To address the big challenges faced by the current music industry, SOMESING has developed a social music service based on blockchain technology.
Basically, to phase out the inefficiencies of the traditional karaoke system, SOMESING has designed an extraordinary platform, which will help music lovers users follow their passion and benefit them economically for their contributions within the ecosystem. The company has leveraged blockchain technology to offer unlimited free music services and create a fair compensation system.
Developed in 1970 in Japan, Karaoke is the most interactive entertainment forms in the world. It allows users to recreate popular songs over pre-recorded music using a microphone. From Karaoke machines to user-friendly and convenient applications, this globally reckoned entertainment form has witnessed tremendous transformation has an active user base of over 500 million.
SOMSING will launch its first ICO on February 11, 2019, and is set to issue 10 Billion SSX tokens. Now, the user will get a long list of popular songs that they can choose to recreate for free depending on their preferences. Further, to get a free song wallet, music enthusiasts just need to upload the songs on the system. This secure music wallet will incorporate coin in the form of events, gifts, and supports etc. The coins will be stored for a predetermined time period post which the tokens will be distributed among the users through a smart contract based on their contribution.
To provide a unique experience to users, SOMESING has integrated state-of-the-art technologies to offer the following features :
This new music platform by SOMSING has been developed using blockchain and smart contract technologies to provide a secure, transparent, and rewarding digital Karaoke platform for music lovers across the globe.
Disclaimer: The above information is meant for information purposes only, it is no in any shape or form financial advice. Investors are advised to do their own due diligence and research before taking any investment decision.
Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity
Did you like the news you just read? Please leave a feedback to help us serve you better
Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.
Macro guru and Real Vision CEO Raoul Pal shone the spotlight on a rising layer-1…
As the technology landscape transforms at lightning speed, AI Companions has positioned itself as a…
Did you know that 85% of DeFi value is concentrated in six blockchains? DeFi is…
CLAPART - a groundbreaking RWA platform has launched its much-anticipated $CLP token IDO on Gempad…
Join us at BFC 2024 to explore the future of Web3. Use a special discount…
Catch all the updates with Altcoin Observer, official media partner of WebX Asia 2024. Gear…