'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.'
BitNew Chain (BTN), based on the system of peer-to-peer payments and smart contract, through forging a two-tier decentralized blockchain network with standard physical masternode, resource segregation, decentralized computing subsystem BTN-DC, and decentralized storage subsystem BTN-FS etc., aims to extend blockchain applications to the field of hardware.