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Zeek, A New Decentralized Social Collaboration Network, Raises $3M Seed Funding, Ahead of its Official Launch in July


Decentralized Social Collaboration Network

June 20, 2024


Zeek, an innovative network for decentralized collaboration that focuses on social bounty and reputation on the blockchain, has triumphantly raised USD 3M in a seed funding round. This comes before its official debut set for July.


Project

Latest Raise

Latest Raise Date

Stage

Total Raise

Category

Zeek

$3M

June 20, 2024

Seed

$3M

Web3

The investment round saw participation from OKX Ventures, which is strategically investing in consumer-focused products of Everest Venture Group, including Zeek. Other investors encompass Animoca Brands, Mask Network, Arche Fund, Summer Ventures, Blockchain Coinvestors, Aspen Digital, CatcherVC, Panony, Spacebar, Hardbank, and prominent individual investors such as Jason Kam from Folius Ventures, Ivan Li from Comma3 Ventures, and Donny Chi from WeMade.


In the Web3 universe, users are persistently urged to exercise caution and verify the credibility of individuals, platforms, and information, which is often easier said than implemented. Zeek seeks to address this challenge with its blockchain-based reputation system, acknowledging users who contribute value via social collaboration.


Zeek, fueled by the OpenSocial Protocol, is a social platform that empowers users to tap into the potential of their knowledge, connections, accessibility, and time through blockchain-based social bounty mechanisms and a reputation system known as Wish and Rizz.


About Zeek

Zeek is a decentralized cooperative ecosystem that rewards reputation, driven by unique social bounty mechanisms known as ‘Wishes’. The actions and interactions of individuals help build a reputation stratum termed ‘Rizz’. This can be monetized and used as a measure of trustworthiness, dependability, and sway.

X Followers today: 16,548


About Investor/s 

The investment round saw participation from OKX Ventures, which is strategically investing in consumer-focused products of Everest Venture Group, including Zeek. Other investors encompass Animoca Brands, Mask Network, Arche Fund, Summer Ventures, Blockchain Coinvestors, Aspen Digital, CatcherVC, Panony, Spacebar, Hardbank, and prominent individual investors such as Jason Kam from Folius Ventures, Ivan Li from Comma3 Ventures, and Donny Chi from WeMade.


Websites:




A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.

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