SingularDTV is a Decentralized Application built on top of the Ethereum Blockchain, and it just raised $7,500,000 in 15 minutes.
What is a Decentralized Application? A dApp.
A dApp is similar to a regular App, like uber, or netflix has, but the difference is that the value is owned by the individuals. This means your data really is yours.
Most of the technology is built on top of decentralized, blockchain based, peer-to-peer networks instead of servers that are centralized by some corporate giant. SingularDTV for example, is built on the Ethereum network, which is an evolutionary upgrade of the original Bitcoin protocol. Blockchain technology is one of the most innovative and well-funded industries on the planet right now.
But most dApp are raising funds differently. In a new and very promising way, the ICO.
What is an ICO? An Initial Coin Offering
“Let me make it clear, if you would have put $22,600 dollars into the Ethereum ICO, in a years time your ETH would be worth about $1,000,000 dollars.
If you would have put $1,000 dollars into the Ethereum ICO, your ETH would be worth about $45,000 today. “
Instead of a traditional Kickstarter campaign or other forms of crowdfunding. Decentralized Applications have a unique form of fundraising that presents opportunities for the average person to profit more than any penny stock out there.
In order for these decentralized networks to work, they must store data in a digital token, which then is redeemable later for whatever it is worth to the network. The markets are similar to video game “in game purchase” items, where a certain Character Skin in the popular game “League of Legends” can be worth 1,000’s of dollars.
What an ICO is, is borrowed from the traditional “IPO” of a company, except its open to everyone. That means you could buy these coins low right now, to help fund raise the companies development, and if the company succeeds the value of that token will increase! Far more than any penny stock.
What are the Value in these “Coins”
Using Ethereum for example. there digital token Ether, shown as ETH represents access, usability and value that is generated on the Ethereum Peer-to-Peer Network.
In the ICO you could have opted to purchase some ETH for roughly .30 per token, in just about a year the value peaked at $20.00 per ETH and now hums around at $13.5 per ETH about two years later. The reason why the value has increased so much is because the ETH represented access to this new network that was actually solving a problem. The “Coin” works like a stock, a fuel, a currency, a game token and possibly much more. Can you see the opportunity now?
Ethereum 1 Year price chart by crypto-mining blog.
Let me make it clear, if you would have put $22,600 dollars into the Ethereum ICO, in a years time your ETH would be worth about $1,000,000 dollars.
If you would have put $1,000 dollars into the Ethereum ICO, your ETH would be worth about $45,000 today.
How to get involved.
SingularDTV ICO is now over and the price was set at about $0.015. If all goes well that could be a serious return. SingularDTV aims to create a platform where you can create, fund and collaborate on SCI-FI media
. Its the decentralized Netflix for Sci-Fi, there first projects coming out soon are a Series “Singular” that will explore a world leading up to the “Singularity.” as well as a Documentary on Ethereum.
To learn more about different dApps for ICO opportunities, Job Opportunities or just to learn about the cool companies. Subscribe to our site dApp-chain.com and share in all of these opportunities together.
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