Viberate (VIB Coin) price? Important information about his future and project BitCoin price Prediction – Review and Chart 2022
Viberate (VIB Price Prediction 2024
Viberate (VIB It is among the crypto coins traded on stock exchanges. Viberate (VIB comments and analysis, which are carefully followed by stock market investors, attract great attention. You can follow us and benefit from the information here.
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Viberate (VIB Coin ), one of the oldest blockchain-based projects in the crypto money market that aims to radically change the music industry, has become one of the cryptocurrencies that investors are curious about. You can find detailed information about VIB Coin from this content.
Founder and year of establishment: Matej Gregorcic and Vasja Veber / 2014
Blockchain: Ethereum
Total supply: 200 million units
Circulating supply: 196 million units
Market cap:< /strong> $8 million (February 11, 2022)
Lowest price: $0.006209
Highest price: $0.75
< strong>The purpose of the project: To provide more independent and decentralized solutions to the music industry, to bring together artists, organizers and companies.
Use: Music industry
the Viberate project?
Viberate is an Ethereum-based decentralized project that caters to the music industry. It connects artists, fans, talent agencies and event organizers on the same platform.
At the same time, smaller artists struggle to gain recognition and connect with venues that want their work. Viberate brought this project to life, believing that it needed to break the monopoly in the industry and become completely decentralized.
Viberate is both a business-to-business (B2B) and a business-to-customer (B2C) marketplace. It aims to integrate different segments of the live music industry. The overall business model can be complex to understand because it is multifaceted, but it stands out as a solid project in terms of structure.
It focuses on ticket sales and crowdfunding in the part from businesses to customers. This space will sell tickets for live events, including concerts and festivals, in the business-to-consumer market. For this particular revenue stream, Viberate has partnered with various online booking agents such as Ticketmaster on an affiliate basis. In the future, Viberate crypto plans to offer its own ticketing service – Digital Ticket Exchange (DTX). Consumers will purchase event tickets directly using cryptocurrencies and have the ticket sent as a token to their ERC20-based crypto wallet.
It will also include a reseller function so that tickets can be resold if the original buyer is unable to attend.
The Viberate platform has an important database in the industry. Viberate focused on artists, events/concerts and concert venues as a target in the project.
All users of the system (businesses and consumers) can win prizes from the VIB prize pool. Rewards are allocated based on activities such as signing up for the service, inviting friends, maintaining and curating the database. The latter is subject to verification by the team.
VIB Coin ?
VIB tokens are ERC20 based tokens and are not mined. They are created using smart contracts based on Ethereum. The total supply of VIB Coin is 200 million, while its circulating supply is 196 million. 60% of tokens were sold in ICO to fund project development. 16% was allocated to the project team. 4% is allocated to angels and early investors. 5% is in the prize pool.
VIB Coin future?
Pre-ICO, Viberate was an existing company with an active user base that had already received investment from various sources.
In mid-2017, Viberate 2.0 was launched, following the second round of venture financing worth $440,000. It was a music database of all genres with over 120,000 entries, including social media profile data and analytics and live event booking information. It received a total investment of more than $10 million in 2017.
Matej Gregorcic, co-founder and CEO of Viberate, said “As for AirBnb’s vacation rentals, one of our main goals is always for artists. has been to create an online marketplace. We were planning to launch the feature right after the ICO, but the bear market has forced us to focus more on upgrading our core product, in-depth analytics. That doesn’t change our vision – once our online community really starts to evolve with the help of analytics, we can launch a marketplace.” The CEO is confident that their project will revolutionize the music industry, while saying that they are currently focusing on the NFT side.
Where and how to buy VIB Coin ?
VIB Coin , the token of the Viberate project, will be released by Binance, Binance. OKX can be bought and sold on major exchanges such as WzirX.
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