CEEK VR
Crypto Overview
Intended Utility
CEEK VR is a cryptocurrency token designed to power a virtual reality entertainment and educational platform. The token serves as the primary medium of exchange within the CEEK VR ecosystem, allowing users to purchase virtual tickets to concerts, educational content, and exclusive VR experiences. The platform aims to connect artists, educators, and content creators directly with their audience in virtual reality spaces.
Business Model Analysis
The platform generates revenue through content sales, virtual merchandise, and VR event tickets. The business model appears transparent and focuses on legitimate entertainment and educational content delivery. No evidence was found of involvement in prohibited activities.
Actual Utility Assessment
CEEK has established partnerships with multiple artists and educational institutions. The platform has hosted virtual concerts and educational events. The CEEK VR headset is actively sold and used for content consumption. Development activity is ongoing with regular updates to both the VR platform and supporting blockchain infrastructure.
Token Distribution and Founder Analysis
Initial token distribution allocated 40% to the public sale, 25% to the team and advisors (with vesting periods), 20% to platform development, and 15% to marketing and partnerships. Team tokens have vesting schedules extending over multiple years. The founder, Mary Spio, has a verifiable background in digital media and technology, with previous experience at Boeing and other major companies.
Technology and Revenue Model
The platform operates on the Ethereum blockchain, utilizing smart contracts for content distribution and payment processing. Revenue is generated through legitimate sale of digital goods and services, without relying on interest-bearing mechanisms or prohibited activities.
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.