SingSing Whitepaper
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Vote and Earn v1

V1 was operated in Test-net phase and closed on September 13, 2022

Mechanism

Each day, the SingSing system will automatically select 2-5 songs performed by the system's karaoke participants.
Users will participate in voting by spending Ruby tokens.
The exchange value is 1 vote point = 1 Ruby token. The limit for each account when voting is 300 Ruby for a cover song in the voting list.
Voting will run from 01:00 UTC to 15:00 UTC every day.
The system will choose the 1 song with the most votes to win. Those who vote for that song will be the winners.
Results will be announced at 15:30 UTC of the day and by 1:00 UTC will be reset for the next day's event.
The winner's reward pool comes from the revenue of votes from 4 songs that didn't win.
Pool rewards will be divided as follows:
70% for voters who win 20% for those who sing the song 10% for SingSing system

How to Play

Step 1: Participants will choose to listen to songs for evaluation.
Step 2: Participate in voting with Ruby token, 1 point = 1 Ruby. The more Ruby used to vote, the higher the score and the more likely the song will win. The limit for each account when voting is 300 Ruby for a cover song in the voting list.
Step 3: Wait until 15:30 UTC (22:30 Vietnam), the winning result will be announced. Then user can claim reward.