SingularDTV

About SingularDTV

SingularDTV is pioneering the creation of a decentralized entertainment sector. In September 2019, it unveiled the inaugural Censorship Resistant Media DAO: The SNGLS DAO. This DAO is tasked with overseeing the non-profit governance framework for the SNGLS Media Distribution Protocol. Formed by SingularDTV as a separate and unbiased entity, its main goal is to maintain the principles of decentralization and to foster the development of a genuinely decentralized, community-driven, and self-evolving media distribution protocol.

Mission SingularDTV

SingularDTV is presented as a blockchain-based platform for distributing digital content. It operates as a decentralized system, featuring its own cryptocurrency, SNGLS, to support artists and content creators in the development, monetization, protection, and management of their work through blockchain technology.

Joseph Lubin, a co-founder of Ethereum and the blockchain company ConsenSys, plays a pivotal role in SingularDTV, positioning it at the forefront of the endeavor.

SingularDTV’s primary mission is to foster a flourishing decentralized entertainment sector. To kickstart the project, the initiative aimed to raise $7.5 million, setting a minimum funding target of $500,000.

How Does SingularDTV Work?

SingularDTV operates as a platform for producing and distributing content, leveraging Ethereum’s framework. Its ambition extends beyond merely crafting premium TV shows, films, and artistic works; it aims to transform the outdated mechanisms of the creative industry into a business model that is both efficient and transparent. This transformation is achievable through the implementation of blockchain technology, smart contracts, and widespread adoption. The goal of SingularDTV (S-DTV) is to produce content that is not only informative and enlightening but also serves as a source of inspiration for global thinkers.

SingularDTV stands out as part of a select group of enterprises known as CODEs, or centrally-organized distributed entities. It operates on a crowd-funded model, with “owners” or token holders sharing in its governance. These tokens, officially referred to as “SNGLS”, embody ownership in the intellectual property rights of S-DTV’s ventures in film, TV, and software.

The governance structure of SingularDTV is dual-faceted, featuring decentralized and centralized components. The decentralized aspect is anchored in the Ethereum blockchain through a tokenized Smart Contract System, with SNGLS tokens denoting a stake in the intellectual property of S-DTV. On the other hand, the centralized aspect is managed by various corporate entities responsible for overseeing the allocation of S-DTV’s resources, project execution, and overall development.

Key Elements

The platform is structured around four key elements:

• SINGULAR: This component is a sci-fi mini-series spread across three seasons, exploring themes of decentralization and technological progress within a futuristic setting.
• S-DTV DOCUMENTARY SECTION: This division focuses on creating documentary films that delve into the intricacies of Blockchain technology.
• S-DTV RIGHTS MANAGEMENT PLATFORM: This part of the platform oversees the management of digital rights, including copyright, earnings, and rental charges for the content produced and shared by SingularDTV.
• S-DTV TRANSACTION ON DEMAND VIDEO (TVOD) PORTAL: This feature facilitates the distribution of SingularDTV’s offerings via platforms like GooglePlay, Apple iTunes, and Vimeo, implementing a pay-per-view model for each video file.

SNGLS Token

SNGLS acts as the cornerstone “Mother” token for the SingularDTV platform, with numerous applications within the platform being driven by a specialized tokenized infrastructure. These applications leverage “Child” tokens linked to SNGLS/SingularDTV, which in turn enrich the value of SNGLS through a variety of mechanisms. A prime example is SingularX, which accrues transaction fees. These fees are managed and allocated via the SNGX token, which is the central token of SingularX. With a 50% ownership of all SNGX tokens (equally divided between SingularDTV and Centrality), holders of SNGLS tokens stand to gain from the value created by SNGX. This gain is facilitated through the mechanism of distributing SNGX tokens directly to SNGLS token holders via airdrops. Currently, SingularDTV maintains a total supply of one billion tokens, with 600 million of these actively circulating.

Partnerships

Centrality

Situated as a forefront blockchain innovation hub in the Asia-Pacific, Centrality is dedicated to crafting a decentralized marketplace based on a peer-to-peer model, supported by an ecosystem of interconnected applications aimed at enhancing daily utility. The 2018 CENNZ Token Generation Event by Centrality was among the most successful launches in the blockchain arena, making it a pivotal collaborator for SingularDTV in the development of decentralized applications and modules, backed by its robust team of over 50 developers.

Digital MOB

Originating from Bucharest, the Digital MOB developer community has significantly influenced the Ethereum ecosystem’s architecture and aesthetics. Acting as the Romanian extension for ConsenSys and SingularDTV, Digital MOB has been instrumental in developing and managing the Tokit platform.

ConsenSys

Co-founded by Ethereum’s Joe Lubin, who also serves as SingularDTV’s CTO, ConsenSys is a venture studio based in Brooklyn. It boasts involvement in more than 50 initiatives, ranging from decentralized applications and advisory services to the implementation of blockchain technology in business solutions.