1. What is Geek Protocol?
“ Provide a sustainable instrument for social-financial web 3.0 program, power the vitality of the future blockchain economy.”
The Geek Protocol consists of multi-functional Dapps and architectures that work together to build a robust ecosystem that makes it simple for new investors and traders to use decentralized finance in the blockchain.
We at Geek Protocol are willing to take that risk, to reach out to new people, and to convert knowledge and information to them. To that end, we design products that blend the real world with blockchain technology so that our customers can expect the unexpected when entering this future market.
2. Geek Network:
2.1 – GEEK Chain:
GeekChain is a decentralized proof of transaction and delegated proof of stake (DPoTS) consensus protocol that is designed to allow users to mine GEEK coins while they execute a series of DeFi and NFT transactions on the protocol. GeekChain brings simplicity and ease of use to the developing DeFi market, which in its current state remains hamstrung by exorbitant network fees and transaction times.
2.2 – DeFi:
2.3 – Social-Fi with Gamified Learning Program:
2.3.1 – Geek University:
At Geek University, we have every article covering a variety of crypto-related topics.
We recognize that newcomers to this profession frequently experience discouragement. Our guides are specifically designed for anyone interested in learning about crypto, blockchain, and the web3 business. Here you may get market analysis, lessons, and even altcoin comparisons.
2.3.2 – Geek Gamified Learning:
Geek Protocol combine this rapidly growing Play to Earn concept with crypto knowledge, and you could have a massive opportunity for new Quiz to Earn approaches to transform both EdTech and Blockchain sectors. GeekQuizz is a revolutionary quiz-to-earn game that resides on the BSC chain. GeekQuizz rewards members with GGOLD when they attempt the quiz game.
3. Products of Geek Protocol:
GeekQuizz is the first DApp of Geek Protocol, we localize it geographically. GeekQuizz Combine this rapidly growing Play to Earn concept with crypto knowledge, and you could have a massive opportunity for new Quiz to Earn approaches to transform both EdTech and Blockchain sectors. GeekQuizz is a revolutionary quiz-to-earn game that resides on the BSC chain. GeekQuizz rewards members with $GEEK tokens when they attempt the quiz game. All quizzes are related to crypto and blockchain. With this, GeekQuizz seeks to spread awareness among the members about crypto technology, new developments in crypto, and the latest trends in crypto.
Not only that, GeekQuizz provides users with the miniaturization of blockchain. You can become a blockchain miner without too many complicated procedures, based on the proof of work concept, all you need is only effort and time. GeekQuizz also allows you to earn extra income based on interactions and referrals, users can make money from referring new users.
Users can participate in quiz & other activities in the future to earn GeekGold, and it will be unlocked into GEEK token when certain milestones is achieved. Then at user’s sole discretion, GEEK will be the medium for the actual off ramp into stable-coin. There is a custodian wallet for user’s in-app earnings, none of GeekGold can be transferable out of this in-app wallet. GEEK, the accounting unit and GeekGold, the exchange unit for off-ramp, GeekGold have NO intrinsic value outside of QuizzGeek or other Geek ecosystem Dapp in the future.
Majority of our users are first time web3 users, you can find them using mostly only Facebook, WhatsApp and TikTok. To get them in touch with web3, we are working closely with BNBChain with its robust DeFi infrastructure to supercharge our web3 adoption. In the in-app experience, GeekGold can be off-ramp into GEEK in app.
4. Geek Protocol Highlight
-> A rapidly growing community portal to showcase web3: Geek is building a user-facing suite of products with compelling offers and gamified experiences for new users.
-> Innovative Educational Methods: An In-App Gamified Learning Experience & Geek University provides a visual flowchart for educating web3 users. Geek Protocol will continue to launch more educational initiatives to promote widespread use by users.
->Social Expansion: the establishment of a highly connected group through social referrals. By sharing, users can create and monetize new web3 developing models.
-> Integrated solutions for businesses: Connected plans to provide seamless web3 integration solutions for businesses with integrated infrastructure.
5. $GEEK token and GGOLD
- GEEK is the governance token of the whole protocol.
- GGOLD is the ingame cash that can be converted to NFTs and level up your game.
The globally transferable token for Geek Protocol is GEEK. It will be listed on Pancakeswap in the coming December. GEEK is the only global pass for all community members to participate in various economic activities around the Geek ecosystem. As our ecosystem and user base grow, the platform will be generating more revenue streams from user attention, and so will the functionalities and perks associated with $GEEK. We are quite optimistic about the future expansion plan and the vibrancy of GEEK network. More use cases & products will be released continuously in the next few months, building on top of $GEEK & Geek Protocol.
Majority of our users are first time web3 users, you can find them using mostly only Facebook, WhatsApp and TikTok. To get them in touch with web3, we are working closely with BNBChain with its robust DeFi infrastructure to supercharge our web3 adoption. In the in-app experience, GGold can be off-ramp into GEEK in app.
The system & Pancake pool is not designed for speculative trading purposes on GGold. We expect to see more GGold get minted as more and more users participate in GeekQuizz. Please DO YOU OWN RESEARCH on any speculative decision.
6. Roadmap and Milestone
7. Token distribution
Organization: Geek Protocol
Contact Person: Media Contact
Country: United Kingdom
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Economy Extra journalist was involved in the writing and production of this article.