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Viberate Secures $12 Million in ICO to Transform Music Industry

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by Aisha Farooq

2 hours ago


Viberate, a Slovenian startup, has made headlines by successfully raising $12 million during its Initial Coin Offering (ICO) on September 5, 2017. The company aims to revolutionize the live music industry through blockchain technology, enhancing artist visibility and ensuring fair compensation. According to analysts cited in the report, the outlook is promising.

О компании Viberate

Founded by Vasja Veber, Matej Gregorcic, and Uro Umek, Viberate is dedicated to creating solutions that empower artists and improve their financial outcomes. The substantial funding raised during the ICO is expected to significantly influence market dynamics, allowing the company to expand its offerings and reach within the industry.

Аналитические улучшения и поддержка сообщества

In addition to the financial boost, Viberate is committed to ongoing analytic enhancements, which will provide deeper insights into the live music ecosystem. The strong community backing further solidifies the company's position as a key player in the blockchain space, aiming to foster a more equitable environment for artists and fans alike.

In a related development, the Genie IPO has launched an airdrop for early community members, providing a unique opportunity to engage with venture capital through blockchain technology. For more details, see read more.

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