SingularDTV

(SNGLS) Price

$0.02990 +0.008940 (+42.65%)

SingularDTV (SNGLS) price

SNGLS - USD
  • SNGLS - USD (United States Dollar)
  • SNGLS - EUR (Euro)
  • SNGLS - GBP (British Pound Sterling)
  • SNGLS - RUB (Russian Ruble)
$0.02990 +0.008940 (+42.65%)
0.00000000 BTC (+61.32%)
Real Time Data

Market cap

$9,030,239

302,014,681 SNGLS

Volume (24H)

$262,369

8,774,881 SNGLS

Day's range

$0.01755 - $0.03000

0.00000372 BTC - 0.00000635 BTC

Last trade

5.94896740 SNGLS

livecoin $0.1208

Open price (24h)

$0.02096

52 Weeks. Low - High

$0.02000 - $0.4800

Supply

1,000,000,000 SNGLS

Max supply

1,000,000,000 SNGLS

Latest Closing Price

Open/Close in UTC time

Date Close Price Open price Volume (24H) Market Cap Day's range
Nov 13, 2018
$0.03021
$0.03020
$331,459 0 SNGLS
$15,796,272
$0.03010 $0.03021 $0.03021
Nov 14, 2018
$0.03017
$0.03021
$540,063 0 SNGLS
$12,690,337
$0.02688 $0.03021 $0.03017
Nov 15, 2018
$0.02988
$0.03017
$437,876 731 SNGLS
$11,907,972
$0.02426 $0.03021 $0.02988
Nov 16, 2018
$0.02930
$0.02988
$285,926 0 SNGLS
$11,985,968
$0.02281 $0.03000 $0.02930
Nov 17, 2018
$0.02594
$0.02930
$998,962 0 SNGLS
$12,324,550
$0.02594 $0.02930 $0.02594
Nov 18, 2018
$0.02394
$0.02594
$565,490 0 SNGLS
$13,062,333
$0.02359 $0.03000 $0.02394
Nov 19, 2018
$0.02051
$0.02394
$350,156 0 SNGLS
$10,031,853
$0.02051 $0.03000 $0.02051
More Historical Data

What is SingularDTV?

SingularDTV (SNGLS) is the first decentralized digital content distribution platform built using Blockchain technology. Its goal is to create a transparent ecosystem, where artists and content creators can manage and distribute their productions through a peer-to-peer system to their fans directly. Additionally, SingularDTV enables artists to protect their rights and royalties by issuing their own tokens.

History of SingularDTV

The Ethereum-based SingularDTV was created by Zach LeBeau, Kim Jackson, Joseph Lubin, and Arie Levy-Cohen, in partnership with the well-known ConsenSys. Their vision is to create a Netflix-like service that will enable artists to efficiently deliver their content to consumers while eliminating the need for an intermediary institution.

Its launch was initiated with an ICO in October 2016, where the company managed to raise $7.5 million in 15 minutes. Half the tokens of the maximum supply (1 million) were available in the crowd sale, while 40% was kept stored at the company’s vault and the remaining 10% was made available to the core investors.

How it Works

The Proof-of-Stake SingularDTV project is operated by a semi-autonomous system named CODE (Organized Distributed Entity) and consists of 11 modules that provide content creators with a complete suite of tools to freely build their own economy with absolute governance.

The 11 modules are:

  • Tokit
  • Decentralized Exchange
  • Codex
  • Launch Pad
  • Legal Repository
  • Production Service/Crew
  • Equipment Rental
  • Talent Management
  • Marketing
  • Union Interface
  • EtherVision

Tokit is the most important module of S-DTV. It enables artists to issue their own tokens in the S-DTV ecosystem. This way, they will have ownership of Intellectual Property (IP) and complete control of their rights, revenues, and royalties.

Other modules offer fundraising abilities to new artists, as well as an exchange where intellectual property can be traded. While token holders do not have any governance or voting rights, they can benefit from the success of a tokenized music album,  TV series, or other artwork.

By selling their tokens, artists can run an event similar to an ICO to raise funds for projects-in-development. With this said, the entertainment sector could be facing a new era, where projects will be backed and sustained by the audience directly. As the success of a project grows, the value of the tokens will rise, being mutually rewarding for the artists and the token holders.

S-DTV will also deploy the TVOD (Transaction Video-On-Demand) portal, where end users will be able to watch their favorite content.

Price Forecast & How to Buy

In January 2018, SingularDTV’s token price was $0.2853, with a market cap at $171.2 million, the SNGLS tokens are considered a good long-term investment. The project did not receive much hype or significant marketing exposure; therefore, it stayed under the radar for a while. However, as artists have started looking into S-DTV’s platforms (e.g., Grammatik), potential cooperation with a very popular artist could give a great boost to SingularDTV’s token.

SNGLS tokens can only be traded for Bitcoin and Ethereum. Therefore you should exchange your fiat money at a reputable exchange and then trade them on a cryptocurrency exchange for SNGLS.

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Type
Token
Block
Mineable
Since
Mar 14, 2017
Algorithm
N/A
Proof Type