OverviewVibeo is an instant messaging/social app with blockchain technology (it will be available from v4), we aim to offer a utility token to be used for our vibeo API. Our objective is to join the top 5 along with wechat, snapchat and whatsapp with respect to popularity and number of users.Vibeo coins are tied with the Vibeo API. It allows potential partners or merchants to get their services listed/added on vibeo interactive map. Each partner or merchant will have to buy and activate our API using VBEO token only. Depending on what they want to do in Vibeo interactive map, the amount of required VBEO token might vary. VBEO token will be available for potential partners or merchants during our token sale period (please consult our website for more information on schedule dates) or they might buy VBEO token at a later date on an exchange.Basically, the vibeo API will allow merchants and partners to connect their data with the vibeo interactive map. For example, a
bicycle renting platform that wishes to show-case their bicycle spots would need to get our API to establish a connection with the vibeo app.Once the partner has been added on the map, his bicycle spots will be shown and added to the filter.
The loyalty and gamificationGamification techniques will be employed to develop loyalty, which will in turn contribute to the growth of the ecosystem. As Vibeo members increase their involvement inside the ecosystem, it is important that the platform reflects these contributions appropriately by awarding bonuses and gifts to the top members. Using this form of incentive, Vibeo is demonstrating the importance of extended contribution to the ecosystem. Every member of the community will be presented with milestone routes that describe the path of an outstanding contributor, as these milestones are reached through interaction inside the community, Vibeo will give out certain rewards for each of these achievements.Below, a list of a few example milestone pathways that will be defined on the Vibeo platform:
- Milestone for referring a number of members to the ecosystem. Each user that brings friends, colleagues and family members to download Vibeo and confirm their phone number by registering, will receive VBEO token as reward. Users will earn 1 VBEO token every time they refer another member. The referred member will also get 1 VBEO token.
- Milestone for very active user in the ecosystem. Each user that is actively using Vibeo app (chatting daily and making blog postregularly) will be rewarded by the Vibeo management. We will be able to see daily activity from our database. For example a very active user might be able to regularly get up to 100 VBEO token.
- Milestone to suggest ideas/features that will be chosen and added to next version of Vibeo app. If one of the user suggestion has been chosen, user will get up to 100 VBEO token.
- Milestone to refer a merchant/service. Each user that refer a new merchant to download our API and register his offer/service into the Vibeo interactive map will get a special bonus of 5000 VBEO token.
- In special occasion we could also offer ETH o our active members, for example we plan to do contests/polls and events
Spending TokensCommunity growth and token circulation are intrinsically linked together, in order to catalyze growth inside the ecosystem, there must be a healthy amount of spending inside the platform. In order for tokens to have a high circulation rate inside the Vibeo platform, many spending pathways need to be established. As members of the Vibeo ecosystem receive tokens for contributions rendered on the platform, they will gain the option of trading these tokens in various ways inside the ecosystem.Spending features will be available only when the Vibeo e-wallet will be implemented in the app, it should be available before the end of 2018 or early 2019.
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