🚀 Gem Coin Analysis!🌟Newly Launched Cosmos Ecosystem Oracle Gem Coin Entangle (NGL) 📈
🚀🌐 Unraveling the Innovation of Entangle: A Specialized Oracle-centric Blockchain 🌟
Let's delve into the captivating features of Entangle, a project revolutionizing the Oracle space, in this engaging thread! 🧵👇
1️⃣ Introduction & Overview: Entangle is a specialized Oracle-centric blockchain, utilizing Cosmos SDK and Tendermint Core consensus to validate Oracle messages and store information. Despite its early stages, it has garnered interest from prominent entities in the crypto world.
2️⃣ Technology & Feature: Entangle's three-layered architecture, comprising Photon Messaging Protocol, Universal Data Feeds, and Liquid Vaults, enhances liquidity and data accessibility across web3. It boasts minimal gas fees and rapid block confirmation times.
3️⃣ Whitepaper Analysis: Entangle aims to provide secure, adaptable, and interoperable data for developers and dApps anchored to the Blockchain, addressing key DeFi challenges.
4️⃣ Use Case: The Entangle Token $NGL is utilized for Staking as a Delegator or Infrastructure Provider for Transmitter Agents, Staking as a Validator or Delegator for the Entangle Blockchain, Utilizing Entangle as a connected application, Gas Fees on Entangle Blockchain.
5️⃣ Team & Leadership: The Entangle team, led by Faisal Mehrban (Co-Founder & CEO), Nikita Balakin (CTO), Tristian Ross (CMO), and Slava Korolev (Co-Founder & CIO), brings expertise and vision to the project.
6️⃣ Partnerships: With over 65 strategic partnerships, including notable names like Arbitrum, Polygon, Aave, and more, Entangle strengthens its position in the industry.
7️⃣ Security and Audits: Entangle’s underwent comprehensive audit conducted by various agencies like Halborn, Sentl and Astrarizon.
8️⃣ Tokenomics: Entangle's NGL token has a maximum supply of 1 billion and circulating supply of 18.55 Million NGL token.
9️⃣ Exchanges: Bybit, KuCoin, Gate.io and MEXC.