Title: [ANN][TLG] 🔶 TANGLE | A Neblio Application for Prediction Markets 🔶 Post by: Tangle Live on March 06, 2019, 10:24:19 PM What is Tangle? 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. Why Tangle? From a historical standpoint, prediction markets have been under the control of central authority. The simplest way to aggregate positions in a prediction market is for a trustworthy entity to maintain a ledger; similarly, the simplest way to determine the outcome of an event and distribute payouts to traders is for an impartial, trusted judge to determine the outcomes of the markets. As is obvious, centralized prediction markets inherently carry many risks and limitations: they do not allow global participation, they limit what types of markets can be created or positioned, and they require traders to trust the market operator. 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. How does Tangle work? Tangle prediction markets consist of four static phases and one dynamic phase : create, position, report, settle and the dynamic phase of dispute.
Anyone holding the requisite amount of TGL (41,989 TGL) can create a market based on any real-world event. Trading begins immediately after market creation, and all TGL holders are free to position on any market. After the event on which the market is based has occurred, the outcome of the event is validated through an API call. Once the outcome is determined, traders can close out their positions and collect their payouts. Tangle has a native token, TGL (TGL). TGL is needed required by all parties who participate in the market. Although TGL plays a central role in Tangle’s function, it is not used as for financial hedging - Neblio’s native currency NEBL is exclusive for this purpose. Use Case Example Token Economics Symbol: TGL Type: NTP-1 Initial Value: $4198.90 = 41989 TGL Earnings
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Timeline Team https://i.imgur.com/upYhBan.png (https://github.com/debragail) https://i.imgur.com/tl9vClG.png (https://github.com/MobileGuru1013) https://i.imgur.com/rTZygUp.png (https://github.com/Kalesberg) https://i.imgur.com/TtOfemr.png (https://github.com/StarNeit) Useful Links https://i.imgur.com/t7Na5Bx.png (https://twitter.com/tanglelive) https://i.imgur.com/BrOgAvq.png (https://t.me/tanglelive) https://i.imgur.com/yLcHpYH.png (https://www.linkedin.com/company/tangle-io/about/) https://i.imgur.com/InQ3b8I.png (https://github.com/tanglelive) https://i.imgur.com/gJw7CJj.png (https://www.tangledapp.io/) https://i.imgur.com/QwuQvv0.png (https://www.tangledapp.io/#whitepaper) Title: Re: [ANN][TLG] 🔶 TANGLE | A Neblio Application for Prediction Markets 🔶 Post by: Assembler on March 12, 2019, 08:58:28 AM I follow Neblio from the beginning and this seems an interesting product, I'll wait for new updates. Will you do any bounty?
Title: Re: [ANN][TLG] 🔶 TANGLE | A Neblio Application for Prediction Markets 🔶 Post by: Krezz2017 on March 12, 2019, 06:01:58 PM You write that "Tangle is a reliable, decentralized Neblio application for forecasting markets.". But how does the forecasting market work now? I think that forecasts now do not work at all.
Title: Re: [ANN][TLG] 🔶 TANGLE | A Neblio Application for Prediction Markets 🔶 Post by: Lipe490 on April 28, 2019, 10:31:11 PM ICO Review about Tangle
https://youtu.be/CazxbMXLMFM Title: Re: [ANN][TLG] 🔶 TANGLE | A Neblio Application for Prediction Markets 🔶 Post by: LoveCryptoAll on April 29, 2019, 02:47:32 PM I can not understand. It seems to be a rather interesting project, but for some reason a very low activity in this topic. What do you think? What is the reason?
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