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Reading: TABOO Blockchain Platform Skyrockets: Raises $10M and Eyes Major Expansion
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Marketing In Asia > Blog > Startup > Funding > TABOO Blockchain Platform Skyrockets: Raises $10M and Eyes Major Expansion
FundingNews from Startup world

TABOO Blockchain Platform Skyrockets: Raises $10M and Eyes Major Expansion

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Last updated: 2023/05/18 at 9:05 PM
Divya Dubey
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3 Min Read
TABOO blockchain entertainment
Source: https://www.forbesindia.com/
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TABOO, the trailblazing blockchain entertainment and media platform, has recently made a groundbreaking announcement. The platform has successfully raised $10 million in funding, putting its valuation at a remarkable $250 million. This fund infusion brings forth an exciting phase of expansion and growth for TABOO, preparing to utilize the capital in multiple areas such as product development, security upgrades, marketing initiatives, and strategic acquisitions.

A notable triumph in TABOO’s journey has been its token growth, which surged by an astounding 1000% in Q1 2023. This exponential increase underscores the rising demand and interest in TABOO’s offerings, marking a key growth indicator for the platform.

Also Read: Gen-Z Disruptors: Unveiling the Future of Luxury

Further elevating its appeal, TABOO has newly welcomed four Taboo models to its platform, with plans to add more to the lineup. These models infuse fresh perspectives and innovative ideas, reinforcing the platform’s allure for its audience. In another thrilling development, the Taboo Mansion Event of 2023 is set to launch, promising to be the year’s major attraction for the platform’s fans. The event is designed to facilitate a dynamic interaction between fans and their favorite models, fostering a sense of community on the platform.

Additionally, TABOO has announced the unveiling of the Taboo Marketplace, a feature-rich platform that enables users to directly purchase a wide array of products and services. The platform’s new on-ramp capabilities are set to simplify the process for users to convert their fiat currency into TABOO tokens, thereby enhancing accessibility for a broader audience.

Moreover, a Tier 1 CEX listing announcement is on the horizon, signaling more exciting details about TABOO’s growth strategy. TABOO tokens can currently be traded on Gate.io, LBank, MEXC among other top exchanges, and this new partnership is poised to increase liquidity for the platform’s tokens, making it even more enticing to investors.

In summary, the successful $10 million funding at a $250 million valuation is a monumental achievement for TABOO, underscoring its surging popularity and strong potential for growth. With major developments in the pipeline, including the Taboo Mansion Event, the launch of the Taboo Marketplace, and the impending Tier 1 CEX announcement, TABOO’s trajectory is slated to continue its impressive ascent in the coming years.

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TAGGED: blockchain, blockchain entertainment, Crypto, Expansion, Funding, investment, media platform, TABOO, Taboo Mansion Event, Taboo Marketplace, Taboo models, Tier 1 CEX listing, token growth, valuation

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    DivyaDubey May 18, 2023 May 18, 2023
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    By DivyaDubey
    Marketing and Digital Branding Consultant with experience across Insurance, HealthTech and Digital Media Industries.
    Previous Article God-is-Watching Curbing Illegal Waste: A Peek into the AI-Powered, Holographic ‘GOD-IS-WATCHING’ Innovation – Interview with Kevin Yang & Felix Chang
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