Entangle aims to globalize Web3, enabling secure and efficient asset transfers across various networks. With Photon Messaging and Universal Data Feeds, dApps can be built across multiple blockchain networks, incorporating custom logic that integrates token economies, behaviors, and Web2 data, allowing real-world events to impact on-chain activities.
Imagine an omnichain memecoin that burns on each transfer or users making predictions on the US election from any chain. Or something more fun, like participating in Counter-Strike Tournaments from any chain, with rewards distributed to any chain.
This is the Entangle Ethos - facilitating for Web3 innovations to scale from the ground up. Ultimately, the one who attracts the most attention wins and expanding the surface layer of attention through asset availability to diverse crypto communities on various networks enhances the winning probability.
Introducing Omnipoints
Omnipoints is not the typical point system. It’s a ground-up community-building initiative where early participants gain real value by having skin in the game. Entangle’s success is centred on representing the community essence of the space, not the conglomerates and funds that led to traditional finance's demise.
We believe this initiative is a progressive step forward to reward dedicated users inside Entangle’s Ecosystem. This is a multi-layered system allowing participants to choose their favourite projects for exclusive rewards such as early access allocations, airdrops, whitelists and more.
Building or Partnering with Innovative Projects
Entangle Labs is incubating, building or partnering with projects to showcase how Web3 can unite and how omnichain availability enhances revenue, attention, and project success. Omnipoints allows users to grow with these projects, achieving early entry over predatory players.
These projects, such as ZeroSum, Trillion, and the revival of Gorples as a community takeover, are meticulously planned to balance valuation and community participation. Entangle will secure rewards for Omnipoints players with new and existing projects onboarded via Photon Messaging automation, connecting assets and ideas across multiple platforms.
Earning Omnipoints
Users can earn Omnipoints with the following rations:
- Staking NGL tokens: Weighted average of 12 (based on amounts staked)
- Holding Webverse NFTs: Weighted average of 3 (based on amounts staked and time staked)
- Using the Entangle bridge: Weighted average of 1
- Social activities: Yet to be defined
Late Stakers or Missed a Train?
For late stakers, booster programs will allow them to lock their stakes for NGL or Webverse and boost their scores to get multipliers. All committed latecomers will be accounted for with these booster programs.
Using Omnipoints
Each project has its own points system based on specific activities and metrics.
ZeroSum Example:
- Earning Power Points: Participating in ZeroSum Modules:
- Tournaments
- Challenges
- Predictions
- Calculating Total Points:
- Earned 500 Power Points from ZeroSum activities.
- Staked NGL and Webverse NFTs and used the E-bridge, earning 2000 Omnipoints (2x multiplier).
- Total Points: 500 Power Points x 2 = 1000 Points.
These points determine eligibility for airdrops, public round allocations, and other rewards. The same scenario applies to Trillion, where users can earn Trillion Energy by playing the Gorples financial game, providing LP, and auto-minting a CDT (Collateralized Derivative Token). These project-centric points are built to reward active users of the respective platforms, whilst rewarding participation of the Entangle Ecosystem. Points will be used to determine eligiblity of airdrops, Public Round Allocations and other rewards.
Future Vision
We envision a future where interactions across any chain are seamless within the same application, solving both liquidity, and user fragmentation across ecosystems. Entangle aims to reward community members for their participation, whether through social activities, liquidity provisioning, or creativity. The retail market is tired of having predatory regimes see them as the last ones in line. We aim to change this and deliver a fair revolution whilst expanding the use of innovative technology in a mutually beneficial manner.
Omnipoints will be live in the near future.
