Viberate, a decentralized music platform, was founded in 2017 and is currently showing no significant updates or leadership changes, which may negatively impact its competitiveness.
Overview of Viberate
Viberate was co-founded by Andrej Plankar, Tomislav Mučič, and Tanja Bivic. The project aims to leverage blockchain technology to support musicians and create changes in the live music industry. Since its launch in 2017, no new developments have been documented.
Current Stability of the VIB Token
The VIB token remains stable at $0.09146 with no notable financial or strategic shifts. Community engagement and development are currently absent, indicating a prolonged period of stability and low volatility unless new strategies are introduced.
Need for Changes for Innovative Development
Initially successful during its ICO, the project has since shown minimal market innovation and engagement. Tanja Bivic, co-founder of Viberate, noted: 'The ecosystem has seen stable operation but stagnant innovation and little development since its 2017 ICO.' Future predictions require strategic interventions or new partnerships for revitalization.
Viberate continues to remain in a stable but static state, highlighting the need for innovations and an active strategy to maintain its position in the music technology market.
