Viberate, founded by Slovenians Vasja Veber, Matej Gregorcic, and Uroš Umek, raised $12 million during their ICO on September 5, 2017, focusing on blockchain solutions for live music.
Viberate’s blockchain approach in the music industry aims to enhance artist visibility and fair compensation, significantly impacting market dynamics with ongoing analytic enhancements and solid community support.
Viberate Launches Major Platform Enhancements for Artists
Viberate has announced significant enhancements to its blockchain-based music analytics platform. These upgrades are aimed at improving artist discovery and providing more comprehensive data analytics. Led by founders from Slovenia, Viberate seeks to offer transparency in the live music industry.
The project is a brainchild of Vasja Veber, Matej Gregorcic, and Uroš Umek. Actions taken include platform upgrades to enhance data transparency. The aim is to decentralize music talent discovery using blockchain technology for effective results. As Veber stated, "Our mission is to make music data accessible to everyone — blockchain helps us achieve trustless transparency for all stakeholders.”
Analysts Predict Growth in Platform Adoption
Recent upgrades in Viberate's analytics platform have sparked interest from tech industry observers. The platform's focus on greater transparency is seen as a positive development for both artists and music clients seeking actionable data insights.
Analysts predict outcomes may include increased adoption among artists and industry players. With historical trends of blockchain tech showing promise in various sectors, Viberate could emerge as a leader in decentralizing music industry analytics. Historical trends suggest innovative industry shifts.
Viberate's Approach Aligned with Blockchain Trends
Viberate's approach mimics trends such as Audius and Opus, which similarly aimed to revolutionize music analytics using blockchain. As in previous years, blockchain's integration in music tech seeks to overcome challenges of compensation and transparency.
Experts from Kanalcoin highlight optimistic projections with the use of data-driven insights. The potential outcomes include democratized access to music analytics, allowing more industry participants to leverage blockchain's transparent benefits. Continued alignment with blockchain trends underlines these insights.