SingularDTV Launches CODEX Design Lab

Announcements, Blockchain, FinTech | April 5, 2017 By:

SingularDTV has formed CODEX, an enterprise research and design lab dedicated to the development and proliferation of “Tokenized Ecosystems.” The lab’s first task will be development of SingularDTV’s own SNGLS token.

“The first great wave of blockchain adoption is going to be because of Ethereum’s ERC20 tokenized ecosystems,” said Zach LeBeau, CEO of SingularDTV.  “Tokenized ecosystems are a new type of blockchain business entity that allows one to take their ideas, place them on Ethereum’s blockchain, and benefit from the power of decentralization. The tokenized ecosystem is everything.”

While SingularDTV’s primary economic model is designed around retail applications for artists and creators, CODEX will also aim to reach the larger existing entertainment companies.

“From time to time we are approached by various entities asking us to advise them on building their tokenized ecosystems. It’s been policy to turn these offers down so they don’t interfere with SingularDTV’s focus of building a decentralized entertainment industry. But on very rare occasions, an entity will come along with such a great idea and whose development ladder fits in perfectly with ours, while at the same time adding substantial value to SingularDTV. In these rare cases of synchronicity we feel obligated to form partnerships. CODEX is the place where these partnerships take place.”

SingularDTV has invited a number of developers from around the world to participate in CODEX in an advisory capacity, and has hired a full-time team. on CODEX.

Through CODEX, SingularDTV hopes to add greater development power to SingularDTV’s ecosystem of modules, particularly its rights management gateway. The first version of SingularDTV’s rights management gateway is due to launch at the end of Q2, 2017.

CODEX will not be a public-facing entity with a website. CODEX is part of the SingularDTV group of international companies and is organized in the Commonwealth of Puerto Rico because of tax and other incentives. Puerto Rico is also where the bulk of the company’s Singular sci-fi series will be shot and produced.