Hong Kong, Hong Kong, June 20, 2024, Chainwire

• Zeek has raised $3 million in seed funding from traders together with OKX Ventures, Animoca Manufacturers and Masks Community.
• Zeek is altering the way in which social collaboration works on SocialFi by using a status mechanism.
• The Tier-0 Genesis NFT assortment, restricted to 250 items, is scheduled to launch later this month.

Zeek, a decentralized collaboration community for on-chain social bounties and status, has efficiently accomplished a $3 million seed spherical of funding forward of its official launch in July.

Buyers embrace OKX Ventures (a part of Everest Enterprise Group's strategic investments in shopper merchandise, together with Zeek), Animoca Manufacturers, Masks Community, Arche Fund, Summer season Ventures, Blockchain Coinvestors, Aspen Digital, CatcherVC, Panony, Spacebar, Hardbank, and tremendous angels resembling Jason Kam of Folius Ventures, Ivan Li of Comma3 Ventures, and Donny Chi of WeMade.

“Backing the Zeek group aligns with our purpose of supporting daring founders constructing the way forward for the Open Web and is definitely an thrilling alternative to take part within the early development of one thing new within the SocialFi house. Our confidence within the group's imaginative and prescient and skill to execute strengthens our dedication to help their development,” mentioned Thanh Le, Founding father of Nighty Eight.

“We consider that consumer-driven initiatives like Zeek have large potential to mix gamified experiences with real-world use circumstances in social and gaming contexts. Zeek's decentralized collaborative financial system fosters natural collaboration by on-chain bounties. Monetizing the unused worth of social networks and private expertise creates new alternatives for all individuals. We consider it will make disruptive applied sciences accessible and satisfying for mainstream audiences,” mentioned Suji Yan, Founder and CEO of Masks Community.

Within the Web3 world, customers are always being requested to do their due diligence earlier than trusting an individual, platform, or any info they arrive throughout, however that is simpler mentioned than executed. Zeek goals to unravel this drawback by on-chain status constructing, recognizing customers who create worth by social collaboration.

Powered by the 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 mechanisms and status. Want and The Ritz.

(Picture 1: “Want” on the invention web page)

Social worth is generated by customers taking part by creating “Needs”, which can be utilized for quite a lot of functions, together with looking for info and insights, or increasing their networks and connections. Customers can then earn “Rizz” by their contributions and engagement within the community, which naturally builds a social status layer for everybody and acts as an on-chain recognition of the social worth customers create.

“Rizz” is the embodiment of karma – the extra you give, the extra it is best to obtain within the type of monetary incentives and measurable influence. Zeek's product and token are designed to encourage this collaboration and on-chain status constructing.

Zeek permits customers to test an individual's credibility primarily based on the status they’ve constructed, creating a wholly new method to implement belief within the Web3 world.

“We constructed Zeek with the assumption that the way forward for SocialFi is to create a brand new social financial system by the financialization of present social habits, and that the final word purpose of SocialFi is a status layer that bridges the hole between social affect and on-chain id,” mentioned Angus Koh, CEO of Zeek.

Zeek is ready to formally launch in July, with the personal beta working from now till the discharge date, and customers can presently pre-register right here by their X and Discord accounts.

Moreover, Zeek's Tier-0 Genesis NFT assortment, restricted to 250 items, is scheduled to launch later this month.

About Zeke

Zeek is a decentralized collaborative financial system that incentivizes status, enabled by an revolutionary social bounty mechanism known as “Needs”. People' actions and engagement contribute to constructing a status layer known as “Rizz”, which will be monetized and used to measure trustworthiness, credibility and affect.

Twitter | Web site

contact

Public Relations Supervisor
Kelvin Yeo
Everest Enterprise Group
(e-mail deal with protected)