We have been announcing the launch of the rewarding system for a few weeks now and I’m happy to say that yesterday we finally launched it! The community response has been amazing and together we’ve set a new record — more than 1000 new database entries have been made in less than 24 hours and the number is growing by the minute! Check it out here: https://www.viberate.com/participation

We reward Viberate users who contribute content into our database (adding profiles, curating information in existing ones) and promote the service on social media, forums or sharing their referral link and inviting people. More rewarded actions will be added as we go, but the ones we’ve launched with are capable of getting you a significant amount of VIB tokens as long as you do a good job.

We’ve been silently filling our bounty pool from 5th of October on with 5,000 VIB added to the pool every day so we’re glad to announce that Christmas came early for our existing Viberate point holders. We’ve distributed the entire bounty pool and some of you already held a pretty decent amount of points. It probably won’t be enough for a Lambo, but I’m sure some of you will at least be able to buy a bike.

Each day we will distribute 5,000 VIB tokens among our contributors. For each rewarded action, you will get a certain amount VIB tokens after the end of each period. The exchange rate will be calculated separately for each period and will depend on the number of executed rewarding actions.

A brand new VIB store also launched besides the rewarding system, enabling users to spend their VIB to purchase merchandise or get in contact with venues or musicians. We’ll be filling our shop with more cool products along the way, so stay tuned.