Tabi, the NFT market on BNB Chain, completed angel round financing of US$10 million, with participation from Binance Labs and others

Tabi (formerly Treasureland), the NFT market on BNB Chain, completed an angel round of financing of US$10 million. Participating investors include Binance Labs, Animoca Brands, Draper Dragon, HashKey Capital, Infinity Crypto Ventures and Youbi Capital. Individual investors include Feng Bo (Dragonfly) , Riyad AD (Saudi Arabia) and Suji Yan (Mask Network). This round of funding will be used to develop Tabi’s gaming ecosystem and upcoming on-chain identity protocol.

In addition to NFT trading and Launchpad functions, Tabi also converts users’ on-chain activities into “experience points” that can be used to redeem future airdrop rewards and earnings. Tabi founder Xavier Lee said he plans to launch an "NFT Incubation Fund" to encourage developers to design their products, art and brands on BNB Chain. (Cointelegraph)