What is SOMESING?
Somesing (SSX) is a blockchain-based platform designed specifically for singers and music enthusiasts. This innovative network is built on the concept of a "sing verse," or a "song universe," which connects all music lovers. The platform allows users to create music individually or as part of a team, utilizing a patented recording method. The content management system utilizes smart contracts on the blockchain for maximum security.
Somesing's goal is to revolutionize the way music is created and shared, by providing a fair and rewarding system for users. The platform aims to function as a complete ecosystem for music production and consumption, creating a unique network for music enthusiasts. Somesing leverages the power of cryptocurrency and blockchain technology to make music creation more rewarding for users.
Somesing operates on the Klaytn network, which combines the best aspects of public and private blockchains in a seamless "hybrid" design. The platform is committed to designing a transparent token distribution system by encouraging community participation and implementing a unique reward system. Somesing's reward system is user-centered, with 70% of accumulated tokens being distributed to the creators of each song.
SSX is the token of the platform, and each time a user creates a song, the platform creates a block, which acts as a song wallet. SSX tokens are added to the song wallet in appreciation and participation.
Somesing (SSX) is a revolutionary blockchain network designed specifically for singers and music enthusiasts. The platform, which operates on the Klaytn network, combines the advantages of both public and private blockchains to create a unique and efficient "hybrid" design.
One of the key features of Somesing is the concept of "sing verse," a "song universe" that connects all music lovers. The platform allows users to create music individually or in teams using a patented recording method. The content management system is built on smart contracts, ensuring security and transparency for all users.
Somesing is committed to enhancing the remix or recreation of music and implementing a fair rewarding system for users. The platform aims to serve as an ecosystem for producing and listening to music, creating a unique network for music enthusiasts. By leveraging the power of cryptocurrency and blockchains, Somesing makes music creation more rewarding for users.
The SSX token is the platform's own cryptocurrency, which is used for the staking of tokens and distribution of rewards. Each time a user creates a song, a block is created, which acts as a song wallet. SSX tokens are added to the song wallet when contributions come in appreciation and participation. The staking of SSX tokens takes place with a one-time token deposit by the creator and during the distribution of rewards.
The distribution of accumulated rewards takes place according to the following statistics: 50% goes to the singer or creator, 20% goes to the ecosystem, and 30% goes to the community, network, source of music, and copyrights. This ensures that the platform is user-centered and rewards creators for their participation.
Somesing was launched in March 2019 by a team of twenty-five members, with Heuibae Kim as CEO and founder. The platform plans to distribute a total of six billion SSX, and the whitepaper was published in July 2020. With a focus on community participation, Somesing is poised to become the go-to platform for music creation and distribution in the blockchain space.
The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.
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