CEEK is an ERC-20 utility token that was released by a decentralized platform with the same name for music artists and content creators. This is an extraordinary blockchain platform that stands apart from others as it presents quite a different approach to the concept of how entertainment and education should be consumed. The members of the community can get a unique experience as they enjoy virtual presence at different events such as concerts and live shows of performers. It’s worth noting that the platform is adding educational events to the list as well.
The company behind the platform, CEEK VR Inc, develops hardware and software for VR experience. Thus, the company had already had a real product to base upon when it started developing the new ecosystem. Its products were highly assessed by critics and won numerous awards in their niche. Partnering with many enterprises, the company also creates virtual reality content and offers its content channels. Besides, it delivers professionally licensed content for other companies, too.
The Ceek network unites multiple performances and concert programs with the constant growth of the library. There are many prominent singers and groups on the platform such as Elton John, Katy Perry, and U2, who partner with Ceek.
However, the platform concludes partnerships not only with show business performers. There are also sporting events, charity fundraisers, and educational projects among the materials added to the platform that add versatility to the project and expand its customer base. The members of the community can get access to unique and valuable content no matter where they are located.
The opportunities are unlimited, whether users select educational content to raise the level of their professionalism or just relax by watching entertainment content and visiting virtual concerts. The most ambitious plans also include the addition of whole degree programs that can be offered on a distance basis through CEEK. Thus, residents of remote areas can get the best education and equal chances with megapolis dwellers, regardless of their location.
Ceek stands apart from similar platforms thanks to the real product it has developed which is the CEEK VR headset, the prototype of which is sold on Amazon and other famous marketplaces. The price is affordable while the device itself is universal as it has iOS and Android-based applications. It can be easily installed for further purchase of concert tickets to enjoy your favorite performers at any time without leaving your house.
The CEEK platform employs open standards to enable the creation of unique digital items for artists so that users of the system could acquire these items. All transactions are recorded on the blockchain to prove the ownership and give the possibility to transfer these assets via numerous channels.
The platform also establishes CEEK Venues that enter CEEK CITY where users can get an immersive virtual reality experience. The entertainment infrastructure includes a theater, a sports complex, a concert arena, and just a place for chilling out with other members of the community.
CEEK provides the service Virtual Mint to artists who want to mint their own assets. This is a custom minting tool that can be used by artists who can produce items with their own brands, and offer merchandise, and virtual tickets to increase revenue within the system.
Benefits of using Ceek
Using CEEK, artists and other content creators can create and monetize their content or shows without delay. They get a chance to become famous globally, expand their fan base and reach people who wouldn’t be able to come to the concert due to their remote physical location. They can earn more by selling more musical albums and merchandise.
Though the platform targets primarily people who can’t physically come to the venues, it doesn’t mean that people who can visit real concerts, don’t visit virtual events. It is always convenient to get pleasure from the work of your favorite performers while enjoying the comforts of your home. The price of tickets tends to be very high when you visit the concert in reality while the virtual alternative is usually more affordable. Also, the virtual audience doesn’t spend money on parking, transportation, drinks, and food when they attend virtual concerts. The platform can give access to more profound content as well such as behind-the-scenes looks and travel experiences.
The Ceek token (CEEK) has been developed to fuel the development of the platform’s metaverse. This is the Ethereum-based asset that was released on June 1, 2018, with the goal to enhance the user experience and provide better functionality. The holders of the asset will have the opportunity to access immersive VR experiences and get tokenized rewards.
According to the CEEK whitepaper, the facility plans to introduce decentralized governance and give voting rights to the members of the community. Tokens can be used to buy services, virtual goods, control the programming, etc. Via governance based on smart contracts, it is possible to attain a better user experience, enable better transactions, get a higher level of security and transparency while all transaction records within the ecosystem remain immutable.
The token sale took place in 2018, from March to May. As a result, the ICO managed to raise over 17 million USD. Over a billion tokens were sold then. The platforms that were selling tokens included IDEX and Bancor Network. Since CEEK is ERC-20 compliant, it can use Ethereum smart contracts for the introduction of governance of the virtual reality environments.
The Ceek team
The founder, CEO, and CTO of the Ceek platform is Mary Spio who is a deep space engineer and a US Air force veteran. Previously, she worked for BOEING and INTELSAT. Being a holder of over 10 technology patents, Mary Spio collaborated with MICROSOFT XBOX 360, Tribune News and 200+ radio stations. Also, Mary is on the Boards of Oculus VR for Good, Amazon Launchpad, and other organizations.