This article was first published on SingularDTV - Medium
From: June 4th, 2020
I recently participated in an English AMA on the Binance Exchange telegram channel. We have compiled all the questions and answers so if anyone missed it, you can check it out. Enjoy!
Intro.Can you tell me a bit about yourself and why did you get into crypto?
A: Hi my name is Troy Murray, I’m the snglsDAO Foundation Supervisor and Technical Architect, Breaker’s Director of Strategy, and RUDE_ Founder. I have worked in and around crypto since 2013 helping start and build different projects in the space. In 2015 I got the Ethereum bug and wanted to see how far the community could push smart contracts into the mainstream. I have a deep interest in looking for new ways to use tokenomics to free artists from the centralized systems that exploit them and have produced and directed multiple films.
SEGMENT 1 — Q&A
Q1. Can you give us a little history of SNGLS and SGT?
A1. SNGLS is the native token of the SingularDTV ecosystem. In V.1 of the system the reward function rewarded all SNGLS holders a share of the network’s profits. The long arm of the United States Government put a heavy chill on that idea and we had to go back to the drawing board. We announced V.2 of the ecosystem with the release of the snglsDAO Whitepaper. In this version we use a DAO to govern the SNGLS Media Distribution Protocol using key parameters that the community controls using the DAO. The native token of the DAO is SGT and will be airdropped to all SNGLS holders on June 19th, 2020.
Q2. Could you please tell me what SNGLS and SGT cryptocurrency is? What problem does it solve?
A2. SNGLS is used to pay for the membership fee of the SNGLS Media Distribution Protocol along with ...
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SingularDTV - Medium