Blockchain Cryptocurrency Latest News

Top 10 ICOs to Watch in April: #7 Somesing

Soundcloud has seen tremendous success with its social music service model. Somesing is here with a social music service based on blockchain, making a decentralised model of such service available in the cryptocurrency market.

The platform adds new songs every day using a studio-grade recording system. Users have the facility to share their music with people all around the world with a personal studio in their rooms. Music creators are rewarded in accordance with the activity occurring on their uploads. For musicians looking for a platform to express their creativity and reasonable compensation, Somesing could be the right platform for them.

Somesing also provides more than 400,000 Karaoke covers across various genres. The songs as well as the earnings of a user are stored in a Somesing wallet. Somesing chose ICON blockchain for its operations. The team is based in Singapore with professionals covering all departments of a well-established company. The only drawback of such social-based projects is that the ecosystem needs content creators as well as content users in order to succeed. Thus Somesing has to focus essentially on its marketing campaigns. If the company manages to build a large community which companies like SoundCloud and TikTok that has managed to build on centralised models, then Somesing can be a huge success in coming years.


  • Editorial Director of the The Fintech Times

Related posts

Consorzio CBI and Nexi launch PSD2 Compliance Platform CBI GLOBE

Manisha Patel

SWIFT kicks off pilot for global payments innovation initiative

Manisha Patel

Morgan Stanley Launches Encrypted Document Sharing Portal for Clients

Jason Williams