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About Viberate (VIB)
Viberate is an Ethereum-powered decentralized ecosystem dedicated to live music, coupled with a blockchain-driven trading platform housing its distinct token known as VIB. Within this ecosystem, tour contracting agencies and event organizers have the authority to handpick musicians.
Viberate operates as a meticulously arranged database, captivating its users and artists. Users gain access to musician profiles, ticket purchasing options, concert schedules, and vital updates from the music domain. Concurrently, event organizers can efficiently discover and enlist performers while musicians experience a steady stream of performance opportunities.
Key Features of Viberate
- Data insights and analytics: Viberate’s data repository equips users across its platform with invaluable insights for astute decision-making. For instance, music analytics strategically empowers artists to place their tracks on pertinent radio stations and playlists. Managers can gauge the effectiveness of promotional campaigns and monitor their artist rosters. Talent agencies benefit from expedited talent scouting. Robust analytics efficiently conserve time and resources.
- Artist comparison: Viberate comprehensively tracks key music and social platforms (Spotify, Beatport, YouTube, Instagram, etc.), encompassing a global roster of artists. The platform diligently ranks, scrutinizes, and refreshes this data on a daily basis. Consequently, users can access a wealth of information for comparing a diverse array of artists on local and international scales.
- Interactive charts: Viberate grants users access to impartial, frequently updated charts that evaluate the standing of labels, festivals, tracks, playlists, and artists worldwide. These charts provide a comprehensive perspective on the music landscape.
What are the advantages of Viberate (VIB)?
- Decentralized music hub: Viberate is a decentralized haven that brings together all facets of the music industry, fostering collaboration and interaction among artists, event organizers, talent scouts, and fans. This unified ecosystem capitalizes on blockchain technology’s transparency and security to create a thriving space for music-related activities.
- Inclusive ecosystem: Viberate’s ecosystem is designed to cater to all stakeholders in the music realm. Whether you’re an artist seeking exposure, a manager looking to optimize strategies, or a music enthusiast scouting for events, the platform offers a comprehensive space for everyone to connect and achieve their respective goals.
What are the disadvantages of Viberate (VIB)?
- Limited features in the Lite option: While Viberate offers a range of tools and features, the Lite option comes with fewer instruments for users to utilize. This could be a drawback for those seeking a more comprehensive toolkit, potentially limiting their capabilities within the platform.
- VIB Token is relatively new: While integral to Viberate’s operations, the VIB token is relatively new in the broader market. This might influence its immediate impact on the global financial landscape. Like any emerging token, its influence might take time to mature and become more pronounced within the larger cryptocurrency ecosystem.
Let’s quickly see how you can buy VIB tokens in India in 2023.
How to Choose a Good Crypto Exchange in India?
You need to do thorough research when using a crypto exchange to invest or for crypto trading in India. You must research the legitimacy of the platform and the credibility of the team behind it before deciding on an exchange to invest in Viberate (VIB) crypto in India.
You should also ensure the platform provides the following before investing in a VIB token:
- The exchange’s website/app has a simple user interface and is easy to use.
- The exchange supports Viberate (VIB) trading pairs.
- The exchange employs state-of-the-art security measures and does not compromise when it comes to regularly upgrading it. Try to avoid exchanges that do not have a KYC protocol in place.
- The exchange offers reasonable trading fees to buy crypto in India.
So, here’s how you can buy VIB in India in 5 easy steps.
Buying VIB in India in 5 Easy Steps
Below are a few simple steps you can follow and buy the VIB tokens in India with WazirX, India’s most trusted and widely used crypto exchange.
The best way to buy VIB tokens is by depositing INR in your WazirX wallet. Alternatively, you can also buy VIB using P2P trade; to get answers to all your queries related to the P2P trade, click here!
Step 1 – Sign-Up on the WazirX platform
To begin buying and selling VIB, you are required to create an account on the WazirX platform by signing up. Also, you can directly login if you have an account already on the platform.
For your reference, here’s how you can open an account on WazirX.
Step 2 – Set up your account security by verifying your email address.
This step is about verifying your email address. After you sign up on the WazirX platform, you’ll get a verification link on your registered email. By clicking on that link, you’ll get two options to ensure the security of your account – the authenticator app and mobile SMS.
Note: The authenticator app is a more secure way to stay safe when compared to mobile SMS because there’s a risk of delayed reception or SIM card hacking.
Step 3 – Complete the KYC process.
After choosing your country, you can proceed with completing the KYC process. Click here for a detailed overview.
Note: You must complete your KYC to be able to trade P2P or withdraw funds on the WazirX app.
Step 4 – Add funds to your WazirX wallet.
To add funds, simply go to your account on the WazirX app or web. Click on “Funds” and then on “Deposit INR.”
You can deposit INR using any mode (NEFT/ RTGS/ IMPS).
You can also buy USDT through P2P to the WazirX wallet. The USDT will act as funds to help you buy your favorite Cryptos.
Step 5 – Finally, buy VIB on WazirX.
You can now easily purchase VIB tokens using INR Deposits. In the case of P2P trade, check the VIB to INR rate from here and VIB to USDT here.
After logging in to your WazirX account, you can choose INR from the “Exchange” tab. You can also check all the price charts, order book data, and an order input form on the right side of the screen.
Click “Buy” after entering the amount and checking the total INR amount to be paid.
Your order will be placed according to the price you have input. And, in the case of P2P trade, a seller willing to sell at a price will be notified, and then you can exchange the tokens using P2P.
It might take a few minutes for the order to be completed, but as soon as it is executed, you will receive the VIB Coins you purchased in your WazirX wallet.
Happy Trading!
Disclaimer: Cryptocurrency is not a legal tender and is currently unregulated. Kindly ensure that you undertake sufficient risk assessment when trading cryptocurrencies as they are often subject to high price volatility. The information provided in this section doesn't represent any investment advice or WazirX's official position. WazirX reserves the right in its sole discretion to amend or change this blog post at any time and for any reasons without prior notice.