CDS Press Release Introducing Entangle Labs
Press Release

Introducing Entangle Labs

Roadmap, ecosystem, and more... Introducing Entangle Labs in this article.

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Introducing Entangle Labs

Powering the New Age of Web3 Connectivity.

It is with great pleasure to announce the launch of Entangle Labs. Entangle Labs is the entity that has overseen all of the Research and Development that has brought us to the precipice of the $NGL token launch, followed by the Mainnet and much more. Until now all technology development, go to market strategy and marketing delivery has been conducted in-house under the Entangle umbrella. 

Introducing Entangle Labs

Entangle Labs stands as an independent Web3 company with the sole aim to advance the Web3 ecosystem through the execution and delivery of innovative technology products focused on interoperability, data, smart contracts and more. As the development and research arm of Entangle, the company aims to provide state-of-the-art solutions that bring benefits to users, developers,  applications and any entities looking to drive into the realm of Web3. The company  provides critical services to projects built on any blockchain, as they integrate the Entangle suite of products to achieve scalability, composability and interoperability. 

While Entangle is forging global partnerships in both Web2 and Web3, Entangle Labs ensures that all partners are able to access an omnichain Web3 and data pipelines and frameworks that connect not only digital asset ecosystems but also businesses and assets located on the traditional internet or in the physical realm. Products being built or supported by Entangle Labs vary from; Interoperable Real World Assets, Decentralised Physical Infrastructure (DePin), Composable Finance (DEFi), Gaming infrastructure, Social applications, On-chain Gaming, Artificial intelligence,  Liquid Staking and more. 

We are excited to showcase the power of the Entangle technology stack in supporting a number of use cases allowing availability, scalability and composability of assets across any blockchain ecosystem. 

Making Liquidity Composable on any Network

Entangle Labs supported Entangle with the creation of the innovative dApp Liquid Vaults with its game-changing Composable Derivative Tokens (CDTs), bringing composability and interoperability to the future of crypto. Liquid Vaults is being rolled out on 15 blockchains with the launch of mainnet, with leading dApps integrating the ground-breaking DeFi product that is revolutionising capital efficiency for users whilst allowing dAps to share liquidity. 

Using Liquid Vaults, crypto natives are now able to leave their Liquidity Position generating yield and receive 1:1 backed composable derivative tokens (CDTs). These can be positioned across a number of different use cases including money market and derivative protocols creating increased options for liquidity providers. 

Webverse Story

With the core Entangle ethos of a united Web3, this is not simply limited to technology but also includes crypto communities. Webverse NFTs were created to bridge the interoperability barriers of diverse digital asset audiences by providing them access to all of Entangles technology via a novel NFT concept.

Webverse is a diverse storyline which slowly developed in a creative way to explain the Entangle lore, journey and infrastructure, and with it, the vision emerged at Entangle that when NFT technology is utilised in a strategic manner imbued with access to Entangles products, this would inevitably unite a strong community and build a powerful brand in the process. 

Roadmap

Entangle Labs is poised to revolutionize the DeFi space with its Entangle infrastructure, anchored by NGL stakers. This infrastructure is designed as the backbone of an omnichain ecosystem, fostering a network of interconnected, highly efficient dApps and tokens.

The roadmap for 2024-2025 showcases a vision of a diverse array of innovative protocols and key components seamlessly integrated, symbolizing the future of omnichain development. This comprehensive ecosystem strategy aims to position Entangle as a significant player in the blockchain space, with NGL stakers at the core of its growth and success.

A few of the anticipated milestones on the roadmap are:

Entangle Blockchain

Entangle’s oracle-centric Blockchain is the key component of the infrastructure being built. Full customizibility allows builders to optimize security and consensus parameters to store data and achieve the optimal balance between decentralization, security and affordability, whilst delivering universal Web2 or Web3 data to smart contracts on any chain.

Photon Messaging

An Omnichain Messaging Protocol enabling protocols to send and receive data, assets and more across any EVM and non-EVM Chains. Integrated across 13+ chains (and counting) developers and applications are now able to fully customize their data flow, including security parameters and fees or simply opt for an automated solution.

Universal Data Feeds

Fully customizable, high-frequency data feeds optimized for a variety of protocols, including DEFi, GameFi & Real World Assets. Developers can leverage Universal Data Feeds to obtain efficient, inexpensive, verifiable on-demand cross-chain data. 

Liquid Vaults

The premier composable finance application allows users to create Composable Derivatives Tokens (CDTs) against on-chain yield-bearing assets increasing their capital efficiency. This represents the next evolution of digital assets and ecosystem optimisation, allowing dApps to share liquidity. 

WebverseNFT

An alternate reality that embodies Entangle Protocol’s infrastructure. By adapting lore-driven NFT Mechanics, Entangle transforms complex ideas into engaging narratives and bridges community fragmentation.

e-Bridge 

e-Bridge is a fully composable omnichain trustless bridge, utilizing the Burn and Mint mechanism to securely transfer NGL, Borpa and other ecosystem tokens across 14+ networks.

e-VRF

e-VRF is an On-Chain Verifiable Random Function (VRF) that operates to enhance the engagement, fairness, and security of dApps. This solution unlocks a vast array of opportunities for dApps throughout the entire Web3 landscape including on-chain gaming and more.

ZeroSum

A revolutionary gaming infrastructure platform that rewards players, viewers and game developers. Using cutting-edge AI and smart contract technology, Zerosum is redefining the gaming experience, transitioning play-to-earn into the more user-centric compete-to-earn.

Borpa Memetoken

The Next Generation Meme Token. Natively omnichain with a dual-themed approach that appeals to both novices and crypto veterans whilst leveraging DEFi mechanics with Liquid Vaults.

SuperCharge dApp

SuperCharge revolutionizes lending with leveraged yield farming. Built using the Entangle infrastructure, the application utilizies the innovative Liquid Vaults to allow users to collateralize yield positions.

Yield Lottery dApp

The Yield Lottery dApp is gamifying the Entangle ecosystem by incentivizing liquidity providers and Liquid Vaults users. By staking through the Yield Lottery dApp, participants can decide to opt into an on-chain randomised lottery with a portion of their yield and not the underlying collateral. This additional utility for yield-bearing tokens is designed to attract enhanced liquidity provisioning, fueling Entangle’s growth.

Decentralised Physical Infrastructure (DePin)

Entangle recognises the criticality of DePin infrastructure, in particular in the artificial intelligence (AI) arena and how the added benefits of blockchain can bring mass benefits to large populations. Entangle is currently developing an Omnichain, liquid DePIN solution, where resource clustering is not only powered by efficient algorithms but resource providers can be rewarded transparently on any blockchain. In doing so, Entangle will democratise fair access to a unique and rare opportunity, curating a harmonious balance of smart contracts, blockchain, AI and privacy across any Web3 ecosystem. 

L2 Rollups

Entangles infrastructure is designed with the ability to construct Layer 2 Rollups and other scalability solutions.  In doing so, Entangle is set to greatly enhance its blockchain scalability when required to do so. This move empowers application developers to craft fully customizable and interoperable solutions at scale. 

What’s next?

Looking to the future, Entangle Labs is already working on developments for the omnichain Borpa Token. Entangle Labs have been heavily involved with all aspects of the creation of the Borpa Token, it’s tokenomics and utilities, as well as building on the existing tools created for WebverseNFT to ensure the presale, airdrop to stakers and public launch sites.

Alongside the Borpa Token, Entangle Labs has been focused on the development of the GameFi and wagering infrastructure that form the basis of the ZeroSum platform. Zerosum will be the 4th protocol established in the Entangle ecosystem, incubated with the support of Entangle Labs, and will see the launch of the third token on the Entangle blockchain. Omnichain wagering and gaming solutions have the potential to revolutionize both the traditional Web2 gaming and gambling industries, as well as the nascent Web3 sectors that are predicted to reach a combined Market Cap of over $1.3 trillion by 2026. 

Zerosum is positioning itself to be the platform where GambleFi meets GameFi, finally realizing the potential of blockchain technology to bring impactful change to (real world industries/traditional sectors) that has been promised.

With the launch of Entangle Labs, you can expect to see a host of new applications and tools being developed to suit the needs of developers, users and applications on any network. With 15 chains currently supported, an omnichain secure and accessible data framework, verifiable random functions and the ability to create assets that can live simultaneously on different blockchains, Entangle Labs stands at the forefront of building novel omnichain use cases for the Web3 ecosystem and beyond. 

Introducing Entangle Labs 162611
Written by
lectertodd

Lectertodd is 27 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

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