NFT Marketplace Tabi Receives $10M in Funding
Marketplace of non-fungible tokens Tabi, which was created in the BNB Chain ecosystem, has raised $10 million.
This influx of capital was backed by venture capital firms such as Animoca Brands, Binance Labs, Draper Dragon, Hashkey Capital, Infinity Crypto Ventures, and Youbi Capital, and individual investors Bo Feng, Riyad AD, and Suji Yan.
The profits from the sale of the tokens will be used to develop the Tabi ecosystem and produce a new network identification protocol.
The marketplace also includes an “experience points” system and a gaming platform. Xavier Lee, the founder of the startup, additionally promised to establish an “NFT incubation fund” to motivate creators to produce their products and brands in the BNB Chain network, as well as to reward artists who have supported the project since 2021.
