SOMESING

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somesing Ico Review

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SOMESING is a social music service that incorporates blockchain technology so that producers can get rewards for creative activities that everyone can enjoy their favorite songs and recreate the songs. Everyone who loves singing can sing all songs free of charge 24 hours a day, 365 days a year and can receive economic reward through gifts, supports, and events through the community about newly created song content. If you post your own song in SOMESING, a song wallet will automatically be formed, and Coins(SSX) will be accumulated in various ways including gifts, supports, and events in this song wallet. After a certain period of time, you will automatically distribute the coins that you have accumulated in your song wallet to the participants who have enjoyed this song and have contributed to it through smart contract.

Essential Information

Ico Time
Unknown
Token Name somesing
Token Symbol SSX
Whitepaper View Whitepaper
Website Link https://somesing.io
Price
0.01 USD
Platform
Ethereum
acceptable
BTC, ETH
Soft Cap
5,000,000 USD
Hard cap
9,000,000 USD
Whitelist/KYC KYC
Country Singapore
Restricted Country
USA,  China

More About somesing:

As the development of internet network and smart devices progresses, the Karaoke application has found the platform for the Karaoke market by providing easy access and availabilities to many countries, especially in which the Karaoke culture has not been initially present. Currently, many Karaoke application products have launched globally, and the number of users is estimated at around 500 million.

The music has been an integral part of people’s lives in every culture and society around the globe. Now, the creative work of composing music has become a tool and a way to express one’s value and thought. This collection of individual creativity in music leads our world to be filled with beauty and diversity.

SOMESING is a platform for SingLovers.

Anyone can enjoy the music that they like.
The enhancement or recreation/remix of new or existing music pieces are rewarded fairly. The fair profit distribution is enabled by the Blockchain technology.

Everyone that enjoy the creative activities of music receives the rewards and profits for the music that they created.

This will lead the creative work and activities to its exponential growth, providing tremendous inspiration to SingLovers on a peer-to-peer basis.

SOMESING will enable every participant to become active creators of music.

The fair rewarding and profit sharing system will motivate those creators to sustain their creativity withinSOMESING’s ecosystem and its work stream, resulting in the fruitful world of music.

SOMESING Ecosystem
The ecosystem of SOMESING is designed in a way that the SingLovers receive a fair reward based on our effort of designing the promotions and events (e.g. Fans’ gifts, supports, and other various collaborations of communities and events)
At SOMESING,
the reward distribution system will be automated and the reward to each SingLover’s for
their contribution of content will be calculated based on the SingLovers’ contributions without any systematic interruption or manual modification.

SOMESING Eco-system
1. Why Free Services ?
• Previous Karaoke App : Paid service
– Convert into paid service after using some free songs.
– User’s sign out due to paid service. (Smaller MAU/DAU than expectation)
• SOMESING App : Free Service
– Free service through block-chain and crypto currency.
– Providing studio-level high sound quality, Real Time Sync and Sound Effect.
– Minimization of user’s drop-off rate through free service and enable to expand through inflow of new users.
2. Why User-Centered Compensation?
• Previous Karaoke App : no reward or uneonomical
– Users pay all platform fees to use the service, however, there is no reward for the produced content or it is uneconomical.
• SOMESING App : user centered reward system
– Design of transparent reward system through block chain technology.
– Reward system that returns 70% of total accumulated tokens to users by forming a wallet for each song content users
produce and reward through sponsoring and gifts from other users who have sympathized with the content.
– Enable to expand fandom and community through reward system

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