TechFlow reports that Web3 one-stop platform Entangle has unveiled its tokenomics and announced the launch of its NGL token on March 13.
The NGL token has a maximum supply of 1 billion (to be fully realized after the final unlock of Infra Reserve tokens in 36 months), with an initial circulating supply of 21,565,000. Token distribution includes:
-
15% allocated to the foundation;
-
12.8% allocated to the ecosystem;
-
41% allocated to community and liquidity;
-
3.25% designated for public sale;
-
27.95% allocated to strategic investors.
Among these, 3% of the total supply (30 million tokens) will be used for airdrops, rewarding users who contribute to the community during a period following mainnet launch.
Entangle focuses on several key blockchain sectors, including Layer 1 and Layer 2 networks, DeFi protocols, real-world assets (RWAs), GameFi, as well as DEPIN and AI. Its native token $NGL will go live upon mainnet launch, with its distribution and vesting schedule designed to align with security principles for investors, protocols, and the broader on-chain community.
Notably, Entangle supports any network, protocol, or asset aiming to connect to core primitives and tools within the blockchain ecosystem—including virtually all Web2 or Web3 data sources. It has established major partnerships with industry leaders such as Arbitrum, Mantle, Linea, Polygon, Stargate, Velodrome, and SushiSwap.
