Tangible is an NFT marketplace for real-world assets. Combining the best of defi with a bridge to physical asset classes, investors of any level can access tokenized watches, wine, gold and fractionalized real estate through the user-owned platform.
Tangible converts real-world assets like Fine Wines, Collectible Watches, Real Estate and even Gold Bars into tangible NFTs that can be bought, sold, traded, or even redeemed for the physical product at any time.
Tangible is the first protocol to allow fractionalization of real-world asset-backed NFTs, including Real Estate. This allows anyone in the world, with any ticket size, to become a buy-to-let landlord in 15 seconds.
The TNGBL token leverages the very latest developments in token design. Users lock their tokens and receive a multiplier based on their selected lock period. When users lock their tokens they receive an NFT that represents the locked tokens, which makes the position liquid. Holders of these locked NFTs receive the marketplace revenue, 33% of which is used to buy and burn, with the remaining 66% distributed in USDC to NFT holders.