Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Media & Entertainment Tech Outlook
A decentralized entertainment ecosystem has been introduced to govern the world's first Media Distribution Protocol powered by the Ethereum blockchain.
FREMONT, CA: A decentralized global distribution platform, SingularDTV, has launched snglsDAO, which is a decentralized autonomous company built to govern the world's first Media Distribution Protocol that is powered by the Ethereum blockchain. In development by SingularDTV, the protocol and DAO work together to resist censorship, revenue, and data obfuscation that content creators experience on platforms such as YouTube, Spotify, and Netflix. The snglsDAO provides the protocol with a democratic governance system that is powered by SingularDTV's programmable token, SNGLS.
SingularDTV's ultimate goal is to give content creators control over their intellectual property along with the money generated during the distribution process. Initially, SingularDTV launched the protocol's first decentralized application, the blockchain-powered streaming platform, Breaker, which was the pioneering streaming platform to test the interoperability of the snglsDAO and the SNGLS Media Distribution Protocol. SingularDTV's snglsDAO is the following step in the development of a decentralized entertainment industry that is powered by blockchain. The snglsDAO framework is created as a simple kernel that can grow or mitigate complexity according to the requirements of the platform circumscribed by the community.
SingularDTV is creating a decentralized entertainment ecosystem powered by blockchain technology and Ethereum. The decentralized, peer-to-peer ledger system provides an instantaneous value exchange, applying in areas such as copyrights, revenue, or real-time streaming metrics. The company is building an entertainment ecosystem of applications with the creator in mind. SingularDTV restores trust and confidence to creators while delivering an extraordinary experience for consumers, creating and distributing original content. SingularDTV is laying the foundation for the decentralized entertainment industry.