Singular J is a brand new Asian blockchain film and television entertainment market. Users use SNGJ to buy or rent movies, music, TV shows, episodes, podcasts and other entertainment works.
SNGJ is a utility token that is used on the Singular J platform to purchase content or subscribe to your favorite artist channels. SNGJ's token smart contract operates in the mode of destruction and deflation. Some of the SNGJ used on the Singular J platform will be destroyed.
Beyond that, SNGJ offers fans a unique way to subscribe to their favorite content creators: "Mint" or the ability to create subscription tokens. Let's say a user finds a filmmaker, musician, podcaster, or comedian whose work they particularly like. Users can use a portion of SNGJ tokens to subscribe to that content creator and mint artist tokens. Users will receive exclusive premium content for as long as they hold the subscription token. Artist tokens are minted at a set curve rate, which means early fans don't have to spend as much SNGJ to mint artist tokens to subscribe to their content. Users can return artist tokens to the smart contract at any time and get back a certain amount of SNGJ.