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'SingularDTV' Will Use Ethereum For DRM On A Sci-Fi TV Show (rocknerd.co.uk)
It's "an epic sci-fi adventure about the human race's journey into a theoretical technological Singularity." Or is it an "entertainment industry boondoggle...part DRM snake oil marketing, part pseudo-Bitcoin scam and part sincere Singularitarian weirdness?"
Long-term Slashdot reader David Gerard writes:
SingularDTV is an exciting new blockchain-based entertainment industry startup. Their plan is to adapt the DRM that made $121.54 for Imogen Heap, make their own completely pre-mined altcoin and use that to somehow sell two million views of a sci-fi TV show about the Singularity. Using CODE, which is explicitly modeled on The DAO ... which spectacularly imploded days after its launch. There's a white paper [PDF], but here's an analysis of why these schemes are a terrible idea for musicians.
'Singular' will be a one-hour adventure/drama "that explores the impact technology will have on the future of our planet and how it will shape the evolution of our human race," set in the years 2021 to 2045, "as an unprecedented technological revolution sweeps over the world..."
'Singular' will be a one-hour adventure/drama "that explores the impact technology will have on the future of our planet and how it will shape the evolution of our human race," set in the years 2021 to 2045, "as an unprecedented technological revolution sweeps over the world..."
Could not make any connection out of two readings of it.
This buzzword salad has to be some sort of investment scam. There's no way they can be delusional enough to think this is actually a revenue-maker.
this really manages to fall below them. Was there anything in that summary that was supposed to make sense?
I still have more fans than freaks. WTF is wrong with you people?
Monotonectally facilitate efficient intellectual capital! Enthusiastically strategize strategic paradigms! Credibly productize leading-edge scenarios!
I read it 1.5 times and gave up.
sig: sauer
There's a company with something that's like Bitcoin, except that they mined a whole shitload of it first before releasing it to the public.
This company plans now to make a television show.
You can only watch this you purchase it, and you can only purchase it using their Bitcoin clone.
They have their own proprietary DRM that they think will prevent anyone from pirating this show.
This scheme (their DRM paired with their Bitcoin clone) has already been attempted by this company; it was previously used to sell a single from musician Imogen Heap. In that case, it made a whole $121.
It appears as though this is some type of scam, but it's not exactly clear how it's supposed to pay off for them. I speculate that they're going to throw the whole idea at investors and try to nab someone stupid enough to be blinded by the buzzwords, but I don't know.
I think I've arrived at a human translation: Some company wants to raise money to make a Sci-Fi show that can only be purchased via some BitCoin knockoff. However, this same distribution mechanism has failed spectacularly for musicians in the past.
-Arthur
Cave ne ante ullas catapultas ambules
I went with +1 insightful, because there was no +1 god damn magical Turing like decoding power
Oh good, I was afraid I was the only one who didn't understand a fucking word of the summary.
I recognized some of the words, but the meaning escapes me.
Just cruising through this digital world at 33 1/3 rpm...
^^^^^^^ Yeah, what jjeffries said.
And don't forget to leverage existing core-competencies for exigent customer-facing scenarios.
Just cruising through this digital world at 33 1/3 rpm...
My first language is not english but
I would have thought that would be an advantage.
Sheesh, evil *and* a jerk. -- Jade
microdoses of LSD... it's supposed to be MICRODOSES help you focus and be more creative. Taking several regular doses might make the day go by easier, but it won't help you write comprehensible shopping lists, let alone article summaries.
You've obviously never worked in Craft services. That kind of money won't even buy the mustard to cut for 10 sandwiches :).
errr....umm...*whooosh* *whoosh* Is this thing on ?
it's just using blockchains for distributed DRM so they don't have to rely on the Record Industry's stores. Probably mostly so when the files show up on a torrent tracker they know who uploaded them. There's lots of stuff in there about eliminating parasitic record contracts but they kinda ignore the whole part where the record companies pay the bills while your tour ( albeit on credit and and horrendous interest rates, but try getting a loan from a bank to go tour with your band sometime ). Record companies also get your stuff on the radio and get you into venues. Blockchain and tech don't do anything about that.
Hi! I make Firefox Plug-ins. Check 'em out @ https://addons.mozilla.org/en-US/firefox/addon/youtube-mp3-podcaster/
I recognized most of the words in the summary, just not in the order they were placed in.
Things make money due to marketing. That is the cruel truth. Popular music and TV and movies are popular because of marketing. Most popular movies are pure crap, including all the Marvel movies. But due to marketing people spend billions to see them. So any scheme that doesn't include marketing isn't going to work.
Pretty much by definition, anything post-Singularity will be incomprehensible to anyone pre-Singularity, so any story actually based post-Singularity will either be faking it or be incomprehensible.
From the looks of that summary, they've got a pretty good start on the latter....
-- Alastair
I'm sorry, w6'r6 all out of (sold out)s. Could I int6r6st you in a bar6ly us6d 6?
Or a form of synesthesia. I read the summary and smell bullshit.
If you can only watch it by using their new coin, they probably want to build up a user-base. This will hopefully raise the price of the coin, making their pre-mined coins a lot more valuable.
Blockchain-based entertainment industry startup SingularDTV plans to use distributed computation network Ethereum to sell access to a new Sci-Fi television show about the Singularity. The Ethereum Blockchain is known for it's 'Smart Contracts' or distributed programs that can handle transactions of arbitrary tokens between different cryptographically signed accounts. Unlike Bitcoin, Ethereum Tokens can be created in any quantity at will for any purpose without the need for computationally expensive mining operations.
SingularDTV will create their own Ethereum Token backed by a Smart Contract to handle access to their show, this is made possible by the cryptographically signed accounts and public blockchain so you can mathematically prove you control the account which has the access token in it.