1. What is VIB?

Introduction to VIBTokens:

VIB (Viberate) is a type of token primarily used for decentralized applications in the music and arts industry. It is based on Ethereum blockchain technology and aims to provide a transparent and secure trading platform for music and art creators.

Main Features:

1. Decentralized Music Platform: VIB aims to provide a decentralized music platform for creators, allowing them to transact directly with listeners, reducing the involvement of intermediaries.
2. Tokenization of Arts and Music: VIB allows art and music works to be converted into digital assets, facilitating the discovery and trading of their value.
3. Community-Driven: The VIB community decides on the platform's development direction through voting and participation, ensuring decentralization and democratization of the platform.

Note: Due to the volatility of the token market and regulatory risks, investors should carefully consider their investment decisions and ensure they fully understand the related risks and legal stipulations.

2. Who founded VIB?

The Viberate (VIB) tokens were founded by Slovenian entrepreneurs, including:

• Matej Gregorčič, CEO of Viberate
• Vasja Veber, Chief Business Development Officer
• UMEK, Celebrity Ambassador
• Dejan Roljič, Investor Relations.

3. Which venture capital firms invested in VIB?

According to the provided information, there are no specific investment details mentioned about the token "VIB." The text primarily discusses the early development of Ethereum and the support for Ethereum from Xiaofeng, CEO of Wanxiang Blockchain Labs.

If you are looking for investment information regarding the token "VIB," you may need to seek related information from other sources. The investment information mentioned in the text mainly pertains to Ethereum and other crypto projects, such as Axie Infinity, which received funding from Libertus Capital, Blocktower Capital, Konvoy Ventures, and Derek Schlos from Collab Currency.

4. How does VIB work?

Viberate (VIB) is a token that operates based on the ERC-20 standard of the Ethereum blockchain. It is the native currency of the Viberate platform and is used for the following purposes:

1. Payment Method: VIB is used for payments within the platform, including rewarding users, tips, bookings, and ticket purchases.
2. Decentralized Music Database: Viberate has established a decentralized music database containing information about musicians, music venues, music festivals, events, and other participants in the music industry.
3. Artist Operations Ecosystem: Viberate acts as a decentralized artist operations ecosystem and marketplace, leveraging blockchain technology to provide various useful functions and services to artists and other industry professionals.

In summary, VIBTokens on the Viberate platform are used for payments and rewards, supporting a decentralized music and artist ecosystem.