Tabi Secures $10 Million Funding to Enhance NFT Marketplace

Tabi NFT Marketplace Secures Major Funding

Tabi, formerly known as Treasureland, has successfully raised $10 million in an angel funding round. This significant investment marks a pivotal moment for the BNB Chain-based NFT marketplace, enabling it to expand its offerings and enhance its platform.

Key Investors and Funding Goals

The funding round attracted notable venture capital firms, including Animoca Brands, Binance Labs, Draper Dragon, Hashkey Capital, Infinity Crypto Ventures, and Youbi Capital. Prominent individual investors also participated, bringing diverse expertise and resources to Tabi's development plans. The primary focus of this funding is to advance Tabi’s gaming ecosystem and construct a robust on-chain identity protocol.

Expansion of the Gaming Ecosystem

With the new capital, Tabi aims to significantly enhance its gaming ecosystem. This expansion is expected to attract more users and developers to the platform, fostering a vibrant community centered around digital assets and nonfungible tokens.

Development of On-Chain Identity Protocol

Another critical area of development is Tabi’s on-chain identity protocol. This initiative will likely provide users with a more secure and personalized experience, aligning with the growing demand for privacy and security in digital transactions.

Implications for the NFT Marketplace

The successful funding round highlights the growing interest and investment in NFT marketplaces. Tabi's strategic initiatives could position it as a leader in the NFT space, offering innovative solutions to users and developers.

By securing this funding, Tabi sets a strong foundation for future growth and innovation, potentially transforming how digital assets are traded and utilized on the blockchain.