Keek Social launches phase 1 of social wallet services

Executive Summary

• Keek Social Inc. has launched Phase 1 of its social wallet and user monetization services, enabling users to transact in multiple fiat currencies and store earnings.
• The wallet facilitates withdrawals in over 120 countries with payouts as fast as two days, significantly faster than industry competitors who typically offer weekly or monthly withdrawals.
• Users can earn revenue through tips, subscriptions, digital gifts, and a future AdShare network, with commissions based on engagement and view metrics.

Key Details

• Service Launch: Phase 1 of the Keek social wallet is now live.
• Functionality: The wallet acts as an e-wallet for collecting and storing earnings from various platform activities.
• Revenue Streams for Users:
  • Tips from other users.
  • Subscription revenues from paid channels.
  • Digital gifts.
  • Future AdShare network commissions (scheduled for December 2025).
• Withdrawal Capabilities:
  • Available in over 120 countries.
  • Supports dozens of local currencies.
  • Payout speed: As little as two days (compared to weekly/monthly on other platforms).
• AdShare Network Details:
  • Launch Date: December 2025.
  • Mechanism: AI-powered network recommends "post appropriate ads" for posts and livestreams.
  • Revenue Model: Keek earns cost-per-impression (CPM) revenue and shares it with users.
  • Commission Structure: Sliding scale dependent on engagement levels and number of views.
• Incentives and Rewards:
  • Users can receive advertising impressions and digital gifts as incentives.
  • Referral Program: Users earn 1,000 advertising "Fire credits" for each new user who registers via their referral link.

Notable Quotes

• "The Keek Social Wallet changes the social media game by providing influencers and regular users alike, a seamless path to monetization and a smooth flow of money right to their bank accounts," says Mark Itwaru, chairman and chief executive officer.