▫️Anti-Fraud System
Anti-Fraud Approach:
The CHEYNI Watch & Earn mechanism is a central and premium component of our loyalty program, prioritizing user engagement to motivate users to transition into premium subscribers rather than relying solely on passive income.
To achieve this, we have implemented a three-step structure for Reward Accumulation Limitations, Swap Limitations, and Premium Subscription Criteria to preserve $CHEYNI token liquidity.
Reward Accumulation Limitations are as follows:
First watching hour reward:
FirstHourReward=MonthlySubscriptionFee×0.006×TotalMinutesWatched
Second watching hour reward:
SecondHourReward=MonthlySubscriptionFee×0.005×TotalMinutesWatched
After two hours of watching:
AfterTwoHoursReward=MonthlySubscriptionFee×0.0002×TotalMinutesWatched
Total Reward:
TotalReward=FirstHourReward+SecondHourReward+AfterTwoHoursReward
*Premium and Premium Plus subscribers earn double Watch & Earn rewards.
Swap Limitations are as follows:
Users can freely use their reward points within the CHEYNI platform and partner services. However, they can only swap points for $CHEYNI tokens if they meet a minimum point requirement equivalent to 6 months of premium subscription (€6.99 x 6 = €41.94).
Premium Subscription Criteria:
Reward Points can be used within the platform for subscriptions, special features, offers, or purchasing NFTs. Reward Points cannot be swapped for $CHEYNI tokens without becoming a CHEYNI Premium subscriber.
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