NFT exchange Tabi (formerly Treasureland) announces the launch of Tabi Chain, a blockchain game built on Cosmos and with EVM compatibility. According to the recent announcement, Tabi said Tabi Chain will launch a test network in February this year. Currently, the project is calling for developers to register to participate in its game ecosystem.

Tabi is an NFT exchange built on the BNB Chain ecosystem. In May 2023, Tabi successfully raised 11 million USD from 2 Seed and Angel rounds by famous funds such as Binance Labs, HashKey, Animoca Brands, etc. The exchange attracts “engaged farm” users by announcing that it will convert users' on-chain activities into experience points, which can be used to redeem airdrop rewards in the future. 2023 is a year when the GameFi market is quite gloomy and does not have many outstanding developments.

According to research from Footprint, 73% of GameFi projects had fewer than 10 active players in October. In contrast, the sector leans more towards cultivating and building foundations, as evidenced by the continued received from traditional gaming giants such as Square Enix, or the issuance of Sorare Law regulations from France to manage gaming activities with cryptocurrency.

What is Tabi?

Tabi (formerly Treasureland) is an NFT trading platform on BNB Chain. Tabi's goal is to create NFT works that are meaningful and inspiring, encouraging people to explore and embark on their own unique journeys.

The platform allows users to earn "experience points" through online activities and redeem rewards. Tabi has a separate development team for the game platform. Tabi founder - Xavier Lee revealed that Tabi launched a product to encourage developers to design on BNB Chain, called "NFT incubation fund".

Outstanding features of the project Technology

Technology

Tabi has a built-in NFT marketplace, users can see the expected price of NFT works in USD (depending on the cryptocurrency market rate at the time). The project provides information including ID number, block number where NFT was created, creation time, link to owner and seller.

Create NFTs: NFTs are created from images, videos, sounds, and many other types of content.

Buy and sell NFTs: The marketplace offers a wide variety of NFTs, from works of art to game items…

NFT Trading: Users trade NFTs directly with each other on the Tabi platform.

Tabi is compatible with popular NFT wallets like MetaMask, Phantom, and Solflare, making it easy for users to store and access NFTs.

BSC

Tabi is an NFT platform that focuses primarily on Binance Smart Chain (BSC), offering important advantages such as fast transaction speed, low transaction fees, powerful DeFi system, and EVM compatibility.

Tabi's large community and diverse ecosystem, focusing on BSC, create favorable conditions for users to move from Web2 to the Web3 world.

Tabi Beta

Tabi Beta is a test version in the cryptocurrency field with three important features: Marketplace, launchpad, and on-chain identity protocol.

The marketplace feature allows users to buy or sell NFT products at specific prices and defined times. Launchpad supports and empowers creators and developers to build and launch unique NFT experiences.

Tabi implements an on-chain identity protocol, which tracks user actions and converts them into experience points - potentially redeemable for future rewards and benefits. The on-chain identity protocol feature brings lifetime benefits and incentives to the user community.

Team

Tabi was founded in 2021 by a team of developers with experience in the blockchain and NFT space, led by Xavier Lee.

Investors

Tabi successfully raised capital worth $10 million from prominent investment firms in the industry such as Animoca Brands, Binance Labs, Draper Dragon, Hashkey Capital, Infinity Crypto Ventures and Youbi Capital.