Hong Kong, Hong Kong, June twentieth, 2024, Chainwire
- Zeek has finished a USD 3M seed investment spherical from buyers together with OKX Ventures, Animoca Manufacturers, and Masks Community
- Zeek will probably be converting the best way social collaboration works in SocialFi thru using popularity 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 popularity, has effectively finished a USD 3M seed investment spherical forward of its legit release in July.
Traders come with OKX Ventures (as a part of its strategic funding in Everest Project Staff’s consumer-oriented merchandise, which incorporates Zeek), Animoca Manufacturers, Masks Community, Arche Fund, Summer time Ventures, Blockchain Coinvestors, Aspen Virtual, 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 workforce resonates with our purpose of supporting daring founders in development the way forward for the open web, and it’s for sure an exhilarating alternative to take part within the nascent expansion of one thing new within the SocialFi area. Our self assurance within the workforce’s imaginative and prescient and execution functions strengthens our dedication to serving to their expansion,” mentioned Thanh Le, the Founding father of Nighty 8.
“We see vital possible in consumer-oriented projects like Zeek that mix actual use circumstances with gamified stories in social and gaming contexts. Zeek’s decentralized collaboration economic system promotes natural collaboration thru on-chain bounties. By way of monetizing the idle price of social networks and private abilities, it creates new alternatives for all individuals. We’re assured that this may make disruptive applied sciences out there and relaxing for mainstream audiences,” mentioned Suji Yan, the Founder & CEO of Masks Community
On this planet of Web3, customers are continuously inspired to do their due diligence earlier than trusting an individual, platform, or any knowledge they see, which is more straightforward mentioned than completed. Zeek goals to resolve this thru its on-chain popularity assemble, spotting customers who create price thru social collaboration.
Powered via OpenSocial Protocol, Zeek is a social community that permits customers to free up the price in their intelligence, community, get entry to, and time thru on-chain social bounty mechanics and popularity referred to as Want and Rizz.
(Symbol 1: ‘Want’ on discovery web page)
Social price is created as customers create and take part in ‘Needs’, which may also be carried out for various functions, whether or not to hunt out knowledge and perception or amplify your community and connections. Customers will then be capable to achieve ‘Rizz’ thru contributions and engagements within the community, which can naturally assemble a social popularity layer for everybody and act as an on-chain popularity of the social price the person creates.
‘Rizz’ is an embodiment of karma wherein the extra you give, the extra you must be given in types of financial incentive and measurable affect. Zeek’s product and token are designed to foster such collaboration and development of on-chain popularity.
With Zeek, customers will be capable to take a look at the reliability of an individual in accordance with the popularity they have got constructed, growing an entire new option to put in force accept as true with within the Web3 international.
“The way forward for SocialFi is to create new social economies throughout the financialization of present social behaviors and therefore, now we have constructed Zeek as we imagine the endgame of SocialFi is the popularity layer, which bridges the distance between social affect and on-chain identities,” mentioned Angus Ko, CEO of Zeek.
Zeek is predicted to formally release in July, with its Non-public Beta working from the prevailing till the release date. Recently, customers are ready to pre-register by the use of 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 economic system incentivizing popularity, and powered via cutting edge social bounty mechanics referred to as ‘Needs’. Person behaviors and engagements give a contribution to the development of a name layer referred to as ‘Rizz’, which may also be monetized and applied to gauge credibility, reliability, and affect.
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Kelvin Yeo
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