Tangible
Crypto Overview
Project Overview
Tangible is a cryptocurrency project that aims to bridge the gap between real-world assets and blockchain technology. The TNGBL token serves as the governance and utility token for the Tangible ecosystem, which allows users to invest in tokenized real-world assets such as real estate, precious metals, and art.
Purpose and Utility
The primary purpose of TNGBL is to provide governance rights and utility within the Tangible ecosystem. Token holders can participate in platform governance decisions and receive benefits from the ecosystem's revenue sharing model. The platform facilitates the tokenization of physical assets, creating a bridge between traditional assets and blockchain technology.
Business Model Analysis
The business model revolves around asset tokenization and management of real-world assets. Revenue is generated through fees from asset tokenization, trading, and management. The model appears transparent and focuses on legitimate asset ownership and transfer.
Development and Adoption
The project shows active development with regular updates to its platform. The team maintains transparency through regular communications and has established partnerships with asset management firms and custody providers. The platform has successfully tokenized various real-world assets, demonstrating practical implementation of its stated goals.
Token Distribution
The token distribution appears reasonable with appropriate vesting periods for team members and early investors. The project maintains transparency regarding token allocations and usage.
Crypto Impact
To assign a comfort level investing in Tangible from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Tangible.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.