iShred LIVE is described as 'Killer effects and tools for your guitar, iShred LIVE puts you in control of an amp simulator with variable overdrive, and starts you with two free effects, the HK-2000 digital delay and Q-36 Space Modulator/Flanger, and a built-in noise gate and filter' and is an app. There are more than 25 alternatives to iShred LIVE for a variety of platforms, including Windows, Mac, iPad, iPhone and Linux apps. The best iShred LIVE alternative is AmpliTube. It's not free, so if you're looking for a free alternative, you could try Guitarix or Tonebridge. Other great apps like iShred LIVE are Guitar Rig, BIAS FX, Rakarrack and ToneLib GFX.