The brand new decentralized social collaboration network Zeek has raised $3 million in seed funding to reshape Web3 social reputation

• Zeek has completed a $3 million seed round financing, with investors including OKX Ventures, Animoca Brands, and Mask Network.
• Zeek will change the way social collaboration works in SocialFi by establishing a reputation mechanism.
• A limited edition of 250 Tier-0 Genesis NFTs will be released later this month.

Zeek is a decentralized collaboration network focused on on-chain social bounties and reputation, having successfully completed a $3 million seed round financing before its official launch in July.

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 like Jason Kam from Folius Ventures, Ivan Li from Comma3 Ventures, and Donny Chi from WeMade.

Supporting the Zeek team aligns with our goal of building an open internet future with innovative founders, and being part of the development in this emerging field of SocialFi is definitely an exciting opportunity. Thanh Le, founder of Nighty Eight, stated, "We are confident in the team's vision and execution capabilities, which strengthens our determination to help them grow."

Suji Yan, founder and CEO of Mask Network, said, "We see tremendous potential in consumer-oriented initiatives like Zeek that integrate real-world applications and gamified experiences in social and gaming environments."

Zeek's decentralized collaborative economy promotes cooperation through on-chain bounties. By monetizing the idle value of social networks and individual skills, it creates new opportunities for all participants. We believe this will make disruptive technology more accessible and enjoyable for the masses."

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 address this issue by establishing its on-chain reputation mechanism that recognizes users who create value through social collaboration.

Powered by the OpenSocial protocol, Zeek is a social network that allows users to unlock their value through an on-chain social bounty mechanism called Wishes and an on-chain reputation called Rizz, which includes wisdom, social networks, channels, and time across the cryptocurrency space.

(Find "Wishes" on the page)

Users create social value by creating and participating in "Wishes." "Wishes" can be used for various purposes, whether seeking information and insights or expanding networks and relationships. Users can then earn "Rizz" through their contributions and participation in the network, which will naturally build a layer of social reputation for everyone and serve as on-chain recognition of the social value created by users.

"Rizz" is a manifestation of the principle that the more you give, the more you should receive in economic rewards and measurable influence. Zeek's products and tokens are designed to facilitate this collaboration and build on-chain reputation.

With Zeek, users can check a person's reliability based on the reputation they have built, creating a whole new way to detect trust in the Web3 world.

Zeek CEO Angus Ko stated, "The future of SocialFi is to create a new socio-economic landscape by financializing existing social behaviors, which is why we built Zeek, as we believe the ultimate goal of SocialFi is a reputation layer that bridges social influence and on-chain identity."

Zeek is expected to launch in July, with its private beta running from now until the launch date. Currently, users can pre-register using their X and Discord accounts. Additionally, Zeek's Tier-0 Genesis series will be launched later this month, limited to 250 pieces.

About Zeek

Zeek is a decentralized social collaboration network powered by an innovative social bounty mechanism called "Wishes," which incentivizes reputation. Individual actions and participation contribute to building a reputation layer called "Rizz," which can be monetized and used to measure credibility, reliability, and influence.