CEEK VR
Crypto Overview
Project Overview
CEEK VR is a cryptocurrency token built on the Ethereum blockchain that powers a virtual reality platform focused on content creation and distribution. The platform aims to connect content creators, particularly in entertainment and education, with their audiences through virtual reality experiences.
Intended Utility
The CEEK token is designed to serve as the primary medium of exchange within the CEEK VR ecosystem. It enables users to purchase virtual tickets to events, buy digital merchandise, and access exclusive content. Content creators can monetize their work, and users can participate in the platform's governance.
Actual Implementation and Usage
The platform has established partnerships with several music artists and educational institutions. The token is actively used for purchasing virtual concert tickets and educational content. Development activity is consistent, with regular updates to the platform and VR technology.
Token Distribution and Governance
Initial token distribution allocated 40% to the public sale, 25% to the team and advisors (with vesting periods), 20% to ecosystem development, and 15% to marketing and partnerships. The vesting schedule for team tokens extends over 4 years, indicating a long-term commitment.
Revenue Model
The platform generates revenue through content sales, virtual merchandise, and event tickets. These transactions use CEEK tokens, creating natural demand based on platform usage rather than speculative trading.
Crypto Impact
To assign a comfort level investing in CEEK VR from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to CEEK VR.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.