Review on Viberate by David Olayide
Viberate Just Might Revolutionize The Live Music Industry.
Viberate is on a whole new level of cryptocurrencies and the vast possibilities of applications available in the crypto world. For one thing, Viberate is different from other projects. Viberate (VIB) operates on the Ethereum network. You might be wondering just how different VIB is from other cryptocurrencies. Well, for one thing, Viberate is a decentralized music platform,, built on the blockchain. The project aims to revolutionize the live music industry, and provide musicians with a market place.
On Viberate you find rankings of musicians, profiles of events and their locations, as well as booking agencies. I can say that it provides a sort of ecosystem for those in the music industry. You can easily compare Viberate to a digital event organizer. You can book your tickets to any events you want to attend and also get information on the venue.
The project has a huge database of over 300,000 musicians along with agencies, and thousands of venues too. VIB token serves as the fuel to the platform. You will be rewarded for engaging the platform by referring friends, writing content and other stuff. Music streaming services are also available. I particularly like the fact that Viberate has succeeded in actually creating a decentralized marketplace for the music industry.
You can buy VIB on exchanges like Bittrex, Binance and HitBTC which are some of the more popular cryptocurrecy exchange platforms available today. You can store your VIB tokens on ERC 20 wallets since the token is Ethereum based. Viberate is truly unique and has real potentials for expansion. There is no valid competition for now, so Viberate is on free grounds. Even though the token is not so popular and has a low trading volume, because of it’s newness, I expect that it will still grow to be profitable for investments.
Pros
- VIB token is ERC20 compliant
- Viberate provides a sort of ecosystem for musicians and also a market place with opportunities for everyone in the industry.
- You can book events and venues, get access to artist rankings and agencies for live music events
- VIB is traded on HitBTC, Binance and other exchanges too.
- For now there is no competition against Viberate which is a good thing.
Cons
- The VIB token is relatively new and so it has little influence on the global market. However I expect that the token will grow with time.
