SingularDTV is essentially creating a “studio in a box”, that empowers artists and creators with applications and methodologies from development of a project to its distribution. The applications we are building can be broken into 4 categories, 1.) development, 2.) production, 3.) distribution and 4.) support.

SingularDTV has more than a dozen applications in research and development, currently 3 are live.

Live Applications

TOKIT

tokit.io is a development application currently running in beta mode. It is a multi-functional, dynamic application that allows for users to create projects and onboard these projects to the blockchain, see TOKIT section for more details. It is also Vrs 1.0 of SingularDTV’s rights management gateway and includes ancillary crypto-crowdfunding capabilities designed to develop and assemble an artists/projects fan/audience base at the developmental level.

Tokit.io launched in November 9, 2017 and to date has generated approximately 1,300 ETH in revenue, (May 15, 2018). A 2 minute introductory video of Tokit can be found below:

The engine of the decentralized entertainment economy, Tokit is the platform where creators tokenize and launch projects to begin their journey in creating their own economies. It is vrs 1.0 of SingularDTV Rights Management Gateway. Tokit will become fully realized once Ethervision — SingularDTV’s peer-to-peer distribution portal launches.

To date, Tokit projects including films, musicians, DJs, and artist have raised over 50,000 ETH and created millions of dollars in value. Head to the Tokit Gallery to see all the projects currently live and concluded.

SINGULARX

SingularX is SingularDTV’s peer-to-peer, decentralized exchange for buying and selling of intellectual property and utility tokens, see SINGULARX. It is a support application for Ethervision. It launched November 11, 2017 and currently generates in between 0.5–2 ETH per day in transaction fees.

The decentralized exchange of the SingularDTV ecosystem, SingularX is where tokens launched on Tokit can be traded with leading ERC-20 tokens like ETH, SNGLS, SNGX, and CENNZ. SingularX was built in partnership with New Zealand-based blockchain venture studio Centrality.

RENTALIST

Rentalist is SingularDTV’s peer-to-peer entertainment equipment, crew hiring and location services application. It is in a private beta in the New York City market and has currently generated hundred of thousands of dollars in peer-to-peer rentals. It is scheduled to launch into a public beta sometime in 2018.

For more information on each application and the tokenmic structures of each, please refer to sections entitled TOKIT, SINGULARX and RENTALIST

The SingularDTV Tokenized Ecosystem

On October 2, 2016, 580,000 ETH was raised via a public, international launch of SNGLS tokens. SNGLS tokens represent the intellectual property developed by SingularDTV, as well as the rights and value flow of this IP. All value generated by the applications built by SingularDTV and the transaction and service fees associated by the IP generated or distributed by SingularDTV, will be administered via the SNGLS token. Through an array of different tokenomic models — revenue/reward, consumption/burn, curation market, etc., a new economy that empowers artists, creators and their audience will be realized.

The initial USD value of 580,000 ETH at the time of the SNGLS token launch was approximately $7.5m. It was the strategy of SingularDTV to keep this store of value in ETH for as long as possible. The founders were confident that ETH would continue its rise in value and because of this SingularDTV would be able to move beyond providing the original MVP of its decentralized entertainment plans. Prior to the launch of the SNGLS tokenized ecosystem, SingularDTV proclaimed it would supply 4 things in exchange for ETH raised, 1.) A rights Management Gateway (Tokit), 2.) a peer-to-peer distribution portal (Ethervision), 3.) a blockchain documentary (Trust Machine) and 4.) a sci-fi series.

To date, all 4 promises/projects have or are being delivered. tokit.io, our beta version of our rights management gateway, launched to the world in November, 2017. The beta of Ethervision, our decentralized distribution portal, is due out in the latter part of 2018, our blockchain documentary, directed by Academy Award nominated Director, Alex Winter is nearing completion and will be released with our beta or Vrs. 1.0 of Ethervision, and we have multiple sci-fi series and films in production currently.

Due to the rise in value of ETH, SingularDTV has the resources to go above and beyond its originally promised MVP. Over a dozen applications and modules are currently in development.

How Do SNGLS Tokens Generate Value?

The SingularDTV ecosystem of applications is designed to gravitate value into the SNGLS token.

SNGLS represents the “Mother” token of SingularDTV. Many of SingularDTV applications are powered by it’s own tokenized ecosystem. These tokens are “Child” tokens of SNGLS/SingularDTV. Child tokens gravitate value into SNGLS in various ways. For example, SingularX generates transaction fees. These transitions fees are administered and stored in the SNGX token — the governing token of SingularX. Because SingularDTV owns 50% of all SNGX tokens (the split of SNGX tokens is 50% to SingularDTV, 50% to Centrality), all SNGLS holders will benefit from the value generated from SNGX. This is possible through the process of airdropping SNGX tokens into the SNGLS token.

Rewards and Airdrops

It is SingularDTV’s commitment to all SNGLS token holders to share in its development and success. Various child tokens generated from the SNGLS token will be airdropped into the SNGLS token. This means all SNGLS token holder will benefit from the SingularDTV child tokens.

This airdrop concept was first tested within SingularDTV’s tokenized ecosystem when OMG airdropped tokens to ETH addresses. It was then that SingularDTV administered a re-airdrop of the OMG tokens it received to all SNGLS token holders.

May of 2018, will see the beginning of another round of rewards/airdrops administered by SingularDTV. This time it is an airdrop of SingularDTV’s SNGX tokens into SNGLS.

SingularDTV will not administer ETH appreciation pushes into the SNGLS token. SingularDTV does plan to push ETH as revenue into SNGLS at the appropriate times. This timing is contingent upon various regulatory factors and the structures SingularDTV needs to implement in order to be compliant with regulations in various jurisdictions.

ETH resources

SingularDTV maintains the following cold wallet address:

The Cold Wallet is not accessible by any one person and takes a multiple number of people that each have a unique piece of the overall key to access this value. At present, the Singular cold wallet is the 53rd largest Ethereum wallet.

It is SingularDTV’s intention to partake in staking ETH when Ethereum transitions from POW to POS. If the staking architecture is deployed and successful, SingularDTV plans to utilize any value flow from staking for the purpose of continued development.

PARTNERSHIPS

Centrality

A leading blockchain venture studio in the Asia-Pacific region, Centrality is building a decentralized, peer-to-peer marketplace with a suite of interconnected apps that bring utility to everyday life. Centrality’s CENNZ Token Generation Event in 2018 was one of the top 10 grossing launches in blockchain history, and the studio’s 50-strong team of developers represents a key partner in building SingularDTV’s dApps and modules.

Digital MOB

The community of developers behind Bucharest-based Digital MOB has played an outsized role in both the construction and design of the Ethereum ecosystem. Digital MOB represents the Romanian wing of both ConsenSys and SingularDTV, and built and maintains the Tokit platform.

ConsenSys

Founded by Ethereum Co-Founder and SingularDTV CTO Joe Lubin, ConsenSys is a Brooklyn-based venture studio with over 50 projects, includings decentralized apps, consultatory bodies, and enterprise applications of blockchain tech.