VIBEhub ICO Review
VIBEhub will be a VR and augmented reality marketplace and hub. A bold project in a fast emerging industry. Estimates show that probably the market for VR will grow over 100 Billion dollars until 2020. Their dream is ti be possible to interact in VR with other people around the globe.
VIBEhub has the chance to position themselves at the top of the market being among the first players in this industry. The Project is on Ethereum(ERC20 Standard); transactions will run ofcourse on Ethereum Blockchain. The ICO is lasting until 21 September.
Token distribution:
In order to participate to the Token sale you will need an ethereum wallet and of course ethereum. Initial you will be given a VIBE Token which then will be exchanged for VIBE Tokens. For example if you buy 0.5 of all Tokens issued on ICO, you will be then given 0.5 of all coins issued(at least so I understood from their website).
The minimum transaction 0.01 ETH and for 1 ETH you will receive 100 Tokens plus 10% Bonus(only until midnight today UTC). Starting from tomorrow with 1 ETH you can buy 100 Tokens plus 5% Bonus until 12th of September and starting 13th until the end of the ICO, 21 September 1 ETH will be 100 Tokens with no bonus.
The GO Live for the web platform is on 15th September and the Exchange listing is on 1st of October:
You can get to their ICO here:
http://vibehub.io/ico/
Right now they have a small team, but they plan to expand at the end of the ICO. Read more here: http://vibehub.io/
In order to preview their platform go here:
http://vibehub.io/platformtest/#/login
and
https://docs.google.com/forms/d/e/1FAIpQLScPT6ePpGxCknwgflfaoSuScTBS2EmHExIsyIHAighwsaHDQg/viewform
The idea behind the project is great but hard to execute. It is extremely important to execute it right in order to get a great share of the market very early. Also an important aspect will be marketing. It will need a serious marketing budget and time, because VR right now is in its incipent form. Still a good small, long term investment.
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