Viberate (VIB) ICO is complete
A decentralized live music marketplace
“Currently we’re like IMDB for music, because our musician profiles feature everything that matters in a musician’s career. But soon we will upgrade Viberate with booking services, allowing musicians to sell gigs to event organizers and charge in cryptocurrencies. Picture Airbnb for musicians, only that the payments are made in Bitcoins or our own Vibes.” – Viberate
Viberate ICO information:
Token Supply: 200,000,000 (120,000,000 offered on token crowdsale)
ICO Start Date: September 5
ICO End Date: October 4
Connect with Viberate: [icon name=”twitter” class=”” unprefixed_class=””] | [icon name=”facebook” class=”” unprefixed_class=””]
[icon name=”globe” class=”” unprefixed_class=””] https://www.viberate.io/
[icon name=”file-text-o” class=”” unprefixed_class=””] whitepaper (pdf)
Viberate ICO is Complete. Max Cap Raised.
Interview with Viberate
BitcoinChaser: What kind of problem, market deficiency or opportunity inspired you to launch your project?
Viberate: We’ve been working in the music industry for the past 15 years as managers and event organizers. One of the co-founders is also a world-famous techno DJ UMEK. We noticed that it’s impossible to stay on top of trends because new stars emerge every day and there are more musicians nowadays than ever before. So we said we need to make a move and create a service that will allow us to follow trends.
BC: How will your project address this opportunity in a unique way?
VIB: We measure online popularity for over 120 thousand musicians and soon we’ll add venues to the database. This, in combination with geo and genre filters, allows anyone to easily explore the world of live music, find up and coming stars and later even book them for their event. Currently we’re like IMDB for music, because our musician profiles feature everything that matters in a musician’s career. But soon we will upgrade Viberate with booking services, allowing musicians to sell gigs to event organizers and charge in cryptocurrencies. Picture Airbnb for musicians, only that the payments are made in Bitcoins or our own Vibes.
BC: How do you think that competition will develop following your ICO?
VIB: There are a couple of services on the blockchain, who are solving issues in the music industry, but they all focus only on the recorded music segment. Right now, we’re the only service, focusing on the live music segment. In other words – they help musicians make money by monetizing their tracks, while we’ll help them get more gigs. And gigs are the primary source of a musician’s career, so we’re tapping into a 35 billion dollar market.
There are projects that attempt to connect the crypto-currency markets with real-estate markets, however the conditions are much worse for the investors, because the projects are independent and require a large percentage of funds to be invested in marketing and developer profits. Xaurum Gamma builds on cooperation, and can use a great majority of the collected capital exclusively for construction. All of the collected funds (5480000 €) will be used to construct the first crypto smart-street, except for a 150 000 €, used for marketing and contingencies.
BC: For all those who have read your white paper and are still on the fence about contributing toyour ICO, what can you tell them that could lead them to buy into your project?
VIB: Unlike many other projects, our service actually exists and has a strong community of users. Viberate is also used by superstar musicians, such as Robbie Williams and Noisia and the service is growing rapidly on a daily basis, because people are adding new musicians into our database constantly and more with every day. We also have strong institutional support: European Commission chose us as one of eight European startups that will disrupt the global music market and we also have a written endorsement letter from the Minister of Economic Development and Technology of Slovenia. The founders are experienced managers and skilled team leaders with a broad network in the music industry.