SingularDTVThis is the approved revision of this page, as well as being the most recent.
SingularDTV (SNGLS) is a blockchain film and television studio & distribution portal.
ICO start date: 2016-10-29
SingularDTV's (S-DTV) mission is the creation of informative, enlightening and inspiring media for the thinkers of the global pop. It is a blockchain and Ethereum-based production and distribution platform: creating high-quality, original film and television content, initially focused on documentaries and the science fiction genre.
More information in the project whitepaper: https://singulardtv.com/resources/default/pdf/SingularDTV%20CODE_Summary%20Overview.pdf
SingularDTV is an entertainment Studio of the blockchain enabling a decentralized entertainment industry. Building on the future of rights management, project Finance, and peer-to-peer distribution, the SingularDTV platform enables artists and creators to use powerful tools to manage projects from development to distribution.
- SNGLS are Ethereum-based tokens, which are shares in the SingularDTV platform, which consists of four parts:
- 'SINGULAR' is a science fiction mini-series about decentralization and technological development in a futuristic setting, consisting of three seasons.
- S-DTV DOCUMENTARY DIVISION – the unit responsible for the production of documentary films on blockchain technology.
- S-DTV RIGHTS MANAGEMENT PLATFORM – the platform to manage digital copyright, profit and fee for rental of all content produced and distributed by SingularDTV.
- S-DTV TRANSACTION VIDEO-ON-DEMAND (TVOD) PORTAL – the portal to distribute content SingularDTV through GooglePlay, Apple iTunes and Vimeo on demand pay for view each individual video file.
The project SingularDTV stated as built on the blockchain the platform to distribute digital content. As a decentralized system, SingularDTV with its own cryptocurrency SNGLS is designed to help artists and content creators create, monetize, protect and manage their creations with the help of blockchain technology.
The ultimate goal of SingularDTV is to create a "thriving industry of decentralized entertainment", and to launch the project it was planned to attract $7.5 million with a minimum investment goal of $500,000.
As a result, the goal was achieved, and it was done very quickly, what the team SingularDTV reported on Twitter.
SNGLS tokens, however, are supposed to be used only for dividend distribution, while project management is centralized — 40% of tokens will belong to SiIngular DTV GMBH.
A more important question, however, arises as to the "legitimacy" of such fast crowdsales. The main objective of decentralized systems in order to avoid concentration of power in one hands should be to attract as many investors as possible. As far as this statement can be called true in the case of SingularDTV, given the active participation of representatives of Ethereum, it is difficult to say. At least, the explanation from the creators of the project will clearly not be superfluous.
Earlier, the project team promised when you reach $7.5 million to distribute collected means a range of products, including the creation of the television series SINGULAR — an epic science fiction adventure television series about decentralization, scaling, and the appearance of conscious systems, which direct mankind to the technological singularity. It is planned to allocate $3.25 million for its creation.
Also in the team's plans for the creation of the portal video-on-demand (TVOD) and platform rights management. The second would be an application based on smart contracts for accounting and management of digital rights as well as income and royalties from intellectual property. Technical description of these two projects at the moment, however, no.
Let us remind you that the eSports platform FirstBlood, created on the basis of Ethereum, also carried out a rapid crowdfunding campaign, collecting $5.5 million in a few minutes.
SNGLS market cap on 12 OCT 2017: $87,465,000
SNGLS price on 12 OCT 2017: $0.145775