Viberate Raises $12M in ICO, Boosts Music Industry Engagement
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Increased Market Activity: Viberate's VIB token saw a 1.29% price increase in the last 24 hours, reaching approximately $0.0668 with a trading volume of $778,000, indicating significant investor interest and further enhancing the platform's influence in the music industry.
- Successful ICO: Viberate's initial coin offering (ICO) raised $12 million, reflecting a positive market response to its blockchain music analytics platform, thereby strengthening its position and appeal within the industry.
- Enhanced User Engagement: The Viberate platform allows users to earn tokens by adding new artist profiles, which not only boosts user engagement but also provides unique opportunities for artists to monetize their data, driving the digital transformation of the industry.
- Alignment with Industry Trends: Viberate's tokenization framework aligns with the ongoing digitization trends in the music industry, with experts noting that the unique opportunities it offers will further enhance interactions between artists and industry professionals, driving overall market growth.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.






