Do you remember the days that we had ICQ, Msn Messenger etc? We had no Whatspp, WeChat, Telegram then. Neither had we blockchain technology, even smartphones.
Those days are behind and now we live in a world where PC usage drops and smartphone usage raises every day. Vibeo is an Instant Messaging app that has its eye on smartphone messaging market. And will use blockchain in the process.
Vibeo gives the example of WeChat to stress the importance of having a large slice of smartphone messaging market:
In China, WeChat pay is used by over 90% of WeChat users to make offline purchases in Chinese cities. The WeChat App has been developed to be highly integrated into the day-to-day living of Chinese people. From social life, banking, transportation et cetera, almost all forms of payments can be made from within the messaging platform.
If you have a large user base, then you have an economic force and if you add blockchain economy in the mix, things are getting more exciting.
The main problem with new instant messaging apps is the saturation of the market. Big players have many features and adding new ones constantly, so what features does Vibeo have?
*Call-Video
Communicate with voice/video calls, one to one or conference mode with 3 people. Share your screen feature included.
*Chat
Advance chat with offline message, online presence indicator, push notification, location sharing, send picture/audio/video/files, create group chat, and manage history.
*Timeline
Manage a mini timeline blog, upload a picture and write down a small article to save memorable moments, share them with your family and friends.
*Geolocation
Each user can enable geolocation in settings, to become visible for others. Share real-time location details to guide others to reach you.
*Safe trip (2018/12)
Enable this feature when you are travelling, your road trip location will be saved every 5 minutes and send to a chosen user/group for safety sake.
*Map (2018/12)
See everything on vibeo interactive map, your friends, nearby people, merchants that accept crypto, as well as points of interest!
So I just mentioned that having a large user base can bring a hefty revenue. But how is that possible actually? How is Vibeo going to earn money?
Vibeo would benefit from payments from merchants to get listed on the platform and to have access to existing and potential customers, users will also have the ability to carry out business transactions among themselves. From peer-to-peer applications such as freelancing and even gifting, Vibeo intends taking the social acts of the real world to a new technological level. The model would be monetised by merchants who would pay an annual fee of $29 to get listed on the app, appear on the geolocationmaps, and show up in searches for recommended businesses. These merchants can also get additional benefits such as being highly recommended, and other extra advertisement packs at an extra fee of between $5.99 and $10.99 per year. Vibeo would not charge any additional fees and there would be no gateway charges.
You can already try out Vibeo as they have their app on App Store and Google Play:
App Store = https://itunes.apple.com/ca/app/vibeo/id1345493717?mt=8
Google Play = https://play.google.com/store/apps/details?id=com.vibeo.vibeo
Vibeo Website = https://vibeo.io
Vibeo Whitepaper = https://vibeo.io/files/vibeowhitepaper.pdf
I am not a guy of nostalgia. I do not miss those old days of ICQ. I prefer having the latest technology available, and now is the time of blockchain. Why would our messaging apps not keep up?
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*Disclaimer: None of this information is intended to be financial advice. This article shows my personal opinion and I advise everyone to do their own research.
