The year 2020 represents an exciting new phase in achieving the goal of creating a decentralized entertainment industry, powered by blockchain technology-the launch of the SNGLS Media Distribution Protocol and snglsDAO.
The snglsDAO will be the non-profit governance layer of the SNGLS Protocol. It will be established by SingularDTV as an independent and objective organization to guide the development of the SNGLS Protocol. It’s number one objective will be to uphold the tenets of decentralization and instill them into the programming of the protocol.
Read our whitepaper to learn more about the SNGLS Protocol, tokenomics around the adaptive protocol, architecture of the Content Mining mechanism, and the snglsDAO.
The protocol is a P2P torrent network. The system takes media files and creates torrents out of them. Those torrents are then hashed to the content creator's Ethereum wallet address. Allowing for a decentralized distribution protocol that has trustless payment rails built in with no need for a trusted third party.
Zach LeBeau, founder of SingularDTV and Breaker, and Troy Murray of SingularDTV and the snglsDAO, mix equal parts cynicism and optimism talking the future...
Troy Murray of SingularDTV and the snglsDAO sits down with Tyler Ward of Proof Systems...
EtherVision is our open source user interface that will allow users to interact with the protocol without having to touch the legacy banking world. Users will be able to upload and process content into the protocol along with paying and watching content all while only using Crypto.
EtherVision will be entirely open source, allowing developers to come in and work on a user interface that can interact with the protocol and will be easily integrated with other projects in the Web3 space. This will allow easy access to the base layer of the decentralized entertainment industry.
In October 2016, $7.5m in ETH was raised for the original scope of the MVP and devised the blue-print for the ignition of a decentralized entertainment industry.
The launch of Breaker.io proves that rights management of entertainment IP on the blockchain was possible and more efficient than the legacy system and that this IP and/or its usage rights could be distributed to audiences around the world via a distribution portal.
The whitepaper elaborates the important concepts of the snglsDAO, Content Mining, an adaptive platform, SNGLS Media Distribution Protocol and more.
Official snglsDAO website has been launched.
It is intended for a 1:1 swap from SNGLS to SNGLS 2.0 to occur in 2020. The roll-out schedule will be determined by various legal, regulatory and compliance timelines.
In Q2 of 2020 we will launch the DAO with parameter controls around the protocol of transaction and listing fee along with the treasury. We will also release our open source UI called EtherVision that has no connection to the legacy monetary world and transacts only in Crypto, with the first tokens being SNGLS, DAI, SAI, and ETH.
Research and development on the Content Mining mechanism will be on going through the year of 2020.
In Q1 of 2021 we plan on releasing the beta of the Content Mining mechanism.
*speculative time frame
Deployment of the SNGLS shard and updating all the backend to migrate to ETH2.0.
*dependent on ETH2.0 progress
After the beta of Content Mining has been running and we have found no problematic edge cases, we will issue the full release.
*speculative time frame
The birth of a new industry is complex and includes many moving parts. snglsDAO is set to achieve the goal of a decentralized entertainment industry together with our collaborative partners.
