Token-Driven Karaoke Platform Gets a Boost in South Korea as Pandemic Hits Over 2,100 Singing Rooms
Coronavirus-driven lockdowns and social distancing limits affect peoples way of entertaining themselves, such as going to karaoke. In South Korea, that activity is too popular, and despite the COVID-19 outbreak, the crypto industry is trying to capitalize on it. Somesing: A Blockchain-Based Karaoke App Per Fn News, Somesing, a blockchain-based karaoke app, already hit the 400,000 users‘ milestone. The figure is significant, considering that it’s doubling the user base (195,000) for the last six months. Karaokes hobby is like the norm in several Asian countries, and the coronavirus pandemic knocked down this sector heavily. In fact, according to figures published by local media, at least 2,137 “noraebang” businesses had to shut down across South Korea since the outbreak started. The number is the lowest level ever recorded, stated the Shopping Center Information Research Institute. “Noraebang” is the Korean name given to private singing rooms, translated into Western countries language as karaoke places. South Koreans have the habit of going with friends and even workmates after finishing their duties to sing in the noraebangs. Somesings platform allows people to sing along to their favorite tunes and upload them on the app. Moreover, the app rewards active users with tokens from other users or friends according to their