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1  Alternate cryptocurrencies / Tokens (Altcoins) / SGT -- Progress of blockchain, a powerful tool for community and ecological gove on: October 20, 2020, 09:21:20 AM
The world currently produces more than 50 billion gigabytes of data a day, and experts predict it will exceed 400 billion gigabytes by 2025.
Therefore, SINGULARITY SINGULARITY origin as IPFS technology application and development of distributed storage chain, focusing on solving the problem of data of secondary storage, at the same time, in order to building the ecological community and governance, SINGULARITY SINGULARITY origin also launched a community and ecological management tool, SGT, break the barrier of the global local, achieve complete community governance of globalization.

SINGULARITY -- A high-performance cloud service system based on distributed technology
 
The SINGULARITY began as a common chain of distributed storage applications based on IPFS technology.
SINGULARITY is committed to global customers with peer-to-peer distributed data management system that links all idle storage resources, let all network storage devices can be involved in mining, forming a powerful distributed data storage network service system, reconstruction of data storage network structure, the combined internal and external ecological development, build the super cloud computing platform.

In order to build a sustainable ecology and build a community of consensus, collaboration, co-existence, sharing and mutual benefit, SINGULARITY's origin has devoted itself to building a community and ecological governance tool, SGT.

SGT -- Tools for community and Ecological governance

Ecology is fundamental to sustainable development, community is the consensus of commercial civilization, and community governance is consensus building. For this reason, SINGULARITY origin has devoted its efforts to building community and ecological governance tool, SGT.
SGT will achieve community unity governance for SINGULARITY origin, improve ecology, achieve ecological sustainable development, build a professional community governance tool for the block chain industry efficiently and safely, and create a good environment for IPFS distributed storage application common chain technology development and ecological application research and development.

It can be said that SGT is a tool for community management and ecological governance at the origin of SINGULARITY, as well as an incentive token for community management and ecological governance. It is mainly used for community operation and promotion, ecological management and the implementation development of full ecological applications.

technology

SGT adopts advanced consensus mechanism, supported by distributed ledger and intelligent contract system, to help SINGULARITY origin rebuild data storage network structure and build a global secure and powerful distributed data storage network service system.
SGT is a token issued through TRC20 and will also be listed on the secondary market in the future.

Distribution of tokens

SGT is a 100 percent decentralized Token based on TRC20, with a total of 10 billion issued.
Token distribution: 50% by direct free airdrop to the consensual governance community of SINGULARITY origin;
25% of the BSGT holdings of the governance community through the consensus governance of the origin of the singularity are scheduled for black hole absorption and destruction (to cover the cost of community governance);
Twenty percent of the world's data storage needs are being helped by nonprofits to build data storage bases in regions where data storage is scarce;
5% as SGT operating expenses.

SGT will be a big step forward for blockchain. It will make use of advanced community governance concept, rely on extensive community user base, continuously strengthen product functions, and work together with excellent partners to build a professional community governance tool for the blockchain industry.
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