Vibecoin is blockchain-enabled chat app that includes its own crypto (vibecoin).
vibecoin is a zero risk, asset-backed crypto token. Unlike cryptos like bitcoin or ether, vibecoin is a stablecoin that is pegged to the US dollar. It’s a crypto designed for everyday usage. Users convert cash into a digital token (vibecoin) that anchors the value of the token to the price of the US dollar.
Like a casino token, users can always (and immediately) convert their vibecoin back to the US dollar with one click.
Every vibecoin is always backed by 100% audited cash reserves compared to 0% cash reserves for US banks (i.e., for every vibecoin issued there is a dollar equivalent held in reserves).
The value of our audited reserves will be published monthly and will always match or exceed the value of all vibecoin in circulation. Our method uses an audited Proof of Reserves (POR) approach to prove that issued tokens are fully backed and always reserved.
If you’re ready for the future of local advertising, then our LIST framework is an easy way to remember how the Vibecoin app works, step by step: