Viberate, led by CEO Vasja Veber, launches NFT gig booking for over 500,000 artists on Ethereum, live as of November 2025.
This initiative enables artists to monetize performances, integrates major music platforms, enhancing blockchain adoption in the music industry.
Viberateโs NFT Platform Impacts 500,000 Artists Globally
Viberate has launched an innovative system for NFT gig booking, impacting over 500,000 artists globally. This new platform allows artists to offer their performance rights as NFTs, enabling fans to buy, trade, and redeem these rights.
Co-founders Vasja Veber and Gregor Skrt steer this technological advancement. The platform supports integration with Spotify, TikTok, and YouTube analytics, creating a holistic approach for music monetization without requiring new institutional funding.
โViberate is now live with direct NFT gig booking for artists. Fans can own, trade, and redeem live performance rights. The future of music monetization is here.โ โ Vasja Veber, CEO, Viberate
$2.1M Locked in Viberateโs Gig Escrow Contracts
Industry insiders have highlighted increased opportunities for artist monetization. The NFT-based gig booking model could potentially transform revenue models in the music industry, with 100+ bookings processed weekly as reported by Viberateโs CTO.
Potential financial impacts include improved liquidity for artists using Ethereumโs smart contracts, with ~$2.1M locked in gig escrow contracts. This innovation aligns with historical patterns of blockchain integration in digital rights management.
Broader Adoption Seen in Tokenized Event Rights
Past uses of tokenized event rights in 2021โ2022 showed limited adoption, primarily within niche markets. Current developments suggest a broader impact given the expanded artist base and tech improvements.
Experts from Kanalcoin note the NFT gig booking model offers promising scalability. The use of on-chain analytics can enhance transparency and efficiency in digital rights management, reflecting trends seen in previous blockchain applications.
| Disclaimer: This website provides information only and is not financial advice. Cryptocurrency investments are risky. We do not guarantee accuracy and are not liable for losses. Conduct your own research before investing. |