As you can see from the banner to the left, the Viberate ICO opened today and the Viberate ICO Closes in less than five minutes surprising many.
Viberate is a decentralized music talent marketplace where any musician can sell gigs and get paid in cryptocurrencies. It features over 100 thousand profiles of musicians from all genres, ranked by social media popularity.
Viberate’s Vision
“Our vision is to revolutionize the way musicians are presented and booked as well as to open the world of live music to anyone who wants to participate in it by decentralizing discovery and booking processes with the use of the blockchain technology.”
Viberate ICO Closes – Crowdsale Notes
The Viberate ICO closes in just four minutes and forty-two seconds to be exact. They hit their hard cap of 38,000 ETH and all 120,000,000 Viber coins were sold.
I talked with the COO of the company Vasja Veber moments after the sale and asked him if he was expecting this kind of support from the community and if he was surprised by the lightning fast sale.
Vasja said, “We were expecting to sell out fast as the feedback from the community was overwhelming“. Vasja also explained, “the difference between Viberate and other ICOs that are opening is that Viberate already had a working product and just tokenized the platform. We already had artists on board with Viberate and the community loved that.”
Viberate worked closely with their advisory team to execute their ICO plan, including Peter M. Moricz, a blockchain business development expert and part of the CoinFabric team.
I look forward to following this project as it progresses. There should not be a waiting period to develop the product as we mentioned above and we look to see if the blockchain implementation will be fast. Viberate is definitely one to watch.