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Nonfungible tokens (NFTs), decentralized finance (DeFi) and the Metaverse are three of the most well liked trending matters within the cryptocurrency ecosystem and every helps the world slowly transfer towards the mass adoption of blockchain expertise.
One venture seeking to capitalize on these traits is CEEK VR (CEEK), a leisure and creator-focused platform aiming to make use of digital worlds to attach music artists, athletes and digital content material creators with their followers.
Information from Cointelegraph Markets Professional and TradingView exhibits that since buying and selling at a low of $0.289 on March 15, the worth of CEEK has gained 123% to hit a each day excessive of $0.646 on April 7 as its 24-hour buying and selling quantity spiked 178% to $90 million.
Three causes for the climbing worth of CEEK embody being featured within the reward lounge on the Grammy awards, deeper integration with the BNB Sensible Chain (BSC) and several other new cryptocurrency trade listings.
Main partnerships and a sales space on the Grammy’s
CEEK hosted a sales space within the reward lounge on the 2022 Grammy and this will likely have offered a brand new degree of publicity for the venture since various influencers and music followers would have visited the pop up.
Day2 #Grammys Reward Lounge – Presenters, performers and nominees expertise #VirtualReality Excited to convey extra #music #superstars into the #Metaverse #Ceek #virtualconcerts pic.twitter.com/cQPU4YRMUh
— Ceek (@CEEK) April 1, 2022
Internet hosting the sales space was made attainable via CEEK VR’s partnership with Common Music, which grants the protocol the rights to dwell performances for a lot of standard artists together with Woman Gaga, Bon Jovi, U2, Sting and Ziggy Marley.
The venture can also be partnered with Meta Oculus, Apple and Microsoft, that are three of the largest names engaged on the event of digital actuality (VR) expertise. In future, this partnership might develop entry to VR headsets past the protocol’s native CEEK VR headset.
Integration with BNB Sensible Chain
A second issue serving to entice extra consideration to CEEK has been its integration with the BNB Sensible Chain ecosystem and the latest addition of cross-chain help in late 2021.
CEEK initially launched on the Ethereum (ETH) community however the high-cost of conducting transactions on the community was hampering adoption, particularly when it comes to making micropayments for streaming content material utilization, monitoring and artist funds.
Meet the 4th batch of initiatives becoming a member of the #MVBIV Incubation Program!
Congrats and welcome to @StarSharks_SSS @OfficialPearDAO @gat_network @subdao_network @Cosmic_Guild @hashflownetwork & @CEEK pic.twitter.com/UhSebUPP1W
— BNB Chain (@BNBCHAIN) March 9, 2022
Since launching help for the BSC, CEEK has been chosen for the BNB Chain MBVIV Incubation Program which supplies the protocol with a sequence of incubation occasions, mentorship and group help.
New trade listings
A 3rd growth backing CEEK’s rally is new trade listings on Huobi International and KuCoin.
Huobi International Will Record $CEEK on April 8, 2022@HuobiGlobal #CEEK #Metaverse
https://t.co/LI1YjTJftw pic.twitter.com/fsjs2Jt0ye— Ceek (@CEEK) April 6, 2022
Whereas buying and selling for CEEK does not start till April 8 on each platforms, the bulletins have led to a spike in demand for the token as a result of customers are likely to accumulate tokens earlier than any important trade itemizing.
The views and opinions expressed listed here are solely these of the writer and don’t essentially mirror the views of Cointelegraph.com. Each funding and buying and selling transfer includes danger, it is best to conduct your individual analysis when making a choice.
