Zeek raises $3M to build decentralized collaboration platform using blockchain for social reputation

From Investing.com: 2024-06-19 22:30:36

Zeek, a decentralized collaboration network for SocialFi, completes a $3M seed funding round with investors like OKX Ventures, Animoca Brands, and Mask Network. A Tier-0 Genesis NFT collection limited to 250 will be released this month. Zeek aims to revolutionize social collaboration through on-chain reputation mechanisms in Web3. The platform encourages users to create and participate in ‘Wishes’ to build reputation and trust. Zeek will officially launch in July, with a Private Beta currently running for pre-registered users.

Investors include OKX Ventures, Animoca Brands, Mask Network, and others. Founders believe Zeek’s decentralized collaboration economy will create new social economies by financializing existing social behaviors. Zeek’s on-chain reputation construct, powered by OpenSocial Protocol, allows users to unlock the value of their intelligence, network, and time through social bounties.

Zeek’s product and token design foster collaboration and construction of on-chain reputation through ‘Wishes’ and ‘Rizz’. ‘Rizz’ acts as an embodiment of karma, rewarding users who contribute value to the network. Zeek users can check the reliability of others based on their built reputation, revolutionizing trust in the Web3 world. Zeek’s Tier-0 Genesis NFT collection, limited to 250, will be dropped later this month.

Zeek will officially launch in July, with a Private Beta currently running for pre-registered users. The platform aims to bridge the gap between social influence and on-chain identities by incentivizing reputation through innovative social bounty mechanics called ‘Wishes’. Users can pre-register via their X and Discord accounts for early access.

Read more at Investing.com: Zeek, a New Decentralized Social Collaboration Network, Raises USD 3M Seed Funding To Reinvent Social Reputation In Web3 By Chainwire