It's unfortunate when those in a position of power make false accusations against an innocent person. In my case it was easily defendable and the accusations against me were quickly dismissed. The truth is here, in the Iowa gov's dismissal letter:
https://view.publitas.com/p222-9279/dismissal/page/1 Please note that this dismissal is "with prejudice", which means that the accusations against me were dismissed permanently, once and for all and cannot be brought back to court. This happened because there was never any basis for the accusations in the first place. I never spoke with any media about this, so any media stories stating anything other than my innocence are completely untrue, uninformed and one-sided.
I am happy to answer any questions about this matter. So please ask them to me here. Please also note, this incident that falsely accused me in the past will not be possible in the future with SingularDTV's smart contract modules. This past experience is partly my inspiration to build this platform, to ensure that transparency and real-time auditing never allow this to happen again to artists and creators.
The only reason I was digging into the members of this project is because it looked good to invest in and I'm glad things got cleared now. Everyone knows how scam infested the majority of crypto currencies are. Devs have secret premines, they dump their coins while fucking over everyone, scamming in the beginning of the ICO etc etc.. I never seen so much scam elsewhere than in crypto and people invest in every single ICO, because they are hoping for the next ETH, 30x returns in <1 year and so on. This project can't achieve very high returns, at least not under 3 years but I'm fine with that. I have watched your long interview with icocountdown and I understand the series will be individual non related episodes, not long ago I saw Black Mirror, if you guys can achieve anything close to that, I'll be very impressed, it's an awesome unique series.
I think it is very important to do your research and due diligence if you are considering participating in SingularDTV's token launch. One of the pillars of SingularDTV's foundation is transparency. Transparency is a major inspiration for this endeavor because of how legacy distribution companies use creative accounting to divert revenues away from creators. Our CCO has been affected by this during her career as a film producer (see article link below). In order for SingularDTV to build a transparent decentralized entertainment industry, we too, as an organization, must be transparent. This is one of the reasons we partnered with Balanc3 who is outfitting SingularDTV with real-time third party auditing. Every SingularDTV transaction will be on the blockchain for all to see. Every ETH will be accounted for and verifiable for all to see.
SingularDTV has structured itself for long-term utility. We the founders/devs did not structure SingularDTV for our personal short term gain. Short term gains are for those speculating with the SNGLS token on exchanges. SingularDTV - its founders/devs - will not and cannot participate in selling SNGLS on exchanges. All of SingularDTV's SNGLS are locked via smart contract in a storage vault where they cannot be accessed for 2 years. This is partly to illustrate that we are not in this endeavor for short term gain but also to revert any revenue seen by those tokens back into the ecosystem to support development. We are building SingularDTV for long term utility, to build a decentralized entertainment industry.
Additionally, thank you to the best practices of ConsenSys and Joe Lubin, SingularDTV has highly responsible and secure key management policies. All ETH from the token launch will be kept in cold storage. Access to cold storage takes multiple founders. Our hot wallet - where SingularDTV's monthly operating budget is held - is multi-sig, requiring multiple founders to access.
Some helpful reading as to who we are and why we are building SingularDTV can be found in some of our blog articles here:
"An Ethereum Journey to Decentralize All Things"
https://medium.com/@SingularDTV/an-ethereum-journey-to-decentralize-all-things-8d62b02e232b#.vb3z0p3bo"The Anatomy of the CODE"
https://medium.com/@SingularDTV/anatomy-of-singulardtvs-code-centrally-organized-distributed-entity-cd7285d63549#.nvqyvmbkdFor more of our blog articles please visit:
https://medium.com/@SingularDTV