WHAT IS VIBERATE
Viberate is a crowdsourced live music ecosystem and a blockchain-based marketplace, where musicians are matched with booking agencies and event organizers.
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VISION
Our vision is to revolutionize the way musicians are presented and booked as well as to open the world of live music to anyone who wants to participate in it by decentralizing discovery and booking processes with the use of the blockchain technology.
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THE BIGGEST CURATED LIVE MUSIC DATABASE IN THE WORLD
Featuring more than 150,000 musicians, 2,000 booking agencies, 60,000 venues and 500,000 events.
The profiles are daily updated from a variety of social media and streaming channels, ticketing services and online artist calendars.
The profiles feature
- Official social media links
- User ratings
- Daily updated stats from all major social media and streaming channels, including fan growth, user engagement and fan geo distribution
- Recent content (audio, video, photos)
- Gig dates with ticket links
- Contact info
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A DECENTRALIZED COMMUNITY-BASED SERVICE, FUELED BY THE VIB TOKEN
Viberate has always been decentralized in its core. The database has always been open for public, so anyone could add new artists. We managed to build the database we have today with the help of over 50,000 contributors and we will always keep it open for anyone to take part in maintaining its relevance.
Such level of decentralization allows Viberate to be on top of rapidly moving trends in the music industry. Using the blockchain technology to crowdsource the curating process of the information in musician, venue and event profiles is the only reasonable and rational way to keep the database up to date and relevant.
Those 50,000 Viberate contributors didn’t get anything in return for their contributions. Now the blockchain technology allows us to reward them for their work with Vibes (VIB) from our bounty allocation.
The VIB represents the atomic unit of our crowdsourced concept, and the service’s growth and relevance depends on it.
The VIB will become a go-to currency for the music industry as a whole. Besides using the tokens on the Viberate platform, there will also be an array of smart contracts connected with music industry where VIBs will be used as a core currency.
One of our main purposes is investing into the growth of our service and rewarding community efforts with VIBs from our bounty pool.
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THE FIRST EVER BLOCKCHAIN-BASED LIVE MUSIC MARKETPLACE
With the database and communication channels in place, our platform enables the implementation of a live music marketplace on both, B2B (musician-event organizers) as well on B2C (ticketing, crowdfunding live performances) levels.
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TEAM
The team behind the project is a combination of experienced managers, event organizers, developers and cryptocurrency experts. View team members with their LinkedIn profiles here.
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MARKET
- According to a research conducted by CISAC and UNESCO, the music industry has an annual turnover of $250 billion USD.
- Live performances take up to one third of that amount.
- There are around 50 million music events taking place globally each year.
- While represented artists account for a small fraction of a percent, millions of smaller artists are unrepresented. Their fees range from less than $100 all the way to a couple thousand USD.
- The live music sector is growing rapidly, due to a technological development, which allows people to engage in music easier than before (it only takes a Mac and a YouTube tutorial to become a DJ).
An estimation, based on the above numbers predicts the addressable market of $35B per year in unrepresented artist fees.
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BUSINESS MODELS
The platform allows for the implementation of different business models in a B2B as well as in a B2C segment.
On a B2B segment, Viberate can act as a marketplace, targeted advertising platform, networking tool and a data analytics service. On a B2C segment, we will tap into the ticketing business.
- MUSICIAN BOOKING COMMISSION
- ADVERTISING REVENUE
- ACCESS TO PREMIUM INDUSTRY CONTACTS
- TICKETING
- 3RD PARTY INTEGRATIONS
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ICO AND VIB TOKENS DISTRIBUTION
One time VT emission is planned. VIB Tokens will be distributed in the following way
The funds raised by crowdfunding will be used for Viberate.com’s further development, marketing campaigns, sales and PR, legal expenses and international expansion.
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ICO INVESTMENT ALLOCATION
The funds raised by crowdfunding will be used for Viberate.com’s further development, marketing campaigns, sales and PR, legal expenses and international expansion.
We strive to deliver our features as comprehensive as possible, which is why we made product and technical development a priority of our operations. This decision is strongly reflected in our investment allocation strategy that is divided into two phases.
The development cap defines the maximum amount of funds, needed to accomplish the development goals, defined in our roadmap. A portion of the funds is also reserved for the initial marketing campaign of a smaller scale.
The marketing cap is intended to cover the cost of marketing, namely direct sales and the launch of a global PR and advertising campaign. With the service firmly in place, our main goal in the second phase is to spread the word about Viberate all over the world.
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DISCOUNTS
Early backers will be rewarded with a discount. The discount rate will drop with every week, starting with 12% and ending with 0% on the last week of the ICO
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EXCHANGES
VIB IS NOW LISTED ON:
LIVECOIN
HitBTC
BINANCE
BITTREX
UPBIT
OKEx
BANCOR
BUY VIB WITH CREDIT CARD:
CHECK OUT OUR MISSION WWW.VIBERATE.IO
GET IN CONTACT WITH THE TEAM ON OUR TELEGRAM
WANT TO EARN SOME VIB? CHECK OUT OUR REWARDING SYSTEM
CHECK OUT OUR SERVICE WWW.VIBERATE.COM
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Amazing project with a lot of potentials.
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