The NEXO Token is an asset-backed token and is backed by the underlying assets of Nexo’s loan portfolio. NEXO Tokens Holders will get 30% of the company’s profits. NEXO Tokens offer additional utility features such as discounted interest rates on the Nexo Instant Crypto-backed Loans and are also accepted as collateral on the Nexo Platform. Check out CoinBureau for the full review of Nexo Coin.
'SingularDTV is laying the foundation for a decentralized entertainment industry. On September 2019, SingularDTV announced the first Censorship Resistant Media DAO: The SNGLS DAO. The SNGLS DAO will provide the non-profit governance layer for the SNGLS Media Distribution Protocol. Established by SingularDTV as an independent and objective organization to guide the development of the protocol, the prime directive of the SNGLS DAO is to uphold the tenets of decentralization and build a truly decentralized, community-owned, self-adaptive media distribution protocol.'