Vybit is a new and improved social media/cryptocurrency ecosystem
that rewards users and creators for the value they generate
Vybit is a short video social media app through which all users are financially rewarded based on their engagement. With Vybit users are rewarded for posting compelling content and interacting with the community to create the overall most inclusive experience for all users. The reward is a daily distribution of in-app Vibes which can then be redeemed for our native Solana token $VI.
All users who contribute to and engage with the community share the value that they create for the platform proportionally based on their interaction and the popularity of their content. From casual users to full-time creators, everyone earns with Vybit.
Democratising the creator economy
Vybit democratizes the concept of earning money through social media by empowering every user to be financially rewarded for their engagement, interactions, and the popularity of the content they create. Through our rewards mechanism, users are rewarded based on their Impact score, which is a measure of engagement, interactions and popularity. This ensures that the total rewards distributed are shared proportionally with those driving the most engagement on the platform.
The Solution: the Vibe mechanism
Vybit users earn Vibes, our in-app coin (non-crypto), every day, for simply engaging with the app. Users can then share and redistribute their Vibes with anyone on the app, friends, or favorite content creators by pressing the “Vibe” button (equivalent to a “Like” on most platforms) on their videos This in turn encourages members to share compelling content and earn more Vibes. Users can also purchase additional Vibes to share with their favorite creators, engage with the community, or to get their content featured at the top of the explore feed.
How it works
Vibes may be redeemed for our native cryptocurrency $VI at any time with the Vybit wallet on our website. The redemption value is 1,000 Vibes to 1 $VI. Built on Solana, $VI can be converted to any other token or local currency at all times either via one of our partner exchanges or any other third party exchange.
Vybit is revolutionizing the social media industry and creating a new place for people to create, share, connect and earn. Vybit provides a platform that will serve as an easy starting place for the crypto-curious. For many, $VI will be the first cryptocurrency they own and Vybit will serve as an introduction to the endless possibilities in the blockchain/cryptocurrency world.
From Vid to Vybit roadmap
We envision an open, borderless world. A world in which people and machines collaborate and exchange value globally and freely, without gatekeepers or intermediaries. A world in which communities thrive, unconstrained by artificial borders and archaic regulations.