TechFlow, a Web3 video social platform Cheelee has completed an $8 million equity financing round. The investment was led by U.S.-based fund Veligera Capital, UAE's Infinity Technology Fund, and VC SILA. The company also received a $1.3 million grant from a venture capital fund.
Notably, Cheelee offers new users a free "NFT glasses" that tracks video viewing time and converts it into points, which can then be redeemed for token rewards. Additionally, users can upgrade their glasses' features—such as memory, frame, and lenses—using Cheelee’s native token. The service is currently in the final testing phase and is expected to launch in the fourth quarter of 2022.Original link
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