VC SILA
Building C3, Level 3, DWTC, Sheikh Zayed Road, Dubai, United Arab Emirates
Overview
Attracting investments for startups through own venture funds and investments from individuals.
- Total investments
- 1
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 0
Investment portfolio
- Cheelee
Led · Equity · Jun 2023
Cheelee is a GameFi social media platform centered on vertical short videos that rewards users with in‑app tokens and NFTs for watching, creating, and playing. The app moved from MVP to a fully working product in early 2023, with Android presented on February 27 and iOS accessible since April 17, and has been downloaded over 250,000 times. Cheelee reports over 340,000 active users across its social networks and uses AI to tailor content; GameFi mechanics, in‑app NFTs and tokenomics monetize engagement. In May the platform introduced fiat purchases of NFT‑glasses to lower the barrier to blockchain for mainstream users. Cheelee operates two tokens—CHEEL (governance) and LEE (utility)—with LEE mining difficulty rising 7% monthly; CHEEL is listed on Bitmart, Pancakeswap, Coinsbit, MEXC and LBank and its price has increased more than tenfold since listing. The company plans to use funding to continue product development, marketing support, and broader adoption of its attention‑economy model.
Team
No current team members are available.