Leading global Blockchain-based “Music Platform” SOMESING has established a groundbreaking partnership with DWF Labs, a prominent global Web3 investor. This strategic partnership not only signifies DWF Labs’ additional capital infusion but also outlines ambitious plans for the creation of “Singverse (Sing+Universe)”. This innovative venture aims to unite individuals on a global scale through the universal language of music.
Objective of the DWF Labs SOMESING Collaboration
This collaboration builds upon DWF Labs’ successful investment from last year, solidifying their commitment to the global music sharing platform. Recognized as a significant player in the global digital asset market, DWF Labs has reaffirmed its expertise as a high-frequency cryptocurrency trading firm. With its presence among the top 60 exchanges in the cryptocurrency world, DWF Labs is focused on leveraging its extensive global networks and resources to support the growth of the SOMESING ecosystem.
Fundamentally, the SOMESING platform provides a dynamic space for users worldwide to freely express themselves by singing their favorite melodies and enjoying top-notch recordings from other users without any cost. What sets SOMESING apart is its meticulously designed token economy, which seamlessly operates through smart contracts embedded in the Blockchain network, providing transparent and fair rewards for content creators.
Global-Scale R&D Efforts
A SOMESING representative emphasized the significance of this collaboration, highlighting SOMESING’s continuous R&D efforts on a global scale, based on DWF Labs’ strategic investment. Furthermore, it was stated that SOMESING is implementing a localization strategy for global expansion and is ready to enhance user experience by fostering a partnership to create a Web3-based Singverse.
Another important aspect mentioned in the representative’s statement is related to the project’s token, SSX, as a result of the collaboration with DWF Labs. Listing the token on global CEX/DEX platforms was among the primary objectives. Following this development, the cryptocurrency SSX experienced a significant increase in price. At the time of writing, the SSX price is trading at $0.023, reflecting a 12% increase.
