SingularDTV crowdfunding contract — managed the October 2016 token sale for the Ethereum-based decentralized entertainment platform, raising $7.5M in 17 minutes...
Key Facts
Description
The SingularDTVCrowdfunding contract was the crowdfunding mechanism for SingularDTV, a ConsenSys-incubated project building a decentralized entertainment platform on Ethereum. The contract was authored by Stefan George (stefan.george@consensys.net), one of the earliest ConsenSys smart contract developers who later co-founded Gnosis.
The SingularDTV system was deployed as a trio of interlinked contracts: SingularDTVCrowdfunding (this contract, at 0xbdf5c4f1...), SingularDTVToken (0xaec2e87e..., the SNGLS ERC-20 token), and SingularDTVFund (0xe736091f..., the treasury). This multi-contract architecture was a sophisticated design pattern for 2016, separating crowdfunding logic, token logic, and fund management.
The crowdfunding launched on October 2, 2016 and reached its cap of approximately $7.5 million in ETH within just 17 minutes, with only about 145 participants able to contribute before the cap was hit. The SNGLS token had 0 decimals (whole tokens only) and a total supply of 1 billion.
SingularDTV aimed to be an Ethereum-powered "Netflix-like" platform where content creators could tokenize their creative output and receive transparent royalty management. The project was led by Zach LeBeau and built in partnership with ConsenSys and MME (a Swiss cryptocurrency law firm). It later rebranded to Breaker in 2018.
Heuristic Analysis
The following characteristics were detected through bytecode analysis and may not be accurate.
DAO Fork Era
The controversial fork to recover funds from The DAO hack.
Bytecode Overview
Verified Source Available
This contract has verified source code on Etherscan.
View Source Code