What is SingularDTV?
SingularDTV empowers artists and creators with the necessary management tools to develop and distribute their projects.
The network intends to build a suitable rights management regime, project funding mechanism as well as peer-to-peer distribution. The platform deploys the Ethereum smart contracts and the ERC-20 S-DTV tokens facilitate transactions. Therefore, the platform uses the efficiency of the blockchain to create an ecosystem that could reshape the entertainment industry.
Notably, centralized management also features to a limited extent. The network is a centrally organized distributed entity or simply CODE. The centralization is to the extent of distribution of tokens but there is decent decentralization because of the crowdfunding necessary to operate CODE.
That said, the shareholders receive a dividend from the platform profits. The sharing of equity among token holders as well promotes decentralization. Finally, there are a total of 600 million SNGL with a billion in total circulation.