisms:
Users will be able to join in voting on CHEYNI content curation and support their favorite creators with CHEYNI tokens. Users will also earn CHEYNI token rewards in return for their participation. The reward token rates will be calculated and announced to community members through CHEYNI's webpage and official social media channels.
Real-World Utilities:
At CHEYNI, we will establish exclusive utility partnerships with our content creators and brands periodically. Our current community members, as well as the communities of our new content partners, will always have access to unique advantages through our CHEYNI tokens and NFTs. These utility campaigns will be designed by our marketing department and announced via the CHEYNI webpage and social media channels.
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