Hong Kong, Hong Kong, June twentieth, 2024, Chainwire
- Zeek has accomplished a USD 3M seed funding spherical from traders together with OKX Ventures, Animoca Manufacturers, and Masks Community
- Zeek will probably be altering the way in which social collaboration works in SocialFi by the usage of fame mechanisms
- The Tier-0 Genesis NFT assortment, restricted to 250, will probably be dropped later this month
Zeek, a decentralized collaboration community for on-chain social bounty and fame, has efficiently accomplished a USD 3M seed funding spherical forward of its official launch in July.
Buyers embody OKX Ventures (as a part of its strategic funding in Everest Enterprise Group’s consumer-oriented merchandise, which incorporates Zeek), Animoca Manufacturers, Masks Community, Arche Fund, Summer time Ventures, Blockchain Coinvestors, Aspen Digital, CatcherVC, Panony, Spacebar, Hardbank and tremendous angels together with Jason Kam of Folius Ventures, Ivan Li of Comma3 Ventures and Donny Chi of WeMade.
“Backing the Zeek staff resonates with our objective of supporting daring founders in constructing the way forward for the open web, and it’s positively an thrilling alternative to take part within the nascent development of one thing new within the SocialFi area. Our confidence within the staff’s imaginative and prescient and execution capabilities strengthens our dedication to serving to their development,” stated Thanh Le, the Founding father of Nighty Eight.
“We see important 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 promotes natural collaboration by on-chain bounties. By monetizing the idle worth of social networks and private abilities, it creates new alternatives for all individuals. We’re assured that this may make disruptive applied sciences accessible and pleasing for mainstream audiences,” stated Suji Yan, the Founder & CEO of Masks Community
On the earth of Web3, customers are consistently inspired to do their due diligence earlier than trusting an individual, platform, or any data they see, which is simpler stated than finished. Zeek goals to resolve this by its on-chain fame assemble, recognizing customers who create worth by social collaboration.
Powered by OpenSocial Protocol, Zeek is a social community that permits customers to unlock the worth of their intelligence, community, entry, and time by on-chain social bounty mechanics and fame referred to as Want and Rizz.
(Picture 1: ‘Want’ on discovery web page)
Social worth is created as customers create and take part in ‘Needs’, which may be utilized for various functions, whether or not to hunt out data and perception or develop your community and connections. Customers will then have the ability to acquire ‘Rizz’ by contributions and engagements within the community, which is able to naturally assemble a social fame layer for everybody and act as an on-chain recognition of the social worth the person creates.
‘Rizz’ is an embodiment of karma whereby the extra you give, the extra you have to be given in types of financial incentive and measurable affect. Zeek’s product and token are designed to foster such collaboration and building of on-chain fame.
With Zeek, customers will have the ability to examine the reliability of an individual primarily based on the fame they’ve constructed, creating an entire new solution to implement belief within the Web3 world.
“The way forward for SocialFi is to create new social economies by the financialization of current social behaviors and therefore, we’ve got constructed Zeek as we imagine the endgame of SocialFi is the fame layer, which bridges the hole between social affect and on-chain identities,” stated Angus Ko, CEO of Zeek.
Zeek is anticipated to formally launch in July, with its Personal Beta working from the current till the launch date. Presently, customers are capable of pre-register through their X and Discord accounts right here. Moreover, Zeek’s Tier-0 Genesis NFT assortment, restricted to 250, will probably be dropped later this month.
About Zeek
Zeek is a decentralized collaboration financial system incentivizing fame, and powered by progressive social bounty mechanics referred to as ‘Needs’. Particular person behaviors and engagements contribute to the development of a fame layer referred to as ‘Rizz’, which may be monetized and utilized to gauge credibility, reliability, and affect.
Twitter | Web site
ContactPR SupervisorKelvin YeoEverest Ventures Groupkelvin.yeo@evg.co
This text was initially printed on Chainwire
