Viberate is a platform that connects the whole of live music ecosystem in one convenient place. On this live platform, profiles of musicians and music groups are ranked on the basis of their online popularity. The popularity of a music group is measured by their social media stats updated daily on various social media channels, the content created recently, gig dates and contacts.
Viberate stands apart from others as it is a totally user-generated platform where anyone can add new profiles or curate existing ones. The platform now makes use of the blockchain technology to allow musicians and reward contributors. Musicians, especially the budding artists, can make use of Viberate as their personal booking agent. VIB is the abbreviation for the token associated with Viberate.
Viberate wants to make use of its Ethereum-powered platform to create a marketplace for industry associated with live music. It can be used for contracting musicians and selling tickets for events that will be performed live. This can be achieved by using the Smart Contracts technology. Many small and budding artists and performers are denied the chance to showcase their talents on a popular platform primarily because they cannot afford the cost of hiring large booking agencies. Without the support of any agency representation, they are forced to spend their time on routine administrative tasks that eat into their creative time.
Viberate is not just for artists and musicians. Even event organizers can use the platform to discover talents that can fill their lineup like a professional. They are spared the hassle of constantly hunting for talented artists and musicians to perform alongside big names. When they choose artists from Viberate, they can be sure of the quality of talent. Importantly, they won’t have to deal with poor performances and no-shows. The marketplace will be serving key groups like musicians, venues, events, organizers, and fans.
The VIB token that Viberate will create will serve several functions. 5 percent of the coins will be used for incentivizing the contribution of the user. Those creating new profiles or updating existing ones will be appropriately awarded VIB tokens. Smart contracts will allow organizer and the artists to negotiate multiple payment options. When artists are booked from here, Viberate will collect a specific service fee. The tokens will also be used for purchasing tickets and merchandize.
The total number of VIB supplied is 200,000,000 of which 160,966,468 VIB are in circulation. The market cap of VIB is $29,171,792. The currency is being traded at $0.1812.
Dash is a new breed of cryptocurrency, which is a promising alternative coin (also called altcoin) to Bitcoin. In this article, we’ll deal with a br
Sia is a popular decentralized peer-to-peer network that is dedicated to buying and selling of computer storage space.
Mark Cuban June-05-2018
On 29th April 2018, UNICEF Australia proclaimed an initiative which allows a user to hand over his o
There was a time when 10,000 BTC coins would buy 2 pizzas. This was around 8 years back. Now, one
In its past reports, CCN made a note that the 8,200 USD resistance level seems to be a crucial st
Tony Scott May-16-2018
In a meeting with CNBC this Monday, i.e. 14th May, a top-rated policymaker of the US spoke in sup
Jeremy Liew May-08-2018
Sergey Brin, the co-founder of Google says Ethereum mining has assumed an important part in the curr
Tony Scott May-07-2018
The Bitcoin blockchain left its mark in April with the 17 millionth Bitcoin being mined. In case you
Tony Scott May-05-2018
Bitcoin and Ethereum are two world-renowned cryptocurrencies that have led the crypto market and sur
Jeremy Liew May-04-2018
Today, digital currencies are doing kind of things that investors and Wall Street have never seen be
After long, the world’s most popular cryptocurrency, Bitcoin seems to come back. The &lsquo