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Exchange listing to be announced

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About

What is Tangle ?

Tangle is a trustless, decentralized Neblio Application for prediction markets. The outcomes of Tangle's prediction markets are chosen by users that hold Tangle's native TGL token, who benefit when an outcome is achieved and, in return, receive settlement fees from the markets.

We are building a Neblio Prediction Market
Utilizing the power of Tachyon

Tangle’s incentive structure is designed to ensure that honest and accurate reporting of outcomes is always the most profitable option for TGL token holders.

Token holders can dispute proposed market outcomes within the given window. Through the use of Tangle, users will have the ability to position in prediction markets at minimal cost capitalizing on the efficacy of the Neblio platforms low transaction costs. The only significant expenses participants assume is compensation to market creators. The result is a prediction market where trust requirements, friction, and fees will be as low as competitive market forces can drive them. 

Tangle aims to resolve markets in a fully decentralized way through the empowerment of users to create their own markets, participate in them, dispute results they deem inaccurate. If a user is up for it and owns a website, blog or any other agency, they can create their own white label prediction market in easy steps modelled off Tangle’s platform.The entire procedure results in complete automation and independence.

Solution

Problem & Solution

Through the use of Tangle, users will have the ability to position in prediction markets at minimal cost
capitalizing on the efficacy of the Neblio platform's low transaction costs.

Problem

From a historical standpoint, prediction markets have been under the control of central authority. The simplest way to aggregate positions in a prediction market is for a trustworthy entity to maintain a ledger; similarly, the simplest way to determine the outcome of an event and distribute payouts to traders is for an impartial, trusted judge to determine the outcomes of the markets. As is obvious, centralized prediction markets inherently carry many risks and limitations: they do not allow global participation, they limit what types of markets can be created or positioned, and they require traders to trust the market operator.

problems-graphic

Solution

Tangle aims to resolve markets in a fully decentralized way through the empowerment of users to create their own markets, participate in them, dispute results they deem inaccurate. If a user is up for it and owns a website, blog or any other agency, they can create their own white label prediction market in easy steps modelled off Tangle’s platform.The entire procedure results in complete automation and independence.

problems-graphic
Documentation

White Paper

All details provided within the document have been executed with due diligence.
No research is without anomaly and as such content is subject to change.

whitepaper

Prediction Markets

Tangle is created with the intent to demonstrate complete decentralizing on Neblio’s Proof of Stake Network. This means that once the project is completed it will be free from centralized parties that can leverage its system exclusively for profit purposes. The users of Tangle are the sole beneficiaries. This includes and is not limited to the creators who will need to participate in the economy actively to gain rewards.

Tangle should demonstrate all the key attributes of a decentralized economy when completed. These include but are not limited to: community involvement, improvement proposals, beneficial to all participants and trustless.

The funds raised will be used for the project development and growth. There will not be any allocated to the team for salaries as the creators are not seeking an alternative to their current roles in their careers. Though this project will be made a reality via  a token sale. It is explicitly understood that Tangle observes all legal requirements for listing. Fees are not always attributed to listings but legal opinions are required for which funds will be allocated. Tangle can guarantee one exchange with favorable distribution among currencies listed.

Valuation

Token Sale

The first token sale takes place for private investors in February.
USDT was raised in an effort to mitigate against fluctuating cryptocurrency prices.

Token Sale will start in
  • Early Purchase
  • Mid Purchase
  • Late Purchase
  • |
  • |
  • |
Target Raised
1000 USDT / 800 NEBL = 10000 TGL
Purchase Token

We have completed our private sale!
Token prices listed are a reflection of public sale: The price is fixed at $1000 = 10000 TGL

  • Private Sale ends February 28
  • Acceptable currencies USDT, NEBL, ETH
  • Token Sale starts April 14 (25% discount until end of sale)
  • Min. transaction 100 USDT, 1 ETH, 80 NEBL, 8 BNB, 14 NEO
  • Token Sale ends April 26
  • Number for sale 10,125,000 TGL
Roadmap

Timeline

February 2019
Private Sale
March 2019
Presale & Public
Sale
Live Now
May 2019
Exchange Listing, Alpha Release &
Closed Testing
July 2019
Beta Release &
Selective Testing
September 2019
Product Release
& Testing, White Label
October 2019
Techcrunch San
Francisco Disrupt
November 2019
Neblio (NTP-1) Chrome Extension Wallet
December 2019
Mobile App for
Android & iOS
TGL TOKEN

Procedure

Tangle prediction markets consist of four static phases and one dynamic phase :
Create, position, report, settle and the dynamic phase of dispute.

token-distribution

TGL

Anyone holding the requisite amount of TGL can create a market based on any real-world event. Trading begins immediately after market creation, and all TGL holders  are free to position on any market. After the event on which the market is based has occurred, the outcome of the event is validated through an API call. Once the outcome is determined, buyers can collect their payouts.

Tangle has a native token, TGL  (TGL). TGL is needed required by all parties who participate in the market.  Although TGL plays a central role in Tangle’s function, it is not used as for financial hedging - Neblio’s native currency NEBL is exclusive for this purpose.

DISTRIBUTION

Token Economics

The standard fees for the main protagonists in the network is 20,089 TGL. Outside of users who position on a market they are the earners.
Market Creator: 10% (~20,089 TGL to be a market creator) ~Disputant: 5% (~20,089 TGL to be disputant)

token-distribution

Details

Sale
Private Sale: 1,000,000 (0.05) - 6 month lock-up period*
Token Sale (early): 2,000,000 (0.10)
Token Sale (extended): 8,125,000 (0.12)

Bounty: 125,000

Team: 1,250,000

Symbol: TGL

Initial Value: $2008.90 = 20089 TGL

Type: NTP-1

TANGLE

Team

The definition of a dream team as we imagine it.
All star developers supported by previous blockchain experience and active GitHub contributions.

4

Creative and
Dedicated People

45

Years of combined experience

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Debra Gail
Lead Developer
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Alexandr Lesan
Developer
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Alex Shumilov
Developer
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Nikita Alexandar
Developer
JOIN US

Contact

Have questions? We’re happy to help.

  • services@tangledapp.io
  • Join us on Telegram
Answers

Frequently Asked Questions

Tangle is an ICO that issues tokens that observe a circular economy in which all actors of the system benefit with no one entity incentivized to "game" the system.
All participants with the exception of private sale investors will receive their tokens 48 hours after the sale. Private sale investors will receive their tokens 6 months later.
No, this is not recommend.