tangent

Tangent is a prominent Web3 entity combining the roles of an angel investment collective with a sophisticated decentralized protocol on the Cardano blockchain. The investment section of Tangent is strategic, focusing on annually backing select high-conviction teams that are exploring groundbreaking technology to transform how societies interact and transact within a self-sovereign digital landscape. The leadership, including noted figures like Jason Choi and Darryl Wang, is instrumental in offering unmatched insights and leveraging experience from leading crypto funds and projects to propel innovative startups toward success. This commitment is complemented by an investment philosophy that avoids indiscriminate investment, instead deploying resources for maximum impactful and sustainable innovation drive. The collective’s portfolio boasts some of the industry's most utilized protocols, enhancing its stature and influence in the blockchain investment community. Technically, Tangent operates as a decentralized protocol committed to integrating non-fungible tokens (NFTs), decentralized finance (DeFi) utilities, and smart contracts within its Web3 application suite on Cardano. The mission here is to furnish developers, artists, and creators with cutting-edge DeFi tools that enable permissionless financial interactions without reliance on a central authority. Central to Tangent's protocol is the Tangent DAO, which utilizes the native TANG token, fostering a self-sovereign governance framework. This allows token holders to partake directly in governance, affecting protocol developments and strategic innovations by casting votes on proposals. Tangent’s ecosystem further boasts an NFT Launchpad, supporting the tokenization of physical assets, allowing their transformation into NFTs that can be traded for ADA or stablecoins backed by the USD. This Launchpad includes a redemption mechanism where token holders can exchange NFTs for tangible goods or services, reinforcing the commitment to bridging traditional commerce with the emergent world of decentralized finance. Tangent underscores the principles of decentralized community governance, aligning with Web3 ideologies of permissionless and censorship-resistant networks. Through collaborative endeavors with various ecosystem partners, Tangent thrives in expanding its technical capabilities and enhancing market extensibility, importantly contributing to the maturation and adoption of Web3 technologies on a vast scale.