30 days ago • cryptodaily
TABOO Emerges as Key Player in Entertainment Industry with $10M Funding
TABOO announces its achievement of raising a fund of $10 million with a valuation of $250 million. It is an entertainment and media platform that has shown tremendous growth during the first quarter of 2023. Following its potential growth, the platform has secured a $10M fund round from the private office which is led by a former JP Morgan senior Executive.
Significantly, TABOO is revolutionizing in producing unique content creation, curation, and distribution by leveraging blockchain technology and non-fungible tokens (NFTs). TABOO provides a more credible and transparent option for content providers and customers across the globe by using the security and efficiency of the blockchain. Its unique approach attracted major investors and users of the industry.
Moreover, this fund will be used for major acquisitions, marketing, new feature integrations and security enhancements. TABOO's dedication to its investors and community is demonstrated by its growth, which assures them that the brand will hold to improve visibility and will continue to expand.
The platform has exhibited constant growth with a market value of $600 million at its all-time high, indicating its endurance even in global bear markets. Additionally, data from CryptoRank states that TABOO token is one of the top performing tokens that outperformed BTC. On May 9, CryptoRank, a platform that provides crowdsourced and professionally curated research on crypto market, revealed TABOO to be the top three tokens that surpassed the BTC performance 11.8 times since March 2023.
COINS THAT OUTPERFORMED #BITCOIN $BTC THIS SPRING$ROOK $STRD $TABOO $DEXT $SILO $PRT $TOMI $TOMO $WIT $MX $KAS $MCB $INJ $PENDLE $XRD pic.twitter.com/5YsoOeyWnc
57 days ago • coindesk
Bitcoin Is the 'Boring, Old Grandpa' Right Now Compared to Ether: Dexterity Capital Manager Partner
By its nature, bitcoin is a stable thing, and because it doesn’t change, it isn’t exactly the talk of the town, Michael Safai said.