SOMESING (PreICO)

Team and Advisors are great consists of good mixed up domain and technical experts
Whitepaper is comprohensive explained concept well and business details for investors
Liked the concept - karaoke apps are getting popular on social media and rewarding through blockchain will be a good idea.
Prototype is acceptable.

Valid and convincing use case for the blockchain. Highly commercial project and team has the track record necessary for a project of this scale and deployability. Will follow the measured progress.

Very strong management team backed by an equally strong advisory team.

I cannot find the app in App Store or Google Play. Is it live yet? Or is there a MVP that we can test run?

All the best!

1. Too many team members and advisors lack of linkedin profile. Hard to check KYC.

2. The product start development from 2016, please provide App download link or MVP

3. Too many similar competitors. "Please explain why SOMESING?"

4. I don't think music content store in blockchain is a good idea today. Blockchain storage is a very expensive. I recommend project team do a feasibility study on this?

Most of team members and advisors impossible to check (no LinkedIn profiles)

Idea not a new. A few projects already did it before.

I don't see apps on Google Play etc. Don't see a product!
Without these and without big qty of downloads project will be unsuccessful

The karaoke market is of course huge all over Asia, so this is a product to watch closely. The concept is quite simple, rewarding people through blockchain for getting involved. I'm looking forward to seeing how the Asian platform launch goes in Asia in Q2.

The team is experienced and solid. I like advisers and notable partnerships. Karaoke Apps are very popular and very good way to interact and have fun with your friends and family. The project is familiar with this industry and understands customer psychology and market size is huge. Whitepaper is detailed. Team need to get more people on social media to get best out of the product. Best of luck team.

he karaoke market by Asia is huge, according to the announcement of the Digital Content Association, karaoke sales total 5.8 billion USD in total of Karaoke popular Japan and Korea.
Karaoke is popular all over Asia and this popularity is spreading to the world.
As a background to support such markets, there are facts that the growing Asian content industry and IT related industries have further business possibilities. In Asia, there are plentiful Asian origin and Asian origin content assets, which have international competitiveness, and one of them is karaoke.
The project is familiar with this industry and understands customer psychology and market size well.
Governance is democratic and technology is complete.
I would like to support a project specialized in the industry like this.

Proven concept that can be tokenized quite easily, would see this working especially in a market like South Korea. Hard cap of 30M is a bit too high in this market, but with the connections of the company looking at the advisors I may be wrong. Would be great too if the team had their LinkedIn profiles all set up especially for the management team so we can see any relevant experiences or past success stories.

Found the concept extremely innovative and I believe the final product will achieve much traction especially in East Asia.

The tokenomics is well designed. The team should expand to include more global advisors who can help to facilitate penetration into various markets.

To be true, I have never seen something similar. The idea is interesting, but what is the reason for implementation blockchain technology in this product. What is the token value, just a utility token?

The team is experienced and solid enough. I like advisers and notable partnerships. It would be great if you will find more partnerships in the music industry and collaborate with them during the ICO.

Inflation ecosystem model seems pretty good. But tokenomics is poor... Token Allocation - 10% for sales bonuses is a significant amount that will surely cause a dump. I want to suggest you adding information about lock-up terms or vesting for team allocation.

For sure Korean ICO market is completely different from European ICO market and maybe you will succeed there.

I believe SOMESING’s concept is innovative, and under normal circumstances, it should succeed especially in East Asia where it is based.

SOMESING’s ICO starts 14th January 2019 and ends on 28th February 2019, and 1 SSX goes for 0.01 USD and the innovative strategy behind this ICO gives it an edge. Also, the team looks well set up, and their advisors are all quite capable.

SOMESING’s soft cap and hard cap are at 10,000,000 USD and 30,000,000 USD respectively which is a good start for this ICO. However, the tokenomics needs working on, and the high value of the hard cap might pose a challenge in my opinion.

Good team and marketing. However I'm not sure blockchain technology is needed here. Check your legal documents and ICO terms. Considering the fact you are going to Singapore you will probably have a lot of issues regarding that. Besides a lot of info on your website isnt actual, please check.

My respectful congratulations to the team - amazing and very useful for all the folks think - SINGING! I also love music, love singing, see aroung how much people also likes that - you gonna create very massmedia product. Very good approach, perfect view and right virtualization upon new technologies wich now affordable to anyone. Let's rock the SING!

This is an interesting project, that caters for a fairly large niche market. The whitepaper is rather detailed and well written. They have a fairly large team with a diverse skill set which does help when it comes to implementation.

Team looks good but product seems have lot of competitors. Good to see they are utilizing ICO platform for tokenization. MVP is not available and hard cap seems to be high so it will be quite difficult to raise funds especially in this low market.
Fund allocation plan isn't mentioned on the website.

the Project is of music Industry thus its having huge scope without boundaries.

Mixture of technical and infrastructure knowledge can be seen in team and advisors expertise which makes team more capable.

Tokenomics is well designed but hardcap is more as compared to required. good luck

The idea and industry is great - karaoke is huge especially in South Korea, where the team is mostly based in. The team has good previous experience in the space, with notable advisors.

Drawbacks:
High hardcap (re-valuation in process), payment method limitations (only ICX).

As the development of internet network and smart devices
progresses, the Karaoke application has founded the platform for
the Karaoke market by providing easy access and availabilities to
many countries, especially in which the Karaoke culture has not
been initially present. Currently, many Karaoke application
products have launched globally, and the number of users are
estimated at around 500 million

Team
Great team working in the entertainment industry. Maybe a singer star endorsing the project would push visibility to the next level...

Product
Product is still at the early stage however the idea is in there.

Business Strategy
Good long term vision

Resiliance
Great presentation style, understanding of the entertainment industry, collaborations with players in the industry

SOMESING is a social music service that incorporates blockchain technology so that producers can get rewards for creative activities that everyone can enjoy their favorite songs and recreate the songs.

Team members and advisers lack of linked in profile. No MVP. Video Missing?
Blockchain storage is not yet a easy and cheep option to store large files.

This is not the first project in music service and blockchain, but in Karaoke it is.
They have strong team.
Be careful not to copy and paste Tik Tok for Karaoke.

Great team but none have linkedin. The presentation of the project seems very consistent and well organized. I tried downloading the app but I could not. But a challenge will be to implement in blockchain I think this will be crucial to the project.

The team seems to be pretty good.

I have serious doubt about the business model, at least in the European market, of course in the Asian market could work better.


MVP? The link brings you to their advertising video...

Good whitepaper bur very heavy, I suggest reducing the size or quality.

High competition.