viberate

VIB

One of the areas where blockchain technology is expected to have a major impact is the music industry. To date, some blockchain projects have emerged that aim to solve the problems of the music industry. Although many of these have failed, there are still some that somehow continue to exist in the market.

Founder: Matej Gregorčič, founded in 2017

VIB coin is the token of the music data analysis platform Viberate. @Viberate

VIB is used as a payment method for rewarding users, tipping, booking and ticket purchases on the platform. VIB is an ERC-20 based token and is not mined. They are created using smart contracts based on Ethereum.

Although it was planned to use VIB coin as a payment method on the platform at the beginning of the project, the current version of Viberate seems to have cut all ties with VIB. The platform mentions credit card, PayPal or bank transfer as payment options. VIB is almost never mentioned anywhere on the platform. Viberate also emerged as a blockchain-based marketplace, but has moved away from it over time. In its current form, Viberate appears to be a centralized platform that has nothing to do with blockchain or cryptocurrency.

According to its website, Viberate has over 600,000 artists, over 6,000 festivals, over 300,000 playlists, and over 58 million tracks. Platform users can benefit from services such as artist analysis, track analysis, Spotify playlist analysis, and comparison.

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