TABOO Raises $10M Fund, Surges 1000% in Q1 & Onboards 12 New Models

Last Updated: 8 January 2024

• TABOO has recently raised $10 million in a fund round led by a former JP Morgan executive.
• The platform is revolutionizing content creation, curation and distribution with blockchain technology and NFTs.
• CryptoRank data shows that the platform’s token has outperformed BTC 11.8 times since March 2023.

TABOO Raises $10 Million Fund Round

TABOO has announced its success in raising a fund of $10 million with a valuation of $250 million. The private office was headed by a former JP Morgan senior executive, demonstrating the potential growth TABOO has shown during the first quarter of 2023. The entertainment and media platform is leveraging blockchain technology and non-fungible tokens (NFTs) for content creation, curation, and distribution. This approach has attracted major investors and users of the industry, who will use this funding for acquisitions, marketing, new feature integrations, and security enhancements.

Platform Performance

TABOO’s commitment to their investors and community is demonstrated by its growth, which hit an all-time high market value of $600 million in bear markets as well. According to CryptoRank data reveals that TABOO token is one of the top performing tokens that outperformed BTC 11.8 times since March 2023..

Onboarding New Models

The exceptional growth seen in Quarter 1 caused an impressive surge – more than 1000% – which secured funds for the platform to onboard four new models with eight more expected by 2023. As an NFT marketplace & media platform specialized in exclusive content, users can purchase high quality NFTs using native token $TABOO from their efficient marketplace interface .

Security Enhancements

In order to provide customers across the globe with a secure option through blockchain technology efficiency plus transparency , TABOO plans on using this additional funding for security enhancements along with other features such as: major acquisitions , marketing strategies , etc . These measures are taken to further ensure customer satisfaction along with providing them access to exclusive content .

Conclusion

Overall , TABOO’s recent fund raise is evidence of its potential growth within this sector . Its dedication towards ensuring customer satisfaction combined with its efforts in creating unique content have enabled it to remain successful even during global bear markets . With these security enhancements being implemented , customers can be rest assured that they are provided access to some of the most exclusive content available .

Author
  • Florian Feidenfelder

    Florian Feidenfelder is a seasoned cryptocurrency trader and technical analyst with over 10 years of hands-on experience analyzing and investing in digital asset markets. After obtaining his bachelor's degree in Finance from the London School of Economics, he worked for major investment banks like JP Morgan, helping build trading systems and risk models for blockchain assets.

    Florian later founded Crypto Insights, a leading research firm providing actionable intelligence on crypto investments to hedge funds and family offices worldwide. He is the author of the bestseller "Mastering Bitcoin Trading" and has been featured in prominent publications like the Wall Street Journal, Bloomberg, and Barron's for his insights on blockchain technologies.

    With extensive knowledge spanning the early days of Bitcoin to today's explosive DeFi landscape, Florian lends his real-world expertise to guide both new entrants and seasoned professionals in capitalizing on the wealth-creating potential of crypto trading while effectively managing its inherent volatility risks.

error: Alert: Content is protected !!