Zeek, a decentralized social collaboration network, has recently secured $3 million in seed funding from various investors, including OKX Ventures, Animoca Brands, and Mask Network. This funding will support Zeek’s mission to revolutionize social collaboration in the SocialFi space by implementing reputation mechanisms.
The network, set to launch officially in July, aims to change the way users interact and collaborate online through on-chain social bounty and reputation. One of the key features of Zeek is the Tier-0 Genesis NFT collection, which will be limited to just 250 pieces and is scheduled to be released later this month.
Investors have expressed their excitement and confidence in Zeek’s vision, citing the platform’s potential to blend real-world use cases with gamified experiences in social and gaming contexts. By monetizing social networks and personal skills, Zeek creates new opportunities for all participants in the decentralized collaboration economy.
Zeek operates on the OpenSocial Protocol, allowing users to leverage their intelligence, network, access, and time through on-chain social bounty mechanics and reputation. Users can create and participate in ‘Wishes’, which generate social value and contribute to their ‘Rizz’ reputation score. This score serves as a measure of the user’s social influence and value within the network.
The concept of ‘Rizz’ is akin to karma, rewarding users for their contributions and engagements with economic incentives and influence. By establishing a reputation layer based on users’ actions and behaviors, Zeek aims to enhance trust and credibility in the Web3 world.
According to Zeek CEO Angus Ko, the platform is designed to financialize existing social behaviors and create new social economies in the realm of SocialFi. By bridging the gap between social influence and on-chain identities, Zeek hopes to establish itself as a key player in the evolving landscape of decentralized collaboration networks.
Zeek is currently in its Private Beta phase, with an official launch scheduled for July. Interested users can pre-register through their X and Discord accounts to access the platform. In addition, the exclusive Tier-0 Genesis NFT collection will be made available to a limited number of collectors later this month.
Overall, Zeek’s innovative approach to social collaboration and reputation management is poised to make a significant impact in the SocialFi space. With backing from prominent investors and a clear vision for the future, Zeek is well-positioned to reshape the way users interact and collaborate in decentralized networks.
For more information about Zeek and its upcoming launch, visit their Twitter and website. For media inquiries, please contact PR Manager Kelvin Yeo at Everest Ventures Group.
