What Is CEEK Cryptocurrency?

It’s estimated that almost 60 million live performance tickets are offered in North America annually, thus indicating a powerful demand for stay leisure on this aspect of the globe. Nevertheless, it needs to be famous that many prime performers are nonetheless not capable of meet the a whole bunch of venue requests that they obtain on a near-daily foundation, creating important missed income alternatives.

CEEK is an all-new leisure ecosystem that’s powered by Ethereum-based sensible contracts and ruled by way of the usage of a local blockchain protocol. In its most elementary sense, CEEK allows concert-goers to just about expertise stay performances by their favourite bands and artists with out having to bodily be current on the venue.

Because of this, performers can probably promote a vast variety of digital tickets in addition to genuine digital merchandise.

From a purposeful standpoint, CEEK permits music lovers to buy tickets and attend performances by their favourite bands utilizing a VR-enabled headset. The platform additionally allows artists to work together with their followers, permitting them to signal autographs on digital album covers that apply particular cryptographic token signatures that are distinctive and immutable.

Overview of the system

  • It supplies the leisure sector with a technique of ordering, organizing and monitoring digital gross sales, all whereas providing prospects detailed analytics and infographics.
  • All sale proceeds and different important data are straight recorded onto the blockchain, thus minimizing the probabilities of any mismanagement or monetary swindling.
  • Since CEEK streamlines the entire main processes concerned in internet hosting a VR efficiency, file labels and performers can enhance their revenue margins considerably.
  • The platform makes use of a local foreign money referred to as the CEEK token. It’s ERC20-compliant and has a specialised protocol that expands its performance to embody all elements of the CEEK ecosystem.

Key Options

Initially, CEEK makes use of an Open XR structure that defines two distinctive ranges of API interfaces. The native apps and first graphics engine use standardized interfaces to work together with drive gadgets, thus decreasing fragmentation however nonetheless leaving implementation particulars obtainable for all events.

Overview of the Open XR structure utilized by the platform

Moreover, CEEK makes content material accessibility streamlined and deploys 4 patented applied sciences to assist enhance the general visible and aural supply of the platform. They embrace:

  • Spatial Audio Mechanisms
  • Deployment of Environmental Geometry
  • Materials Dynamics
  • Physics Implementation

In the same vein, the system additionally employs a distribution engine that gives prospects with built-in content material that may be sourced from a number of VR channels similar to cellular gadgets, PCVR, consoles, and different VR gear.

Lastly, CEEK makes it straightforward to monetize digital content material by automating metadata ingestion and making it simpler to get rights and clearances from information producers. The platform additionally streamlines the method of reporting and managing information by the usage of a unified platform.

How Will All of This Work?

The CEEK ecosystem is pushed primarily by cellular VR know-how. As a result of smartphones supply excessive mobility and freedom of use, CEEK has developed VR headsets that may be adopted by on a regular basis cellular shoppers.

A structural overview of the CEEK ecosystem

Moreover, CEEK makes use of a multiplatform content material engine that’s suitable with lots of at present’s cellular gadgets. With an increasing number of smartphone makers starting to undertake VR, it is just a matter of time till we see the widespread adoption of this revolutionary know-how.

Lastly, CEEK’s VR headset is platform agnostic and can be utilized to entry a wide range of content material varieties, coupled with premium VR data, all at a aggressive value level.

Partnership Particulars

In keeping with the official firm web site, CEEK VR presently has partnerships with a number of main music trade gamers together with Common Music, Apple, T-Cellular, and Baptist Well being.

Famend artists presently working in partnership with CEEK VR

As well as, the corporate has additionally teamed up with prime artists similar to Katy Perry, U2, Megadeth, and Elton John to assist digitize and stream their concert events throughout the globe utilizing its native VR platform.

In regards to the staff

Mary Spio is the CEO and founding father of this undertaking. Along with her work at CEEK, Spio has labored as a deep house engineer for Boeing Digital Cinema, Intelsat, and Aerospace Corp. She has additionally served as a technical advisor for a lot of established corporations together with:

  • Microsoft
  • Tribune Information Firm
  • Coca-Cola
  • Toyota

Lauri Clark is the COO of CEEK, and in line with her LinkedIn bio, her core technical prowess lies inside area of interest domains similar to:

  • Gross sales Administration
  • Operations Experience
  • P&L Administration

Clark has additionally labored as an analyst, overseeing a wide range of mergers and acquisitions, and has even served as an skilled witness to numerous U.S. authorities panels together with the Federal Commerce Fee and the Division of Commerce.

Lastly, Akim Millington is the Director of World Partnerships for this enterprise. Millington is a former NFL participant who was on the New Orleans Saints roster in 2008. He has since been affiliated with a number of companies, significantly these associated to the sector of Digital Actuality, together with Subsequent Galaxy Corp. and CEEK VR.

Token Financials

Launched simply over per week again, the worth of the native CEEK token has remained remarkably regular since then.

CEEK token lifetime efficiency information (courtesy of CoinMarketCap)

Whereas initially buying and selling for a sum of US$zero.05 per token, the foreign money dipped in worth a couple of days again. Nevertheless, it has since recovered, and the value of CEEK presently stands at $zero.045 (as of June 21).

Moreover, CEEK possessed a market cap of US$12,259,793 and has a complete provide of 1 billion, of which solely 270.6 million cash are presently in circulation.

Last Take

Digital actuality is seen as the following large technological breakthrough by many analysts, and if CEEK is profitable in infiltrating the leisure market, there isn’t a telling how profitable this undertaking may ultimately grow to be.

If you need to begin investing on this platform, CEEK tokens are presently being traded on IDEX and Bancor Community.

About Tom Greenly

Check Also

Bitcoin Price Looks North As Trading Volumes Hit 9-Month Highs

View Bitcoin witnessed an inverse head-and-shoulders breakout on Monday and rose to $Four,00zero yesterday, confirming …

No Internet, No Problem: How to Send Bitcoin by Amateur Radio

In an age the place governments are set off completely satisfied at censoring or shutting …