Vibe (VIB) API and Price Oracle

Vibe API Logo

Vibe

VIB
$
Information
For informational use only; request a custom oracle/API for production below.
General information
Contract address
Smart contract address of the asset
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0x2C97...F724
Network
Blockchain network where the asset is deployed
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Ethereum
Methodology
Pricing methodology used to determine the price of the token in USD. By default, all price feeds on the DIA App are calculated with a MAIR methodology. This parameter is customisable.Learn more about methodologies.
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MAIR
Update frequency
120 seconds is the default update frequency. This parameter is customisable.Learn more about oracle updates.
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120s
Next update
24h Volume
The total volume captured by DIA across all the integrated sources.
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Source
Volume 24h
Trades 24h
Pairs
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Token information

What is Vibe (VIB)?

Vibe (VIB) is a cryptocurrency that aims to create a decentralized marketplace for the global live music industry. It was founded in 2017 by Matthew Myers and Luke Myers. The name "Vibe" represents the platform's goal of connecting artists and fans through a shared passion for music. VIB tokens are used for transactions within the ecosystem, facilitating secure and transparent payments.

How does Vibe work?

Vibe is a blockchain-based platform that leverages a virtual reality (VR) environment to facilitate live music performances and connect artists with their fans. The underlying technology behind Vibe is built on the Ethereum blockchain.

A key component of Vibe's functioning is the use of blockchain oracles. These oracles serve as external information providers, supplying verified data from outside the blockchain to smart contracts. In the case of Vibe, oracles are used to provide real-time data for the VR music events, ensuring accuracy and transparency.

When an artist performs on the Vibe platform, their performance is live-streamed to users who join the VR environment. These users can enjoy the immersive experience of attending a live concert from the comfort of their homes. To enhance the social aspect, Vibe also allows users to interact with each other and the artists through avatars, creating a sense of community.

The Vibe platform utilizes its own native token called VIBE. This token acts as a means of exchange within the ecosystem, enabling transactions between artists, fans, and other stakeholders. Additionally, the VIBE token can be used for voting on platform decisions and participating in exclusive events or experiences.

By combining blockchain technology, virtual reality, and real-time data from oracles, Vibe offers a unique and innovative way for artists to connect with their fans and create memorable experiences. The transparency and security provided by the Ethereum blockchain ensure trust in the platform, making it an intriguing option for music enthusiasts looking for immersive live music experiences.

What are the benefits of Vibe?

Vibe offers several benefits compared to its direct competitors in the blockchain space. Firstly, Vibe distinguishes itself through its focus on creating a decentralized platform for virtual reality (VR) content and experiences. This positions Vibe as a unique player in the market, as it combines the immersive world of VR with the transparency and security of blockchain technology.

One of the key advantages of Vibe is its ability to facilitate peer-to-peer transactions of VR content. By leveraging blockchain, Vibe ensures that these transactions are secure, transparent, and tamper-proof. This provides both content creators and consumers with a trustless environment for exchanging VR experiences, reducing the risk of fraud or copyright infringement.

Another benefit of Vibe is its decentralized governance model. Unlike some of its competitors that rely on centralized entities to make decisions, Vibe allows its community members to actively participate in the decision-making process. This ensures that the platform evolves according to the collective vision and needs of its users.

Furthermore, Vibe offers a marketplace for VR content where artists and developers can showcase and monetize their creations. Through the use of smart contracts, transactions on the Vibe platform are automated and executed without intermediaries, reducing costs and enabling efficient revenue sharing.

In summary, Vibe's focus on VR coupled with its decentralized and transparent nature sets it apart from its direct competitors. Its ability to facilitate secure peer-to-peer transactions, decentralized governance, and a marketplace for VR content makes it an attractive choice for individuals and businesses looking to explore the potential of blockchain technology in the virtual reality space.

What is Vibe used for?

Vibe, also known as VIBEHub, is a blockchain-based platform that leverages virtual reality (VR) and augmented reality (AR) technologies to create immersive experiences for users. It aims to revolutionize the way people consume and interact with digital content.

One common use case for Vibe is in the entertainment industry. It allows artists, musicians, and creators to showcase their work in a more interactive and engaging manner. For example, musicians can perform live concerts in a virtual space, providing fans from all over the world with a front-row seat experience. Users can interact with the performers, join virtual communities, and even purchase merchandise or exclusive content using cryptocurrency.

Another specific use case for Vibe is in the education sector. The platform can be utilized to create virtual classrooms and learning environments, offering students a more immersive and engaging learning experience. With VR technology, students can explore historical sites, participate in realistic simulations, and collaborate with their peers in a virtual setting.

These are just a couple of examples of how Vibe can be used. The platform's ability to merge blockchain, VR, and AR technologies opens up endless possibilities across various industries. It allows for the creation of unique and personalized experiences that were previously not feasible.

Note: The information provided is based on general knowledge of Vibe. For more detailed and up-to-date information, it is recommended to refer to official Vibe documentation and sources.

What is DIA's Vibe API?

DIA's Vibe API is a powerful tool that provides real-time price feeds of cryptocurrencies and NFTs. These feeds are constructed by sourcing raw data from over 85 on-chain and off-chain exchanges, making DIA's offering unique in the web3 data provider space.

While DIA does offer free API endpoints for developers to test, the real value lies in their fully customizable, custom feeds. These custom feeds can be tailored according to the user's specific requirements, including sources, methodologies, update mechanisms, and more. To request a custom feed, users can reach out to DIA via Discord or Telegram.

The use cases for DIA's API are diverse and extensive, spanning across the blockchain ecosystem. In the DeFi sector, the price information from DIA's API can be applied in derivatives, options and futures, lending and borrowing markets, collateralized stablecoins, synthetic asset issuance, money markets, and more. In the NFTfi sector, it enables peer-to-pool NFT lending and borrowing, on-chain NFT derivatives, NFT renting, NFT fractionalization, and other exciting possibilities.

In summary, DIA's Vibe API offers free API endpoints for testing purposes, but its true potential lies in the ability to create custom feeds tailored to specific needs. The flexibility and customization options make DIA's API a valuable resource for developers and participants in the blockchain ecosystem. To access the free price feed API endpoint or explore custom configurations, users can visit the DIA App.

What is DIA's Vibe price oracle?

DIA's Vibe price oracle is a powerful tool for accessing real-time price feeds of various crypto assets. Integrated with over 35 layer 1 and layer 2 networks, DIA's price oracles can be deployed in multiple blockchains, providing users with comprehensive and accurate data. Unlike other web3 data providers, DIA's price feeds are constructed using raw data obtained from more than 85 on-chain and off-chain cryptocurrency and NFT exchanges, ensuring reliable information.

While DIA offers free demo oracles for developers to test, these are exclusively for testing purposes and cannot be integrated into production applications. However, DIA also offers the option to request custom configuration for a dedicated price feed oracle. Custom price oracle data feeds can be tailored according to specific requirements, including sources, methodologies, update mechanisms, and more. To request a custom feed, users can reach out to DIA via Discord or Telegram.

DIA's custom oracles are particularly valuable, as they provide tailored solutions for users' specific needs, enhancing the usefulness and effectiveness of the price feed data. These custom oracles have a wide range of applications within the blockchain ecosystem, including derivatives, options, futures, lending and borrowing markets, collateralized stablecoins, synthetic asset issuance, money markets, and various NFTfi applications such as peer-to-pool NFT lending and borrowing, on-chain NFT derivatives, NFT renting, and NFT fractionalization.

In the context of blockchain technology, an oracle refers to an external information provider that supplies verified data from outside the blockchain to smart contracts. It serves as a bridge between the on-chain and off-chain worlds, enabling smart contracts to access and utilize real-world data securely and reliably.

Overall, DIA's custom oracles are a valuable tool for users looking for customizable and accurate price feed data, offering a range of possibilities for various industry applications within the blockchain ecosystem.

Why use DIA's VIB API & price oracle?

DIA's VIB API and VIB Price Oracle offer a range of benefits for users in the blockchain ecosystem. The primary advantage of leveraging DIA's technology is the high level of customization available. Users can tailor each oracle and API endpoint to suit the specific needs of their decentralized applications.

This customization includes configuration settings such as data sources, data cleaning filters, pricing methodologies, and update mechanisms. By allowing users to customize these settings, DIA ensures that the data and oracle remain robust and resilient to market conditions. This level of customization also enables users to access global market prices as well as specific individual or cross-chain market prices.

Transparency is another major benefit provided by DIA's API and Oracle feeds. The entire data journey is accompanied by full and granular transparency. Users can track the oracle and API feeds using various tracking and monitoring tools provided by DIA.

In conclusion, the key benefits of using DIA's VIB API and VIB Price Oracle are the high level of customization and the transparency they offer. These features enable users to access accurate and reliable price data for cryptocurrencies and NFTs, while also providing the flexibility to tailor the data and oracle to their specific needs.

Why use DIA data feeds and oracles?

Transparent
DIA provides full insight on the oracle’s data journey as well monitoring tools to track feeds in real-time.
Customisable
Oracles can be tailored to any use case in terms of data sources, methodologies and update mechanisms and much more.
Broadest coverage
DIA provides price oracles for 3,000+ cryptocurrencies: from blue-chip tokens to long-tail assets.