VIBE

VIBE Price

About VIBE (VIBE)

VIBE is an ERC-20 utility token that powers the VibeHub ecosystem, a decentralized platform for augmented and virtual reality marketplaces and gaming.

• The platform features VIBENet, a Layer 2 scaling solution designed to facilitate instant and gasless transactions for digital assets.
• VIBE tokens are used as a universal currency for purchasing digital goods, services, and participating in gaming activities within the ecosystem.
• The project provides a comprehensive software development kit (SDK) to help developers integrate blockchain-based transactions and node management into their games.

What Is VIBE

VIBE is the native utility token of VibeHub, a technology project focused on creating immersive hubs and marketplaces within the metaverse. The project aims to bridge the gap between traditional gaming and blockchain technology by providing a scalable environment for developers and users. At its core, VIBE functions as the medium of exchange that drives the economy of its virtual spaces.

The ecosystem is designed around the concept of a decentralized marketplace where users can trade digital collectibles and access various decentralized applications (dApps). By utilizing a fixed token supply, the project emphasizes a stable economic framework for its internal transactions. Value moves through the system as users spend VIBE on in-game assets, node sponsorships, and digital services, while developers utilize the token to power their integrated applications.

What Makes VIBE Unique

VIBE distinguishes itself through its multi-faceted approach to metaverse infrastructure:

• VIBENet Layer 2 Solution: A proprietary sidechain technology that enables instant, atomic transactions with zero gas fees, overcoming the scalability limitations of the Ethereum mainnet.
• Collateralized NFTs: Unlike standard digital collectibles, VIBE NFTs are backed by VIBE tokens as collateral, providing a baseline value and reducing risk for collectors.
• Cross-Chain Compatibility: VIBENet is built to be chain-agnostic, supporting multiple assets including ETH, LINK, and NEO, which allows for broader integration across the cryptocurrency landscape.
• Holographic Content: The project has historically focused on photorealistic 3D models and holographic technology for its AR/VR marketplaces.

What Can You Use VIBE for?

VIBE is designed for several practical applications within its digital environment:

• Marketplace Transactions: Users spend VIBE to purchase rare 3D models, game assets, and other digital goods in the VibeHub marketplace.
• Gaming Utility: The token is integrated into various dApps, such as the first-person shooter game VIBE OR DIE, where it serves as the primary currency for competitive play.
• NFT Collateralization: VIBE is used to back the creation of rare and unique digital collectibles, ensuring they have intrinsic value within the ecosystem.
• Node Sponsorship: Participants can sponsor game nodes to earn a portion of the transaction fees generated by those nodes, creating a passive income stream for token holders.
• Developer Integration: Developers use VIBE in conjunction with the VIBE SDK to implement secure, high-speed transactions in their own projects.

How Does VIBE Work?

VIBE operates as an application utility token on the Ethereum blockchain, utilizing the ERC-20 standard for its core functionality. To address high transaction costs and latency, the project developed VIBENet, a Layer 2 solution that handles the execution of transactions off-chain before settling them. This architecture allows the platform to offer "gasless" transactions, meaning users do not pay protocol service fees in the form of network gas when trading on VIBENet.

The system also incorporates a software development kit (SDK) that acts as a bridge for traditional game developers. The SDK includes transactional support for various cryptocurrencies, node management tools, and integration with the Chainlink oracle service to provide reliable external data. This technical stack allows for the creation of complex, blockchain-enabled games that can scale to a large number of users without the friction typically associated with on-chain operations.

Team Info and Investors

The project's development is documented on its official GitHub repository, which outlines the technical implementation of the VIBE ecosystem. While the source material highlights the project's technical achievements and its VIBENet infrastructure, it does not specify individual founder backgrounds or a list of private venture capital investors. Governance is primarily managed through the technical rules established by the VIBE token's immutable smart contract and the operational parameters of the VIBENet sidechain.

Where can you buy VIBE?

VIBE tokens have stopped trading 29 days ago on all exchanges listed on CoinGecko. Information will be updated if market activity resumes.

What is the daily trading volume of VIBE (VIBE)?

The 24 hour trading volume of VIBE (VIBE) is $0 which signals a drop in market activity. If you own VIBE tokens, liquidity of the token is likely to be low. Proceed with caution. You may explore CoinGecko’s list of most traded cryptos for coins with higher liquidity.

What is the highest and lowest price for VIBE (VIBE)?

VIBE (VIBE) reached an all-time high of $2.25 and an all-time low of $0.0₆1090. It’s now trading -100.00% below that peak and 882.00% above its lowest price.

What is the market cap of VIBE (VIBE)?

Market capitalization of VIBE (VIBE) is $200.36 and is ranked #12664 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of VIBE tokens (190 Million tokens are tradable on the market today).

What is the fully diluted valuation of VIBE (VIBE)?

The fully diluted valuation (FDV) of VIBE (VIBE) is $285.87. This is a statistical representation of the maximum market cap, assuming the maximum number of 270 Million VIBE tokens are in circulation today. Depending on how the emission schedule of VIBE tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of VIBE compare against its peers?

With a price increase of 0.00% in the last 7 days, VIBE (VIBE) is outperforming the global cryptocurrency market which is down -5.00%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 12.70%.

How to add VIBE (VIBE) to MetaMask?

Adding VIBE (VIBE) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import VIBE as a token. You can copy VIBE’s contract address (0xe8ff5c9c75deb346acac493c463c8950be03dfba) and import it manually, or if you've installed MetaMask's chrome extension, add VIBE to MetaMask with one click on CoinGecko.

Add VIBE to MetaMask.