Tangle (TGL)

Symbol:

TGL

Token sale opening date:

14 Apr 2019 (1 year ago)

Token sale closing date:

29 Apr 2019 (1 year ago)

Description:

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. 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. 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 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.