So SingularTV is a coin made specifically to show vidoes that are produced by the SingularTV company?
SingularDTV's token - SNGLS - is the representation of our Intellectual Property (IP), in the form of tv/film/documentary projects as well as our software projects. Our software projects are important to building the foundation of the SingularDTV ecosystem. Content and infrastructure combining to help create a decentralized entertainment industry.
The SNGLS token has a revenue claim programmed into it. When revenue is generated by SingularDTV it is distributed by our Smart Contract System into every token holders address in the form of ETH. When this happens there is a "Revenue Withdraw" button in the SingularDTV Lightwallet or a "withdraw" function in Mist. It's pretty amazing. There has never been a smart contract system or token with this type of functionality before. Revenue is projected to be generated by our film/tv/documentary projects, our rights/revenue/royalty platform and TVOD brand/portal. Also, this "rev. withdraw" function allows us to send ETH to token holders in the event that ETH skyrockets after buying SNGLS tokens. This was a question someone had before... "What if we buy SNGLS tokens and then ETH goes on a run upwards?" Well, this "withdraw revenue" function allows SingularDTV to send ETH appreciation back to the SNGLS token holders when a new and stable high is established.
SNGLS tokens not only allow the holder to collect revenue, but SNGLS tokens allows you to participate in the SingularDTV ecosystem, whether it is by watching content, or distributing content via our ecosystem, or interacting with our smart contract modules for a variety of user experiences.
For a basic overview of our plan, please take a look at:
"What's the SingularDTV Plan?"
https://singulardtv.com/videos?ytid=beGAu0cEf1wFor a more detailed view of our plan, please read:
"Summary Overview" (ENG)
https://singulardtv.com/resources/default/pdf/SingularDTV%20CODE_Summary%20Overview.pdf