TangoChain is a blockchain project aiming to lead the gaming industry by coming up with new protocols quickly and economically. The platform is 100% specialized for Play-to-Earn gaming and creating Non-fungible tokens (NFTs).
The Tango team plans to integrate multiple innovations to facilitate the on-chain management and exchange of in-game assets. The project is essentially a third-generation blockchain due to its high gaming specialization. It also integrates native NFT protocols, frameworks and an advanced consensus mechanism.
Compared to rival blockchains such as Binance Smart Chain and Ethereum that facilitate smart contracts, TangoChain comes out on top. That is because it has a greater capacity to offer ultra-low transaction fees, Metadata and higher scalability.
Furthermore, the platform has a huge positive impact on the environment due to its revolutionary Proof of Game mechanism. This approach allows gaming graphics cards to utilize computational efficiency for high-quality gaming while securing the network.
Besides enjoying their favourite game in an environmentally responsible manner, users receive rewards for their role in securing the blockchain.
Tapping into the Multi-Billion Gaming Industry
The global video games market has enjoyed explosive growth since the onset of the Covid-19 pandemic that has shifted most activities online. Changing habits during that period has forced more folks to interact online, fostering the development of the gaming industry.
Furthermore, the rise to prominence of the novel Play-to-Earn games built on the blockchain has attracted more users to the gaming space. The global value of the gaming sector jumped from just under $100B in 2017 to surpass $300B in April of 2021.
Tango has positioned itself to join the blockchain-powered gaming revolution by implementing a Play-to-Earn console. The exciting product will soon offer gamers worldwide access to a rich catalogue of games that allow them to earn rewards.
The console integrates native connectivity with the Tango network and numerous top-tier blockchains. It also has an excellent user interface with a simple plug-and-play function. The feature allows folks with little to no technical experience to enjoy gaming as if they were using a last-generation console.
The Tango console is based on the Android operating system, offering users access to a wide range of games. What’s more, a simple implementation on the device enables anyone to convert millions of games developed by industry-leading producers/creators into Play-to-Earn.
A Look and the Tango ERC-2324 Protocol
Tango utilizes the ERC-2324 protocol, an evolution of the ERC-1155 multi-token standard and the popular ERC-721 (classic NFT).
ERC-2324 enables developers on the platform to create powerful NFTs designed exclusively for gaming. It establishes a global standard with advanced gamification tools that empower developers to craft stunning NFT masterpieces.
The protocol also facilitates the management of in-game assets by categorizing NFTs into groups that can connect to gaming consoles, NFT evolution and exchanges via native methods.
Blockchain game and NFT developers on TangoChain enjoy advanced smart contract functionality due to the Verifiable Random Function (VRF) deployed by the network. Essentially, VRF offers a provably fair and verifiable source of randomness that allows developers to build efficient and reliable smart contracts for their gaming apps.
AGO: The Tango Native Blockchain Coin
AGO is the utility coin for the TangoChain ecosystem. It serves multiple functions such as facilitating fees payments, governance and network rewards. Moreover, the native crypto has a fixed supply of 93 billion. Subsequently, AGO will be available to investors during the pre-sale events and Initial Dex Offering (IDO).
Tango boasts robust tokenomics that reward users while facilitating the development of the gaming ecosystem. The project also has exciting developments on its roadmap. These include the Mainnet launch, smart contract support, and the Tango gaming console release.