๐ Gem Coin Analysis!๐Newly Launched Cosmos Ecosystem Oracle Gem Coin Entangle (NGL) ๐
๐๐ Unraveling the Innovation of Entangle: A Specialized Oracle-centric Blockchain ๐
Let's delve into the captivating features of Entangle, a project revolutionizing the Oracle space, in this engaging thread! ๐งต๐
1๏ธโฃ 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.
2๏ธโฃ 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.
3๏ธโฃ Whitepaper Analysis: Entangle aims to provide secure, adaptable, and interoperable data for developers and dApps anchored to the Blockchain, addressing key DeFi challenges.
4๏ธโฃ 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.
5๏ธโฃ 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.
6๏ธโฃ Partnerships: With over 65 strategic partnerships, including notable names like Arbitrum, Polygon, Aave, and more, Entangle strengthens its position in the industry.
7๏ธโฃ Security and Audits: Entangleโs underwent comprehensive audit conducted by various agencies like Halborn, Sentl and Astrarizon.
8๏ธโฃ Tokenomics: Entangle's NGL token has a maximum supply of 1 billion and circulating supply of 18.55 Million NGL token.
9๏ธโฃ Exchanges: Bybit, KuCoin, Gate.io and MEXC.
