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Ratings SOMESING

Music Service - Karaoke App

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. Everyone who loves singing can sing all songs free of charge 24 hours a day, 365 days a year and can receive economic reward through gifts, supports, and events through the community about newly created song content. If you post your own song in SOMESING, a song wallet will automatically be formed, and Coins(SSX) will be accumulated in various ways including gifts, supports, and events in this song wallet. After a certain period of time, you will automatically distribute the coins that you have accumulated in your song wallet to the participants who have enjoyed this song and have contributed to it through smart contract.

4.1
25 24 expert ratings
Benchy 3.9
KYC
Experts
4.3
4.1
3.9
Review: download now PRO
Unknown
Token
SSX
Type
Price
1 SSX = 0.01 USD
Bounty
MVP/Prototype
Platform
Accepting
ICON
Minimum investment
300 ICX
Soft cap
5,000,000 USD
Hard cap
9,000,000 USD
Country
Whitelist/KYC
KYC
Restricted areas
USA, China
Visit ICO website
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Ratings

All ratings published on ICObench serve informational purposes only. ICObench does not provide investment forecast, recommendations or any consulting for that matter. Thus, neither ICObench, nor the experts can be hold responsible for the visitors’ investment decisions. Read more
Paresh Masani
Executive Director | Project Lead | Developer | Influencer | Advisor | Blockchain Lover | Influencer | Strategy and Vision Execution
Rated on Dec 21, 2018
5
5
4
5%

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.

+5Agree
+3
-2Disagree
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Ken YoonICO team member replied on 24 Dec 2018
Thanks for reviewing our project.

And thanks a lot for understanding what we want to show. We will try to make everyone enjoy singing through the block chain technology. Keep watching our project.
Jeremy Khoo
Group CEO | Blockchain Entrepreneur | VeChain ICO Partner | Fund Partner | Exchange Founder | Singapore
Rated on Feb 14, 2019
5
5
5
5%

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.

+3Agree
0
-3Disagree
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Hung Chih (Jason Hung)
Cofounder of International Consensus Association | Investor Relation | China Market
Rated on Jan 6, 2019
Modified on Jan 6, 2019
3
3
2
5%

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?

+3Agree
0
-3Disagree
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Ken YoonICO team member replied on 28 Feb 2019
Thanks for reviewing our project.

Today our beta app was launched !
You can download here !
https://play.google.com/store/apps/details?id=com.ssx.somesing

Plz check out our beta service :)
Clemen Chiang
Ph.D. | CEO | FinTech in Stocks | Blockchain in Cryptos | Author of Amazon Best Sellers in Online Trading
Rated on Feb 14, 2019
Modified on Feb 14, 2019
5
5
4
5%

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!

+2Agree
-3
-5Disagree
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Ian Scarffe
Blockchain Consultant, ICO, IEO, STO Advisor. Founder at Crypto Consulting and Investments LTD.
Rated on Jan 11, 2019
Modified on Jan 11, 2019
5
5
4
5%

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.

+19Agree
+18
-1Disagree
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Nozomu Nakazato
Blockchain consultant
Rated on Dec 18, 2018
5
4
5
5%

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.

+13Agree
+10
-3Disagree
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Ken YoonICO team member replied on 18 Dec 2018
Thank you for reviewing our project.

As you mentioned, we think that the online karaoke platform will spread and influence all over the world, especially in Asia. And our team has a lot of experience and understanding of these services and customers. Thank you for your understanding of what we want to do. Please keep watching our project.
Krutesh Shah
Enterprenuer | CEO | ICO Advisor |Investor | Blockchain Enthusiastic | Public Speaker
Rated on Dec 22, 2018
5
5
5
5%

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.

+6Agree
+2
-4Disagree
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Ken YoonICO team member replied on 24 Dec 2018
Thanks for reviewing our project.

As you mentioned, the Market is huge and there is a lot we can do. We want to make a change in the music service market through aggressive global launch.
Please keep watching our project.
Nikolay Shkilev
PhD | Entrepreneur | CEO | ICO Advisor | Crypto enthusiast | Blockchain expert | Public speaker | Mentor
Rated on Feb 24, 2019
3
3
2
5%

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

Agree
-1
-1Disagree
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Ken YoonICO team member replied on 28 Feb 2019
Thanks for reviewing our project.

Today our beta app was launched !
You can download here !
https://play.google.com/store/apps/details?id=com.ssx.somesing

Plz check out our beta service :)
Daryl Naidoo
Founder-Promethean Dynamics |Blockchain Advisory Council |Alliance of Blockchain Professionals |Blockchain Association of Africa |Bitnation Ambassador
Rated on Jan 30, 2019
Modified on Jan 30, 2019
4
4
4
4%

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.

Agree
0
Disagree
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Irwin Chee
ICO Advisor | Blockchain Enthusiast | Venture Capitalist
Rated on Dec 13, 2018
3
4
4
4%

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.

+5Agree
+5
Disagree
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Ken YoonICO team member replied on 16 Dec 2018
Thanks for reviewing our project.

It is now a bear market, but the cryptocurrency market is becoming more difficult to predict. But I believe there is a good possibility if our project shows something substantive. We will continue to update LinkedIn's company profile and team members' content. I hope you keep getting interested.
George Han
ICO Advisor
Rated on Dec 16, 2018
4
5
5
4%

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.

+1Agree
-3
-4Disagree
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Ken YoonICO team member replied on 17 Dec 2018
Thank you for understanding exactly what we want to do.
We will launch a global launch in March next year based on k-pop. Please keep watching.
Vlad Skakun
Co-Founder and CFO at CryptoDiffer | Investor| Marketing Specialist| Senior Analyst at Venture Fund
Rated on Dec 12, 2018
4
2
3
4%

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.

+4Agree
+3
-1Disagree
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Ken YoonICO team member replied on 16 Dec 2018
Thanks for reviewing our project.

Our team estimates more than 500 million users of online karaoke platforms, especially in Asia, the demand is explosive. As you mentioned, our official FAQ will be released soon including lockup policy of team&others allocation.

I hope you keep getting interest.
Sergey Sevantsyan
International Public Keynote Speaker, Blockchainer, Adviser, ICO Supervisor, Investment Relations and International Community Relations Manager
Rated on Dec 19, 2018
5
5
5
4%

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!

+2Agree
0
-2Disagree
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Ken YoonICO team member replied on 21 Dec 2018
Thanks for reviewing our project.

As you say, It is an easily understandable business area.
We want to be a project that easily connects the block chain with the real world through SOMESING App. Please keep watching us.
Giovanni Casagrande
ICO Advisor and Growth Hacker
Rated on Dec 20, 2018
4
4
3
4%

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.

+3Agree
+3
Disagree
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Ken YoonICO team member replied on 24 Dec 2018
Thanks for reviewing our project.

As you mentioned, we will solve the problem with Tokenomics and HardCaps with the update of the whitepaper and the various seminars. We are working to deliver realistic services through the launch of our apps. Stay tuned.
Dmitry Machikhin
IT entrepreneur and investor
Rated on Feb 7, 2019
5
4
3
4%

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.

Agree
0
Disagree
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Ken YoonICO team member replied on 28 Feb 2019
Thanks for reviewing our project.

Today our beta app was launched !
You can download here !
https://play.google.com/store/apps/details?id=com.ssx.somesing

Plz check out our beta service :)
Yogesh Trivedi
Blockchain Technology, eCommerce, Agile Software Development Consultant
Rated on Feb 4, 2019
4
3
3
3%

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.

Agree
0
Disagree
Report
Ken YoonICO team member replied on 28 Feb 2019
Thanks for reviewing our project.

Today our beta app was launched !
You can download here !
https://play.google.com/store/apps/details?id=com.ssx.somesing

Plz check out our beta service :)
Sayali Joshi
BLOCKCHAIN EXPERT, ICO and STO Marketing and fundraising consultant
Rated on Dec 26, 2018
4
4
3
3%

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

+3Agree
+3
Disagree
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Ken YoonICO team member replied on 27 Dec 2018
Thanks for reviewing our project.

As you mentioned, music industry has no boundaries like age, race, nation.
We believe that the world will be more connected through our project. Stay tuned.
Ravi kash
Blockchain Expert | Fintech Consultant | ICO, STO, IEO Adviser |PR and Marketing Expert
Rated on Jan 16, 2019
4
4
4
2%

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.

Agree
0
Disagree
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Sun (Kevin) Kim
Blockchain Research Analyst
Rated on Dec 13, 2018
4
3
5
2%

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).

+4Agree
+4
Disagree
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Ken YoonICO team member replied on 16 Dec 2018
Thanks for reviewing our project.

We are going to increase the number of users by launching realistic services right away. I want to make a difference in the world through aggressive marketing in Entertainment Business. I hope you keep getting interest.
Giovanni Silvestri
Software engineer with passion for finance and the virtual currency industry
Rated on Dec 23, 2018
Modified on Apr 15, 2019
4
5
4
2%

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

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

+4Agree
+4
Disagree
Report
Ajit Kumar Jain
ICO and STO Legal and financial Advisor
Rated on Jan 3, 2019
4
3
5
2%

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.

+1Agree
0
-1Disagree
Report
Julien Trottier
ICO Advisor Researcher and Analyst
Rated on Dec 21, 2018
Modified on Dec 21, 2018
5
4
3
2%

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.

+3Agree
+3
Disagree
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Ken YoonICO team member replied on 27 Dec 2018
Thanks for reviewing our project.

We will make an online karaoke platform based on the ecosystem we have designed. We think that through our project, more and more people will be able to enjoy songs easily and comfortably for free. Stay tuned.
Michele Costa
Entrepreneur | Crypto Investor| Blockchain Content Writer |
Rated on Jan 31, 2019
4
3
3
1%

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.

+1Agree
+1
Disagree
Report
Ken YoonICO team member replied on 28 Feb 2019
Thanks for reviewing our project.

Today our beta app was launched !
You can download here !
https://play.google.com/store/apps/details?id=com.ssx.somesing

Plz check out our beta service :)
Erysson Souza
ICO Expert
Rated on Feb 27, 2019
Modified on Feb 27, 2019
4
4
4
1%

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.

Agree
0
Disagree
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Ken YoonICO team member replied on 28 Feb 2019
Thanks for reviewing our project.

Today our beta app was launched !
You can download here !
https://play.google.com/store/apps/details?id=com.ssx.somesing

Plz check out our beta service :)
Benchy
ICO analyzer bot
3.9
12%

Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.

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