Tuesday, June 7, 2022

CEEK - DeFi for Music Artists, Sports Artists and Content Creators

 CEEK is a blockchain-based VR app that has ambitious plans to offer live concert events and other VR headset experiences.



CEEK VR simulates the community experience of attending a live concert, classroom, attending a sporting event, and other exclusive experiences “money can't buy” with friends anywhere. anywhere at any time. CEEK VR creates, curate, and distributes Virtual Reality content for leading partners using CEEK's patented headset and VR platform.

Cooperation Agreement of CEEK VR, Inc. with Universal Music Group granting live performance rights to top artists including Katy Perry, Lady Gaga, U2, Sting, Neyo and more! CEEK has upcoming releases with major studios and influential producers.

CEEK enables content creators to monetize their work using CEEK's patented, award-winning virtual events streaming platform to reach audiences worldwide. CEEK opens up new revenue streams for artists and music creators, providing a whole new way to reach and monetize directly from their fan bases. The CEEK token enables verified real-time payments on the blockchain, ensuring fast, efficient and seamless monetization for music artists and content creators.

CEEK NFT MARKETPLACE

CEEK's NFT Marketplace will enable the creation and online trading of blockchain-based digital assets.

Collectibles – Participants can hold rare and limited physical and digital goods

Membership – Fans will have exclusive access to content, experiences, and more from their favorite celebrities.

Ownership – Music rights owners and publishers can track their royalties/dividends on digital assets streamed on the CEEK decentralized player.

CEEK's NFT platform is designed with a REST API on Devv.io to ensure that it utilizes 1/1,000,000 of Bitcoin's energy usage and CO2 output. Devv.io also enables significant cost savings on scale at 1/1,000,000 the cost of Ethereum A part of the cost.

The CEEK Virtual Reality Environment is governed by Smart Contracts, allowing token holders to have flexible, tokenized 'in-the-world' interactions, rewards, voting, contests, rows, etc. virtualization and many other 'in the world' transactions using a BEP20 Compliant Token known as CEEK.

CEEK + VR METAVERSE + BLOCKCHAIN

CEEK's platform enables smart ticket encryption for content creators, which can track and verify ticket sales and digital assets on the CEEK blockchain. This ensures royalty payments to creators through the ledger's immutable data. In addition, Ceeker can collect rare collectibles, having unique access to favorite bands their own and become the publisher/right holder of digital assets from content creators around the globe.

GENERAL BLOCKCHAIN

The Blockchain Congress is a group of voting members in CEEK appointed to submit various proposals for voting approval by members and witnesses. This is proof of stake, the consensus engine is at work on the blockchain and ensures everyone's voices are heard!

CEEK TOKEN

Each CEEK Token holder will be able to participate in the virtual reality space for real world celebrity concerts, award shows, tech talks, charity fundraisers, sports events, VR trades, classroom learning and more as the exciting world of virtual reality meets the real world of opportunities through Smart Contract governance on the Binance Smart Chain ( BSC).CEEK currently offers a number of immersive VR experiences inside virtual reality within 'CEEK CITY', including theatres, concert arenas, sports complexes, hangout lounges and more . After the token launch, end users will be able to use CEEK Tokens to make purchases, vote for content, control the program and more.

Total supply: ETH – 1,000,000,000 CEEK Token + BSC – 334,027,364 CEEK Token

Total Holders: ~30,000 Holders

Market Cap: $365,439,025

Investors can find out more information about CEEK VR at the project homepage: https://ceek.com/ or https://www.ceek.io/

US may be about to regulate DeFi and DAO

 A leaked copy of a US bill related to crypto was circulated by the Twitter community on Tuesday. The 600-page copy highlights several key areas of interest to regulators including DeFi, stablecoins, decentralized autonomous organizations (DAOs), and exchanges.



User protection seems to be the main focus of regulators. Accordingly, the policies require any cryptocurrency platform or service provider to be legally registered in the United States, including the DeFi protocol or the DAO.

This will most likely limit the development opportunities of anonymous projects here. Cryptocurrency platforms that operate but are not registered in the country are still subject to taxes, and the definition of DeFi can seem vague.

The leak bill also attempts to provide more clarity on securities laws as it relates to digital assets, seemingly satisfying a nagging request from the crypto community and lawmakers alike. . According to the U.S. Commodity Futures Trading Commission (CFTC) definition of a commodity, if there is debt, equity, profit revenue or dividends of any kind, it is clearly not must be a digital asset commodity.

The new bill proposes to increase the exchange's compliance costs, which in turn could lead to increased transaction fees. Any protocol or platform that trades digital assets would be classified as an exchange, which means automated market makers would fall into this same category.

The bill goes on to ensure that exchanges cannot liquidate user funds in the event of bankruptcy and adds that they must issue terms of service for users to agree to before using the service.

The leak bill proposes clear policies to bring this nascent market into the realm of legislation. Many experts point out that although the policies listed seem to encourage close scrutiny, they are only drafts.

“Since it is only the first draft of the bill, it is time for lobby groups to step in and help shape it, removing some problematic language, so it is not entirely lost hope. hope. Contains good intentions,” tweeted professor and investor Adam Cochran.

Dogecoin co-founder Billy Markus also commented on the leaked bill and hinted that the new policies will be tough on DeFi, DAOs, and anonymous projects.

“All they are really going to do is get tougher than just the exchange and the end party.”