CEEK VR $CEEK Q&A



Welcome to the CEEK VR - $CEEK Q&A with The Gem Hunters


We would like to thank the CEEK team for coming to The Gem Hunters and kindly sharing information on the project with our community. Before commencing our pre-set questions which will be followed by public engagement, we would like to share some basic information on the project before the Q&A begins.



CEEK VR is an award-winning developer, offering blockchain-based streaming for content creators worldwide. Through the use of blockchain technology, this innovative company offers immersive entertainment and educational experiences. In addition, music artists, professional athletes, and other influencers can also tokenize merchandise on the CEEK platform creating a new source of income.



Q1. To get things started could you give our community some information about your own background, experiences and what brought you to actually create this revolutionary platform?


Sure I’m a Deep Space Engineer. I started out working on satellite design for companies like Boeing, Intelsat etc I created several streaming protocols for satellite communication including 4 novel satellite live streaming innovations that I sold to the Boeing company. After that I worked with Boeing to develop the Digital Cinema Technology to use those innovations. So streaming isn’t new to me, I’ve been doing it for a while, it’s just that now am doing over internet and with blockchain. I’ve worked with probably all top 10 tech companies. I created CEEK because I saw the tremendous opportunity that Virtual reality held for entertainment (music, sports, comedy) and education, no one was focusing on that or had the relationships, expertise or industry insight to make it happen.



Q2. So moving onto the website and platform itself , could you give our community a run down on what the CEEK platform actually provides and any key points you feel will be relevant to people in general and investors searching for a promising new project?


CEEK is a streaming platform for virtual experiences and events. We are using the blockchain to verify transactions and create trust for royalty owners who can also be paid via smart contracts. Think of the platform as Ticketmaster for virtual events and experiences. We’re also creating a marketplace for cryptographically verified physical and virtual goods. Music has tremendous scale because artists have billions and billions of fans who buy tickets each year, this is something that hasn’t changed since the beginning of time and continues to grow. The market has been looking for a solution such as CEEK for a very long time, and the decentralization makes it that much more efficient. We are not just selling virtual tickets we are building the gathering places and venues of the future, so it’s Ready Player One come to life. Not only are people attending events but they can also hangout, classrooms and more. Here are a few of the venues on CEEK.



Q3. The CEEK tokenomics and eco-system is unique and token holders can earn CEEK tokens using various interesting and fun methods, such as, celebrity coin minting and creating digital merchandise. Could you please go into some detail on the various methods and features that can be used to earn CEEK tokens.


CEEK allows celebrity artists to use a special tool called the Celebrity Coin Mint, whereby unique custom minted coins are created as event tickets that provide artists access to new, untapped and unlimited revenue streams. These celebrity minted coins and virtual merchandise items take on the traits of cryptocurrency as each are assigned their own Ethereum address, therefore offer fans the ability to cash in by owning rare items that can gain in value very quickly in virtual reality. At times, celebrity artists will sign these items with special cryptographic token signatures that cannot be duplicated and are authenticated on the blockchain as to their rarity and value.



Q4. We understand that the CEEK team is developing a PoS MasterNode which will grant token holders rights to help maintain the network and receive rewards. On top of this your developing an innovative MasterNode exchange which will also give users the rights to trade their CEEK Masternodes within the CEEK ecosystem. Can you give us more information on the progress and when can we expect to see mainnet implementation along with the introduction of this very exciting feature?


CEEK uses a custom permission Blockchain with a simplified PoS consensus algorithm and masternodes which gives us flexibility to meet our requirements. We are working on several aspects but enabled 200 early last year. The CEEK masternode is a server that offers utility to a distributed network. The concept is specific to the blockchain space and is meant to represent the decentralized counterpart of the consolidated model employed by centralized solutions today. Traditional infrastructure relies on cloud hosted servers and network equipment, which are centralized in big data centers across the globe and offer good performance and availability at moderate costs and security levels.



Q5. Through the CEEK whitepaper we have learnt that 60 million concert tickets are sold in the USA alone per year! The demand for music artists to perform is at an all time high, yet artists are still unable to perform for thousands of the venue requests received each year. Leaving labels and artists with missed revenue opportunities and fans without the chance to experience live shows.. Does the above increase the demand for such platforms like CEEK ?


Yeah, this is the crux of why we exist. Each year ONLY about 10% of the BILLIONS are able to attend concerts. For example 10M fans attempted to buy 100,000 tickets for Adele’s 6-Nights at Madison Square Garden. 1% acquired tickets, 99% of potential buyers left ticketless and disappointed.


https://www.rollingstone.com/music/music-news/10-million-people-tried-to-buy-tickets-for-adeles-u-s-tour-34700/


Prior to COVID 19, there were 3.5 BILLION Live Event Fans Globally yet less than 10%

were able to attend events due to travel costs, capacity and availability. There was no way to monetize the millions of fans who want to buy tickets or attend live events but are not able to do so. Can you imagine the current physical model only accommodates about 1% of the demand. Last Quarter alone the industry has lost billions. What does a global multi-billion dollar industry based on live events do when there are NO live events? THEY COME TO CEEK. With Covid things have gone through the roof as people can only attend mainly virtual events and CEEK’s VR platform allows them to experience the communal energy of attending a live event virtually. We’ve had Bon Jovi, Ringo Starr, Dwyane Wade and much more using the CEEK platform in addition to the other megastars already on the platform. CEEK is now a “trusted voice” providing a streamlined content monetization solution for the biggest names in music sports and comedy, they clearly understand the CEEK value proposition now.



Q6. We have had a terrible year regarding the corona virus and many businesses have closed leaving lots of people out of work. How has this effected the music industry and has CEEK being able to take advantage of a bad situation and offer people the opportunity to watch live shows at home using your revolutionary VR service.


Prior to COVID 19, there were 3.5 BILLION Live Event Fans Globally yet less than 10%

were able to attend events due to travel costs, capacity and availability. There was no way to monetize the millions of fans who want to buy tickets or attend live events but are not able to do so. Can you imagine the current physical model only accommodates about 1% of the demand. Last Quarter alone the industry has lost billions. What does a global multi-billion dollar industry based on live events do when there are NO live events? THEY COME TO CEEK. With Covid things have gone through the roof as people can only attend mainly virtual events and CEEK’s VR platform allows them to experience the communal energy of attending a live event virtually. We’ve had Bon Jovi, Ringo Starr, Dwyane Wade and much more using the CEEK platform in addition to the other megastars already on the platform. CEEK is now a “trusted voice” providing a streamlined content monetization solution for the biggest names in music sports and comedy, they clearly understand the CEEK value proposition now.



Q7. You already have some very interesting partners, including Microsoft! Which is a huge achievement, how does this partnership actually work and how does it benefit CEEK as a company. What other partnerships does CEEK already have and are their any celebrities or famous figures supporting the CEEK platform?


There are so many celebrities supporting the platform, this week alone you’ve seen direct posts from Ziggy Marley, Bob Marley, Ringo Starr, Dwyane Wade and the list goes on. Our partnership with Universal Music gives access to the biggest names in music with billions and billions of fans that could use the platform and the Ceek coins.



Q8. We understand your growing as a company and as a crypto asset, so that brings us to our last question, what can we expect from CEEK in regards of new exchanges and global partnerships. We understand you wont be able to go into fine detail but regarding the above, what are the general ambitions going forward?


We are working and networking with some top exchanges. Plus we have loads of partnerships coming, which will in turn unlock even more audiences. It's an exciting time. Stay tuned!



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