Hong Kong, Hong Kong, June 20, 2024, Chainwire
- Zeek has accomplished a US$3 million seed funding spherical from buyers together with OKX Ventures, Animoca Manufacturers, and Masks Community
- Zeek will change the best way social collaboration occurs in SocialFi via the usage of popularity mechanisms
- Tier-0 Genesis NFT assortment, restricted to 250, to be launched later this month
Zeeka decentralized collaboration community for on-chain social bounties and popularity, has efficiently accomplished a USD 3 million seed funding spherical forward of its official launch in July.
Traders embrace OKX Ventures (as a part of its strategic investments in Everest Enterprise Group’s consumer-facing merchandise, which incorporates Zeek), Animoca Manufacturers, Masks Community, Archie Fund, Summer season Ventures, Blockchain Coinvestors, Aspen Digital, CatcherVC, Panoni, Spacebar, Hardbank, and tremendous angels together with Jason Kam of Folius Ventures, Evan Lee of Comma 3 Ventures, and Donnie Chi of WeMade.
Thanh Le, Founding father of Nighty Eight, mentioned, “Backing the Zeek crew is consistent with our objective of supporting daring founders in constructing the way forward for the open web, and that is definitely an thrilling alternative to innovate within the SocialFi area. Our confidence within the crew’s imaginative and prescient and execution capabilities reinforces our dedication to assist them develop.”
“We see vital potential in consumer-oriented initiatives like Zeek that mix actual use instances with gamified experiences in social and gaming contexts. Zeek’s decentralized collaboration financial system fosters natural collaboration via on-chain bounties. By monetizing the passive worth of social networks and particular person expertise, it creates new alternatives for all members. We imagine it is going to make disruptive applied sciences accessible and pleasing for a mainstream viewers,” mentioned Sujie Yan, founder and CEO of Masks Community.
Within the Web3 world, customers are continuously inspired to carry out due diligence earlier than trusting an individual, platform, or any data, which is simple to say however tough to do. Zeek goals to resolve this via its on-chain popularity constructing, which acknowledges customers who create worth via social collaboration.
Powered by the Open Social Protocol, Zeek is a social community that enables customers to unlock the worth of their intelligence, networks, attain, and time via on-chain social bounty mechanics and popularity. Need And Riz,
(Picture 1: ‘Want’ on Discovery web page)
Social worth is created when customers create and take part in ‘Needs’, which may be utilized for a wide range of functions, whether or not searching for data and insights or increasing their community and connections. Customers will then be capable of earn ‘Ries’ via contributing and fascinating within the community, which is able to naturally construct a social popularity layer for everybody and act as an on-chain recognition of user-created social worth.
‘Riz’ is an embodiment of karma in keeping with which the extra you give, the extra you ought to be given within the type of financial incentives and measurable influence. Zeek’s merchandise and tokens are designed to advertise such collaboration and the constructing of on-chain popularity.
With Zeek, customers will be capable of test an individual’s trustworthiness primarily based on the popularity they’ve constructed, creating a brand new solution to construct belief within the Web3 world.
Angus Ko, CEO of Zeek, mentioned, “The way forward for SocialFi is to create new social economies via the financialization of current social behaviors and, subsequently, we have now constructed Zeek as a result of we imagine the last word objective of SocialFi is to be a popularity layer, bridging the hole between social affect and on-chain id.”
Zeek is predicted to formally launch in July, with its personal beta working from now till the launch date. At present, customers are in a position to pre-register through their X and Discord accounts Here,
Moreover, Zeek’s Tier-0 Genesis NFT assortment, restricted to 250, shall be launched later this month.
About Zeek
Zeek is a decentralized collaboration financial system that incentivizes popularity, and is powered by an modern social reward mechanism known as ‘Want’. Particular person habits and engagement contribute to the creation of a popularity layer known as ‘Riz’, which may be monetized and used to measure trustworthiness, reliability, and affect.
Contact
PR supervisor
Kelvin Yeo
Everest Ventures Group
(email protected)
