Singing competitions to win real cash

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Spotlite is a new free singing app where you can perform original music, karaoke and cover songs.
Is your singing streamed in real time, or is it recorded for people to check out later? I love the idea, and I'd really like to know how it works.
@alina_karnaukh Spotlite app supports video and audio recording, livestreaming and audience song request function. In short you can do both.