Singular J is a novel Asian blockchain-based film and entertainment marketplace. Users purchase or rent movies, music, TV shows, series, podcasts, and other forms of entertainment using SNGJ.
SNGJ is a utility token used on the Singular J platform to buy content or subscribe to your favorite artists channels. The tokens smart contract operates on a burn and deflationary model, meaning a portion of the SNGJ used on the Singular J platform gets burned.
In addition, SNGJ offers fans a unique way to subscribe to their favorite content creators: the ability to "mint" or create subscription tokens. If a user finds a filmmaker, musician, podcaster, or comedian whose work they particularly love, they can use a portion of their SNGJ tokens to subscribe to that content creator and mint an artist token. As long as the user holds this subscription token, they will receive exclusive premium content. Artist tokens are generated according to a set curve rate, which means early fans dont have to spend as many SNGJ tokens to mint artist tokens and subscribe to their content. Users can redeem artist tokens back to the smart contract at any time to retrieve a certain amount of SNGJ.