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About Tangible
- Tangible allows users to purchase physical goods using cryptocurrency, with a TNFT (Tangible non-fungible token) representing the physical item.
- $TNGBL is the native token for Tangible DAO.
- 100% of Tangible Marketplace fees accrue to $TNGBL token lockers.
- 33% of fees are used to buy and burn $TNGBL, while 66% are sent to holders who have locked their $TNGBL in 3,3+ NFTs.
What is Tangible?
- Tangible bridges the gap between the physical and digital worlds through blockchain technology.
- Users can purchase physical goods using
About Tangible: Empowering a New Era of Digital Assets
On Tangible, individuals can leverage cryptocurrency to acquire valuable physical goods from the world’s premier suppliers. Upon purchasing an asset listed on Tangible, a TNFT (Tangible non-fungible token) is minted, serving as a digital representation of the physical item. The physical item is subsequently stored in one of Tangible’s secure and insured storage facilities, while the TNFT is transferred to the buyer’s digital wallet. $TNGBL is the native token for the Tangible DAO. Notably, 100% of Tangible Marketplace fees are accrued to $TNGBL token lockers. The fee allocation is as follows: 33% is utilized to purchase and burn $TNGBL, while 66% is distributed to holders who have locked their $TNGBL in 3,3+ NFTs. Tangible 3,3+ NFTs represent locked $TNGBL token positions that reward holders the longer they maintain their $TNGBL tokens. With 3,3+ NFTs, the multiplied $TNGBL tokens vest over a predetermined curve, allowing holders to claim their rewards over time. Furthermore, Tangible 3,3+ NFTs are openly tradable on the Tangible marketplace.
Defining Tangibility: A Conceptual Exploration
Tangible is a pioneering platform that seamlessly converges the physical and digital realms through the innovative application of blockchain technology. By facilitating the purchase of physical goods using cryptocurrency, it enables the transformation of these items into unique non-fungible tokens (NFTs), dubbed TNFTs. These TNFTs serve as digital representations of ownership, with the corresponding physical items being securely stored and insured by Tangible. This groundbreaking approach ensures that while the physical item remains safely stored, its digital counterpart can be freely traded or sold, thereby offering a distinctive fusion of physical asset security and digital flexibility.
The platform is powered by its native token, $TNGBL, which occupies a pivotal position within its ecosystem. The marketplace fees generated on Tangible are redistributed to holders of $TNGBL, with a portion allocated to repurchase and subsequently burn $TNGBL tokens, thereby reducing their supply and potentially appreciating their value over time. A substantial proportion of these fees is also allocated to reward users who lock their $TNGBL tokens in 3,3+ NFTs, a mechanism deliberately designed to incentivize long-term holding and foster deeper engagement within the Tangible ecosystem.
The innovative 3,3+ NFTs, a hallmark of Tangible, empower users to stake their $TNGBL tokens in exchange for escalating rewards, which appreciate in value the longer they are locked. These distinctive NFTs not only serve as a means of accruing additional $TNGBL, but also possess inherent tradability on the Tangible marketplace, thereby furnishing an additional layer of utility and potential profit for participants.
In summary, Tangible is a pioneering platform that seamlessly merges the tangibility of physical assets with the flexibility and security of blockchain technology, thereby offering users a novel avenue to invest in and digitally trade physical goods. By leveraging its native token, $TNGBL, the platform fosters a sustainable ecosystem that incentivizes long-term participation and investment, thereby promoting a thriving community.
Tangible’s Robust Security Measures
Tangible adopts a multidimensional security strategy, safeguarding the integrity of its platform and the assets it represents with utmost diligence. This comprehensive approach encompasses both cutting-edge technical and robust physical security measures, meticulously designed to thwart unauthorized access and mitigate potential threats.
From a technical standpoint, Tangible employs robust encryption methodologies to safeguard sensitive data and transactions. This stringent encryption protocol is also applied to the secure storage of private keys, which are crucial for accessing and transacting with cryptocurrencies and tokens on the platform. By encrypting this sensitive information, Tangible guarantees that only authorized users can access their assets, thereby ensuring the integrity and confidentiality of their digital holdings.
Moreover, Tangible prioritizes the utilization of hardware wallets, a vital component in bolstering security. These devices securely store users’ private keys in an offline environment, rendering them impervious to online hacking attempts and significantly mitigating the risk of theft. The seamless integration with supported Ledger hardware wallets underscores Tangible’s unwavering commitment to providing its users with robust and reliable security measures.
Beyond these technical safeguards, Tangible institutes rigorous internal and external audits. These reviews are meticulously designed to continually assess and refine our security protocols, thereby ensuring that Tangible remains impervious to the ever-evolving threat landscape.
Tangible’s distinctive value proposition lies in the creation of TNFTs (“Tangible non-fungible tokens”) upon the acquisition of physical goods through its platform. These TNFTs serve as digital certificates of ownership for the corresponding physical items, which are meticulously stored and insured within Tangible’s state-of-the-art facilities. This pioneering approach not only seamlessly connects the realms of physical assets and digital tokens but also provides an additional layer of security by tokenizing and securely storing the physical goods, thereby ensuring their integrity and authenticity.
The platform’s native token, $TNGBL, occupies a pivotal position within the ecosystem, with marketplace fees accruing to token lockers. A portion of these fees is allocated towards buying and burning $TNGBL, while the remaining amount is distributed amongst holders who have secured their tokens in 3,3+ NFTs. These locked token positions foster long-term holding and contribute to the platform’s security by reducing the circulating supply, thereby potentially augmenting the value of $TNGBL over time.
In summary, Tangible’s multifaceted security framework encompasses both digital and physical safeguards, providing an impermeable shield for its platform. By leveraging robust encryption, secure storage solutions, hardware wallet integration, and rigorous review protocols, Tangible ensures the unwavering protection of its users’ assets. Furthermore, the innovative application of TNFTs and the $TNGBL tokenomics paradigm significantly bolsters the platform’s security posture and appeal.
In What Ways Will Tangible Be Utilized?
Tangible serves as a conduit between the physical and digital realms, effectively bridging the two by digitizing tangible assets and thereby amplifying their accessibility, liquidity, and versatility in the global market. This pioneering platform enables users to leverage cryptocurrency to acquire valuable physical goods from esteemed suppliers worldwide. Upon purchasing an asset on Tangible, a unique Tangible non-fungible token (TNFT) is minted, serving as a digital representation of the physical item. The item is then securely stored and insured at one of Tangible’s facilities, while the TNFT is transferred to the buyer’s digital wallet, symbolizing ownership and investment in the physical asset.
The platform is powered by a native token, which assumes a pivotal role within its ecosystem. This token is essential to the functioning of the Tangible DAO (Decentralized Autonomous Organization), with marketplace fees accruing to holders who lock their tokens. A portion of these fees is allocated towards token buybacks and burning, thereby reducing supply and potentially increasing the token’s value, while the majority is distributed among token holders, rewarding them for their investment and active participation within the ecosystem.
Furthermore, Tangible pioneers a groundbreaking concept with its 3,3+ NFTs, which represent locked token positions that incentivize users to commit their tokens to the platform for an extended period. As users demonstrate their long-term commitment, they are rewarded with vested tokens, which can be claimed over time, thereby fostering a culture of sustained investment and engagement within the Tangible ecosystem. Moreover, these 3,3+ NFTs are fully tradable on the Tangible marketplace, thereby providing an additional layer of liquidity and investment opportunities.
In summary, Tangible harnesses the power of blockchain technology to present a novel paradigm for digitizing and investing in physical assets via cryptocurrencies. This pioneering platform provides a secure, efficient, and innovative conduit for users to engage with the global market, underpinned by tangible assets. Prior to investing in any cryptocurrencies or platforms, it is imperative to conduct exhaustive research to grasp the attendant risks and opportunities.
What pivotal milestones have marked Tangible’s journey?
Tangible has navigated a series of pivotal moments that have decisively influenced its trajectory within the blockchain and cryptocurrency landscape. Initially, the platform garnered attention for its groundbreaking approach to converging the physical and digital realms through the innovative application of non-fungible tokens (NFTs). This was exemplified by the emergence of NFTs and the subsequent proliferation of animated generative art collections, which demonstrated the vast potential of NFTs beyond mere digital art, extending into the realm of tangible assets.
A pivotal milestone for Tangible was the greenlighting of EIP-4907, a groundbreaking proposal that revolutionizes the utility of NFTs by introducing a more adaptable rental paradigm. This landmark approval signifies a significant stride in mitigating usability hurdles and broadening the scope of NFT applications within the platform.
Furthermore, Tangible has been a pioneer in tokenization, driving the seamless integration of NFTs across diverse industries, such as lifestyle production and ethical living. This far-reaching application of NFTs exemplifies the platform’s dedication to harnessing blockchain technology to drive meaningful, real-world transformations.
Recently, Tangible has undergone a transformative rebranding to re.al, heralding a new era in its evolution. This strategic rebranding coincides with ambitious plans to launch a cutting-edge layer-2 blockchain, specifically designed to significantly enhance scalability and performance. Notwithstanding the challenges encountered with its stablecoin, USDR, the team is diligently working on innovative solutions to ensure unwavering stability and reliability.
The platform’s native token, $TNGBL, assumes a pivotal role within the ecosystem, boasting a distinctive model that compensates token holders through marketplace fees. This innovative system not only motivates participation but also bolsters the token’s value via a buy-and-burn mechanism, thereby fostering a self-sustaining economy.
As we look to the future, Tangible is well-positioned to amplify its influence through a series of forthcoming conferences and events, which will facilitate meaningful interactions with the expansive cryptocurrency community.
It is crucial for individuals to undertake exhaustive research and carefully consider the dynamic landscape of blockchain technology and cryptocurrencies prior to making informed investment decisions.