The short answer is yes. Here’s the all-inclusive version: SingularDTV is unique in dozens of ways and breaking barriers in the entertainment industry. The company’s platform was created specifically to streamline the distribution and production of artistic content and entertainment by using smart contracts and blockchain technology.
Overview: The CORE of SingularDTV
SingularDTV is one of a handful of business structures known as COREs, or centrally-organized distributed entities. The main entity is crowd-funded and shared by “owners,” i.e., token holders. The official name of SingularDTV tokens is “SNGLS” and more information can be found on CoinMarketCap.com regarding the token, it’s price, and what exchanges it can be bought or sold on.
Unlike old-fashioned share-holders, token-holders don’t have any say in how the organization is run. Thus, the new business model: a crowd-funded entity with centralized management and non-participating, decentralized, token-holding members.
SingularDTV is a content production platform and distribution system based on Ethereum’s architecture. The aim is not just the creation of high-quality television, motion picture, and creative content, but the restructuring of an antiquated creative industry into a smarter business process which is both fair and transparent. All can be made possible with the use of smart contract systems, blockchain technology, and adoption.
According to Cryptocompare.com, SingularDTV will distribute a finite total of 1 billion tokens, with half being sold to the crowd, and the rest retained by the company or distributed to original investors.
Attractive “SNGLS” Get All the Attention
For some investors, the value of $SNGLS (SingularDTV’s cryptocurrency) is where the attention is right now. According to the site CoinMarketCap.com, the current market capitalization of SingularDTV is $77.56 million today with a circulating supply of 600 million tokens, each worth approximately 12.7 cents at the time of publishing.
The SingularDTV “Lightwallet” allows users to manage their tokens with ease. The wallet was developed so users can transfer and store both Ethereum and $SNGLS tokens.
Here’s a short video that shows in detail how to use the SingularDTV Lightwallet:
Cryptocurrency Meets Art & Creativity: Combining Worlds
For SingularDTV, it’s about artists and content creators working outside the traditional media structure, one that often pulls revenue from artists and puts content creators at the end of the line. With SingularDTV, their decentralized system lets writers, musicians, painters, and any content creator, monetize and protect their own original work.
There are no intermediaries, bank committees, or gatekeepers of any kind. Bitcoin Magazine notes, the real beauty of blockchain technology is its transparent distribution and production systems for media. The venture production studio known as ConsenSys works alongside an Ethereum-based framework to operate a tokenized environment that deals in the platform’s own cryptocurrency, $SNGLS. This ingenious structure gives creative participants total control over how their content is monetized and distributed.
SinglarDTV’s CEO, Zach LeBeau, foresees in the near-future artists being free of constraints with respect to generating and controlling their own profits which is a common challenge in the traditional entertainment and arts communities today.
Zach LeBeau – “The Man Behind the Curtain”
Whenever a new-wave business model is introduced, everyone wants to know who’s behind it. SingularDTV’s CEO Zach LeBeau, a trilingual (English, Japanese, and Hungarian) innovator who spent nearly two decades traveling the world, creating top-selling world music, and writing a novel. His experience with dozens of different forms of business and organizational structures was his primary training for developing the breakthrough concepts behind SingularDTV. Read more from Zach LeBeau in this exclusive Q&A featured on Medium.
LeBeau’s long-term goal is to build “a sustainable entertainment economy” but he plans to do it the slow-but-sure way, rather than in an overnight rush. His use of the term “decentralizing mindset” explains more about the company than any financial projection or whitepaper could showcase.
It’s about establishing momentum, according to SingularDTV’s CEO. “Growing too quickly could mean growing in the wrong way,” he has famously said, and that would go against every principle he holds as he founded the company “to build a decentralized entertainment industry that empowers creators.”
The “Three Wave Rule” for SingularDTV Apps
SingularDTV’s Zach LeBeau explains the “Three Wave Rule” of the company’s applications in a short discussion on Medium.com, pointing out that development is wave one. This includes apps that “help develop and fund projects.” Wave two is all about production, and apps that help creators produce their projects. Wave three encompasses all things distribution, and applications that, according to LeBeau, let “audiences around the world… watch, read, listen to and experience content.”
The Singular Future of SingularDTV
SingularDTV is an organization that’s leveraging smart tech components, new-age financial structures, and creating its own masterpiece: a decentralized entertainment universe where creators call the shots which solves major problems in the entertainment industry.
