Cheecoin: A Charity-Driven Web3 Innovation Platform

The Cheecoin whitepaper was released by the Cheecoin project team around 2021, aiming to explore a new paradigm for integrating blockchain technology with charity and creative industries against the backdrop of blockchain's rapid development and growing social attention to charity and sustainability.

The theme of Cheecoin's whitepaper centers on “empowering charity and creative industries through blockchain technology to build a better world.” Cheecoin's uniqueness lies in its integration of creative elements such as NFT, VFX, AR, VR, virtual production, and Web development into DeFi solutions, and the establishment of a transparent charity donation mechanism that directs a portion of transaction proceeds directly to charitable causes. The significance of Cheecoin is that it provides a model in the blockchain field that combines technological innovation with social responsibility, offering new funding sources and interaction models for creative content creators and charitable organizations.

Cheecoin's original intention is to leverage blockchain's decentralization and transparency to address pain points in traditional charity and creative industries, such as lack of trust and opaque fund flows. The core viewpoint outlined in the Cheecoin whitepaper is: by building an ecosystem that integrates DeFi, NFT marketplace, and charity donations, it achieves simultaneous growth of economic incentives and social value, thereby promoting the widespread application of blockchain technology in the fields of public welfare and creativity.

Interested researchers can access the original Cheecoin whitepaper. Cheecoin whitepaper link: https://secureservercdn.net/72.167.242.48/mjo.d12.myftpupload.com/wp-content/uploads/2021/04/CHEECOIN_WHITEPAPER.pdf

Cheecoin whitepaper summary

Author: Luca Ferraro

Last updated: 2025-11-18 08:05

The following is a summary of the Cheecoin whitepaper, expressed in simple terms to help you quickly understand the Cheecoin whitepaper and gain a clearer understanding of Cheecoin.

What is Cheecoin

Friends, today let's talk about a blockchain project called Cheecoin (CHEE for short). You can think of it as a digital world that combines art, technology, and charity. It's not just a digital currency, but more like a platform that hopes to use blockchain technology—especially NFTs (non-fungible tokens, which you can understand as unique digital collectibles, such as digital artworks, game props, etc.) and cutting-edge technologies like visual effects (VFX)—to create some really cool things, while also contributing to charitable causes.

Simply put, Cheecoin's goal is to blend elements like “high design sense,” “emerging technology,” “NFT,” “top-tier visual effects,” “gaming,” and “charity.” Its core idea is to make the world a better place through blockchain innovation and creativity. Imagine Hollywood VFX artists and renowned digital creators crafting unique NFT artworks on this platform, with a portion of the proceeds from these transactions donated to charity.

Project Vision and Value Proposition

Cheecoin's vision is to drive innovation and creativity through blockchain technology, while giving back to society. The core problem it aims to solve is how to combine the professional skills of digital art and the entertainment industry with the decentralized nature of blockchain, while also providing ongoing financial support for charitable causes. Its value proposition lies in offering an NFT marketplace curated by professional artists, allowing users to enjoy the fun of digital collecting while also participating in charitable donations.

Technical Features (Inferred from Available Information)

Although we haven't found a detailed technical whitepaper, based on available information, Cheecoin mainly operates on the BNB Smart Chain (BSC). BNB Smart Chain is a blockchain network with relatively fast transaction speeds and lower fees, making NFT trading and token circulation more convenient. The project mentions that its NFT marketplace is curated by Hollywood VFX artists and well-known digital creators, which suggests a focus on high-quality digital art and collectibles.

Tokenomics

Cheecoin's token symbol is CHEE. According to CoinMarketCap, CHEE has a maximum supply of 100 million. However, its circulating supply is currently reported as zero by the project team and has not been verified by CoinMarketCap.

In terms of token operation mechanisms, Cheecoin has some features:

Charity Donations: 10% of each transaction goes into a charity wallet, which is used to donate to various charitable organizations.
Liquidity Generation: 3% of each transaction is automatically contributed to the liquidity pool on PancakeSwap (a decentralized exchange) and locked. This helps maintain token liquidity and ensures smoother trading.
Developer Tokens: Only 10% of CHEE tokens are held by developers, and these tokens are locked for one month after project launch, then released to the team in batches over 24 months. This mechanism is designed to incentivize the team to work for the project's long-term development.

Token Utility: CHEE tokens are mainly used for transactions within its ecosystem, such as purchasing NFTs and participating in its charity donation mechanism.

Team, Governance, and Funding

Regarding the Cheecoin team, there is currently no specific member information publicly available. However, some sources mention that the development team consists of a group of “passionate” individuals dedicated to the project and animal welfare. As for the project's governance mechanism and funding status, there is no detailed public information at present.

Roadmap

A YouTube video from 2021 mentioned that Cheecoin had a five-step roadmap, but the specific content was not disclosed in detail. Due to the lack of an official whitepaper and the latest public information, we cannot provide its historical milestones or detailed future plans.

Common Risk Reminders

Investing in any blockchain project comes with risks, and Cheecoin is no exception. Here are some common risk points:

Information Transparency Risk: The lack of a detailed whitepaper and up-to-date official documentation makes project information insufficiently transparent, making it difficult for investors to fully assess.
Technical and Security Risk: Although the project mentions the use of emerging technologies, there is no public audit report or detailed technical architecture description, so the security of its smart contracts and platform stability remain uncertain.
Economic Risk: The token's circulating supply is unverified and market data is limited, which may lead to significant price volatility. Additionally, the project relies on transaction fees to support charity and liquidity; if trading volume is insufficient, these mechanisms may not function effectively.
Operational Risk: Team information is not transparent, which may affect the project's long-term development and community trust. The execution and transparency of charity donations also require ongoing attention.
Compliance Risk: Global regulatory policies on cryptocurrencies and NFTs are still evolving, and the project may face potential compliance challenges.

Please note: The above information is for reference only and does not constitute any investment advice.

Verification Checklist

Due to the lack of detailed official information, here are some links you can verify yourself:

Block Explorer Contract Address: You can search for CHEE's contract address (e.g., 0x93e2...789281) on the BNB Smart Chain block explorer (such as bscscan.com) to view its on-chain transaction data and token holdings.
GitHub Activity: Cheecoin's GitHub repository (cheecoin/Cheecoin) shows very little activity, with only 2 commits and the most recent one 4 years ago. This may indicate infrequent code updates or low development activity.
Official Website: cheecoin.com
CoinMarketCap Page: Check CHEE's latest price, market cap, and basic information.

Project Summary

Cheecoin is a unique project aiming to combine blockchain technology, NFTs, visual effects, gaming, and charity. It seeks to realize its vision of “making the world better” by creating an NFT marketplace curated by professional artists and allocating part of the transaction proceeds to charitable causes. The project has designed charity donation and automatic liquidity generation mechanisms in its tokenomics.

However, currently, public information about Cheecoin is relatively limited, especially the lack of a detailed whitepaper, up-to-date technical documentation, specific team member information, and a detailed roadmap. The GitHub repository also shows low activity. This makes it difficult to deeply assess its technical strength, future development potential, and operational transparency.

For those interested in this project, it is strongly recommended that you conduct more in-depth independent research (DYOR - Do Your Own Research), carefully evaluate all available information, and fully understand the risks involved. Remember, the cryptocurrency market is highly volatile, invest with caution, and always treat such information as non-investment advice.

Disclaimer: The above interpretations are the author's personal opinions. Please verify the accuracy of all information independently. These interpretations do not represent the platform's views and are not intended as investment advice. For more details about the project, please refer to its whitepaper.