Max Supply --- 1,000,000,000 SNGLS
🏗️ Platform ------- Ethereum
SingularDTV is laying the foundation for a decentralized entertainment industry. The SNGLS DAO will provide the non-profit governance layer for the SNGLS Media Distribution Protocol. Established by SingularDTV as an independent and objective organization to guide the development of the protocol, the prime directive of the SNGLS DAO is to uphold the tenets of decentralization and build a truly decentralized protocol.
SingularDTV’s SNGLS DAO is the next step in the development of a decentralized entertainment industry powered by blockchain. 2020 represents an exciting new phase in achieving this goal — the launch of the SNGLS Media Distribution Protocol.
The native token of the ecosystem will be SNGLS. The SNGLS token will be used in the DAO for voting rights to approve or deny proposals for upgrading the protocol, amount for listing/upload fees, and Treasury control. SNGLS will also be stakeable in the Content Mining operation which will decide what gets listed on the platform and what doesn’t.
The SNGLS DAO will provide the non-profit governance layer for the SNGLS Media Distribution Protocol. Established by SingularDTV as an independent and objective organization to guide the development of the protocol, the prime directive of the SNGLS DAO is to uphold the tenets of decentralization and build a truly decentralized protocol.
The global video streaming market size was valued at USD 36.64 billion in 2018 and is anticipated to expand at a CAGR of 19.6% from 2019 to 2025.Innovations, such as block-chain technology and Artificial Intelligence (AI) to improve video quality are expected to boost the growth. AI is playing an important role in editing, scoring, cinematography, voice-overs, scriptwriting and most aspects of video production. Various providers use AI to improve content quality. Popularity of online streaming over media such as Netflix and YouTube is likely to rise in near future. Moreover, rapid adoption of mobile phones owing to the rising popularity of social media platforms and digital mediums for activities such as marketing and branding is projected to further fuel the market.
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