Cheyni is another watch-to-earn web3 platform. The model is difficult to optimize for financial sustainability. Users that want to be paid to watch content are unlikely to be valuable to advertisers since advertisers want to find customers that will spend more than earn and are unlikely to care about getting a few dollars for their time. With that said, can the low paid watcher able to curate quality content for the users that will qualify as whales and attract advertisers? I do believe that's possible, but you'd have to optimize and validate that assumption, and you'd need to make sure you don't give more rewards that your actual revenues. Ideally, you should consider other sources of revenues beside advertisers because that's a very low income per user. For example, Twitter aim to add financial services which has a LTV of ~$45,000, meaning they can afford a large CAC, and could afford paying users for curating content at a level that would be financially sustainable.
The tokenomics is built for a pump and dump. Way too generous with pre-sale to be financially sustainable. Advisors have too much tokens compared to team. Show Less