CheersLand
ValidatedMetaverse
Play-To-Earn
CHEERS$0.00607+2.56% ↑
A scalable GameFi Metaverse Aggregator
- 898 Followers898 Followers
- 376 Likes376 Likes
About CheersLand
CheersLand is a scalable GameFi Metaverse Aggregator where anyone can monetize their gaming experiences and social networks. CheersLand GameFi Metaverse Aggregator is composed of multi-game combinations, Ranking List, Initial Gaming Offering (IGO), NFT Market, Multi-asset Staking Platform, etc.
CheersLand is a blockchain-based gaming and social platform that integrates the play-to-earn model with DeFi functionalities. Its mission is to create a scalable GameFi universe that allows users to earn rewards through gaming, social activities, and DeFi investments. CheersLand aims to revolutionize the gaming industry by providing gamers with financial incentives while participating in their favorite activities. This project stands out for its unique combination of gaming, social engagement, and decentralized finance, offering a comprehensive ecosystem for users. By blending these elements, CheersLand provides a multifaceted experience that caters to both gamers and DeFi enthusiasts.
CheersLand Magic Store Validation Score
See Results ››Validation Score
4.4Validation Date: -
- giadajorgiYes
- bibliokillerop96276Yes
- penciemikirYes
- greasdksYes
- cryptoakrYes
- XyzYes
- mossiomarYes
- turnchablofor1974Yes
- yaretziYes
- mcgannonrYes
- bosomworYes
- deaishacarrYes
- salluYes
- korotcheYes
- PillzeYes
- SHELBYYes
- spgolYes
- verfihegist1985Yes
- ruebushketurahYes
- DECONTOKNo
CheersLand Review Score by Real Users
- 45
- 31
- 5
- 1
- 0
CHEERS Token Price Chart (Real Time)
Token Statistics
- Market Cap-
- Volume$9,663.81
- Circulating Supply-
- Max Supply-
- FDMC$607,494
About CheersLand Token
The CHEERS token is the native utility token of the CheersLand GameFi Universe. Designed to serve multiple roles within the ecosystem, CHEERS acts as the glue binding all ecosystem and community members together. It provides incentives, voting power, and eligibility for various platform activities. The primary purposes of CHEERS include:
Staking: Users can stake CHEERS to earn rewards and farm multi-assets within the CheersLand ecosystem. This staking mechanism encourages long-term holding and participation in the platform’s growth.
Governance: CHEERS holders can participate in key governance votes, influencing aspects such as staking yield, project listings on IGO (Initial Gaming Offering), and the allocation of ecosystem resources.
Incentives: The token serves as a primary incentive for gamers participating in weekly tournaments, ranking lists, and builders developing games within the CheersLand ecosystem.
Ticketing: CHEERS determines eligibility for participation in IGOs and other sales/auctions conducted by the CheersLand team.
Payment: CHEERS is accepted as a universal currency within the CheersLand NFT Marketplace, where commodities are priced and traded using CHEERS.
CHEERS is designed to align the incentives between gamers and builders in positive ways, rewarding gamers for interacting with the platform while encouraging them to hold the token for additional benefits. The tokenomics of CHEERS include a decreasing inflation model bolstered by buyback and burn mechanisms funded by ecological revenues.
The Community Vault, established in late 2021, is a significant component of the ecosystem. It receives inflows from various sources such as revenues from IGOs, multi-asset staking platforms, NFT market service fees, and marketing and advertising revenues. CHEERS holders govern and adjust these inflows through voting, further decentralizing the ownership and governance of CheersLand.
Overall, the CHEERS token is integral to CheersLand’s vision of creating a decentralized, user-driven GameFi ecosystem where gamers and builders are incentivized to contribute actively and benefit from the platform's success.
CheersLand Magic Store Trust Score
- Audit Score
- 1No. Of. Audits
- HighScore
- Security Validators Score
- 15.12.2023Validation Date
CheersLand User Trust Reviews
CheersLand FAQ
CheersLand distinguishes itself through its unique combination of play-to-earn gaming, social engagement, and DeFi functionalities. While many platforms focus solely on gaming, CheersLand integrates a robust social ecosystem and decentralized finance activities, offering multiple ways for users to earn rewards. This blend of elements creates a comprehensive and engaging experience that caters to both gamers and DeFi enthusiasts.
In CheersLand, users can earn rewards by actively engaging in various social events such as competitions, community challenges, and collaborative activities. These events are designed to foster interaction and collaboration within the community. Participants can earn tokens and other incentives based on their involvement and performance in these events, enhancing the overall user experience.
CheersLand offers a diverse range of play-to-earn games that cater to different interests and skill levels. These games include strategy, adventure, and puzzle genres, each designed to provide engaging gameplay while offering opportunities to earn rewards. By participating in these games, users can accumulate tokens and other in-game assets, making their gaming experience both fun and profitable.
CheersLand seamlessly integrates DeFi functionalities into its gaming platform by offering features such as staking, yield farming, and liquidity provision. These DeFi activities allow users to earn additional rewards and maximize their returns within the ecosystem. By combining gaming with decentralized finance, CheersLand creates a unique environment where users can benefit from both entertainment and financial opportunities.
Staking and yield farming on CheersLand provide users with several benefits, including earning passive income, participating in governance, and enhancing their overall rewards. By staking tokens, users can receive a portion of the platform's revenue and contribute to its stability. Yield farming allows users to provide liquidity to the platform and earn rewards based on their contribution. These DeFi activities enhance user engagement and provide multiple avenues for earning within the CheersLand ecosystem.
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