Tabi Raises $10M in Angel Investment, Reveals Plans for NFT Gaming Ecosystem
Tabi Raises $10M in Angel Investment, Reveals Plans for NFT Gaming Ecosystem
Ransformative NFT Marketplace Attracts Prominent Investors and Expands Chain Innovations on the BNB Chain
In a milestone on its journey, Tabi, the transformative NFT marketplace formerly known as Treasureland, recently announced the successful completion of its angel investment round, raising a hefty $10 million. The digital platform, anchored in the BNB chain, announced this exciting news on May 10.
The investment round attracted a number of renowned venture capital firms such as Animoca Brands, Binance Labs, Draper Dragon, Hashkey Capital, Infinity Crypto Ventures and Youbi Capital. The list of individual contributors boasts distinguished names such as Riyad AD from Saudi Arabia, Bo Feng from Dragonfly Capital and Suji Yan from Mask Network. Developers suggest that the new infusion of funds will be instrumental in expanding Tabi’s gaming ecosystem while laying the groundwork for the upcoming identity protocol on the chain.
In addition to the primary NFT trading and launch features, Tabi brings an innovative concept to the table. The platform transforms users’ on-chain actions into “experience points”, opening doors to future airdrop rewards and gains. Moreover, Tabi is home to a gaming platform that consolidates blockchain gaming transactions and entertainment into a seamless experience.
Tabi’s pioneering founder, Xavier Lee, shared ambitious plans to launch an “NFT incubation fund.” The fund aims to encourage developers to create their brand, artwork and products on the BNB chain. Originating in 2021, Tabi has always valued its early supporters. As a token of appreciation, Tabi revealed a “reward plan” to coincide with the funding announcement.
Meanwhile, Binance has expanded its horizons in the NFT industry this year. Bicasso, Binance’s NFT AI generator, reached its 10,000 creation limit barely three hours after launching on March 2. Furthermore, Binance intended to incorporate Polygon support into its NFT marketplace.
Last November, OpenSea, the leading NFT marketplace, announced its plans to incorporate the BNB chain into its platform. This strategic integration enables users to buy, list and trade BNB Chain NFTs directly through OpenSea.
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