NFT marketplace Tabi, formerly known as Treasureland, has completed its $10 million angel funding round, the BNB Chain-based platform said in a statement.
Draper Dragon, Hashkey Capital, Infinity Crypto Ventures and Youbi Capital also participated in the financing round, which included important venture capital companies such as Animoca Brands and Binance Labs. According to the developers, the dollar will primarily be used to enhance Tabi’s gaming ecosystem and build its upcoming on-chain identity protocol.
Tabi’s Founder Plans To Launch A New NFT Fund
Of course, along with NFT trading and launchpad features, it turns users’ on-chain activity into experience points that can be exchanged for future airdrop rewards and earnings.
The protocol also includes a gaming platform that combines blockchain gaming transactions and entertainment. Tabi’s founder, Xavier Lee, said he plans to launch an NFT fund that will encourage project developers to design their products, art and brands on BNB Chain.
Binance, which has increased its activities related to NFTs this year, has recently launched its artificial intelligence-powered NFT platform called Bicasso. Shortly after the platform went into operation, it reached the limit of 10,000 mints.
Last November, OpenSea, the most popular NFT marketplace at the time, said it would integrate BNB Chain into its marketplace. This move would allow users to purchase, list and trade their BNB Chain NFTs directly on OpenSea.
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