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Topic: SingularDTV dividends (in ETH) for SNGLS-token holders 💸💸💸💸 - page 2. (Read 4037 times)

member
Activity: 98
Merit: 10
if I have 1000 tokens SNGLS on the exchange Bittrex for example, will I receive dividends ?

I think its best to store the SNGLS in a wallet like MEW that supports all erc20 tokens. By the way as this thread is about the dividends from SNGLS, when will these dividends be paid out? Is there a fixed schedule or is it tba?

SingularDTV has not said yet when first dividends are paid out(would suspect soon)
I would suspect they will launch SingularX SNGLX-tokens (singularx.com, has already been launched) and get the $10M in USD which will be the first dividends paid out to SNGLS-holders.
btw. 45% of SingularX will be held by SingularDTV, so 45% of SingularX -revenue will also paid as dividends to SNGLS-holders!


full member
Activity: 238
Merit: 100
if I have 1000 tokens SNGLS on the exchange Bittrex for example, will I receive dividends ?

I think its best to store the SNGLS in a wallet like MEW that supports all erc20 tokens. By the way as this thread is about the dividends from SNGLS, when will these dividends be paid out? Is there a fixed schedule or is it tba?
member
Activity: 98
Merit: 10
Dividends example:
If you are holding 100,000 SNGLS (0.01%) and SingularDTVs revenue was $100M
you would get $10,000 USD which is paid in ETH to holder.

100,000 SNGLS costs around in current price $13,000 which is around 2 BTC and potential revenue could be much much more. Like from $100M revenue share it is almost covered the SNGLS token costs + the tokens will rise in value!
member
Activity: 98
Merit: 10
                                                                                                                                                                                                                                                                                                                                                                                                                                                               SingularX is Here!
The Decentralized Exchange for Intellectual Property

By Zach LeBeau, CEO of SingularDTV

SingularX (www.singularx.com) is SingularDTV’s peer-to-peer trading platform for intellectual property created in Tokit.

Tokit, our project creation and rights management application, launched yesterday on November 6, 2017. With Tokit, we generated the SNGX token which powers SingularX’s economic infrastructure.

The revolutionary thing about SingularX — aside from empowering artists to be their own economies — is that all transaction fees generated by the exchange are embedded in the SNGX token. This means that anyone holding SNGX can withdraw the revenue pushed into it, or store it there. SingularX is an important part of the SingularDTV entertainment economy and we look forward to generating millions of dollars of value for SNGLS token holders.

We’re going to do something that isn’t typically done in today’s cryptosphere — we’re going to prove the SingularX tokenized ecosystem is successful and prosperous before we release SNGX tokens to the public. This is something that doesn’t happen today… everyone releases a token based on an idea or a whitepaper and then goes out and attempts to prove it. We’re doing the opposite.

Before I go any further, I’d like to thank Zack Coburn, the creator of EtherDelta. Zack is a true visionary in the cryptosphere. EtherDelta has been in operation for more than a year now and until recently was the only decentralized exchange in existence. EtherDelta served as the inspiration for SingularX. In fact, Zack consulted on the construction of SingularX throughout the summer of 2017. Initially, it was my personal hope that SingularDTV could have acquired EtherDelta — tokenized, optimized and rebranded it — but it didn’t work out that way… thus SingularX was born.

SingularX has many similarities to EtherDelta. Why reinvent the wheel? EtherDelta has been heralded by some as the most successful decentralized project on Ethereum — up until Tokit and SingularX of course, ;-). But seriously, SingularDTV needed an exchange in which all intellectual property generated via Tokit could be listed and traded. It’s a crucial component to artists and creators becoming their own economies. After all, we can’t expect centralized exchanges to list all the tokens generated via Tokit, especially the way things are going down behind-the-scenes in the USA now. While SingularX’s architecture is similar to EtherDelta’s, there are some significant differences between the two. Let’s explore those differences…

1. A newly designed front-end with full customizable UI, each trader can build their own layout based on their preferences.

2. New modular design to make it easy to add new features in the future for new types of trades (encourage people to provide suggestions).

3. New back end infrastructure to improve reliability and responsiveness.

4. Security improvements.

5. Integrated support channels for users with the S-DTV support team.

6. Removed reliance on etherscan performance (coming soon).

7. External API access (in BETA).

8. The biggest difference is that SingularX (SNGX) is Tokenized!

The SNGX token was generated by Tokit and utilizes its revolutionary smart contract technology. All transaction fees generated by SingularX are pushed into the SNGX token for holders to store or withdraw. The ownership breakdown of SNGX tokens is 45% to SingularDTV, 45% to Centrality and 10% to Digital MOB.

All revenue pushed into the SNGX tokens owned by SingularDTV, will be further pushed into SNGLS — the token that powers the SingularDTV tokenized economy. We look forward to the benefit this brings SNGLS token holders. If SingularX can reach the activity level or beyond of EtherDelta, this would mean millions of dollars a year SNGLS holders can benefit from.

We look forward to building SingularX into a trading library of international intellectual property as well as a profitable platform that enriches the SingularDTV economy.

Zach LeBeau, CEO of SingularDTV

(Original article)
https://medium.com/singulardtv/singularx-is-here-d0aaf90f6e1
                                                                                                                                                                                                                                                                                                                                                
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
member
Activity: 98
Merit: 10
Honestly, this post feels like an announcement. Should go in another thread in my opinion and not here where real discussion should happen.

Yeah, maybe a different thread there,
Was hoping to get your opinions also about dividends , have you seen this kind of model? Before. Those dash masternodes which pay in the same coins dont count :p.
full member
Activity: 266
Merit: 101
Cryptomooniac - to the moon and beyond...
Honestly, this post feels like an announcement. Should go in another thread in my opinion and not here where real discussion should happen.
full member
Activity: 406
Merit: 110
Cool project, but i'm afraid the way you are selling it, this topic would be better in the Announcements category?

You mentioned you have 300k ETH in reserves. Would it be possible to view your wallet address for that amount?
I believe it will also help build your credibility if you were transparent about that. Wallet addresses alone can't be hacked anyway.
member
Activity: 98
Merit: 10
member
Activity: 98
Merit: 10
member
Activity: 98
Merit: 10
This is it, that blockchain starts to enter into everyday life.. => new fiat coming to SingularDTV straight. => dividends to SNGLS-holders.

News more:
https://twitter.com/SingularDTV/status/930345197686480896
SingularDTV @SingularDTV
"#Ethereum #Blockchain starts to enter everyday life"
..With @SingularDTV's new app #Tokit artists can program their intellectual property rights, revenues, and royalties into #smartcontracts in the form of a token..
#Tokenize #Korea

Via @zdnetkorea
http://v.media.daum.net/v/20171108172401161
member
Activity: 98
Merit: 10
Tokens to be launched via SingularDTV platform and traded by SingularX platform, among other exchanges.
https://tokit.io/gallery

Current SNGLS exchanges:
https://coinmarketcap.com/currencies/singulardtv/#markets

SNGLS Available at:
#Exchange
1Binance
2Bittrex
6Liqui
7HitBTC
9Gatecoin
10Braziliex
11EtherDelta
13CryptoDerivatives

UPbit and NOW

SingularX Exchange
UI going to improve soon, also SNGLX token launch 10% of SingularX revenue (platform fee) goes to SNGLX holders.
45% goes to SingularDTV and forwarding that to SNGLS-token holders.
45% goes to SingularX decentralized platform developers working for SingularDTV.

member
Activity: 98
Merit: 10
SingularDTV originals, my favorite type of movies and series!
member
Activity: 98
Merit: 10
member
Activity: 98
Merit: 10
Get Happy: SingularDTV Gifting 10,000,000 HAPPY Tokens
Find out how to get HAPPY yourself by joining in the fun…

https://medium.com/singulardtv/get-happy-singulardtv-to-release-10-000-000-happy-tokens-for-free-5b8e759df4be
member
Activity: 98
Merit: 10
member
Activity: 98
Merit: 10
if I have 1000 tokens SNGLS on the exchange Bittrex for example, will I receive dividends ?

Bittrex has not yet said it would support the dividends/rewards claiming.

Binance on the other hand has said that it would support.
https://medium.com/singulardtv/binance-to-support-all-future-sngls-airdrops-no-need-to-move-your-sngls-ccfe036c8a0

It does not matter where you hold coins when dividends are issued. once exception, if you are holding them in an exchange, see that the exchange support SingularDTV reward-collection, here binance is one.
Other offline wallets can use MEW for example to collect rewards...
member
Activity: 424
Merit: 10
if I have 1000 tokens SNGLS on the exchange Bittrex for example, will I receive dividends ?
newbie
Activity: 40
Merit: 0
That is a really good way of participation in a compagny built with ICO with a concrete project where the dividend are distributed depending the quantity on each token owner. A really good example to talk to people for them understand better the world of crypto. thank you 
member
Activity: 98
Merit: 10
SingularDTV has 300k ETH in reserves, so they are good for the time being.
SingularDTV also holds 40% of ALL SNGLS, so they have the biggest revenue share from what the platform generates! This is to produce new content etc.
EtherVision is coming 2018/H1 , so the content will come available for all to buy with credit cards, tokens, etc. This revenue also goes to SNGLS holders.

I think this project has Ethereum to thank for their growth, if not that the price of Ethereum skyrocket from the time the the ICO takes place and now the project would have collapse because I believe their burn rate is very high
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