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Cryptocurrencies/Coins/SOMESING (SSX)
SOMESING price, market cap on Coin360 heatmap

SOMESING(SSX)

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$0.000801
(-11.04%)
0.00000001 BTC
Market Cap (Rank#1267)
$2,881,467
40.7237 BTC
Vol 24h
$103.914
0.001469 BTC
Circulating Supply
3,598,754,847
Max Supply
6,000,000,000

SOMESING Charts

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About SOMESING?

The live price of SOMESING (SSX) today is 0.000801 USD, and with the current circulating supply of SOMESING at 3,598,754,847 SSX, its market capitalization stands at 2,881,467 USD. In the last 24 hours SSX price has moved -0.0000005 USD or -0.00% while 2.00 USD worth of SSX has been traded on various exchanges. The current valuation of SSX puts it at #1267 in cryptocurrency rankings based on market capitalization.

Learn more about the SOMESING blockchain network and how it works or follow the price of its native cryptocurrency SSX and the broader market with our unique COIN360 cryptocurrency heatmap.

Introduction

SOMESING (SSX) is a revolutionary social music service that aims to transform the karaoke market by providing fair rewards to users for their creative music works. Built on blockchain technology, SOMESING enables transparent reward distribution and incentivizes creators, ensuring that their contributions are recognized and compensated fairly. With a user-centered approach and a commitment to high-quality sound and real-time sync, SOMESING aims to create a global community of SingLovers who can freely access a wide range of karaoke music covers.

Technology & Mechanism

Consensus Mechanism

SOMESING utilizes a consensus mechanism that ensures the integrity and security of its platform. By leveraging the power of distributed nodes, consensus is achieved through a decentralized network, guaranteeing the accuracy and immutability of transactions.

Blockchain Technology

SOMESING operates on the Klaytn platform, a highly scalable and efficient blockchain infrastructure. This blockchain technology enables SOMESING to provide a secure and transparent environment for users to create, share, and enjoy music. By leveraging the benefits of blockchain, SOMESING ensures that all transactions and rewards are recorded on an immutable ledger, fostering trust and fairness within the ecosystem.

Key Features

Scalability

SOMESING is designed to handle a large volume of users and transactions without compromising performance. The platform's scalable architecture ensures that SingLovers can enjoy a seamless and uninterrupted karaoke experience, even during peak usage periods.

Security

SOMESING prioritizes the security of user data and transactions. By utilizing blockchain technology, all interactions within the platform are encrypted and stored on a decentralized network, reducing the risk of data breaches and unauthorized access.

Privacy

SOMESING respects the privacy of its users. While the platform encourages collaboration and sharing, it also provides users with the option to control the visibility of their creations. SingLovers can choose to keep their works private or share them with the SOMESING community, ensuring that they have full control over their creative output.

Decentralization

SOMESING embraces the principles of decentralization, empowering users and removing intermediaries from the music creation and distribution process. By eliminating the need for traditional intermediaries, SOMESING reduces costs and ensures that creators receive a fair share of the rewards for their contributions.

Development Team & Governance

The SOMESING project is led by a team of experienced professionals with expertise in software development, marketing, blockchain, and the music industry. The team is committed to driving innovation and creating a sustainable ecosystem for music creation and distribution. While specific details about the governance model are not provided, the team's track record and dedication to transparency inspire confidence in the project's future development.

Use Cases & Potential Impact

SOMESING has the potential to disrupt the existing karaoke paid service model and enhance user engagement in the music industry. By providing a decentralized platform for music creation and distribution, SOMESING empowers musicians and provides them with opportunities to showcase their talent to a global audience. SingLovers can freely access a vast library of karaoke music covers, collaborate with other musicians, and even create their own music videos. This democratization of the music industry has the potential to revolutionize the way music is created, shared, and enjoyed.

Purchase & Storage

How to Buy

SOMESING (SSX) can be purchased on various cryptocurrency exchanges. Interested individuals can visit these exchanges and follow the necessary steps to acquire SSX tokens. It is important to conduct thorough research and choose reputable exchanges to ensure a secure and reliable transaction.

Wallets & Storage

Once SSX tokens are acquired, it is essential to store them in a secure wallet. There are several options available, including hardware wallets, software wallets, and online wallets. Hardware wallets, such as Ledger or Trezor, offer the highest level of security as they store the tokens offline. Software wallets, such as MetaMask or MyEtherWallet, provide convenient access to tokens through desktop or mobile applications. It is crucial to choose a wallet that suits individual preferences and ensures the safety of SSX tokens.

Partnerships & Collaborations

SOMESING has established partnerships with prominent companies in the music and blockchain industries. Collaborations with companies such as Ground X, TJ Media, and Ziller demonstrate SOMESING's commitment to creating a robust ecosystem and expanding its reach. These partnerships bring together expertise from various domains, fostering innovation and driving the adoption of SOMESING's platform.

Roadmap

SOMESING has an ambitious roadmap that outlines its future plans and objectives. The project aims to achieve global launching, implement referral marketing strategies, and vitalize the user base. Additionally, SOMESING plans to collaborate with entertainment agencies and broadcasting companies to further enhance its platform and provide new opportunities for musicians.

Risks & Challenges

As with any innovative project, SOMESING faces potential risks and challenges. These include competition from other music platforms, regulatory compliance, and addressing the undervaluation of creative work. However, the SOMESING team is aware of these challenges and is committed to overcoming them through continuous development, strategic partnerships, and a user-centric approach.

Community & Regulatory Compliance

SOMESING has a vibrant and supportive community of SingLovers who actively contribute to the platform's growth. The community plays a crucial role in providing feedback, suggesting improvements, and spreading awareness about SOMESING's mission. Additionally, SOMESING is committed to regulatory compliance and ensures that it adheres to relevant laws and regulations to provide a secure and trustworthy platform for its users. In conclusion, SOMESING (SSX) is a social music service that leverages blockchain technology to revolutionize the karaoke market. With its fair reward distribution system, high-quality sound, and real-time sync, SOMESING aims to create a global community of SingLovers who can freely create, share, and enjoy music. By empowering musicians and providing a decentralized platform, SOMESING has the potential to disrupt the music industry and redefine the way music is created and distributed. With a dedicated team, strategic partnerships, and a roadmap for future development, SOMESING is poised to make a significant impact in the world of music.
SOMESING Price0.000801 USD
Market Rank#1267
Market Cap2,881,467 USD
24h Volume103.914 USD
Circulating Supply3,598,754,847 SSX
Max Supply6,000,000,000 SSX
Yesterday's Market Cap3,238,890.75 USD
Yesterday's Open / Close0.0009 USD / 0.0009 USD
Yesterday's High / Low0.000901 USD / 0.0009 USD
Yesterday's Change
0.00% ( 0.0000005 USD )
Yesterday's Volume2.00 USD
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