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Somesing is developing a blockchain-based karaoke platform. The platform will serve as a social network for karaoke enthusiasts and will allow them to record and monetize their content. The Somesing network is built on the ICON blockchain network and will be powered by the SSX token.
| Tao is building a blockchain for the music industry that is specifically designed for managing ownership and licencing data. It is operated as a distributed autonomous organization (DAO) and is developing the Infiniti Protocol. The Tao platform has a Proof-of-Stake (PoS) consensus mechanism and will allow cross-chain transfers of information through what they call Object Relational Mapping (ORM). One of the central aspects of the Tao platform is the concept of an Initial Artist Offering (IAO), which allows individual artists to issue digital tokens that will be based on Fame Demand and Fame Potential metrics. The platform is powered by the XTM coin.
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