'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.'
Created on October 26th, 2012, TRC is one of the oldest cryptocoins in existence. Unlike traditional fiat currencies, TRC is decentralized meaning there is no central bank. The Terracoin Foundation is dedicated to helping the world through donations. Decentralized governance allows masternode owners to control the future of TRC.