Tangible is a marketplace where cryptocurrency can be used to purchase physical goods. A Tangible non-fungible token (TNFT) is minted upon purchase to represent the physical item, with the actual item stored securely by Tangible. The native token for Tangible DAO is $TNGBL, with fees from the marketplace accruing to $TNGBL token lockers. 33% of fees are used to buy and burn $TNGBL, while the remaining 66% is sent to holders who have locked their $TNGBL in 3,3+ NFTs. These NFTs reward longer-term locking of $TNGBL and are tradable on the Tangible marketplace.
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The information about this project is gathered from third parties sources, and CertiK does not guarantee the accuracy of the information. Conduct your own due diligence before deciding to use any info listed at this page.