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NFT Marketplace Tabi Raises $10M to Build Gaming Ecosystem on BNB Chain

Tabi, an NFT marketplace, has raised $10 million in a funding round from Web3 VCs and angel investors, including Animoca Brands, Binance Labs, and Hashkey Capital. The platform, which is based on the BNB Chain, plans to use the funds to build a gaming ecosystem on the Layer1 blockchain and develop an on-chain identity protocol. Tabi also aims to expand its ecosystem with an "NFT Incubation Fund" to encourage developers and creators to build and launch their products on the BNB Chain. Despite lagging behind Ethereum, Solana, and Polygon, Binance has recently expanded its NFT ecosystem, adding support for bitcoin NFTs and integrating Polygon and Ethereum NFTs.

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