SingularDTV Coin is the native cryptocurrency of the SingularDTV platform. SingularDTV defines itself as a platform based on the belief that decentralization is a significant element in the evolution of humankind. The platform aims to eliminate intermediaries in the entertainment world and prevent high fees.
In line with this goal, SingularDTV is creating an infrastructure to programmatically place intellectual property on blockchain data fields and to track and manage the rights, income, and value flow of this intellectual property.
What is SingularDTV (SNGLS)?
SingularDTV (SNGLS) is a cryptocurrency based on Ethereum. The platform behind the token, SingularDTV, is a Blockchain film and television studio and distribution portal. The platform’s aim is reportedly to create high-quality, original film and television content initially focusing on documentaries and the science fiction genre.
On the other hand, SingularDTV is described as a content production platform and distribution system based on Ethereum’s architecture. The goal is not only to create high-quality television, cinema films, and creative content but also to restructure the old creative industry into a smarter business process that is both fair and transparent. According to statements, all these are made possible with smart contract systems, blockchain technology, and adoption. The mission of SingularDTV (S-DTV) is to create informative, enlightening, and inspiring media for global pop thinkers.
Additionally, the decentralized component of this governance model lives on the Ethereum blockchain as a tokenized Smart Contract System. These tokens are called SNGLS and represent a share in S-DTV’s Intellectual Property (IP).
According to statements, the platform has four components:
- SINGULAR: A science fiction mini-series consisting of three seasons about decentralization and technological advancement in a futuristic environment.
- S-DTV DOCUMENTARY SECTION: A unit responsible for the production of documentary films on Blockchain technology.
- S-DTV RIGHTS MANAGEMENT PLATFORM: A platform managing the digital copyright, profit, and rental fees of all content produced and distributed by SingularDTV.
- S-DTV TRANSACTION ON DEMAND VIDEO (TVOD) PORTAL: A portal for distributing SingularDTV content through GooglePlay, Apple iTunes, and Vimeo, charging for each video file on a pay-per-view basis.
SNGLS Coin Analysis
SNGLS is considered a reliable cryptocurrency as it has been in the market for a long time. Additionally, investors seem to have positive thoughts about SingularDTV Coin in the long term.
However, it is also observed that although SNGLS Coin reached very high numbers initially, over time it traded at lower and less volatile numbers. To understand these evaluations more clearly, it would be beneficial to look at the current and historical data of the coin.
According to CoinMarketCap, SingularDTV is ranked 726th in market capitalization with $5,070,171. At the time of writing, SNGLS Coin is trading at $0.0083 with a 24-hour trading volume of $667,790 USD. Additionally, SingularDTV (SNGLS) saw its lowest level at $0.0026 on March 13, 2020, known as “Black Thursday,” and broke its all-time high on January 7, 2018, at $0.4780.
In addition, it is stated that there are currently 600,000,000 SingularDTV in circulation and the total supply of SingularDTV Coin will be 1,000,000,000.
How to Buy SingularDTV Coin?
SingularDTV (SNGLS) can be quickly and easily purchased through Binance, the world’s largest cryptocurrency exchange by trading volume. It’s worth noting that SingularDTV Coin was listed on Binance on September 18, 2017, and is currently available in SNGLS/BTC and SNGLS/ETH trading pairs.
