'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.'
In order to solve the existing problems in the fan economy for a long time, such as centralization-based value system, unhealthy market environment, exploitation of intermediary agents , limited channels of commercialization, we will establish a global decentralized ecosystem to reconstruct the industry market environment including value and credit mechanism.