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Viberate (VIB) is a cryptocurrency and operates on the Ethereum platform. Viberate has a current supply of 200,000,000 with 199,995,000 in circulation. The last known price of Viberate is 0.06676691 USD and is up 1.29 over the last 24 hours. It is currently trading on 50 active market(s) with $778,740.96 traded over the last 24 hours. More information can be found at https://www.viberate.com/.
What is Viberate?
Viberate (VIB) stands out as a cryptocurrency token operating on the Ethereum platform, designed to revolutionize the live music industry. At its core, Viberate is a comprehensive platform that provides statistical data analytics for the music industry, collecting a wide array of information such as basic details, contact information, invoicing data, and demographic insights from its users.
The platform's primary mission is to connect musicians, fans, and event organizers within a crowdsourced live music ecosystem. This interconnected network facilitates seamless interactions and transactions, leveraging blockchain technology to ensure transparency and security. Musicians can showcase their profiles, fans can discover new artists, and event organizers can efficiently manage bookings and promotions.
Viberate's utility token, VIB, plays a crucial role within this ecosystem. It is used for various transactions, including booking fees, promotional activities, and rewarding contributors who enrich the platform with valuable data. By integrating blockchain technology, Viberate ensures that all transactions are secure, transparent, and immutable, fostering trust among all participants.
Additionally, Viberate's data analytics capabilities provide deep insights into the music industry, helping stakeholders make informed decisions. The platform's ability to aggregate and analyze vast amounts of data positions it as a valuable tool for understanding market trends, audience preferences, and performance metrics. This data-driven approach empowers artists and organizers to optimize their strategies and enhance their reach within the competitive music landscape.
What is the technology behind Viberate?
Viberate (VIB) is a fascinating blend of blockchain technology and music analytics, creating a unique ecosystem for musicians, fans, and event organizers. At its core, Viberate operates on the Ethereum blockchain, a decentralized platform that enables smart contracts and decentralized applications (dApps). This blockchain ensures that all transactions and data exchanges within the Viberate ecosystem are secure, transparent, and immutable.
The Ethereum blockchain, on which Viberate is built, uses a consensus mechanism called Proof of Stake (PoS). This mechanism is crucial in preventing attacks from bad actors. In PoS, validators are chosen to create new blocks and confirm transactions based on the number of tokens they hold and are willing to "stake" as collateral. This system makes it economically unfeasible for malicious entities to manipulate the blockchain, as they would need to control a significant portion of the total staked tokens, which is highly unlikely and prohibitively expensive.
Viberate leverages blockchain technology to offer a range of features that enhance the music industry. One of the standout features is its AI-powered search, which allows users to find artists, tracks, and playlists with remarkable precision. This AI-driven approach ensures that users can discover new music and artists that match their preferences, making the platform highly user-friendly and efficient.
In addition to AI-powered search, Viberate provides comprehensive artist analytics. These analytics gather and compare data from various sources, including social media platforms and streaming services. By doing so, Viberate offers valuable insights into an artist's performance, fan engagement, and overall popularity. This data is crucial for independent musicians looking to understand their audience and improve their promotional strategies.
Playlist insights are another significant aspect of Viberate's technology. By analyzing data from popular playlists, Viberate helps artists and music professionals understand trends and patterns in music consumption. This information can be used to tailor marketing efforts and increase the chances of getting featured on influential playlists, which can significantly boost an artist's visibility and reach.
Social media stats play a vital role in the Viberate ecosystem. The platform tracks and analyzes social media activity related to artists, providing a detailed overview of their online presence and fan interactions. This data helps artists and their teams make informed decisions about their social media strategies, ensuring they can effectively engage with their audience and grow their fan base.
Viberate also offers promotional tools and a dedicated music website, further supporting independent musicians in their careers. These tools enable artists to promote their music, connect with fans, and collaborate with other industry professionals. The music website serves as a central hub for all things related to an artist, providing a professional online presence that can attract new opportunities and partnerships.
By integrating blockchain technology with advanced analytics and AI-powered features, Viberate creates a comprehensive platform that addresses the needs of the modern music industry. This innovative approach not only enhances the experience for musicians and fans but also fosters a more transparent and secure ecosystem for all stakeholders involved.
What are the real-world applications of Viberate?
Viberate (VIB) is a cryptocurrency that integrates blockchain technology into the music industry, creating a decentralized ecosystem that connects musicians, booking agents, venues, and fans. This innovative approach allows for a seamless and transparent interaction among all stakeholders involved in live music events.
One of the standout features of Viberate is its comprehensive music analytics platform. This tool is highly valued by artists, bookers, talent buyers, A&Rs, and other industry professionals. It gathers and compares data from various social media platforms and streaming services, providing a holistic view of an artist's performance and reach. Additionally, Viberate covers over 64,000 radio stations, offering extensive insights that are crucial for making informed decisions in the music business.
The VIB token plays a central role within this ecosystem. It is used to reward community participants who contribute valuable data and insights. For instance, users can earn VIB tokens by adding new artists, venues, or events to the platform, or by updating existing information. This incentivizes active participation and ensures that the database remains current and comprehensive.
Moreover, VIB tokens facilitate transactions within the Viberate marketplace. Musicians can be paid in VIB for their performances, and booking agents can use the tokens to secure venues or artists. This not only streamlines the payment process but also reduces the need for intermediaries, making transactions faster and more cost-effective.
By leveraging blockchain technology, Viberate ensures that all transactions and data entries are transparent and immutable. This builds trust among users, as they can verify the authenticity of information and transactions on the platform. The decentralized nature of Viberate also means that no single entity has control over the data, promoting a fair and open environment for all participants.
In essence, Viberate transforms the way the music industry operates by providing a user-friendly interface and a robust set of tools for music analytics, while also creating a decentralized marketplace that benefits all stakeholders involved.
What key events have there been for Viberate?
Viberate (VIB) is a blockchain-based platform designed to connect musicians, fans, event organizers, and industry professionals within the live music industry. Operating on the Ethereum platform, Viberate utilizes its own cryptocurrency token, VIB, to facilitate various transactions and interactions within its ecosystem.
One of the earliest significant events for Viberate was its Initial Coin Offering (ICO) in September 2017. The ICO was notably successful, raising $10.7 million in under five minutes. This rapid fundraising highlighted the strong interest and potential within the blockchain and music industries for a platform like Viberate.
In 2018, Viberate expanded its platform by integrating with major social media platforms. This included a partnership with TikTok, which allowed artists to link their TikTok profiles to their Viberate profiles. This integration aimed to provide a more comprehensive view of an artist's online presence and engagement, enhancing the platform's value for musicians and industry professionals alike.
Another key development occurred in 2019 when Viberate partnered with UnitedMasters, a music distribution company. This collaboration enabled independent artists to distribute their music more effectively while leveraging Viberate's analytics and blockchain technology. The partnership was a strategic move to empower artists with more control over their music and data.
In 2020, Viberate introduced a new feature that allowed artists to mint Non-Fungible Tokens (NFTs) for live performances. This innovation aimed to revolutionize the live music industry by providing a new revenue stream for artists and creating unique digital collectibles for fans. The introduction of NFTs was a significant step in integrating blockchain technology with live music events.
Throughout its development, Viberate has received positive reviews from users in the music industry. The platform's ability to provide detailed analytics and insights into an artist's performance across various social media and streaming platforms has been particularly well-received. These features have made Viberate a valuable tool for artists looking to enhance their online presence and reach a broader audience.
Viberate's continuous addition of new features and strategic partnerships has solidified its position as a pioneering platform in the intersection of blockchain technology and the music industry. The platform's innovative approach to connecting various stakeholders in the live music ecosystem has garnered significant attention and support from both the blockchain and music communities.
Who are the founders of Viberate?
Viberate (VIB) stands out in the cryptocurrency space with its unique focus on the music industry. The masterminds behind this innovative platform are Matej Gregorcic, Vasja Veber, and Uros Umek.
Matej Gregorcic, a seasoned entrepreneur, has a background in digital marketing and business development. Vasja Veber, with his expertise in project management and strategic planning, played a crucial role in shaping the platform's vision. Uros Umek, a globally recognized DJ and music producer, brought invaluable industry insights to the table.
The trio began their journey in 2015, launching Viberate 1.0 in October 2016 and Viberate 2.0 in June 2017, which introduced the blockchain-based trading platform.
The live Viberate price today is $0.071326 USD with a 24-hour trading volume of $3,794,479 USD. We update our VIB to USD price in real-time. Viberate is down 0.65% in the last 24 hours. The current CoinMarketCap ranking is #1004, with a live market cap of $14,264,795 USD. It has a circulating supply of 199,995,000 VIB coins and the max. supply is not available.