SingularDTV (SNGLS) Is The New Bizarre Cryptocurrency On The Market
SingularDTV (SNGLS) is a blockchain-based entertainment platform that aims to change the entertainment industry via decentralized tools.
The platform launched as an ERC-20 token on the Ethereum network. Its main goal is to aid in reshaping the industry by providing a fully transparent framework for content production, enhancement and finally use blockchain for distribution.
It uses smart contract technology to empower creative minds and enable them to produce projects.
On how their technology will disrupt the entertainment industry, the President of the platform’s entertainment wing Kim Jackson said that:
“In the future users are going to pay for movies with their credit cards – and that directly to the artist.”
What’s driving interest in SNGLS?
Currently, interest in SNGLS is driven by its tokenization Tokit tool that allows anyone to develop or create their content and then share with the final audience. Right now, the famous “Dancing Classrooms” project has attracted the most attention.
The DANCE tokens are on sale at 0.003335 ETH or $1.40493545. At the moment, only 5% of the target has been achieved meaning there’s still 95% of tokens to grab. Buy the tokens and help bring the benefits of dancing to classrooms around the world.
The SingularDTV is perhaps the hottest token at the moment on the market. Ranked 158th, SNGLS, the native token on the platform currently trades at $0.09419. Its value has skyrocketed +62.68% against USD over the last 24 hours and +70.04% over the 7-day period.
The token has also performed remarkably well against both BTC and ETH, gaining 58.94% and 54.69% respectively against the two coins.
Its market cap now sits at $56.5 million up from $33 million on April 1, 2018. The 24h trading volume has also risen from $1,844,100 then to today’s $59,517,540. This represents an increase by a massive +3200% over the last 10 days.