Entangle NTGL Price

What is Entangle (NTGL)?

Entangle (NGL) is a cutting-edge protocol that connects various web3 ecosystems. It allows smart contracts to access and use data from both on-chain and off-chain sources seamlessly. This provides developers and decentralized applications (dApps) with secure, customizable, and interoperable data on the blockchain.

Key Features of Entangle
Entangle offers essential tools for networks, protocols, or assets looking to integrate with the blockchain ecosystem. These tools help source data, tokenize assets, facilitate gaming interactions, and create new DeFi and liquidity products. The main components include:

Photon Messaging: Customizable messaging for EVM and non-EVM networks.
Universal Data Feeds: Low-cost data infrastructure for Web2 and Web3 data, delivered to smart contracts.
e-VRF (Enhanced Verifiable Random Function): Provides secure and random numbers for applications like gaming, NFTs, and gambling.
Liquid Vaults: Creates derivative tokens for Web3 assets, improving capital efficiency and earning yield.
Strategic Partnerships and Integrations
Entangle partners with leading blockchain projects like Arbitrum, Mantle, Linea, Polygon, Avalanche, Velodrome, and SushiSwap. These partnerships enhance Entangle’s capabilities across various sectors, including AI, gaming, real-world assets, and more.

Unique Aspects of Entangle
Entangle is developer-friendly and features a network of Proof-of-Stake (PoS) machines called The Agent Network. These machines collect and aggregate data from on-chain and off-chain sources. Agents must stake $NGL tokens to participate, ensuring data validation.

Third parties can also deploy customized Transmitter Agents to verify data and earn $NGL tokens. Applications can customize security and consensus parameters, such as the number of agents, consensus thresholds, data sources, and delivery methods. This flexibility allows for tailored security and cost efficiency.

Entangle supports both EVM and non-EVM blockchains like Solana, Ethereum, Sei, Base, and Mantle, enabling the issuance of native omnichain assets.

Founder and Vision
Entangle was founded by Faisal Mehrban in 2022. Faisal has a background in Investment Banking, FinTech, RegTech, and Digital Assets, having worked at JP Morgan, Barclays, and Credit Suisse. He is an alumnus of the University of Warwick and the University of Oxford, specializing in Blockchain Strategy.

Investment and Support
Entangle has attracted investment from Consensys, Big Brain Holdings, LaunchCode Capital, and Seier Capital. It has also received grants from crypto projects like Aave, Mantle, and MetisDAO, showcasing strong industry support.

Conclusion
Entangle (NGL) is set to transform the crypto industry by enabling seamless omnichain connectivity and providing powerful tools for data integration and asset tokenization. With its strategic partnerships, innovative technology, and strong leadership, Entangle is leading the way in blockchain evolution.
 

What is unique about Entangle (NTGL)?

Entangle (NGL) features a developer-friendly approach with a network of Proof-of-Stake machines, called The Agent Network, which collects and verifies data from both on-chain and off-chain sources. It supports customizable security and consensus parameters, making it highly flexible and efficient for diverse blockchain applications.
 

Who are the founders of Entangle (NTGL)?

Entangle (NGL) was founded by Faisal Mehrban in 2022. Faisal has a background in Investment Banking, FinTech, RegTech, and Digital Assets, and has worked at JP Morgan, Barclays, and Credit Suisse.
 

Who are the backers/investors of Entangle (NTGL)?

Entangle (NGL) is backed by prominent investors such as Consensys, Big Brain Holdings, LaunchCode Capital, and Seier Capital. It has also received grants from leading crypto projects like Aave, Mantle, and MetisDAO.