Zeek has completed a $3 million seed funding round, with investors including OKX Ventures, Animoca Brands, and Mask Network. The project aims to change the way social collaboration works in SocialFi through the establishment of a reputation mechanism. The limited edition Tier-0 Genesis NFT series, consisting of 250 pieces, will be released this month.
(Zeek has integrated EVG ecosystem with OKX Ethereum Layer2! Driving the large-scale adoption of Web3 in Asia)
(Background supplement: “Decoding the Multiverse: What is Plurality Promoted by V God and Glen? Why is Collaborative Technology the Key to Human Social Progress?”)
This article is a press release written and provided by Zeek and does not represent the position of the platform.
Zeek is a decentralized collaborative network for on-chain social bounties and reputation. Prior to its official release in July, it has successfully completed a $3 million seed funding round.
Investors include OKX Ventures (as part of its consumer-oriented product strategy investment in Everest Venture Group, which includes Zeek), Animoca Brands, Mask Network, Arche Fund, Summer Ventures, Blockchain Coinvestors, Aspen Digital, CatcherVC, Panony, Spacebar, Hardbank, as well as angel investors Jason Kam from Folius Ventures, Ivan Li from Comma3 Ventures, and Donny Chi from WeMade.
“Supporting the Zeek team is consistent with our goal of supporting founders who are innovative and dedicated to building the future of the open internet. Being able to participate in the development of SocialFi, this emerging field, is an exciting opportunity,” said Thanh Le, founder of Nighty Eight. “We have full confidence in the team’s vision and execution capabilities, which solidifies our determination to help them grow.”
Suji Yan, founder and CEO of Mask Network, stated, “In the world of Web3, users should conduct their own research before trusting others, other platforms, or any information they see. But this is easier said than done. Zeek aims to solve this problem by establishing its on-chain reputation mechanism that recognizes users who create value through social collaboration.”
Zeek is supported by the OpenSocial protocol, a social network that allows users to unleash their value through an on-chain social bounty mechanism called “Wish” and an on-chain reputation called “Rizz.” This includes wisdom, social networks, channels, and time in the entire cryptocurrency field.
The “Wishes” found on the discovery page create social value through the process of creating and participating in them. “Wishes” can be used for various purposes, whether it is seeking information and insights or expanding networks and relationships. Users can then earn “Rizz” through contributions and participation in the network, which naturally builds a social reputation layer for everyone and serves as on-chain recognition of the social value they create.
“Rizz” is a manifestation of blessings, meaning the more you give, the more economic rewards and measurable influence you should receive. Zeek’s products and tokens are designed to facilitate this cooperation and build on-chain reputation.
With Zeek, users can check the reliability of a person based on their established reputation, thus creating a new way to detect trust in the Web3 world.
Angus Ko, CEO of Zeek, said, “Zeek is expected to launch in July, and its private beta is now running until the release date. Currently, users can pre-register through their X and Discord accounts.”
In addition, Zeek’s Tier-0 Genesis NFT series will be released later this month in a limited edition of 250.
About Zeek
Zeek is a decentralized social collaboration economy that incentivizes reputation through its innovative social bounty mechanism called “Wishes.” Individual behaviors and participation contribute to building a reputation layer called “Rizz,” which can be monetized and used to measure credibility, reliability, and influence.
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