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About SOMESING

Somesing (SSX) is a blockchain network created for singers and music lovers. Somesing works on the concept of “sing verse,” a “song universe” which connects all music lovers. The platform allows users to create music individually and in teams on a patented recording method. The content management system uses smart contracts on blockchain for security.

According to the whitepaper, Somesing plans to enhance the remix or recreation of music and employ a fair rewarding system for the users. The platform aims to work as an ecosystem for producing and listening to music, creating a unique network for music lovers. Somesing employs the power of cryptocurrency and blockchains to make music creation rewarding to the users.

Somesing operates on the Klaytn network. Klaytn is a platform that combines the advantages of both public blockchains and private blockchains through an efficient “hybrid” design. Somesing aims to design a transparent token distribution by encouraging community participation and employing a unique reward system. Somesing works on a user-centered reward system wherein the platform distributes 70% of accumulated tokens to the creators of each song.

SSX is the token offering of the platform. Each time a user creates a song, the platform creates a block, which acts as a song wallet. The SSX tokens get 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 below statistics:

The launch of Somesing (SSX) was in March 2019. A team of twenty-five members is responsible for creating the platform, with Heuibae Kim as CEO and founder at the helm. Somesing aims to distribute a total of Six Billion SSX.The whitepaper was published in July 2020.

Market

Market stats

Market cap

$2.0M

Volume (24h)

$4.5M

Circulating supply

3.2B SSG

All time high

$0.29

Price change (1h)

+0.29%

Price change (24h)

+0.14%

Price change (7d)

-18.2%

News about SOMESING

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BeInCrypto • Apr 27, 24

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BeInCrypto • Apr 27, 24

New UK Law Empowers Authorities to Seize, Freeze, Destroy Crypto

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Decrypt • Apr 27, 24

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SOMESING is on the decline this week.

The price of SOMESING has increased by 0.29% in the last hour and increased by 0.14% in the past 24 hours. SOMESING’s price has also fallen by 18.20% in the past week. The current price is $0.000638 per SSG with a 24-hour trading volume of $4.52M. Currently, SOMESING is valued at 99.78% below its all time high of $0.29. This all-time high was the highest price paid for SOMESING since its launch.

The current circulating supply of SOMESING is 3,162,989,660 SSG which means that SOMESING has as total market cap of 3,162,989,660.

FAQ

What is the current price of SOMESING?

We update our SOMESING to USD currency in real-time. Get the live price of SOMESING on Coinbase.

What is the market cap of SOMESING?

The current market cap of SOMESING is $2.02M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of SOMESING?

The all-time high of SOMESING is $0.29. This all-time high is highest price paid for SOMESING since it was launched.

What is the 24 hour trading volume of SOMESING?

Over the last 24 hours, the trading volume of SOMESING is $4.52M.

What other assets are similar to SOMESING?

Assets that have a similar market cap to SOMESING include Clore.ai, Clash of Lilliput, Electroneum, and many others. To see a full list, see our comparable market cap assets.

How many SOMESING are there?

The current circulating supply of SOMESING is 3.2 billion.

Can I buy SOMESING on Coinbase?

No, SOMESING is not currently available on Coinbase, but you can sign up to get the latest news on SOMESING and be notified when it gets added to our exchange.

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