ICO & Blockchain words you need to know !

From what I've read an IPO is like a bitcoin but it has s brain ! It can do stuff ! Where's as bitcoin is like precious metals only a lot lighter .... actually it has no weight ! It's like anti gravity I guess ! But it's designed to be spent that's it ! But a IPO can have condition attached to it like getting married ! I guess it can involve love & hate ! Contractual stuff !

I read this on line concerning IPO's

Property: SNGLS are an expression of IP inside a programmable token. The IP SNGLS represent is derived from SingularDTV’s proprietary content — the modules/apps and original content we produce.
Utility: SNGLS is also a utility token in the sense that you need SNGLS to operate many of the modules in the SingularDTV ecosystem. Additionally, when Ethereum’s protocol is upgraded to allow for tokens to be the gas that pushes transactions through the network, the SNGLS token will achieve absolute utility and greater value.
Income/Rewards: SNGLS manage the flow of income and rewards generated through consumption and participation in the ecosystem that are distributed to token holders.
Fungibility: The most known and understood attribute of SNGLS, is that they are fungible.

This is for non everyday type that can decipher its meaning ! You might have to have a dregree in contractual law to understand it !

It's probadly like getting a divorce and having to deal with all the technical jargon ! But in the end it an agreed upon stipulation of a contract !

So I would say the IPO will probadly win the day in the crypto survival game ! I'd like the bitcoin to the first bicycle and Ertherium to a new BMW ! More technology !