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

• TABOO, an entertainment and media platform, has raised $10 million with a valuation of $250 million.
• It leverages blockchain technology and NFTs to provide content providers and customers a more secure and efficient experience.
• The platform has onboarded 4 new models with 8 more to come this year and is currently valued at $600 million.

TABOO Raises Fund of $10 Million

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 fund round from the private office which is led by a former JP Morgan senior Executive.

Leveraging Blockchain Technology & Non-Fungible Tokens (NFTs)

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.

Fund Will Be Used For Major Acquisitions & Enhancements

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.

Top Performing Token Outpacing BTC

Additionally, data from CryptoRank states that TABOO token is one of the top performing tokens that outperformed BTC 11.8 times since March 2023 on May 9th 2021 as revealed by CryptoRank – crowdsourced research on crypto market – on their Twitter handle: COINS THAT OUTPERFORMED #BITCOIN $BTC THIS SPRING$ROOK $STRD $TABOO $DEXT $SILO$PRT$TOMI$TOMO$WIT$MX$KAS$MCB$INJ$PENDLE$XRD — 🇺🇦 CryptoDiffer – StandWithUkraine 🇺🇦 (@CryptoDiffer) May 9, 2023

Onboarding New Models

However, TABOO has seen exceptional growth in Quarter 1 by surging more than 1000%. This achievement determines the true strength of the project, cutting-edge technology, and dedication to provide efficient user experience. The massive growth in its Q1 has stood as an outstanding outcome which also led to secure funds recently; thus leading it to onboard 4 new models while 8 new models will be on boarded by 2023 .TABOO is an NFTand media platform that specializes in highly exclusive content; where users can purchase fine NFTs using native token-$TABOO from their user-friendly marketplace