Creator of Binamon, TB Labs Announces the Launch of Tango Chain — The New Metaverse Saviour
- Creator of Binamon, TB Labs, reveals Tango Chain ecosystem for the metaverse world.
- It is the first specialized blockchain ecosystem for metaverses, designed by gamers, for gamers.
TB Labs have just announced the release of Tango Chain — a blockchain-driven ecosystem that seeks to empower a whole new level of experience and highlight the need for dedicated blockchain for a seamless metaverse activity. TB labs build on their success, having already launched the successful Play-to-Earn (P2E) game Binamon.
Tango Chain is the first specialized blockchain for metaverse with 100% specialized in-games designed by gamers. The project aims to bridge the gap between assets and tokens for a cross-chain ecosystem.
Moreover, Tango Chain will foster, customize, and simplify the growing user-based interest and synergies in metaverse; thus building a smooth and interactive growth around the metaverse technology. However, the Tango Chain implementation appears like a futuristic innovation to provide many benefits and features to make things less difficult in the Metaverse world.
Its vast services will rock the metaverse space to bring lots of blockchain hikes while being compatible with Ethereum’s network and ERC-20 tokens on the go. On one hand, the project has the needed ability to process more than 20 blocks per minute to handle high-volume metaverse transactions.
On top of that, Tango Chain uses the Proof of Staked Authority (PoSA) consensus mechanism. This makes it first-class when it comes to security, stability, and ensuring users’ efficiency. According to the announcement, the Tango Chain will consider the ERC-2324 NFT poly-game asset token standard to manage NFTs and in-game assets with high speed.
TB Labs team said:
Tango will be a revolution not only for blockchain technology but also for Metaverses and play-to-earn games.
At the moment, the Tango Chain initiative has taken a step forward to drive a huge stride by building a physical handheld console to help users explore all the ins and outs of the metaverse, right at the touch of their fingers. The console features an integrated crypto wallet that supports finger-approved payments.
In the Tango Chain ecosystem, AGO Coin functions as a governance token and financial. It’s used as an incentive to reward network validators. Similar to how Binance Smart Chain and Ethereum operate, any Tango Chain transaction is subject to near-zero fees.
Tango Chain is additionally now in a fantastic partnership with DEXT Force and Huawei Cloud to generate an intuitive metaverse experience of its console right after its initial investment round.
Furthermore, the Tango Chain team is preparing for another Strategic and Private funding round which is expected to occur on November 30 at 1 PM UTC. Meanwhile, AGO’s Initial DEX Offering is slated to occur in the coming months.
Text source: News – CoinQuora – Latest Cryptocurrency and Block
