[English translation] Digital currencies are only one layer on the surface of blockchain technology

Translation of the previous SingularX announcement articleFollowing that, there was an interview with the CEO of SingularDTV, which I have translated into English.

Let's read it!

Digital currency is only one surface layer of blockchain technology

The CEO of SingularDTV talks about the rollout of the SNGX token and major applications. He also offers insightful recommendations to the blockchain community.

SingularDTV's applications SingularX and SNGX were recently announced. The first batch of SingularDTV applications is in the final stage before release. The world is beginning to notice the future potential of the next generation of blockchain.

With this context in mind, we spoke with Zach LeBeau of SingularDTV to learn about the backstage of SingularDTV, how we think about the digital currency industry, and what events may occur in the entertainment industry in the future.

The mechanism by which SNGX tokens and SingularX add value to SingularDTV users and SNGLS holders is unprecedented

In my view, everyone has become accustomed to centralized business structures. Within such structures, due to the capitalist spirit in particular, one side tends to win and the other lose, which has become commonplace.

Indeed, such models have persisted for centuries. However, by adopting a decentralized structure, this situation no longer occurs. In the next year or two, more and more people will realize that we can all benefit, and that tokenization is what enables that.

In our current speculative cryptocurrency world, everyone looks to coin and token price movements to make a profit. However, the era is approaching when cryptocurrencies are regarded as legitimate and practical applications appear on the blockchain.

As a result, our fundamental ideas about value and a system in which all of us benefit from blockchain technology will change. We would not be surprised if people ask, “Huh?” when we airdrop the OMG token or announce how SNGX will operate.

You might be thinking, “Are you giving us things for free?” The answer is basically yes. In that way, we will develop a sustainable decentralized economy.