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Price
$0.0209
10/1/2022, 6:28:26 PM
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Market

Market stats

Market cap

$55.9M

Volume (24h)

$294,096.27

Circulating supply

2.7B SSX

All time high

$0.29

Price change (1h)

0%

Price change (24h)

-0.91%

Price change (7d)

-4.69%

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SOMESING is on the decline this week.

The price of SOMESING has fallen by 4.69% in the past 7 days. The price declined by 0.91% in the last 24 hours. In just the past hour, the price shrunk by 0.00%. The current price is $0.020898 per SSX. SOMESING is 92.79% below the all time high of $0.29.

The current circulating supply is 2,676,479,879 SSX.

About

What Is Somesing (SSX)?

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:

  • Singer or the creator gets 50% of the tokens.

  • The ecosystem gets 20%.

  • 30% goes to community, network, the source of music, and copyrights. The platform aspires to create a community-specific ecosystem that can grow with its users and reward creators for their participation.

History of Somesing (SSX)

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.

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FAQ

What is the current price of SOMESING?

The price of 1 SOMESING currently costs $0.0209.

What is the market cap of SOMESING?

The current market cap of SOMESING is $55.93M. 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 $294.10K.

What other assets are similar to SOMESING?

Assets that have a similar market cap to SOMESING include S.S. Lazio Fan Token, Dawn Protocol, Mdex, 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 2.7 billion.

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