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 andaccurate 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 and to users that report on the outcomes of markets once the event has taken place. The result is a prediction market where trust requirements, friction, and fees will be as low as competitive market forces can drive them.
ists can be created or positioned, and they require traders to trust the market operator.


Tangle aims to resolve markets in a fully decentralized way through utilization of the Neblio Blockchain. The only role of the Tangle developers is to push opcodes to the Neblio Network and automate APIs for its creation, reporting and dispute processes. The entire procedure results in complete automation. Tangle allows information to be migrated to the blockchain without relying on a centralized authority.

What is Crypto?
How it works
Solution

Problem & Solution

More than $40 million in assets were placed under restraint pending forfeiture, and more than 30
Liberty Reserve exchanger domain names were seized.

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 utilization of the Neblio Blockchain. The only role of the Tangle developers is to push opcodes to the Neblio Network and automate APIs for its creation, reporting and dispute processes. The entire procedure results in complete automation. Tangle allows information to be migrated to the blockchain without relying on a centralized authority.

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

Purpose

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.

Public Sale will start in
  • Pre-Sale
  • Soft Cap
  • Bonus
  • |
  • |
  • |
35% target raised
1000 USDT / 800 NEBL = 25000 TGL
Purchase Token

We have successfully reached the soft cap!
Token prices listed are a reflection of public sale: The price is fixed at $1000 = 25,000 TGL

  • Private Sale ends February 28
  • Acceptable currencies USDT, NEBL, ETH
  • Pre-Sale (Invitation) ends March 15
  • Min. transaction 100 USDT, 10 ETH, 80 NEBL
  • Public Sale starts March 16
  • Number of tokens sale 25,000,000 TGL
Roadmap

Implementation Sheet

This is a list of cryptocurrencies. The number of cryptocurrencies available over
the internet as of 7 January 2018 is over 1384 and growing.

November 2017
Crypto Igo
Platform idea
January 2018
Technical & strategy
devlopment
May 2018
Igo Realease Live Now
August 2018
Beta version of
Crypto Igo
November 2018
Software development kit
for integrations
December 2018
Mobile apps for
iOS & Android
TGL TOKEN

PROCEDURE

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

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 determined by the Reporter’s API. Once the outcome is determined, traders can close out their positions and collect their payouts.


Tangle has a native token, TGL  (TGL). TGL is needed required by all parties who participate in the market. Reporters report on a market by staking the requisite amount of TGL and placed in a probabilistic cycle. In doing so, reporters with more TGL have more opportunities to declare outcomes. The consensus of a market's reporters is considered the truth for the purpose of determining the market's outcome.


Owning TGL, and participating in the accurate reporting on the outcomes of events, token holders are entitled to a portion of the fees on the platform. 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.

ECONOMICS

Token Distribution

The IGO usually takes place before the project is completed, and helps fund the expenses
undertaken by the founding team until launch. For some of the larger projects.

token-distribution

Details

{Max Supply: 19,890,000}
{Initial Supply: 2,750,000}
{Hourly Emission Rate: 66}
{Daily Emission Rate: 1,584}
{Weekly Emission Rate: 11,088}
{Monthly Emission Rate: 47,520}
{Annual Emission Rate: 578,160}
{Projected End Max Supply Year: 2048}

Market Creator: 5% (~19890 TGL to be a market creator)
Reporter: 5% (~19890 TGL to be a reporter)
~Disputant: 5% (~19890 TGL to be disputant)



Symbol: TGL

Initial Value: $1000 = 25000 TGL

Type: NTP-1

TANGLE

TEAM

Digital currency is a money balance recorded electronically on
a stored-value card or other device. Another form of electronic money is network money.

team-profile-1
Nadia Sidko
Blockchain Entrepreneur
Team User
team-profile-2
Pavel Volek
Entrepreneur and Investor
Team User
team-profile-3
Alyona Blakytna
Fin-Tech Entrepreneur
Team User
team-profile-4
Martin Solarik
Fin-Tech Investor
Team User
team-profile-5
Kate Fisenko
Blockchain Entrepreneur
Team User
team-profile-6
Michal Krajnansky
Blockchain Entrepreneur
Team User
Questions

FAQ

Originally the term "FAQ" referred to the Frequently Asked Question itself, and the
compilation of questions and answers was known as a "FAQ list" or some similar expression.

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.
JOIN US

Contact

Have questions? We’re happy to help.

  • services@tangledapp.io
  • Join us on Telegram