Viberate.io, a decentralized music database start-up, has incorporated cryptocurrencies in the live music industry. Now, event organizers and artists can be benefited from digital currency payment. Viberate.io is a crowdsourced global live music ecosystem. It has recently announced it ICO campaign, starting from September 5, 2017. The company aims to empower music artists to accept cryptocurrency payments from their event organizers. Also, due to platform’s massive database of musicians and artists, organizers are able to easily find and hire the right artists for their event. All transactions on the platform are backed by Vibe tokens, which will be offered in the upcoming ICO. Organizers can book musicians with Bitcoin, ETH and Vibe Tokens.
Viberate Database
The platform at present, holds a database of more than 12,000 artists of all scales, across all genres. Viberate is already having a fully functional platform at the moment, which artists can join by adding their profile or claiming an existing one. British superstar Robbie Williams had also claimed his profiles over Viberate.
Support for Viberate
European Commission selected Viberate as one of the eight Europe-based startups that can change the global music industry. In addition, Slovenian Ministry of Economic Development and Technology also supports this platform. Well-known experts like Bitcoin legend Charlie Shrem and Stanford professor/Pinterest’s Chief Scientist Dr. Jure Leskovec have been advising for Viberate’s development and operations.
About the ICO
Viberate has set the CAP of 200 million, out of which 120 million will be offered in the public crowdsale. The platform is expected to bring a unique opportunity for cryptocurrency communities and investors to purchase the Vibe tokens. The investment CAP lies in between $1 million and $12 million.
The funds generated in the ICO will be reserved on multi-sig wallet controlled by team council. The company has reserved 7 percent of the tokens for future partnerships. The base price of Vibe token has been set as $0.1 and investors would also be able to avail 12% starting bonus on the day of the launch.
To know more about Viverate.io and participate in its upcoming ICO, please visit https://www.viberate.io/