Viberate Integrates NFTs for Artist Revenue Growth

Viberate, led by Matej Gregorcic and Vasja Veber, focuses on live music analytics and marketplaces. The platform allows artists to mint NFTs for performances, creating new revenue opportunities through blockchain technology.

Although “Hispanic Music Culture: A Fusion of Tradition and Modern Hits” isn’t a direct project, Viberate tracks Hispanic genres in its analytics. The company’s focus on diverse music genres supports global cultural contributions. Viberate Blog Post

Community Embraces Blockchain for Music Revenue Transparency

Viberate’s initiatives offer artists innovative revenue paths through NFTs. The community recognizes the importance of blockchain for music transparency and revenue streams, promoting artist independence.

While VIB token trading remains low, the platform’s analytics contribute to the diversification of music consumption. Historical volatility underscores cautious investor sentiment, yet Hispanic music markets may benefit from deeper analytics insights. Vasja Veber, Co-Founder, Viberate, said, “Our platform allows nearly half a million artists to mint NFTs tied to live performances, providing both new revenue streams and on-chain transparency for music creators.” Source 2

NFTs and Blockchain Empower Artists Despite VIB Volatility

Viberate’s NFT integration aligns with industry trends in artist empowerment via blockchain. Prior efforts witnessed price swings, echoing broader music-token volatility in niche markets.

Kanalcoin notes that despite VIB’s market challenges, blockchain’s transparency potential remains. Historical data indicates volatile trajectories for music tokens, highlighting the speculative nature of such assets.