Market competitive environment:
The mobile messaging segment of the market is the largest, and continues to grow at a very significant rate due to strong adoption of mobile technology globally.
The Enterprise instant messaging network segment is also growing significantly, as more and more enterprises are coming on board in adopting enterprise-related functionality and security features.
Applications such as Snapchat have security features that destroy selected messages and media that are found to be suspicious. Similarly, applications such as BBM and Telegram provide extreme secure communication, while WhatsApp has encrypted messaging features on all messages. China's WeChat and Japan's LINE had a rapid increase in the number of their users of up to 500 million within two years of being launched.
The global Instant messaging market at enterprise level was valued at $6.42 billion in 2014. The consumer IM market is expected to grow at a faster rate and it is likely to reach close to $ 12 billion by 2019. According to Statista, total number of monthly active users on the top ten instant messaging applications come to a total of 5 billion accounts.
The major competitors to the Vibeo mobile application are some of the top instant messaging applications on the global market. They are Facebook Messenger, WeChat, WhatsApp, Snap Chat, Google Hangouts .
The largest IM are direct competitors actively study the opportunities of adopting blockchain-technologies into their systems.
WeChat currently has 1 billion active monthly users. It is worth €100 billion and is a major lifestyle spending contributor within China, helping earn up to €1.76 billion
WhatsApp is recognised internationally, with about 58% of its global coverage accessing the app several times daily. Currently, it is owned by Facebook, who acquired it for €19 billion in February 2014.
Snapchat had 300 million daily active users globally by the first quarter of 2018. Capitalization - $21.01 bln
Facebook Messenger: Registered users - 1.3 bln, Monthly active users - 1.2 bln, Capitalization - n/d
Telegram: Registered users - 200+ mln, Monthly active users - 180 ml, Capitalization - n/d
Skype: Registered users - 500+ mln, Monthly active users - 300 mln, Capitalization - $8.5 bln
LINE: Registered users - n/d, Monthly active users - 200+ mln, Capitalization - $9.8 bln
Kik (Kin):Registered users - 300+ mln, Monthly active users - 15 mln, Capitalization - n/d
Project advantages:
The Vibeo app gives more functionalities than conventional applications with Advanced Location features that offer travel updates to selected loved ones or groups, currency transfer from one user to another, the creation of a strong community revolving around a decentralised economy using crypto-currencies to carry out transactions, and where the VBEO token gives platform users leverage in the use and development of the application.
SOCIAL ACTIVITY
Project’s popularity in social networks and at topic forums
As of August 20, 2018, the user base in social networks of the project counts less than 13k users and the audience’s activity is low.
Medium – 27 followers, from 0 to 65 claps. The average number of comments per post - 0 pcs. Audience’s activity is low.
Reddit – 14 subscribers. Audience’s activity is very low.
Profile in BitcoinTalk – the level of Jr. Member. The topic was read 1k times, audience’s activity is low.
Twitter - 1.2k followers, from 0 to 10 likes per tweet. The audience’s activity is very low
