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Price
$0.0796
9/29/2022, 5:29:26 PM
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Market

Market stats

Market cap

$15.9M

Volume (24h)

$8.0M

Circulating supply

199.6M VIB

All time high

$0.75

Price change (1h)

-0.22%

Price change (24h)

-5.96%

Price change (7d)

-20.54%

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Viberate is on the decline this week.

The price of Viberate has fallen by 20.54% in the past 7 days. The price declined by 5.96% in the last 24 hours. In just the past hour, the price shrunk by 0.22%. The current price is $0.079594 per VIB. Viberate is 89.39% below the all time high of $0.75.

The current circulating supply is 199,635,000 VIB.

About

What Is Viberate (VIB)?

Viberate (VIB) is a crowdsourced live music ecosystem powered by the Ethereum platform. According to its whitepaper, Viberate functions using a blockchain-based protocol and has contributed to developing a marketplace where anyone can participate. The Viberate platform unites the entire live music ecosystem under one roof, allowing a larger opportunity for both creators and listeners. 

According to its website, the mission of the network is to provide an equal opportunity to every musician on the planet to showcase their talent. Th network aims to revolutionize the way musicians are represented worldwide, so that it can open up the world of live music to all who want to participate and build a career in music. Further, musicians can materialize this approach by decentralizing discovery and booking methodologies using blockchain technology, thus allowing the Viberate network to create a platform that can represent talents from worldwide in a single marketplace. 

In addition, the Viberate platform seeks to solve decades-old problems live performers face; getting demand, negotiating terms, determining their value, managing agreements, and getting paid. These problems are solved by employing smart contracts that allow musicians to showcase their talent on the platform and determine the price at which they want to sell their music. Further, to support this overall operation of the network, the platform introduced its cryptocurrency, the VIB token. 

The VIB is the native token of the Viberate ecosystem developed using Ethereum blockchain technology represented as an ERC20 standard token. The token fulfills many different utilities with the Viberate ecosystem, including:

  • Used for participating on the platform  

  • Used to pay transactions and gas fees of the platform

  • Used to purchase music from the platform

  • Used for marketing and further development of the platform

These utilities of the token have helped develop a sound operational structure within the platform's ecosystem. 

History of Viberate (VIB)

Matej Gregorcic (CEOr), Vasja Veber (COO), and Uros Umek are the co-founders of the Viberate ecosystem. The platform was launched on December 9, 2015. The platform's token has a total supply of 200,000,000 VIB. The Initial Coin Offering (ICO) of the VIB token took place on September 5, 2017.

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FAQ

What is the current price of Viberate?

The price of 1 Viberate currently costs $0.0796.

What is the market cap of Viberate?

The current market cap of Viberate is $15.89M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Viberate?

The all-time high of Viberate is $0.75. This all-time high is highest price paid for Viberate since it was launched.

What is the 24 hour trading volume of Viberate?

Over the last 24 hours, the trading volume of Viberate is $7.96M.

What other assets are similar to Viberate?

Assets that have a similar market cap to Viberate include DAD, Vectorspace AI, Wabi, and many others. To see a full list, see our comparable market cap assets.

How many Viberate are there?

The current circulating supply of Viberate is 200 million.

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