This team, project, and community is something special. In a world filled with shady projects and teams looking for a money grab, Tangle breaks the mold. A solid investment which is sure to pay off long term beyond most new projects out there. Be good or be good at it. This project is both...
Why the odd name that doesn't have anything to do with its usecase in any shape or form, but also has a very clear other meaning in crypto space (for example IOTA's Tangle). Yes, listed developers are active on github, but not particularly yet on the Tangle project (yet). The fact that they only allocated 10% of the supply and claim that they won't be paying out salaries to the team from the ICO funds at least make it appear that it wouldn't be a money grab. Well, let's see how that will turn out. I couldn't find anything particularly suspicious about this project, so I am going to rate this cautiously with a degree of confidence until proven otherwise (innocent until proven guilty). My gut feeling is just a bit uncomfortable when looking at it as a whole, after seeing so many crypto projects in so many years, I can't help being a little skeptical. Hopefully the team will prove to be as legit as they want us to believe.
A lot seems to have been covered by the other review which went in depth, about Tangle. I can only echo those sentiments and agree totally. In a crypto space full of shady, illegitimate ICOs, tangle is a refreshing change.
I have had great communication with the tangle team during this ICO and they have answered questions and been very helpful. They have been clear about how the funds will be used so there is no ambiguity in this regard.
Tangle offers a solid usecase in a growing industry, blockchain based prediction markets which are gaining popularity thanks to Augur and some others that makes it possible to predict outcomes of real world events on a decentralised blockchain based platform. The blockchain being used for Tangle is Neblio, also a very upfront, honest and hard working group that are helping to simplify the process of enterprise and scientific research projects making a move into this technology and utilising it
I definitely recommend Tangle as it is a potentially great and credible project which could do very well over time. A rare gem of an ICO in a space dominated by sharks and not very honest people.
The Tangle project's ICO had failed to raise enough money to proceed with the project. They had to shutdown their ICO in the middle of August and gave the investors a full refund by Aug 20. The project is now inactive.
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