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 likely be altering the best way social collaboration works in SocialFi by the usage of fame mechanisms
• The Tier-0 Genesis NFT assortment, restricted to 250, will likely 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 team resonates with our goal of supporting bold founders in building the future of the open internet, and it is definitely an exciting opportunity to participate in the nascent growth of something new in the SocialFi space. Our confidence in the team’s vision and execution capabilities strengthens our commitment to helping their growth,” stated Thanh Le, the Founding father of Nighty Eight.

“We see significant potential in consumer-oriented initiatives like Zeek that blend real use cases with gamified experiences in social and gaming contexts. Zeek’s decentralized collaboration economy promotes organic collaboration through on-chain bounties. By monetizing the idle value of social networks and personal skills, it creates new opportunities for all participants. We are confident that this will make disruptive technologies accessible and enjoyable for mainstream audiences,” stated Suji Yan, the Founder & CEO of Masks Community

On this planet of Web3, customers are consistently inspired to do their due diligence earlier than trusting an individual, platform, or any info they see, which is simpler stated than carried out. 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 enables customers to unlock the worth of their intelligence, community, entry, and time by on-chain social bounty mechanics and fame known as Want and Rizz.

(Picture 1: ‘Wish’ on discovery web page)

Social worth is created as customers create and take part in ‘Wishes’, which could be utilized for various functions, whether or not to hunt out info and perception or broaden your community and connections. Customers will then have the ability to achieve ‘Rizz’ by contributions and engagements within the community, which can 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 try to 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 fame.

With Zeek, customers will have the ability to test 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 future of SocialFi is to create new social economies through the financialization of existing social behaviors and hence, we have built Zeek as we believe the endgame of SocialFi is the reputation layer, which bridges the gap between social influence and on-chain identities,” stated Angus Ko, CEO of Zeek.

Zeek is anticipated to formally launch in July, with its Non-public Beta operating from the current till the launch date. At present, customers are in a position to pre-register by way of their X and Discord accounts right here.

Moreover, Zeek’s Tier-0 Genesis NFT assortment, restricted to 250, will likely be dropped later this month.

About Zeek

Zeek is a decentralized collaboration financial system incentivizing fame, and powered by progressive social bounty mechanics known as ‘Wishes’. Particular person behaviors and engagements contribute to the development of a fame layer known as ‘Rizz’, which could be monetized and utilized to gauge credibility, reliability, and affect.

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Contact

PR Supervisor
Kelvin Yeo
Everest Ventures Group
[email protected]