Tabi, the NFT marketplace on BNB Chain, completes $10 million in financing

According to Cointelegraph, Tabi (formerly known as Treasureland), an NFT market on BNB Chain, completed a $10 million angel round of financing. Participating parties include Animoca Brands, Binance Labs, Draper Dragon, HashKey Capital, Infinity Crypto Ventures and Youbi Capital, individual investors Including Feng Bo (Dragonfly), Riyad AD (Saudi Arabia) and Suji Yan (Mask Network). Funding from this round will be used to develop Tabi’s gaming ecosystem and upcoming on-chain identity protocol. In addition to NFT transactions and Launchpad functions, Tabi also converts users' on-chain activities into "experience points", which can be exchanged for future airdrop rewards and benefits. Tabi founder Xavier Lee stated that he plans to launch an "NFT Incubation Fund" to motivate developers to design their products, art and brands on the BNB Chain.