Viberate created a platform of live music, where users can search for the profiles of their favorite artists, browse various information, find out about the dates of the future tours, and buy tickets. However, Viberate is designed not only for users, but musicians will also profit from the activity on the platform. Event managers and organizers of live concerts will be able to order and pay the services of musicians immediately, so the Viberate base is quickly expanding.
Following their goal to list and map the entire global music industry, Viberate just added 50 thousand music venue profiles and more than 200 thousand event profiles to its crowdsourced database. Venues and events joined over 120 thousand musician profiles already online since spring. The developers hit yet another deadline, as venue profile launch was set before the company’s token crowdsale.
Beginning on 2017 September 5, they intend to raise $12M from selling Vibe tokens to fund further development.
Due to the Viberate team and the use of smart contracts, while signing the agreements, the innovative blockchain technologies will change the current state of affairs in the industry musical event organization.
The potential of the live music industry is enormous, and people will always strive to visit the concert of their favorite band and listen to the famous musician live. That is why the idea of the Viberate team to create a huge blockchain platform of the live artists, together with VIB token ecosystem, sounds very interesting and has a right to be brought to life.
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