Viberate (VIB) operates as a decentralized artist ecosystem and marketplace. The network leverages blockchain technology to provide entertainers and other industry professionals with a variety of helpful features and services. Anyone can see up-to-date ratings and statistics on artists, venues, festivals, and other music-related events using the platform.
What Problems Does Viberate (VIB) Attempt to Fix?
The developers envision a day in the near future where Viberate (VIB) functions as a critical part of the music industry’s structure. They examined the main issues facing the industry and configured decentralized solutions. Today, Viberate helps to streamline the core actions of artists, labels, and event organizers.
Lack of Transparency
It’s no secret that the music industry can be a competitive and stressful sector. The recent explosion of digital services has left the market in the midst of a reshuffle. Artists now demand their fair share of the streaming profits. However, they have little resources to see the full extent of the usage of their product. This lack of transparency has led artists to seek out better alternatives in the market.
Viberate (VIB) offers a straightforward alternative to the status quo. Artists can see more profits and bookings using Viberate. They may showcase their creations and explore a variety of new blockchain-based business opportunities as well. Artists can host live concerts, events, and both in-person and digital social events.
Inefficiencies in the Artist Discovery Process
The Viberate (VIB) system monitors a massive amount of data. As such, you can always find the hottest artist using the statistics features. For example, the protocol monitors 24,000+ radio stations across 150 countries worldwide. You can search through this data to see the actual radio spins for an artist. The platform even enables you to break down these stats based on city and country as well.
Industry Professionals can use Viberate’s toolset to track the performance of their artists or competitors. Notably, Viberate is capable of simultaneously tracking artist stats across a huge selection of platforms and mediums including Spotify, YouTube, Beatport, SoundCloud, Instagram, and Radio Airplay. This reduces the workload for those monitoring these networks.
What Benefits Does Viberate (VIB) Bring to the Market?
Viberate (VIB) brings a variety of benefits to the market that are not available on competitive platforms. For one, the network leverages blockchain tech to create a direct peer-to-peer music marketplace that eliminates the middlemen from the equation. This strategy provides organizers with the ability to book artists and sell tickets without the use of a third party. In the end, this saves time and money for all parties involved. It also drives artist profits higher as they are more accessible to those seeking their services.
All-Inclusive
Another major benefit of Viberate (VIB) is its collection of services. Everything about the platform is geared towards the music scene. Users can book flights, accommodations, and other travel products such as tickets for their favorite performers. You can also see actual reviews of each venue to help you determine if the location meets your criteria. This insight can help transform a music festival trip or event into an epic adventure.
Stay in the Loop
In the past, it was difficult for industry professionals to stay up to date on the true market penetration an artist held. These processes have continually gotten more difficult due to the expansion of platforms providing streaming services. The Viberate (VIB) dashboard enables you to monitor all of your favorite artists with the click of a button.
You gain instant access to a plethora of data that covers all major music platforms. You can then combine this data with additional metrics to gain an accurate overview of the market. Stay ahead of the market trends and find talented artists with growing fan bases.
How Does Viberate (VIB) Work
Viberate (VIB) operates on the Ethereum blockchain. It features an easy-to-navigate interface that enables anyone to sort, compare, and review artists and venue ratings. Users can also compare two artists side by side to get a better perspective. The system lists a plethora of detail including a number of listeners, followers, plays, and streams.
Viberate introduces a career health metric that provides users with a quick way to compare acts. The software leverages powerful analytics that breaks down audiences into age, gender, and country. Industry professionals can use this data to create more engaging fan interactions.
VIB
VIB Is the utility token of the Viberate network. This token is how users interact with the features of the network. There is a circulating supply of 180 million VIB coins out of a total supply of 200 million tokens. Notably, VIB is an ERC-20 token that lives on the Ethereum blockchain.
NFT Support
Viberate (VIB) helps artists issue and manage NFTs (non-fungible tokens). Artists can use these digital assets in a variety of ways within the Viberate ecosystem. Musicians can use NFTs for special artwork, tracks, concert tickets, and other memorabilia. NFTs enable artists to connect with fans in new and exciting ways that were previously not possible.
Using Viberate (VIB)
Viberate offers three levels based on your data requirements. The Lite option feature is available at no cost at the moment. This feel enables you to see an overview of artists and access basic filtering options. The premium service provides a lot more analytics. It has a €49 a month fee, but there is a 30-day free trial. The enterprise option includes strategy workshops, a dedicated account manager, and customized data reports catered to your needs.
Summary
Viberate (VIB) offers the music industry a more efficient and accurate means to monitor artists, trends, and venues. In the past, gathering all of this information would require a huge time commitment. Viberate provides these services and a marketplace for musicians and industry professionals to connect and build their careers.
