That being said, this app could be done better and made more artist friendly, particularly in the area of micro-purchase fees and sound quality.

As all music becomes indie, there is a genuine demand for this app, hopefully imeem sees this potential and continues to develop it.

Furthermore, the all-in-one digital registry and fingerprinting service mean SNOCAP had a very attractive B2B platform in the future era of ad-supported music (hello imeem?).

In other words, SNOCAP wasn’t a one-trick pony.

I think SNOCAP’s inability to monetize was ultimately a result of bad-timing; the market was not ready for digital registry/fingerprinting, but it will one day soon.

Great value pickup for imeem, on the heels of their brilliant anywhere.fm pickup.

The truth is users didn’t care about p2p, all they cared about was sharing music, which is exactly what imeem is all about.

In a roundabout fashion snocap has played its part in resurrecting all the great things about the original napster, it doesn’t matter that it’s not a p2p network, or that it’s all web based, imeem has all the key elements of what made napster 1.0 great. And snocap is sitting in there somewhere checking every user’s upload for licensed and blocked content.

So the big question for the bloggers is: does this acquisition mean that imeem is becoming the new-old-napster, or is it still the ‘youtube of music’?

snocap was a failed model from the beginning. legitimize p2p? that means you are on a level playing field with itunes dude. and you’re gonna have to go out the gate with encrpted wma (at least before the labels switched to mp3). these p2p services for the most part, suck aside from the fact that the music was free. take that away and you have a team in place and a product that can no way compete with the incumbent for digital sales with a snocap powered system. snocap did an admiral job trying to change the model when the writing was on the wall that drm to compete with itunes was a dead in the water business. but a day late and a dollar short i guess.

this was investors buying into a brand name (shawn fanning) with little knowledge of the minefields in the space.

and in response to your challenge – if you think you’re so awesome, try leaving a comment with a real name.

random attacks aren’t very interesting.