Tangible price

TNGBL

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Tangible is a platform that bridges the gap between the physical and digital worlds through the use of blockchain technology. It allows users to purchase physical goods using cryptocurrency, transforming these items into non-fungible tokens (NFTs) known as TNFTs. These TNFTs represent ownership of the physical items, which are stored securely and insured by Tangible. This innovative approach ensures that while the physical item remains safely stored, its digital counterpart can be traded or sold, providing a unique blend of physical asset security with digital flexibility.

The platform operates with its native token, $TNGBL, which plays a central role in its ecosystem. The marketplace fees generated on Tangible are distributed to holders of $TNGBL, with a portion used to buy and burn $TNGBL tokens, reducing their supply and potentially increasing their value over time. Another significant portion of these fees rewards users who lock their $TNGBL tokens in 3,3+ NFTs, a mechanism designed to incentivize long-term holding and engagement within the Tangible ecosystem.

The 3,3+ NFTs are a unique feature of Tangible, offering users the opportunity to lock their $TNGBL tokens in exchange for rewards that increase the longer the tokens are locked. These NFTs are not only a means of earning additional $TNGBL but are also tradable on the Tangible marketplace, providing another layer of utility and potential profit for participants.

In summary, Tangible is a platform that innovatively combines the tangibility of physical assets with the flexibility and security of blockchain technology, offering users a novel way to invest in and trade physical goods digitally. It leverages its native token, $TNGBL, to create a sustainable ecosystem that rewards long-term participation and investment.

Tangible employs a multifaceted approach to security, ensuring the safety and integrity of its platform and the assets it represents. This approach includes both technical and physical security measures to protect against unauthorized access and potential threats.

On the technical side, Tangible uses encryption to safeguard data and transactions. This encryption extends to the secure storage of private keys, which are essential for accessing and transacting with cryptocurrencies and tokens on the platform. By encrypting this sensitive information, Tangible ensures that only authorized users can access their assets.

Furthermore, Tangible supports the use of hardware wallets, a critical tool for enhancing security. These devices store users' private keys offline, making them immune to online hacking attempts and reducing the risk of theft. The integration with supported Ledger hardware wallets highlights Tangible's commitment to providing robust security measures for its users.

In addition to these technical safeguards, Tangible also implements strict internal and external reviews. These reviews are designed to assess and improve the security measures in place continually, ensuring that Tangible remains resilient against evolving threats.

Tangible's unique offering includes the minting of TNFTs ("Tangible non-fungible tokens") upon the purchase of physical goods through its platform. These TNFTs represent ownership of the physical items, which are stored securely and insured at Tangible's facilities. This innovative approach not only bridges the gap between physical assets and digital tokens but also adds an extra layer of security by tokenizing and securely storing the physical goods.

The platform's native token, $TNGBL, plays a central role in the ecosystem, with marketplace fees accruing to token lockers. A portion of these fees is used to buy and burn $TNGBL, while the remainder is distributed to holders who have locked their tokens in 3,3+ NFTs. These locked token positions incentivize long-term holding and contribute to the platform's security by reducing the circulating supply and potentially increasing the value of $TNGBL over time.

In summary, Tangible's security measures are comprehensive, covering both the digital and physical aspects of its platform. Through encryption, secure storage, hardware wallet support, and strict review processes, Tangible ensures the safety of its users' assets. Additionally, its innovative use of TNFTs and the $TNGBL tokenomics further enhance the platform's security and appeal.

Tangible serves as a bridge between the physical and digital worlds by digitizing physical assets, thereby enhancing their accessibility, liquidity, and versatility in the global market. This innovative platform allows users to use cryptocurrency to purchase valuable physical goods from leading suppliers worldwide. Upon purchasing an asset on Tangible, a Tangible non-fungible token (TNFT) is minted to represent the physical item. This item is then stored securely 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 operates with a native token, which plays a central role in its ecosystem. This token is integral 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 to buy and burn actions to reduce supply and potentially increase the token's value, while the majority is distributed to token holders, rewarding them for their investment and participation in the ecosystem.

Additionally, Tangible introduces an innovative concept with its 3,3+ NFTs. These are locked token positions that reward users the longer they commit their tokens to the platform. The rewards and vested tokens can be claimed over time, providing an incentive for long-term investment and engagement with the Tangible ecosystem. These 3,3+ NFTs are also tradable on the Tangible marketplace, offering further liquidity and investment opportunities.

In summary, Tangible leverages blockchain technology to offer a unique proposition for digitizing and investing in physical assets through cryptocurrencies. It provides a secure, efficient, and innovative platform for users to engage with the global market, backed by tangible assets. Before investing in any cryptocurrencies or platforms, it's crucial to conduct thorough research to understand the risks and opportunities involved.

Tangible has experienced several pivotal moments that have shaped its trajectory within the blockchain and cryptocurrency space. Initially, the platform gained attention for its innovative approach to merging the physical and digital worlds through the use of non-fungible tokens (NFTs). This was highlighted by the birth of NFTs and the subsequent rise of animated generative art collections, which showcased the potential for NFTs beyond simple digital art, extending into tangible assets.

A significant development for Tangible was the approval of EIP-4907, a proposal that enhances the utility of NFTs by enabling a more flexible rental system. This approval marked a step forward in addressing usability issues and expanding the use cases for NFTs within the platform.

Moreover, Tangible has been at the forefront of tokenization, pushing for the integration of NFTs across various industries, including lifestyle production and ethical living. This broad application of NFTs underscores the platform's commitment to leveraging blockchain technology for real-world impact.

Recently, Tangible underwent a rebranding to re.al, signaling a new phase in its evolution. This rebranding coincides with plans to launch a layer-2 blockchain, aimed at enhancing scalability and performance. Despite facing challenges with its stablecoin, USDR, the team is actively working on solutions to ensure stability and reliability.

The platform's native token, $TNGBL, plays a crucial role in the ecosystem, with a unique model that rewards token lockers through marketplace fees. This system not only incentivizes participation but also supports the token's value through a buy-and-burn mechanism.

Looking ahead, Tangible is poised to further its impact through upcoming conferences and events, which will provide opportunities for engagement with the broader cryptocurrency community.

It's important for individuals to conduct thorough research and consider the evolving landscape of blockchain technology and cryptocurrencies before making investment decisions.