As one of the cryptocurrency projects that has a wide partnership with many famous singers such as Lady Gaga, Elton John, U2, Katy Perry and Megadeth and the World of Dance…CEEK program is not only attracted by the benefits it brings to Metaverse but also artists from all over the world. So what is CEEK VR, what is CEEK coin and should we invest in this project? Let’s find out in this article with Crypto Insights.
What is CEEK VR?
CEEK VR Network is a Metaverse project that connects music artists, athletes, or digital creators directly with their fans without intermediaries thanks to the application of blockchain technology.
The CEEK VR system allows users to experience virtual reality during concerts and live shows, with plans to add other immersive experiences such as educational seminars, as if you were right there. This is a new direction and a great step forward in virtual reality technology.
Many famous singers such as Lady Gaga, Elton John, U2, Katy Perry, and Megadeth and the World of Dance…CEEK program is not only attracted by the benefits it brings to Metaverse but also artists from all over the world.Â
Unlike many other blockchain projects, CEEK has launched a real-life product of its own, the CEEK VR headset. CEEK VR Inc., the hardware and software developer behind the blockchain project, has won numerous awards for its work in delivering VR experiences.
This product sets it apart from other blockchain projects that have to rely entirely on ICO fundraising. CEEK VR headset prototypes are available on Amazon, Target, and Best Buy, as well as from other major retailers.
In addition to creating their own VR experiences, they also manage and partner with other world-class companies to distribute virtual reality content. CEEK VR offers several channels of content, some of which are original content just for them and other professionally licensed content.
What is CEEK coin?
CEEK coin is the native cryptocurrency of the CEEK VR network, which will be used in all purchases, sales and similar transactions on the CEEK VR platform.
The CEEK token was released to users on 1/6/2018 and it was developed to improve CEEK user experience while providing enhanced functionality. Holders of the CEEK token, known as CEEK-ers, will be able to access a special immersive VR experience and will also have access to the CEEK-enabled crypto rewards exchange.
Ultimately, CEEK holders will receive voting rights as outlined in the official CEEK report. This allows holders to use CEEK Tokens to make purchases, vote on content, control the program, and more.
The CEEK token is an ERC-20 compliant token that uses Ethereum smart contracts to establish governance of the virtual reality environment. In addition, CEEK can also work on Binance Smart Chain with BEP20 standards. It is this smart contract-enabled governance feature that will provide CEEK holders with flexible interoperability “in the tokenized world,” including rewards, voting, virtual goods, and contests…
Detailed information about CEEK VR
- Token Name: CEEK VR
- Token Symbol: CEEK
- Blockchain: Binance Smart Chain.
- Token Standard: BEP-20, ERC-2020
- Token type: Utility.
- Total supply: 1,000,000,000
- Allocation: Public sale accounts for 50% of the supply, 20% used for community development, 20% for early contributors, mentors and the company, 10% for reserve.
 Who is the founder of CEEK VR?
CEEK’s CEO and founder is Mary Spio, whose experience is a former President of US Satellite Communications at Boeing Digital Cinema and previously built an online/mobile video platform serving guests such as Coca-Cola, Clear Chanel and Microsoft XBOX. She is also on the advisory board of Oculus VR for Good (Facebook) and Amazon Launchpad.
Ecosystem of CEEK VR
- CEEK VR App: This is a virtual reality streaming app.
- CEEK City: This is a space with a virtual reality complex called CEEK City, which includes a theater, concert arena, sports complex, hangout lounge, etc. After the token launch, users will be able to use CEEK tokens to make purchases, vote on content, control the show and much more.
- CEEK NFT Marketplace: This is where CEEK’s NFT trading takes place. The platform will allow users to create and trade digital assets based on blockchain technology online.
What are the outstanding features of CEEK VR coin?
CEEK VR, billed as the future of video and music broadcasting, has a patented VR suite. Now sold worldwide, the set allows broadcasters and artists to perform and monetize using a virtual event streaming platform.
The project has forged partnerships with several major entertainment companies, and also has headsets and working VR environments, putting it ahead of many other blockchain projects that no other product offers.
CEEK already has a bunch of famous artists performing on their platform such as Lady Gaga, Elton John, U2, Katy Perry, Megadeth, Rihanna, Demi Lovato, Miley Cyrus, Chris Brown…
Users will also benefit through CEEK, they will be able to attend most of the live concerts of their favorite artists, without having to spend a lot of money buying tickets to the concerts at other venues. different locations. Because purchasing concert tickets through CEEK is more affordable than actual concert tickets, especially since there are additional costs for travel, parking, meals and any other costs that may be incurred when attending a concert.
Perhaps the biggest benefit to users is that they get experiences that are not possible. Currently, it’s concerts, but in the future, it could include special “behind-the-scenes” movie screenings, front-row sports events, travel experiences and educational experiences…
Price movement of CEEK coin
Let’s review the price movement of CEEK coin over the past few months:
- The starting price of CEEK coin is around 0.04958 USD in June 2018. However, after that, the price of CEEK coin dropped quite sharply until the end of October 2021 while many coins mostly increased sharply from the beginning of 2021. During this time, there was a time when CEEK coin was only about 0.001 USD and started in 2021 with 0.001919 USD.
- It took until the end of October 2021, the price of CEEK coin return to the starting price (ie after more than 3 years), but then increased surprisingly quickly from $0.04919 at the end of the month 10/2021 but by the end of November 2021, the price has reached $1,1438 (up over 2200%) within just 1 month.
- However, after about 20 days, the price of CEEK coin decreased to only $ 0.4445 (down to over 60%). The price then rose to $0.8 and ended 2021 at $0.6563.
- Entering 2022, the price of CEEK coin has quite similar fluctuations with the price of Bitcoin when the top and bottom of CEEK coin are similar. This is because CEEK has gained more attention when it comes to the top 200 coins with the largest capitalization in the world. Previously, CEEK coin was barely noticed even though it was used by many famous people, the capitalization of that time was only about 2-3 million USD.
In the long term, the real CEEK coin price is having positive growth. However, the price fluctuates strongly with high investment risk.
Where can users buy CEEK VR?
CEEK VR is currently listed on various exchanges. You can buy CEEK VR at Gate.io, Houbi, KuCoin, MEXC, LBank, Phemex, Hotbit…
Should we invest in CEEK VR?
As such, CEEK VR is a virtual reality platform built to provide smart contracts to easily tokenize digital assets. And help exchange, trade, and track purchases in virtual reality. The project was born a long time ago but did not get attention. However, since Facebook changed its name to Meta and started focusing on building the Metaverse world, the price of the CEEK token has grown dramatically. Let’s wait and see, with the explosion of Metaverse in the future, how the CEEK project will have developments.
Should we invest in CEEK coin or not? The answer will depend on each person’s judgment because virtual reality shows are still unknown to many people. If you are interested in CEEK VR, it is possible to invest with a small amount of capital in the long term because the risk of investing in cryptocurrencies is still very high.
The above is all information that Crypto Insights has researched about the CEEK VR project and is not investment advice. Hope this article will help you get the necessary information and give your personal opinion about the project.