Ecoer Logo
VOTING POWER100.00%
DOWNVOTE POWER100.00%
RESOURCE CREDITS100.00%
REPUTATION PROGRESS36.12%
Net Worth
8.489USD
STEEM
0.000STEEM
SBD
5.405SBD
Own SP
101.630SP

Detailed Balance

STEEM
balance
0.000STEEM
market_balance
0.000STEEM
savings_balance
0.000STEEM
reward_steem_balance
0.000STEEM
STEEM POWER
Own SP
101.630SP
Delegated Out
0.000SP
Delegation In
0.000SP
Effective Power
101.630SP
Reward SP (pending)
0.000SP
SBD
sbd_balance
5.405SBD
sbd_conversions
0.000SBD
sbd_market_balance
0.000SBD
savings_sbd_balance
0.000SBD
reward_sbd_balance
0.000SBD
{
  "balance": "0.000 STEEM",
  "savings_balance": "0.000 STEEM",
  "reward_steem_balance": "0.000 STEEM",
  "vesting_shares": "165283.576528 VESTS",
  "delegated_vesting_shares": "0.000000 VESTS",
  "received_vesting_shares": "0.000000 VESTS",
  "sbd_balance": "5.405 SBD",
  "savings_sbd_balance": "0.000 SBD",
  "reward_sbd_balance": "0.000 SBD",
  "conversions": []
}

Account Info

namesingulardtv
id15736
rank17,548
reputation657530954359
created2016-07-09T14:44:06
recovery_accountsteem
proxyNone
post_count3
comment_count0
lifetime_vote_count0
witnesses_voted_for0
last_post2016-07-09T18:41:36
last_root_post2016-07-09T18:41:36
last_vote_time2016-09-30T16:21:42
proxied_vsf_votes0, 0, 0, 0
can_vote1
voting_power9,950
delayed_votes0
balance0.000 STEEM
savings_balance0.000 STEEM
sbd_balance5.405 SBD
savings_sbd_balance0.000 SBD
vesting_shares165283.576528 VESTS
delegated_vesting_shares0.000000 VESTS
received_vesting_shares0.000000 VESTS
reward_vesting_balance0.000000 VESTS
vesting_balance0.000 STEEM
vesting_withdraw_rate0.000000 VESTS
next_vesting_withdrawal1969-12-31T23:59:59
withdrawn0
to_withdraw0
withdraw_routes0
savings_withdraw_requests0
last_account_recovery1970-01-01T00:00:00
reset_accountnull
last_owner_update1970-01-01T00:00:00
last_account_update1970-01-01T00:00:00
minedNo
sbd_seconds0
sbd_last_interest_payment2016-09-30T16:17:30
savings_sbd_last_interest_payment1970-01-01T00:00:00
{
  "id": 15736,
  "name": "singulardtv",
  "owner": {
    "weight_threshold": 1,
    "account_auths": [],
    "key_auths": [
      [
        "STM6NbBxv61Zi3Ktet7Mgns7EZSSyELhoBRrruJ4vuPnaZZJuTbCw",
        1
      ]
    ]
  },
  "active": {
    "weight_threshold": 1,
    "account_auths": [],
    "key_auths": [
      [
        "STM5xJFUryoShXBt1iRrZ7fRqweH17yabb7nfyyJD6vVjS7rJ7KJL",
        1
      ]
    ]
  },
  "posting": {
    "weight_threshold": 1,
    "account_auths": [],
    "key_auths": [
      [
        "STM8eqUkf7mbRZQJLg1ohfG7EZgnsgT5AtP2TzLXzVxVWuje7cSeS",
        1
      ]
    ]
  },
  "memo_key": "STM5iDuPcnSLvJvgpMxHGSpJ6RQZyiCoCeCU4rT7YynqEjH1Q85DR",
  "json_metadata": "",
  "posting_json_metadata": "",
  "proxy": "",
  "last_owner_update": "1970-01-01T00:00:00",
  "last_account_update": "1970-01-01T00:00:00",
  "created": "2016-07-09T14:44:06",
  "mined": false,
  "recovery_account": "steem",
  "last_account_recovery": "1970-01-01T00:00:00",
  "reset_account": "null",
  "comment_count": 0,
  "lifetime_vote_count": 0,
  "post_count": 3,
  "can_vote": true,
  "voting_manabar": {
    "current_mana": 9950,
    "last_update_time": 1475252502
  },
  "downvote_manabar": {
    "current_mana": 0,
    "last_update_time": 1468075446
  },
  "voting_power": 9950,
  "balance": "0.000 STEEM",
  "savings_balance": "0.000 STEEM",
  "sbd_balance": "5.405 SBD",
  "sbd_seconds": "0",
  "sbd_seconds_last_update": "2016-09-30T16:17:30",
  "sbd_last_interest_payment": "2016-09-30T16:17:30",
  "savings_sbd_balance": "0.000 SBD",
  "savings_sbd_seconds": "0",
  "savings_sbd_seconds_last_update": "1970-01-01T00:00:00",
  "savings_sbd_last_interest_payment": "1970-01-01T00:00:00",
  "savings_withdraw_requests": 0,
  "reward_sbd_balance": "0.000 SBD",
  "reward_steem_balance": "0.000 STEEM",
  "reward_vesting_balance": "0.000000 VESTS",
  "reward_vesting_steem": "0.000 STEEM",
  "vesting_shares": "165283.576528 VESTS",
  "delegated_vesting_shares": "0.000000 VESTS",
  "received_vesting_shares": "0.000000 VESTS",
  "vesting_withdraw_rate": "0.000000 VESTS",
  "next_vesting_withdrawal": "1969-12-31T23:59:59",
  "withdrawn": 0,
  "to_withdraw": 0,
  "withdraw_routes": 0,
  "curation_rewards": 0,
  "posting_rewards": 48096,
  "proxied_vsf_votes": [
    0,
    0,
    0,
    0
  ],
  "witnesses_voted_for": 0,
  "last_post": "2016-07-09T18:41:36",
  "last_root_post": "2016-07-09T18:41:36",
  "last_vote_time": "2016-09-30T16:21:42",
  "post_bandwidth": 0,
  "pending_claimed_accounts": 0,
  "vesting_balance": "0.000 STEEM",
  "reputation": "657530954359",
  "transfer_history": [],
  "market_history": [],
  "post_history": [],
  "vote_history": [],
  "other_history": [],
  "witness_votes": [],
  "tags_usage": [],
  "guest_bloggers": [],
  "rank": 17548
}

Withdraw Routes

IncomingOutgoing
Empty
Empty
{
  "incoming": [],
  "outgoing": []
}
From Date
To Date
2019/07/09 15:07:21
authorsteemitboard
bodyCongratulations @singulardtv! You received a personal award! <table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@singulardtv/birthday3.png</td><td>Happy Birthday! - You are on the Steem blockchain for 3 years!</td></tr></table> <sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@singulardtv) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=singulardtv)_</sub> ###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!
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parent authorsingulardtv
parent permlinkwhy-the-dao-debacle-solidified-my-faith-in-ethereum
permlinksteemitboard-notify-singulardtv-20190709t150720000z
title
Transaction InfoBlock #34514130/Trx d32c8e7b514649a51158a652d3d9d2958ace68aa
View Raw JSON Data
{
  "block": 34514130,
  "op": [
    "comment",
    {
      "author": "steemitboard",
      "body": "Congratulations @singulardtv! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@singulardtv/birthday3.png</td><td>Happy Birthday! - You are on the Steem blockchain for 3 years!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@singulardtv) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=singulardtv)_</sub>\n\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
      "json_metadata": "{\"image\":[\"https://steemitboard.com/img/notify.png\"]}",
      "parent_author": "singulardtv",
      "parent_permlink": "why-the-dao-debacle-solidified-my-faith-in-ethereum",
      "permlink": "steemitboard-notify-singulardtv-20190709t150720000z",
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  "op_in_trx": 0,
  "timestamp": "2019-07-09T15:07:21",
  "trx_id": "d32c8e7b514649a51158a652d3d9d2958ace68aa",
  "trx_in_block": 7,
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2018/07/09 17:15:03
authorsteemitboard
bodyCongratulations @singulardtv! You have received a personal award! [![](https://steemitimages.com/70x70/http://steemitboard.com/@singulardtv/birthday2.png)](http://steemitboard.com/@singulardtv) 2 Years on Steemit <sub>_Click on the badge to view your Board of Honor._</sub> **Do not miss the last post from @steemitboard:** [SteemitBoard World Cup Contest - The semi-finals are coming. Be ready!](https://steemit.com/steemitboard/@steemitboard/steemitboard-world-cup-contest-the-semi-finals-are-coming-be-ready) --- **Participate in the [SteemitBoard World Cup Contest](https://steemit.com/steemitboard/@steemitboard/steemitboard-world-cup-contest-collect-badges-and-win-free-sbd)!** Collect World Cup badges and win free SBD Support the Gold Sponsors of the contest: [@good-karma](https://v2.steemconnect.com/sign/account-witness-vote?witness=good-karma&approve=1) and [@lukestokes](https://v2.steemconnect.com/sign/account-witness-vote?witness=lukestokes.mhth&approve=1) --- > Do you like [SteemitBoard's project](https://steemit.com/@steemitboard)? Then **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!
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parent authorsingulardtv
parent permlinkwhy-the-dao-debacle-solidified-my-faith-in-ethereum
permlinksteemitboard-notify-singulardtv-20180709t171503000z
title
Transaction InfoBlock #24030180/Trx e679c2c51a05373e0482805ce70846e02f7f6cdd
View Raw JSON Data
{
  "block": 24030180,
  "op": [
    "comment",
    {
      "author": "steemitboard",
      "body": "Congratulations @singulardtv! You have received a personal award!\n\n[![](https://steemitimages.com/70x70/http://steemitboard.com/@singulardtv/birthday2.png)](http://steemitboard.com/@singulardtv)  2 Years on Steemit\n<sub>_Click on the badge to view your Board of Honor._</sub>\n\n\n**Do not miss the last post from @steemitboard:**\n[SteemitBoard World Cup Contest - The semi-finals are coming. Be ready!](https://steemit.com/steemitboard/@steemitboard/steemitboard-world-cup-contest-the-semi-finals-are-coming-be-ready)\n\n---\n**Participate in the [SteemitBoard World Cup Contest](https://steemit.com/steemitboard/@steemitboard/steemitboard-world-cup-contest-collect-badges-and-win-free-sbd)!**\nCollect World Cup badges and win free SBD\nSupport the Gold Sponsors of the contest: [@good-karma](https://v2.steemconnect.com/sign/account-witness-vote?witness=good-karma&approve=1) and [@lukestokes](https://v2.steemconnect.com/sign/account-witness-vote?witness=lukestokes.mhth&approve=1)\n\n---\n\n> Do you like [SteemitBoard's project](https://steemit.com/@steemitboard)? Then **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!",
      "json_metadata": "{\"image\":[\"https://steemitboard.com/img/notify.png\"]}",
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      "permlink": "steemitboard-notify-singulardtv-20180709t171503000z",
      "title": ""
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  "op_in_trx": 0,
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  "trx_id": "e679c2c51a05373e0482805ce70846e02f7f6cdd",
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  "virtual_op": 0
}
2017/07/09 15:30:21
authorsteemitboard
bodyCongratulations @singulardtv! You have received a personal award! [![](https://steemitimages.com/70x70/http://steemitboard.com/@singulardtv/birthday1.png)](http://steemitboard.com/@singulardtv) Happy Birthday - 1 Year Click on the badge to view your own Board of Honor on SteemitBoard. For more information about this award, click [here](https://steemit.com/steemitboard/@steemitboard/steemitboard-update-8-happy-birthday) > By upvoting this notification, you can help all Steemit users. Learn how [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)!
json metadata{"image":["https://steemitboard.com/img/notifications.png"]}
parent authorsingulardtv
parent permlinkwhy-the-dao-debacle-solidified-my-faith-in-ethereum
permlinksteemitboard-notify-singulardtv-20170709t153023000z
title
Transaction InfoBlock #13535535/Trx 0b18500bbc559e6356fc34160d9614033cc13476
View Raw JSON Data
{
  "block": 13535535,
  "op": [
    "comment",
    {
      "author": "steemitboard",
      "body": "Congratulations @singulardtv! You have received a personal award!\n\n[![](https://steemitimages.com/70x70/http://steemitboard.com/@singulardtv/birthday1.png)](http://steemitboard.com/@singulardtv) Happy Birthday - 1 Year\nClick on the badge to view your own Board of Honor on SteemitBoard.\n\nFor more information about this award, click [here](https://steemit.com/steemitboard/@steemitboard/steemitboard-update-8-happy-birthday)\n> By upvoting this notification, you can help all Steemit users. Learn how [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)!",
      "json_metadata": "{\"image\":[\"https://steemitboard.com/img/notifications.png\"]}",
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      "permlink": "steemitboard-notify-singulardtv-20170709t153023000z",
      "title": ""
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  "op_in_trx": 0,
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  "trx_in_block": 33,
  "virtual_op": 0
}
2016/09/30 16:21:42
authorcoininterview
permlinki-want-to-stream-steemfest-in-amsterdam-2016
votersingulardtv
weight10000 (100.00%)
Transaction InfoBlock #5426346/Trx 89362c863536bd88b358395bf6cdd041d7f3acd1
View Raw JSON Data
{
  "block": 5426346,
  "op": [
    "vote",
    {
      "author": "coininterview",
      "permlink": "i-want-to-stream-steemfest-in-amsterdam-2016",
      "voter": "singulardtv",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-09-30T16:21:42",
  "trx_id": "89362c863536bd88b358395bf6cdd041d7f3acd1",
  "trx_in_block": 1,
  "virtual_op": 0
}
2016/09/30 16:18:15
idfollow
json["follow",{"follower":"singulardtv","following":"coininterview","what":["blog"]}]
required auths[]
required posting auths["singulardtv"]
Transaction InfoBlock #5426277/Trx abb66d79bce7a0053a1dbf6559033581a2f39435
View Raw JSON Data
{
  "block": 5426277,
  "op": [
    "custom_json",
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      "id": "follow",
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      "required_auths": [],
      "required_posting_auths": [
        "singulardtv"
      ]
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-09-30T16:18:15",
  "trx_id": "abb66d79bce7a0053a1dbf6559033581a2f39435",
  "trx_in_block": 0,
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}
singulardtvsent 1.000 SBD to @null- "@coininterview/i-want-to-stream-steemfest-in-amsterdam-2016"
2016/09/30 16:17:30
amount1.000 SBD
fromsingulardtv
memo@coininterview/i-want-to-stream-steemfest-in-amsterdam-2016
tonull
Transaction InfoBlock #5426262/Trx 4c062623b1375efb5ff39c005e33213eb1e8e1f3
View Raw JSON Data
{
  "block": 5426262,
  "op": [
    "transfer",
    {
      "amount": "1.000 SBD",
      "from": "singulardtv",
      "memo": "@coininterview/i-want-to-stream-steemfest-in-amsterdam-2016",
      "to": "null"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-09-30T16:17:30",
  "trx_id": "4c062623b1375efb5ff39c005e33213eb1e8e1f3",
  "trx_in_block": 0,
  "virtual_op": 0
}
singulardtvreceived 0.086 SBD interest payment
2016/09/30 16:17:30
interest0.086 SBD
ownersingulardtv
Transaction InfoBlock #5426262/Trx 4c062623b1375efb5ff39c005e33213eb1e8e1f3
View Raw JSON Data
{
  "block": 5426262,
  "op": [
    "interest",
    {
      "interest": "0.086 SBD",
      "owner": "singulardtv"
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  ],
  "op_in_trx": 0,
  "timestamp": "2016-09-30T16:17:30",
  "trx_id": "4c062623b1375efb5ff39c005e33213eb1e8e1f3",
  "trx_in_block": 0,
  "virtual_op": 1
}
singulardtvcustom json: follow
2016/09/30 16:17:09
idfollow
json["reblog",{"account":"singulardtv","author":"coininterview","permlink":"i-want-to-stream-steemfest-in-amsterdam-2016"}]
required auths[]
required posting auths["singulardtv"]
Transaction InfoBlock #5426255/Trx 6149e547ad2f25d8f6d29996b12e0aa0c918c21c
View Raw JSON Data
{
  "block": 5426255,
  "op": [
    "custom_json",
    {
      "id": "follow",
      "json": "[\"reblog\",{\"account\":\"singulardtv\",\"author\":\"coininterview\",\"permlink\":\"i-want-to-stream-steemfest-in-amsterdam-2016\"}]",
      "required_auths": [],
      "required_posting_auths": [
        "singulardtv"
      ]
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-09-30T16:17:09",
  "trx_id": "6149e547ad2f25d8f6d29996b12e0aa0c918c21c",
  "trx_in_block": 0,
  "virtual_op": 0
}
2016/08/15 20:59:00
authorsingulardtv
permlinkwhy-the-dao-debacle-solidified-my-faith-in-ethereum
voteraurel
weight10000 (100.00%)
Transaction InfoBlock #4113430/Trx f67ed40a3ef614b0a23c4f78e62ab6b24087e08a
View Raw JSON Data
{
  "block": 4113430,
  "op": [
    "vote",
    {
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      "permlink": "why-the-dao-debacle-solidified-my-faith-in-ethereum",
      "voter": "aurel",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-15T20:59:00",
  "trx_id": "f67ed40a3ef614b0a23c4f78e62ab6b24087e08a",
  "trx_in_block": 9,
  "virtual_op": 0
}
vdohsent 0.001 SBD to @singulardtv- "I believe in Steemit, I believe in You! Good afternoon, I want to invite you to support my post dedicated to my dream and development and good advertizing of community of Steemit! I want to make the ..."
2016/08/11 10:57:45
amount0.001 SBD
fromvdoh
memoI believe in Steemit, I believe in You! Good afternoon, I want to invite you to support my post dedicated to my dream and development and good advertizing of community of Steemit! I want to make the balloon on which I am going to visit many large cities and to place the logo and the slogan Steemit on it. Support me and I will support you! URL : https://steemit.com/steem/@vdoh/rise-steemit
tosingulardtv
Transaction InfoBlock #3986908/Trx ef99928f6f8b48b27891e63889031007ec791a5e
View Raw JSON Data
{
  "block": 3986908,
  "op": [
    "transfer",
    {
      "amount": "0.001 SBD",
      "from": "vdoh",
      "memo": "I believe in Steemit, I believe in You!  Good afternoon, I want to invite you to support my post dedicated to my dream and development and good advertizing of community of Steemit! I want to make the balloon on which I am going to visit many large cities and to place the logo and the slogan Steemit on it.  Support me and I will support you!  URL : https://steemit.com/steem/@vdoh/rise-steemit",
      "to": "singulardtv"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-11T10:57:45",
  "trx_id": "ef99928f6f8b48b27891e63889031007ec791a5e",
  "trx_in_block": 1,
  "virtual_op": 0
}
singulardtvreceived 0.054 SBD interest payment
2016/08/11 10:57:45
interest0.054 SBD
ownersingulardtv
Transaction InfoBlock #3986908/Trx ef99928f6f8b48b27891e63889031007ec791a5e
View Raw JSON Data
{
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  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-11T10:57:45",
  "trx_id": "ef99928f6f8b48b27891e63889031007ec791a5e",
  "trx_in_block": 1,
  "virtual_op": 1
}
2016/08/07 05:54:48
authoramihay
bodyUpvoted you
json metadata{}
parent authorsingulardtv
parent permlinkwhy-the-dao-debacle-solidified-my-faith-in-ethereum
permlinkre-why-the-dao-debacle-solidified-my-faith-in-ethereum
title
Transaction InfoBlock #3866219/Trx 316fa98da9e0c004324d6ae11ebc76528242e589
View Raw JSON Data
{
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    {
      "author": "amihay",
      "body": "Upvoted you",
      "json_metadata": "{}",
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      "title": ""
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  "op_in_trx": 0,
  "timestamp": "2016-08-07T05:54:48",
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2016/08/07 05:54:45
authorsingulardtv
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2016/07/13 12:12:27
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2016/07/13 12:09:48
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2016/07/13 12:08:42
authorhimalayanguru
bodyEthereum will come out much much stronger from this. I am a long term Ethereum fan
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2016/07/13 12:08:15
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2016/07/13 12:08:00
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2016/07/12 19:47:24
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2016/07/12 19:47:21
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2016/07/12 12:09:45
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2016/07/12 12:09:27
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2016/07/11 15:59:27
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2016/07/11 15:04:15
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2016/07/10 20:40:12
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2016/07/10 19:17:33
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2016/07/10 18:35:06
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2016/07/10 18:13:09
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2016/07/10 17:13:57
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2016/07/10 17:13:54
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2016/07/10 13:49:15
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2016/07/10 08:05:57
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2016/07/10 06:23:09
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2016/07/10 01:56:48
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2016/07/09 21:08:42
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2016/07/09 18:41:36
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body## How ‘the DAO’ Heist Compares to Legacy Failures http://i.imgsafe.org/1151311268.jpg Written by Zach LeBeau, contribution by Mark D’agostino Since ETH started trading on Poloniex in 2015 I’ve recruited several new etherlings to join the cause. Most are forever grateful — they started buying in at around a dollar. My more recent recruits are not so happy. Let’s just say I feel obliged to buy them drinks whenever we go out. My friends and associates who’ve been on the fence are greater in number than those who took the plunge, so ever since the DAO debacle I’ve fielded my share of, “See! Knew it was a scam! Knew it wouldn’t work! So glad I didn’t buy Ether!” Amidst all the “I told you so’s” what critics don’t realize is that the Ethereum community has already performed better than any legacy regulatory or enforcement agency could ever hope to under similar circumstances. How? The sheer fact that the heisted DAO funds were immediately traceable and measures were in place to both freeze and retrieve those funds is an accomplishment to be lauded. A regulatory or enforcement agency would need to monitor the entire centralized legacy world in real-time with the ability to detect fraud in order to match Ethereum’s detection of the heisted funds. The legacy banking system’s siloed and obfuscated infrastructure makes this virtually impossible. When corporate fraud, theft and impropriety do occur in the legacy world, more often than not the money is untraceable or spent by the time the authorities find out. Let’s take a quick look at some of the biggest legacy failures in history and see if they could have been preventable — or even possible — on Ethereum. **ENRON — Massive accounting fraud wiped out $78 billion in stock market value** and led to the collapse of Arthur Andersen and the passage of the Sarbanes-Oxley Act of 2002. A class action settlement of $7.185 billion was the largest of all time. *Had Enron been running Balanc3 — ConsenSys’ triple-entry accounting application for the Ethereum blockchain — or had Enron’s financial network been running on the blockchain, or even on its own private blockchain, their fraud and improprieties — particularly increasing their earnings numbers — would have been detected long before billions disintegrated.* **BERNIE MADOFF** — The New York money manager’s $65 billion Ponzi scheme, the largest fraud ever by an individual, was exposed in December 2008. **It is well documented that the SEC missed several opportunities to stop the fraud.** *As it has been explained to me by various programmers, a Ponzi scheme like Madoff’s could not have occurred secretively on the blockchain. If someone wanted to code a clear Ponzi scheme it would be apparent to everyone in the ecosystem. Attempting to hide this nefarious behavior would be impossible. The blockchain’s transparent processes would have revealed the applications true purpose, allowing investors to choose if they wanted to participate in a Ponzi scheme or not. Madoff couldn’t have unknowingly bilked investors for billions on Ethereum.* **LEHMAN BROTHERS** — with $600 billion in assets, Lehman failed in September 2008. It was the largest bankruptcy in history and sparked the worldwide financial crisis. **A bankruptcy examiner’s report concluded there were “colorable” claims against its top executives and its auditor, Ernst & Young, for fraud.** Neither the SEC nor the DOJ have so far filed charges. *The sheer amount of leverage and non-performing assets would have been indicators to prevent continuous risky behavior from happening. This situation could have been avoided if all logic existed on the Ethereum blockchain. Continuous funds pouring into highly complex financial derivatives such as CDOs would again have been much more apparent if these transactions existed on an open blockchain ledger. Further, the rising cost of capital Lehman faced in the weeks leading up to bankruptcy would have been yet another example of a red flag investors could have used to heed warning; however these details were kept private behind the guise of a walled off financial system which helped lead to massive investor and pension fund losses.* **MF GLOBAL** — the brokerage firm had $41 billion in assets before failing in October 2011. That put MF Global at #8 on the list of ten largest bankruptcies. **A year later, $1.6 billion in customer assets were still missing and no SEC or DOJ charges had been filed.** *On the Ethereum blockchain… wouldn’t have happened.* The examples go on and on from Worldcom to Fannie Mae to Healthsouth and Tyco. The SEC, the FBI, the DOJ were all late to the party. Investors lost money, and more importantly not only did ordinary people lose money, but they also felt the ramifications of these failures in their daily lives due to the systemic risk introduced to our society. The legacy enforcement and regulatory structure’s only effectiveness seems to be the establishment of systems and regulations after-the-fact, in hopes to detect massive fraud before it happens. More often than not, it isn’t preventative, but reactive. Even the newest example of bureaucratic regulation, Dodd-Frank, has done nothing to prevent additional systemic risk. It has merely transferred money out from banks’ coffers and into consulting firms in order to put together 10,000+ page documents meant to be a playbook if another disaster were to happen. These stress testing scenarios and resolution planning have no real effect on system risk of the financial ecosystem, and merely serve as a form of optics to try and quell the unrest and untrust pervasive in the investing public. Similar to the TSA — they make us no more safe. And while Enron and Worldcom couldn’t have happened on Etheruem, “The DAO” did. How? Why? Lack of foresight, naivete. “The DAO” had holes in it, everyone agrees to that, which a shrewd operator took advantage of. The difference between the fraud in the legacy examples above has less to do with incompetence and more to do with a mixed bag of greed and negligence. The blockchain — as Gavin Wood first put into my head — **_is incorruptible_**. Ethereum takes corruption out of the process. Something the SEC and DOJ should take lessons from. But what Ethereum can’t take out of the process is ignorance and shoddy coding… Human error. The DAO debacle challenges us — all of those people building on top of Ethereum — to be more careful, more anticipatory. It challenges us to be smarter, wiser. It pushes us to create processes to find and correct human error. But human error is something we probably won’t be able to get rid of until AI starts programming the blockchain for us. Until that time — or until the arrival of the Singularity — we need to utilize best practices to ensure the code we use to entrust our values on the Ethereum blockchain is secure.
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      "body": "## How ‘the DAO’ Heist Compares to Legacy Failures\n\nhttp://i.imgsafe.org/1151311268.jpg\n\nWritten by Zach LeBeau, contribution by Mark D’agostino\n\nSince ETH started trading on Poloniex in 2015 I’ve recruited several new etherlings to join the cause. Most are forever grateful — they started buying in at around a dollar. My more recent recruits are not so happy. Let’s just say I feel obliged to buy them drinks whenever we go out. My friends and associates who’ve been on the fence are greater in number than those who took the plunge, so ever since the DAO debacle I’ve fielded my share of, “See! Knew it was a scam! Knew it wouldn’t work! So glad I didn’t buy Ether!”\n\nAmidst all the “I told you so’s” what critics don’t realize is that the Ethereum community has already performed better than any legacy regulatory or enforcement agency could ever hope to under similar circumstances. How? The sheer fact that the heisted DAO funds were immediately traceable and measures were in place to both freeze and retrieve those funds is an accomplishment to be lauded. A regulatory or enforcement agency would need to monitor the entire centralized legacy world in real-time with the ability to detect fraud in order to match Ethereum’s detection of the heisted funds. The legacy banking system’s siloed and obfuscated infrastructure makes this virtually impossible. When corporate fraud, theft and impropriety do occur in the legacy world, more often than not the money is untraceable or spent by the time the authorities find out.\n\nLet’s take a quick look at some of the biggest legacy failures in history and see if they could have been preventable — or even possible — on Ethereum.\n\n**ENRON — Massive accounting fraud wiped out $78 billion in stock market value** and led to the collapse of Arthur Andersen and the passage of the Sarbanes-Oxley Act of 2002. A class action settlement of $7.185 billion was the largest of all time.\n\n*Had Enron been running Balanc3 — ConsenSys’ triple-entry accounting application for the Ethereum blockchain — or had Enron’s financial network been running on the blockchain, or even on its own private blockchain, their fraud and improprieties — particularly increasing their earnings numbers — would have been detected long before billions disintegrated.*\n\n**BERNIE MADOFF** — The New York money manager’s $65 billion Ponzi scheme, the largest fraud ever by an individual, was exposed in December 2008. **It is well documented that the SEC missed several opportunities to stop the fraud.**\n\n*As it has been explained to me by various programmers, a Ponzi scheme like Madoff’s could not have occurred secretively on the blockchain. If someone wanted to code a clear Ponzi scheme it would be apparent to everyone in the ecosystem. Attempting to hide this nefarious behavior would be impossible. The blockchain’s transparent processes would have revealed the applications true purpose, allowing investors to choose if they wanted to participate in a Ponzi scheme or not. Madoff couldn’t have unknowingly bilked investors for billions on Ethereum.*\n\n**LEHMAN BROTHERS** — with $600 billion in assets, Lehman failed in September 2008. It was the largest bankruptcy in history and sparked the worldwide financial crisis. **A bankruptcy examiner’s report concluded there were “colorable” claims against its top executives and its auditor, Ernst & Young, for fraud.** Neither the SEC nor the DOJ have so far filed charges.\n\n*The sheer amount of leverage and non-performing assets would have been indicators to prevent continuous risky behavior from happening. This situation could have been avoided if all logic existed on the Ethereum blockchain. Continuous funds pouring into highly complex financial derivatives such as CDOs would again have been much more apparent if these transactions existed on an open blockchain ledger. Further, the rising cost of capital Lehman faced in the weeks leading up to bankruptcy would have been yet another example of a red flag investors could have used to heed warning; however these details were kept private behind the guise of a walled off financial system which helped lead to massive investor and pension fund losses.*\n\n**MF GLOBAL** — the brokerage firm had $41 billion in assets before failing in October 2011. That put MF Global at #8 on the list of ten largest bankruptcies. **A year later, $1.6 billion in customer assets were still missing and no SEC or DOJ charges had been filed.**\n\n*On the Ethereum blockchain… wouldn’t have happened.*\n\nThe examples go on and on from Worldcom to Fannie Mae to Healthsouth and Tyco. The SEC, the FBI, the DOJ were all late to the party. Investors lost money, and more importantly not only did ordinary people lose money, but they also felt the ramifications of these failures in their daily lives due to the systemic risk introduced to our society. The legacy enforcement and regulatory structure’s only effectiveness seems to be the establishment of systems and regulations after-the-fact, in hopes to detect massive fraud before it happens. More often than not, it isn’t preventative, but reactive. Even the newest example of bureaucratic regulation, Dodd-Frank, has done nothing to prevent additional systemic risk. It has merely transferred money out from banks’ coffers and into consulting firms in order to put together 10,000+ page documents meant to be a playbook if another disaster were to happen. These stress testing scenarios and resolution planning have no real effect on system risk of the financial ecosystem, and merely serve as a form of optics to try and quell the unrest and untrust pervasive in the investing public. Similar to the TSA — they make us no more safe.\n\nAnd while Enron and Worldcom couldn’t have happened on Etheruem, “The DAO” did. How? Why? Lack of foresight, naivete. “The DAO” had holes in it, everyone agrees to that, which a shrewd operator took advantage of.\n\nThe difference between the fraud in the legacy examples above has less to do with incompetence and more to do with a mixed bag of greed and negligence. The blockchain — as Gavin Wood first put into my head — **_is incorruptible_**. Ethereum takes corruption out of the process. Something the SEC and DOJ should take lessons from. But what Ethereum can’t take out of the process is ignorance and shoddy coding… Human error. The DAO debacle challenges us — all of those people building on top of Ethereum — to be more careful, more anticipatory. It challenges us to be smarter, wiser. It pushes us to create processes to find and correct human error. But human error is something we probably won’t be able to get rid of until AI starts programming the blockchain for us. Until that time — or until the arrival of the Singularity — we need to utilize best practices to ensure the code we use to entrust our values on the Ethereum blockchain is secure.",
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2016/07/09 18:40:48
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2016/07/09 18:34:42
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body@@ -23,16 +23,45 @@ Gf_yp4%0A%0A +Contributed by Chaz Luciano%0A%0A Singular
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2016/07/09 18:34:00
authorsingulardtv
body@@ -1332,16 +1332,17 @@ money.%0A +%0A This is @@ -2085,11 +2085,8 @@ a.%0A%0A -1. Fund @@ -2406,11 +2406,8 @@ t.%0A%0A -2. Prod @@ -3164,11 +3164,8 @@ s.%0A%0A -3. Prom @@ -3606,11 +3606,8 @@ m.%0A%0A -4. Dist
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permlinkfuusdk-industry-standards-artists-are-not-slaves
titleFU$K Industry Standards, Artists Are Not Slaves!
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2016/07/09 18:33:42
authorpfunk
bodyHello, would you mind verifying your account via [your Twitter](https://twitter.com/SingularDTV)? Thanks :)
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2016/07/09 18:33:09
authorsingulardtv
bodyhttp://i.imgsafe.org/1412bc5a1f.jpeg Contributed by Chaz Luciano “Ladies and Gentlemen… the Revolution…” The first words from the film, Purple Rain. Relevant not because of Prince’s recent, tragic passing, but because he was one of the first major pop artists to stand up against the machine and the unnecessary, often lecherous “middle man”. What incentivizes the middleman? Profit. What incentivizes producers to use a middleman? Utility. Why do consumers purchase the end product from a specific middleman? Cost and availability. This pattern is evident in any large-scale consumer industry. Producers deal with labels deal with distributors deal with promoters deal with retailers. Each layer takes their profit. If someone is getting hosed, it’s probably the producers and consumers — the ones at the ends of the chain. They are largely replaceable, while the network of labels, distributors and retailers is much smaller. Most content producers can’t afford to be choosy. Most middlemen can. For the average content producer, this lack of leverage is a fact of life. Artists are all too familiar with having to compromise their vision for the sake of making something commercially viable. More insidiously, this dynamic manifests itself as self-censorship. Most obviously, the ones with all the leverage make most of the money. This is not an indictment of middlemen in general, just an observation of a zero-sum game. Everyone takes their share from the pool of ((gross sales) — (expenses)). If the major labels, the major studios, or the major galleries are the only way for an artist to access the market, it stands to reason that those majors will be able to bargain a much larger share than if the artists had other viable options. What are these middlemen providing that allows them to demand such a premium for their services? If we are going to theorize a better way, it is important to know just which services content creators need in order to bring their product to market. We’ll use the music industry as an example, but the concepts apply equally to all media. 1. Funding — When a band gets signed, they get a cash advance with which to record the album. This money gets repaid in full before the band gets their share of the royalties. This could be arranged on the blockchain through a series of smart contracts, for a fraction of the cost of a major label’s accounting department. 2. Production — Expertise is expensive. Labels can afford the very best, but they’re not the one’s paying for it. That usually comes out of the artist’s advance, which the label will recoup before the artist begins getting paid. It is not unusual for an artist to be over $1 million in debt on the eve of their first major label release, even these days where there is little demand for physical albums and production costs are way, way down. While the expertise will always be costly, a community of content producers could share the cost much more equitably than a major label. Membership in this community could provide access to certain aspects of production, mastering and encoding in particular, with discounts comparable to the one a major label gets. 3. Promotion — The promotion costs are often taken out of the artist’s advance as well. Mostly this takes the form of in-store displays of folded cardboard. Artists pay handsomely for this privilege, but nobody buys albums in stores anymore. Digital advertising is available to individuals, but a community of content creators could negotiate advertising deals with the leverage of a major label, undercutting the current “pay to play” system. 4. Distribution — The ultimate goal of any productive enterprise is to get your product in the hands of the consumer, and the consumer’s money in your pocket. Major labels have sweetheart deals with retail stores and streaming services to facilitate this, but on the way they take something like 2/3rds of the profit for themselves. The internet allows artists to reach their audience directly, but this lacks the reach of traditional label distribution. A community of independent artists could achieve similar negotiating power with retailers and streamers without sacrificing the freedom of the artists. The efficiency of the blockchain is a complete revolution in the entertainment business. The innovation it enables will serve content producers and disintermediate middlemen throughout the industry. With secure blockchain smart contracts, the obfuscated accounting and contracting practices that underlie the system of major labels who take advantage of content creators is no more. Revenue splits can be made open and instantaneous. This changes the game dramatically. SingularDTV, Ujo, and other creative communities that are growing up around this new framework will be ones that inherently respect artistic freedom and don’t practice censorship, while having similarly wide ranging support to a major label. The mission of decentralization is to ensure technology empowers not just the lucky few with privileged access, but humanity as a whole. The revolution might not be televised, but now that we have these amazing tools in blockchains and smart contracts, the rise of a better way is near inevitable.
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      "body": "http://i.imgsafe.org/1412bc5a1f.jpeg\n\nContributed by Chaz Luciano\n\n“Ladies and Gentlemen… the Revolution…” The first words from the film, Purple Rain. Relevant not because of Prince’s recent, tragic passing, but because he was one of the first major pop artists to stand up against the machine and the unnecessary, often lecherous “middle man”.\n\nWhat incentivizes the middleman? Profit. What incentivizes producers to use a middleman? Utility. Why do consumers purchase the end product from a specific middleman? Cost and availability.\n\nThis pattern is evident in any large-scale consumer industry. Producers deal with labels deal with distributors deal with promoters deal with retailers. Each layer takes their profit. If someone is getting hosed, it’s probably the producers and consumers — the ones at the ends of the chain. They are largely replaceable, while the network of labels, distributors and retailers is much smaller. Most content producers can’t afford to be choosy. Most middlemen can.\n\nFor the average content producer, this lack of leverage is a fact of life. Artists are all too familiar with having to compromise their vision for the sake of making something commercially viable. More insidiously, this dynamic manifests itself as self-censorship. Most obviously, the ones with all the leverage make most of the money.\nThis is not an indictment of middlemen in general, just an observation of a zero-sum game. Everyone takes their share from the pool of ((gross sales) — (expenses)). If the major labels, the major studios, or the major galleries are the only way for an artist to access the market, it stands to reason that those majors will be able to bargain a much larger share than if the artists had other viable options.\n\nWhat are these middlemen providing that allows them to demand such a premium for their services? If we are going to theorize a better way, it is important to know just which services content creators need in order to bring their product to market. We’ll use the music industry as an example, but the concepts apply equally to all media.\n\n1. Funding — When a band gets signed, they get a cash advance with which to record the album. This money gets repaid in full before the band gets their share of the royalties. This could be arranged on the blockchain through a series of smart contracts, for a fraction of the cost of a major label’s accounting department.\n\n2. Production — Expertise is expensive. Labels can afford the very best, but they’re not the one’s paying for it. That usually comes out of the artist’s advance, which the label will recoup before the artist begins getting paid. It is not unusual for an artist to be over $1 million in debt on the eve of their first major label release, even these days where there is little demand for physical albums and production costs are way, way down.\n\nWhile the expertise will always be costly, a community of content producers could share the cost much more equitably than a major label. Membership in this community could provide access to certain aspects of production, mastering and encoding in particular, with discounts comparable to the one a major label gets.\n\n3. Promotion — The promotion costs are often taken out of the artist’s advance as well. Mostly this takes the form of in-store displays of folded cardboard. Artists pay handsomely for this privilege, but nobody buys albums in stores anymore. Digital advertising is available to individuals, but a community of content creators could negotiate advertising deals with the leverage of a major label, undercutting the current “pay to play” system.\n\n4. Distribution — The ultimate goal of any productive enterprise is to get your product in the hands of the consumer, and the consumer’s money in your pocket. Major labels have sweetheart deals with retail stores and streaming services to facilitate this, but on the way they take something like 2/3rds of the profit for themselves. The internet allows artists to reach their audience directly, but this lacks the reach of traditional label distribution. A community of independent artists could achieve similar negotiating power with retailers and streamers without sacrificing the freedom of the artists.\n\nThe efficiency of the blockchain is a complete revolution in the entertainment business. The innovation it enables will serve content producers and disintermediate middlemen throughout the industry. With secure blockchain smart contracts, the obfuscated accounting and contracting practices that underlie the system of major labels who take advantage of content creators is no more. Revenue splits can be made open and instantaneous. This changes the game dramatically.\n\nSingularDTV, Ujo, and other creative communities that are growing up around this new framework will be ones that inherently respect artistic freedom and don’t practice censorship, while having similarly wide ranging support to a major label. The mission of decentralization is to ensure technology empowers not just the lucky few with privileged access, but humanity as a whole.\n\nThe revolution might not be televised, but now that we have these amazing tools in blockchains and smart contracts, the rise of a better way is near inevitable.",
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2016/07/09 18:30:45
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2016/07/09 18:26:30
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2016/07/09 18:26:30
authorsingulardtv
bodyhttp://i.imgsafe.org/1412bc5a1f.jpeg Contributed by Chaz Luciano “Ladies and Gentlemen… the Revolution…” The first words from the film, Purple Rain. Relevant not because of Prince’s recent, tragic passing, but because he was one of the first major pop artists to stand up against the machine and the unnecessary, often lecherous “middle man”. What incentivizes the middleman? Profit. What incentivizes producers to use a middleman? Utility. Why do consumers purchase the end product from a specific middleman? Cost and availability. This pattern is evident in any large-scale consumer industry. Producers deal with labels deal with distributors deal with promoters deal with retailers. Each layer takes their profit. If someone is getting hosed, it’s probably the producers and consumers — the ones at the ends of the chain. They are largely replaceable, while the network of labels, distributors and retailers is much smaller. Most content producers can’t afford to be choosy. Most middlemen can. For the average content producer, this lack of leverage is a fact of life. Artists are all too familiar with having to compromise their vision for the sake of making something commercially viable. More insidiously, this dynamic manifests itself as self-censorship. Most obviously, the ones with all the leverage make most of the money. This is not an indictment of middlemen in general, just an observation of a zero-sum game. Everyone takes their share from the pool of ((gross sales) — (expenses)). If the major labels, the major studios, or the major galleries are the only way for an artist to access the market, it stands to reason that those majors will be able to bargain a much larger share than if the artists had other viable options. What are these middlemen providing that allows them to demand such a premium for their services? If we are going to theorize a better way, it is important to know just which services content creators need in order to bring their product to market. We’ll use the music industry as an example, but the concepts apply equally to all media. 1. Funding — When a band gets signed, they get a cash advance with which to record the album. This money gets repaid in full before the band gets their share of the royalties. This could be arranged on the blockchain through a series of smart contracts, for a fraction of the cost of a major label’s accounting department. 2. Production — Expertise is expensive. Labels can afford the very best, but they’re not the one’s paying for it. That usually comes out of the artist’s advance, which the label will recoup before the artist begins getting paid. It is not unusual for an artist to be over $1 million in debt on the eve of their first major label release, even these days where there is little demand for physical albums and production costs are way, way down. While the expertise will always be costly, a community of content producers could share the cost much more equitably than a major label. Membership in this community could provide access to certain aspects of production, mastering and encoding in particular, with discounts comparable to the one a major label gets. 3. Promotion — The promotion costs are often taken out of the artist’s advance as well. Mostly this takes the form of in-store displays of folded cardboard. Artists pay handsomely for this privilege, but nobody buys albums in stores anymore. Digital advertising is available to individuals, but a community of content creators could negotiate advertising deals with the leverage of a major label, undercutting the current “pay to play” system. 4. Distribution — The ultimate goal of any productive enterprise is to get your product in the hands of the consumer, and the consumer’s money in your pocket. Major labels have sweetheart deals with retail stores and streaming services to facilitate this, but on the way they take something like 2/3rds of the profit for themselves. The internet allows artists to reach their audience directly, but this lacks the reach of traditional label distribution. A community of independent artists could achieve similar negotiating power with retailers and streamers without sacrificing the freedom of the artists. The efficiency of the blockchain is a complete revolution in the entertainment business. The innovation it enables will serve content producers and disintermediate middlemen throughout the industry. With secure blockchain smart contracts, the obfuscated accounting and contracting practices that underlie the system of major labels who take advantage of content creators is no more. Revenue splits can be made open and instantaneous. This changes the game dramatically. SingularDTV, Ujo, and other creative communities that are growing up around this new framework will be ones that inherently respect artistic freedom and don’t practice censorship, while having similarly wide ranging support to a major label. The mission of decentralization is to ensure technology empowers not just the lucky few with privileged access, but humanity as a whole. The revolution might not be televised, but now that we have these amazing tools in blockchains and smart contracts, the rise of a better way is near inevitable.
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      "body": "http://i.imgsafe.org/1412bc5a1f.jpeg\n\nContributed by Chaz Luciano\n\n“Ladies and Gentlemen… the Revolution…” The first words from the film, Purple Rain. Relevant not because of Prince’s recent, tragic passing, but because he was one of the first major pop artists to stand up against the machine and the unnecessary, often lecherous “middle man”.\n\nWhat incentivizes the middleman? Profit. What incentivizes producers to use a middleman? Utility. Why do consumers purchase the end product from a specific middleman? Cost and availability.\n\nThis pattern is evident in any large-scale consumer industry. Producers deal with labels deal with distributors deal with promoters deal with retailers. Each layer takes their profit. If someone is getting hosed, it’s probably the producers and consumers — the ones at the ends of the chain. They are largely replaceable, while the network of labels, distributors and retailers is much smaller. 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If we are going to theorize a better way, it is important to know just which services content creators need in order to bring their product to market. We’ll use the music industry as an example, but the concepts apply equally to all media.\n\n1. Funding — When a band gets signed, they get a cash advance with which to record the album. This money gets repaid in full before the band gets their share of the royalties. This could be arranged on the blockchain through a series of smart contracts, for a fraction of the cost of a major label’s accounting department.\n\n2. Production — Expertise is expensive. Labels can afford the very best, but they’re not the one’s paying for it. That usually comes out of the artist’s advance, which the label will recoup before the artist begins getting paid. It is not unusual for an artist to be over $1 million in debt on the eve of their first major label release, even these days where there is little demand for physical albums and production costs are way, way down.\n\nWhile the expertise will always be costly, a community of content producers could share the cost much more equitably than a major label. Membership in this community could provide access to certain aspects of production, mastering and encoding in particular, with discounts comparable to the one a major label gets.\n\n3. Promotion — The promotion costs are often taken out of the artist’s advance as well. Mostly this takes the form of in-store displays of folded cardboard. Artists pay handsomely for this privilege, but nobody buys albums in stores anymore. Digital advertising is available to individuals, but a community of content creators could negotiate advertising deals with the leverage of a major label, undercutting the current “pay to play” system.\n\n4. Distribution — The ultimate goal of any productive enterprise is to get your product in the hands of the consumer, and the consumer’s money in your pocket. Major labels have sweetheart deals with retail stores and streaming services to facilitate this, but on the way they take something like 2/3rds of the profit for themselves. The internet allows artists to reach their audience directly, but this lacks the reach of traditional label distribution. A community of independent artists could achieve similar negotiating power with retailers and streamers without sacrificing the freedom of the artists.\n\nThe efficiency of the blockchain is a complete revolution in the entertainment business. The innovation it enables will serve content producers and disintermediate middlemen throughout the industry. With secure blockchain smart contracts, the obfuscated accounting and contracting practices that underlie the system of major labels who take advantage of content creators is no more. Revenue splits can be made open and instantaneous. This changes the game dramatically.\n\nSingularDTV, Ujo, and other creative communities that are growing up around this new framework will be ones that inherently respect artistic freedom and don’t practice censorship, while having similarly wide ranging support to a major label. The mission of decentralization is to ensure technology empowers not just the lucky few with privileged access, but humanity as a whole.\n\nThe revolution might not be televised, but now that we have these amazing tools in blockchains and smart contracts, the rise of a better way is near inevitable.",
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2016/07/09 18:21:21
authorsingulardtv
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2016/07/09 18:21:15
authorsingulardtv
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2016/07/09 18:21:09
authorsingulardtv
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2016/07/09 18:17:18
authorsingulardtv
permlinkdoes-ethereum-have-a-public-image-we-hit-the-streets-of-nyc-to-find-out
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2016/07/09 18:17:18
authorsingulardtv
bodyhttps://youtu.be/CuA1XGf_yp4 SingularDTV hit the streets over weekend to find out what New Yorkers know about Ethereum. As you can probably guess, the random NYC sidewalkers don’t have a clue. We don’t think this is a bad thing at all. Straight to the point; the general population has no direct interest in whether or not Ethereum becomes the de facto public blockchain. Market share is won at the level of developers/content producers. At present, the EVM’s value is to the dev, who can then pass it on to consumers and undercut non-blockchain competition. Perhaps it makes zero difference whether Joe Schmo has heard of Ethereum? He doesn’t know whether he paid Sony, Universal or Warner for the last album he bought, doesn’t care whether his 4G signal is WiMAX or LTE — those are just platforms for the things he wants to buy. To SingularDTV, Ethereum is a revolution, a movement into a new decentralized paradigm. It’s all about finding ways to take centralized assets and decentralize them as efficiently as possible. But to the average future user, Ethereum is probably just a platform for things people want to buy and use. The way to grow a platform is to fill it with things people want to use and make it easy for them to buy. Lemonade got everyone to sign up for Tidal, but the app’s shortfalls made sure everyone fled once the free trial expired. Ethereum can’t make the same mistake as Tidal. Perhaps there is no reason to invite the common user in at this point? The past year has seen great strides made in accessibility, but there is still a ways to go before the Ethereum ecosystem resembles anything near approachable to the average end-user. In the mean time, the best way to grow the community is to contribute to development in the space, make it so that when the end-users do arrive, there is a ton of useful stuff for them to enrich their lives. SingularDTV’s entertainment content will start rolling out this December in the form of Ethereum-centric documentaries, and Singular our sci-fi TV series will launch the Summer of 2017. Does anyone else think that trying to explain Ethereum to the layperson is premature? Or do we need to make the effort to convert them in whatever manner possible, one at a time if we have to?
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permlinkdoes-ethereum-have-a-public-image-we-hit-the-streets-of-nyc-to-find-out
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Witness Votes

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