Blockchain
Taboo to Dominate the NFT Market with the Launch of Their Marketplace with $1M Worth of Content
London, United Kingdom–(Newsfile Corp. – November 3, 2021) – Taboo aims to become the Playboy of blockchain. They fill in gaps where industry giants have yet to establish themselves, by embracing decentralization, to provide innovative solutions to many industry problems.
Taboo, the NFT & streaming media project, specializing in highly exclusive content is all set to launch its much-awaited marketplace. This will allow the Taboo Token holders to buy, sell, trade NFTs and stake their Taboo Tokens. To encourage user interaction and participation, Taboo is also launching $1 Million dollars worth of NFTs, as the flagship product offering, on the platform.
There will be celebrity, ex-playboy models, and other styled collections. Taboo is helping bridge the gap from existing powerhouse brands by using its token for payment. Their platform is built as a user-friendly introduction to what blockchain can do for content creators, and how decentralization of platform and payment can benefit them.
The TABOO platform products will be purchased in $Taboo, the native currency, meaning no chargebacks and no theft of content. Where payments are final. The proffered products are heavily curated, for quality and kept exclusive to the Taboo platform. The token platform has yield farming, in the spirit of decentralization, using defi yield pools, as well.
No other marketplace in development or in existence has the breadth of features and interoperability that Taboo’s does. Built on the Plasma Network, Taboo allows for low fee, cross-chain transfers, helping to bring crypto forward into a more unified system. The platform also contains a unique tier system that will launch along with the $1 million dollar release. Only three of the four tiers planned will be active at launch. Each tier is locked behind a wall, to which only specified USD amounts held, in $TABOO tokens, will provide the key to open each tier to the treasures within. In each tier will be thematic collections based on the type of content and the model/celebrity, the creative direction, the story, etc. There will be enough content for early users to sink their teeth into.
Taboo Sets to Revolutionize Using Crypto NFTs
Taboo comprises three core pillars: Quality. Exclusivity, and Innovation. These are the defining pillars of the organization.
Quality:
All NFTs are from the best of the best, in fashion, and more! The creators and content are carefully curated for quality, to maximize the value of the Taboo system, for both users and content creators.
For example, the $1 million in NFTs will include never before seen photos and videos.
Exclusivity:
With quality comes exclusivity. Taboo is capitalizing on the concept of uniqueness and scarcity, inherent in NFTs, through its tiering system. In this system, different levels of content are provided, based on their SFW, to NSFW, to xxx nature, in tiers 1-4. Tiers 1-3 will be active at launch. A unique criterion needs to be met in order to acquire the ability to access this exclusive. The criteria are based on a set USD dollar amount to taboo tokens, priced free at tier one, but up to 10,000 at tier 4.
Additionally, all content showcased is exclusive. No one else has it.
Finally, the product provided will be of the highest quality, to match both price point and exclusivity.
These elements are economic incentives towards value and key to Taboo’s growth and potential.
Innovation:
Dedicated to quality and creating the kind of exclusivity people will actually pay money for, Taboo is dedicated to innovation. To accomplish this, Taboo engaged the best NFT marketplace development team in crypto. The team that built Enjin Coin’s Marketplace. This same team has custom-built every part of the marketplace to fit exact specifications, according to the Taboo design, while keeping the UI simple. The goal is to allow for an easy learning curve for a non-crypto. So any user (over 18) can access the content, as long as they have a crypto wallet like trust wallet or metamask.
Key Features of the Taboo Marketplace That Sets it Apart From Other
The Taboo NFT marketplace is one of the key milestones in the project’s history and path ahead as the marketplace offers breakthrough services, features for both content creators and buyers. Content Creators will be able to do the following:
- Mint NFTs using the Taboo NFT minting function, on the Marketplace.
- Submit content and submit for approval, by the Taboo Moderators.
- Set firm prices for NFT sales or put their NFTs up for auction and bidding competitions!
Content Creators that wish to cash out their earnings may do so through the Fiat on-ramp, subject to all national and international regulations. The Marketplace payment methods are immediate and trustless. There is no 2-day waiting period for payment. All NFT sales and purchases are immediately transferred to the creator’s account, minus the Platform’s 8% processing fee. Apart from creators, the users also enjoy an array of features and services some of which include:
- Buy any content listed for sale on the marketplace.
- View, Search, Filter, and Sort Content,
- Check their bought content.
- Check their transaction history.
- Can follow, comment, and interact with their favorite content creators’ profiles.
- Buy, Bid, and compete for NFTs sold at auction.
- Stake Taboo, to earn more Taboo!
- Yield farming
Additionally, Taboo will be hosting parties at its very own Taboo Mansion, for the mystical Tier 4 holders. There are several designated and chosen locations, but the team has decided to keep this secret, until the time is ripe. There will also be online meetups, for the COVID-19 conscious, parties to support trade shows, and more! This is the benefit for being a member of the Fourth Tier of the tiered model. Users get to come be a part of Taboo, with the models, parties, and locations. Treated like the VIPs Taboo considers them to be.
Future features to be included in Marketplace Version 2, to come sometime Late 2021-Early 2022 are:
a. VR
b. Live Streaming
c. Active Tipping
d. Advertising/Monetization of space
e. Staking onto individual profiles
f. Even more high profile models
g. Private DM’s, video chats, texts with creators
h. Cross-chain integration of the hottest chains in Cryptocurrency
i. Immutable NFT’s
j. Fiat onramp
k. Other project coin farming, on the platform, providing marketing support to them and allowing users to farm taboo on the platform, for that
l. And more!
To learn more about Taboo visit Taboo.community
Twitter : https://twitter.com/TABOOOFFICIAL2
Telegram : https://t.me/TABOO_OFFICIAL
Discord : https://discord.gg/FS9VpQQJ4d
Medium : https://tabootoken.medium.com/
Facebook : https://www.facebook.com/Taboo-Token-Community-102017382119331
Instagram : https://www.instagram.com/taboo.token/
Youtube : https://youtube.com/channel/UCdNC5ODDYkRTbDfS8DlTq8Q
Media Contact :
Company Name : TABOO TOKEN
Contact Person : James Lambert
Email : [email protected]
Website : https://taboo.community/
Source : Taboo Token
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/101835
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Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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