Don't Miss

Experience the power of Virtual Reality in the entertainment industry with CEEK and blockchain technology

Published

on

Can you count how many times you wanted to go to a concert as a kid or teenager, and couldn’t because you did not find tickets? How about in recent times, as a grown-up already? Yes, the number is higher than you would want it to be.

As the world advances in technology solutions to numerous issues that the human being experiences every day, new problems continue to arise. It is a vicious circle; but thankfully, innovative inventions appear on a daily basis.

That is the case of virtual reality. Of course, the concept isn’t new as it has been around for decades, but technology improvements have consolidated it as one of the mentioned solutions to numerous situations, which is CEEK’s field of work.

The power of Virtual Reality

VR, or Virtual Reality, provides a computer-generated picture of how things look, feel, or even smell, successfully simulating a real-life experience. The idea is to immerse the individual in a particular situation while shooting for the closest resemblance to reality.

Virtual Reality creates an experience that is not possible in our current physical reality. VR can also include augmented reality systems and gadgets, with the capability to add a live camera feed into a headset, or through a mobile device such as a smartphone or tablet.

Since Virtual Reality platforms and technology uses VR headsets or multi-projected environments, it provides the perfect setting for getting fans closer to their interests, in this case, concerts and live performances by world-class artists, singers, and bands.

Removing the physical barriers

People from all over the world can remove the physical barriers separating themselves from their idols and enjoy their best and most complete performances via the CEEK platform, which provides both the hardware and the software needed to achieve this kind of communication.

CEEK has the means and the skill to generate realistic images, sounds and other sensations that simulate a user’s physical presence in a virtual environment. People can enjoy concerts of their favorite singers and bands just as if they were physically there, with the ability to earn and use a token to acquire tickets.

What is CEEK?

CEEK is and has been for some time, one of the leading fabricants and distributors of virtual reality experiences around the world, in the form of software and hardware designed for that matter. It has earned numerous awards over time.

They commercialize these gadgets and software to various partners worldwide. CEEK offers several virtual reality content channels, which can be independently created or with licenses. They use the CEEK VR Platform and their outstanding headsets.

The problems that CEEK looks to solve are the missed revenue opportunities for artists and labels, as well as connecting fans all over the globe with the chance to see their favorite celebrities in live events. CEEK VR has partnerships with relevant and prominent companies such as Universal Music, T-Mobile, Baptist Health, and Apple to search for solutions.

People are always demanding to see concerts and live presentations from their favorite artists, and the numbers don’t lie: each year, more than 60 million concert tickets are sold in the United States of America, but despite the high number, artists can’t perform for thousands of the venue requests received each year.

Blockchain technology applied to entertainment

The CEEK network, with an app powered by blockchain technology, plans to extend the reach of events in global scope for sold-out shows, as well as offer artists the ability to sell an unlimited amount of virtual tickets and digital merchandise.

With the CEEK-powered Celebrity Coin Mint, artists can issue custom minted coins, which will be used as tickets for events, opening up a world full of possibilities when it comes to earnings and revenue.

In addition to the companies and labels already mentioned in this piece, CEEK also has direct alliances with artists and celebrities, offering people the chance of accessing a new world of virtual reality.

CEEK is currently building the Entertainment ‘Metaverse,’ which is an interconnected virtual world of exciting venues powered by Ethereum smart contracts and protected by the blockchain.

The technology that CEEK builds and develops lets users to virtually “be there” at live performances, while physically being anywhere else in the world.

The token

With the intention of promoting the sale of tickets for concerts and events on a worldwide platform, the CEEK technology works with a native cryptocurrency that is ERC20 compliant. It is the CEEK token, and it combines another ‘special’ protocol that expands its’ functionality within CEEK virtual reality environments.

People looking to use virtual reality to “be” at the most events possible can use CEEK Tokens to attend concerts and live presentations, access VIP interactions with their favorite artists, purchase virtual items and merchandise, vote for desired venue performances and more.

Uses of CEEK

Each CEEK token holder will have the ability to participate in the virtual reality space for real-world celebrity concerts, charity fund-raisers, sporting events, Virtual Reality commerce, classroom learning and much more as the exciting world of virtual reality meets real-world opportunity through Smart Contract governance.

The CEEK token will be an easy to use, multi-purpose currency. “CEEKERS,” as the community calls people with interests in this all-purpose network, will be able to earn and trade virtual goods and experience all kinds of interactive entertainment in the most popular virtual reality platform online.

Token: CEEK

Price: 1 CEEK = 0.15 – 0.50 USD

Bonus: Available

Platform: Ethereum

Accepting: BTC, ETH, DASH

Soft cap: 10,000,000 USD

Hard cap: 50,000,000 USD

Amount of tokens per person: Unlimited

Minimum sale amount in ETH: US$250

Minimum sale amount in BTC: US$250

Maximum sale amount: Unlimited

Country: USA

Whitelist/KYC: KYC & Whitelist

Token sale information

Pre-sale week 1: From March 26 to April 1 – $0.15, 30% Bonus

Pre-sale week 2: From April 2 to April 8 – $0.15, 20% Bonus

Pre-sale week 3: From April 9 to April 15 – $0.25, 10% Bonus

Public sale: From April 16 to April 27 – $0.35, 0% Bonus

Public sale: From April 28 to May 3 – $0.50, 0% Bonus

Tokens will be distributed on May 4th.

Token distribution

50% – CEEK will sell 50% of the CEEK Tokens during the private, pre-sale and public sale. Unsold tokens will be used for future Celebrity Coin Cast token.

20% – reserved to incentive the development community.

20% – reserved to the company, early contributors, and advisors.

10% – locked for three years as reserves and future reserves.

Use of proceeds

25% – CEEK Foundation Research and Development

25% – Marketing and Business Development

25% – Content and Licenses

10% – Operations

10% – Legal

5% – Contingency

In conclusion, the world is in need of virtual reality platforms and systems for numerous applications. CEEK can provide solutions for the entertainment industry, as it designs and develops headsets, networks and communication devices and gadgets that enable people to experience a concert or live presentation with real-life settings and sound quality, just as if they were physically at the venue.

CEEK has partnerships not only with labels and firms in the industry but also with artists and singers, to get them closer to their audience and let them maximize their earning opportunities for the course of their careers.

CEEK can provide the technology goods to build a cross-platform VR standard, with the intention of eliminating industry fragmentation by enabling applications to be written once, running on any VR system. It allows access to VR devices and integration into those VR systems used by their applications.

The global entertainment market is an incredibly powerful industry, moving close to $2.3 trillion. People stream over 500 million videos on a daily basis, and those are numbers that labels and artists would be wise not to ignore.

For more information, check out the CEEK website, white paper, Twitter, and Telegram!

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of Marco Rosanova via Flickr

Click to comment

Trending

Exit mobile version