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minersday
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May 28, 2017, 05:43:37 PM |
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It took Netflix 12 years to get to it's current price of $162, also the 2008 crash didn't help.
I think SingularDTV should achieve that in less than 5 years. This is an amazing project.
Yes, that took longer because there were no proper steaming industry before and had to fight with the studios on the legal rights to steam etc... Recently from SingularDTV Zach: "I’ve commented on this a few times… we'll have 5 of our 11 modules out in the world this year, and we’ll be generating revenue, so being listed on exchanges will start to be less important for SNGLS holders as the dynamic attributes of the SNGLS token become more evident." So SingularDTV SNGLS holders get rewards via smartcontract (by percentage of how much you hold) and the value of SNGLS only grows! I heard about the modules, but I didn't know about the reward system. We will be reward more SNGLS via smart contracts? Here's the ecosystem: 
REWARDS testing is in progress.. "Once a Reward has been issued you'll need claim it, a transaction needs to be sent to the Fund contract. With SingularDTV Wallet, Mist Browser and a few other wallets will be easier to do that. Perhaps soon MyEtherWallet.com will implement an easier way to do that as well (even now you could do it with MEW as long as you have the parameters of the contract). It's not important _where_ you keep your SNGLS in order to receive the reward, but _from where_ you send the TX to the reward contract. So basically its fine to hold your SNGLS any Ethereum Wallet, but it will be simpler from some (and from some impossible) to sent the TX to that contract in order to claim the Reward associated with SNGLS you hold. There will be a detailed information how to do that prior to an issue of a Reward. It's good to mention that there will be no such distributed prior the Launch of our initial Modules later this Summer." |
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minersday
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May 28, 2017, 05:56:08 PM |
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I heard about the modules, but I didn't know about the reward system. We will be reward more SNGLS via smart contracts?
No you will be rewarded with ETH for holding SNGLS each time a payment is made. There are already a small amount of ETH ready to be claimed by SNGLS holders. "The SingularDTV SCS (smart contract system), has this reward functionality built-in. The reward smart contract acts like a bucket. Each time a reward (ETH) is added to it, addresses holding SNGLS at that time, can withdraw their reward proportional to the % of tokens they hold. For example, if you hold 1 000 000 SNGLS in a wallet which is 0.1% of the total amount of SNGLS in existence, you'll receive 0.1% of the total amount of ETH distributed in the Reward Contract." - from https://singulardtv.slack.com |
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cryptodv
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May 28, 2017, 06:49:24 PM |
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I heard about the modules, but I didn't know about the reward system. We will be reward more SNGLS via smart contracts?
No you will be rewarded with ETH for holding SNGLS each time a payment is made. There are already a small amount of ETH ready to be claimed by SNGLS holders. "The SingularDTV SCS (smart contract system), has this reward functionality built-in. The reward smart contract acts like a bucket. Each time a reward (ETH) is added to it, addresses holding SNGLS at that time, can withdraw their reward proportional to the % of tokens they hold. For example, if you hold 1 000 000 SNGLS in a wallet which is 0.1% of the total amount of SNGLS in existence, you'll receive 0.1% of the total amount of ETH distributed in the Reward Contract." - from https://singulardtv.slack.comGot it, now I understand. I better get my weight up then. Thanks for this. I joined the Slack channel, but hardly go there.  |
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minersday
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May 28, 2017, 07:01:20 PM |
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I heard about the modules, but I didn't know about the reward system. We will be reward more SNGLS via smart contracts?
No you will be rewarded with ETH for holding SNGLS each time a payment is made. There are already a small amount of ETH ready to be claimed by SNGLS holders. "The SingularDTV SCS (smart contract system), has this reward functionality built-in. The reward smart contract acts like a bucket. Each time a reward (ETH) is added to it, addresses holding SNGLS at that time, can withdraw their reward proportional to the % of tokens they hold. For example, if you hold 1 000 000 SNGLS in a wallet which is 0.1% of the total amount of SNGLS in existence, you'll receive 0.1% of the total amount of ETH distributed in the Reward Contract." - from https://singulardtv.slack.comGot it, now I understand. I better get my weight up then. Thanks for this. I joined the Slack channel, but hardly go there. Same here, not yet used to slack. So trying to get those news and other info to this bitcointalk thread. It's very good time to get some SNGLS, if missed the ICO.. just hold them and wait for the reward ETH transactions to be issued... and ofcourse the SNGLS themselves will increase in value. |
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cryptodv
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May 28, 2017, 07:15:39 PM |
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I heard about the modules, but I didn't know about the reward system. We will be reward more SNGLS via smart contracts?
No you will be rewarded with ETH for holding SNGLS each time a payment is made. There are already a small amount of ETH ready to be claimed by SNGLS holders. "The SingularDTV SCS (smart contract system), has this reward functionality built-in. The reward smart contract acts like a bucket. Each time a reward (ETH) is added to it, addresses holding SNGLS at that time, can withdraw their reward proportional to the % of tokens they hold. For example, if you hold 1 000 000 SNGLS in a wallet which is 0.1% of the total amount of SNGLS in existence, you'll receive 0.1% of the total amount of ETH distributed in the Reward Contract." - from https://singulardtv.slack.comGot it, now I understand. I better get my weight up then. Thanks for this. I joined the Slack channel, but hardly go there. Same here, not yet used to slack. So trying to get those news and other info to this bitcointalk thread. It's very good time to get some SNGLS, if missed the ICO.. just hold them and wait for the reward ETH transactions to be issued... and ofcourse the SNGLS themselves will increase in value. Yes, I still have my SNGLS from the ICO. I haven't moved them. Slowly buying more on Bittrex though. |
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minersday
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May 28, 2017, 07:39:53 PM |
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Sounds good as an update was needed for the ANN!  |
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sevenrustlust
Member
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Activity: 112
Merit: 10
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May 28, 2017, 07:51:45 PM |
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SNGLS will touch 100k once that all modules are out
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minersday
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May 28, 2017, 08:06:21 PM |
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SNGLS will touch 100k once that all modules are out
It's like double reward, as the price increases with the usage of the SingularDTV platform widening, and reward gains for holding. And ofcourse you can always sell holdings with the right price if needed... on the decentralized exchange which will be part of SingularDTV. , going to be very nice platform indeed. |
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minersday
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May 28, 2017, 08:38:25 PM |
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SNGLS will touch 100k once that all modules are out
Price currently ~7k, I think this is the last times it's ever going to be under ~7k, wonderful time to buy in. |
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shakedog
Newbie
Offline
Activity: 26
Merit: 0
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May 29, 2017, 07:29:06 AM |
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Sounds good as an update was needed for the ANN! Definitely. And thanks for your support Minersday. The last 10 days the team spent in NYC was very eye-opening. The set, as you see, was jaw dropping gorgeous. The launch videos, from what I've seen so far, will NOT disappoint |
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Prozak
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May 29, 2017, 03:37:38 PM |
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through SingularDTV I we could stream fotball matches and other illegal jobs?  or it's impossible? |
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minersday
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May 29, 2017, 04:48:06 PM
Last edit: May 29, 2017, 06:01:09 PM by minersday |
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So in a few short weeks SingularDTV will be generating revenue for SNGLS holders. Price has started to rise... - https://singulardtv.comSingularDTV folks at the set:  |
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jacafbiz
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May 30, 2017, 04:56:04 AM |
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Finally, a project not based only on speculation but on real creative service and value, can't wait to collect the first revenue from this project |
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minersday
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May 30, 2017, 06:56:59 AM |
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Finally, a project not based only on speculation but on real creative service and value, can't wait to collect the first revenue from this project I agree, they are getting also their own 1-800 number for support.. it's for new users and answering problems customers may have.. They are really setting up this thing, now to get me some more SNGLS, before the price goes too high... |
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minersday
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May 30, 2017, 06:59:30 AM
Last edit: May 30, 2017, 09:07:54 AM by minersday |
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