Launched in November 2017 as a joint venture between SingularDTV and Centrality, SingularX is a decentralized exchange for tokens generated in the SingularDTV/Centrality ecosystem like SNGLS, CENNZ, AND GRMTK, as well as Ethereum-based tokens that have utility and serve a purpose like DAI and XES.

SingularX fees are 0.3% per transaction. All transaction fees are pushed to the SNGX contract in the form of ETH and tokens for storage, or to be withdrawn by holders. 10,000,000 SNGX tokens exist, split evenly between SingularDTV and Centrality.

Today, we are announcing that SingularDTV will airdrop its 5,000,000 SNGX Tokens into the SNGLS Token, and Centrality will airdrop its 5,000,000 SNGX into the CENNZ Token. The result is that all existing 10,000,000 SNGX Tokens will be airdropped to SNGLS and CENNZ holders.

A snapshot of all SNGLS and CENNZ addresses will occur on May 31st at 12:00 GMT. The airdrop itself will take place in the week following, and will take a few days to process. In order to receive your SNGX tokens, move your SNGLS or CENNZ off all exchanges and into designated wallets before this snapshot occurs. We recommend storing your SNGLS in the SingularDTV light wallet or the tokit.io wallet.

SNGX => SNGLS

5,000,000 SNGX into 1,000,000,000 SNGLS = 0.005 SNGX into 1 SNGLS. Therefore, if you have 10,000 SNGLS, you will receive 50 SNGX.

SNGX => CENNZ

5,000,000 SNGX into 1,200,000,000 CENNZ = 0.00416 SNGX into 1 CENNZ. Therefore, if you have 10,000 CENNZ, you will receive 41.6 SNGX.