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Blockchain

Taboo to Dominate the NFT Market with the Launch of Their Marketplace with $1M Worth of Content

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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

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Exverse debuts its token on Bybit ahead of the FPS game’s launch

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Exverse, a free-to-play game bringing a fresh take on AAA first-person-shooters to Web3, announces the launch of its native $EXVG token on ByBit, a top-three crypto exchange by volume with over 20 million users. The ByBit launch will be followed by spot listings on the MEXC and Gate exchanges. Ahead of its full alpha launch in mid-May, Exverse hosted a soft-launch tournament for 5,000 early registrees on April 15 with cash rewards for top performers.

During the last bull run, Web3 games rose to prominence under the play-to-earn mechanism that made games like “Axie Infinity” so popular. As this model became widely replicated, many of these blockchain-based games prioritized the crypto elements at the expense of the actual game aspects. This trend could be seen in practice by many titles opting to undergo a token launch before even having a working demo, disincentivizing developers to build a quality game, and leaving users with no ecosystem or functioning game to play and spend or the native currency in.

With Exverse approaching its full launch, players can earn $EXVG by performing well while using the native token to enter matches, purchase premium items, and more. The $EXVG token builds on Exverse’s extensive beta and serves as the ecosystem’s currency while the game’s community witnessed a 20 percent growth in verified signups within a month. Supporting Exverse in their token launch are prominent launchpads and incubators that include Seedify, ChainGPT, and GameFi.

To build momentum for its upcoming alpha launch in mid-May, Exverse showcased its game by holding an exclusive deathmatch-style tournament for 5,000 early wait listers on April 15. The five-day tournament, which took place on the game’s ‘Battle Planet,’ gives players a chance to demonstrate their skills and win rewards via stablecoins and tokens. With $50,000 in total up for grabs, the top 100 performers earned at least $200. Top five finishers earnings were dispersed accordingly:

1st place: $4,000
2nd place: $2,000
3rd place: $1,500
4th and 5th place: $1,000
Built using Epic’s Unreal Engine 5, Exverse utilizes blockchain technology to strike a balance between enjoyable, realistic, and immersive real-time gameplay. The game prioritizes skill over pay-2-win mechanics, enabling players to earn rewards by staking tokens before a season’s kickoff. Top performers receive a share of profits from in-game NFTs such as cosmetics and skins.

To support the ecosystem’s development, expansion, and growth while rewarding the team and its early supporters, 400 million $EXVG will be minted.

“We are extremely excited about our token launch and proud to work with a great partner like ByBit to make it happen,” says Fei Ooi Hoong, CEO of Exverse. “We worked tirelessly to develop a diverse, engaging, and intuitive first-person shooter capable of revolutionizing how the public views blockchain-based gaming. Our talented team tapped into its background in traditional gaming to develop a rich and immersive gaming experience and then strategically implemented the NFT elements and in-game economics to enhance the user experience.”

The post Exverse debuts its token on Bybit ahead of the FPS game’s launch appeared first on HIPTHER Alerts.

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Blockchain

39% of Canada’s institutional investors have exposure to crypto: KPMG

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According to a report from CoinTelegraph, nearly forty percent of institutional investors in Canada have exposure to cryptocurrency, as revealed by KPMG. This finding underscores the growing acceptance and adoption of digital assets among institutional investors in the country.

The report indicates that a significant portion of institutional investors in Canada are actively investing in or exploring opportunities in the cryptocurrency market. This trend reflects a shift in sentiment towards digital assets, with more investors recognizing the potential for long-term growth and diversification offered by cryptocurrencies.

KPMG’s findings highlight the increasing mainstream acceptance of cryptocurrencies among traditional investors, as well as the growing interest in blockchain technology and its potential applications across various industries. As institutional investors continue to enter the cryptocurrency market, they are expected to bring additional capital and liquidity, further fueling the growth and maturation of the digital asset ecosystem.

Overall, KPMG’s report signals a significant milestone in the adoption of cryptocurrencies in Canada, indicating that institutional investors are increasingly recognizing the value proposition of digital assets and integrating them into their investment portfolios. This trend is likely to accelerate the broader adoption and mainstream acceptance of cryptocurrencies in the country and beyond.

Source: cointelegraph.com

The post 39% of Canada’s institutional investors have exposure to crypto: KPMG appeared first on HIPTHER Alerts.

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Blockchain

BounceBit (BB) Megadrop Now Open: Participate by Subscribing to BNB Locked Products or Completing Web3 Quests

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The BounceBit (BB) Megadrop is now open for participation, as announced by Blockchain.News. This event presents an exciting opportunity for users to earn BB tokens by engaging in various activities, including subscribing to BNB locked products and completing Web3 quests.

Participants can join the BB Megadrop by subscribing to BNB locked products or completing Web3 quests, both of which offer different avenues for earning BB tokens. By participating in these activities, users have the chance to accumulate BB tokens and potentially benefit from the rewards associated with the Megadrop.

Subscribing to BNB locked products allows users to earn BB tokens by locking their BNB assets for a specified period. This not only provides users with an opportunity to earn rewards but also contributes to the liquidity and stability of the BounceBit ecosystem.

Additionally, completing Web3 quests offers users an alternative way to earn BB tokens by engaging in various tasks and challenges related to Web3 technology. These quests provide users with a fun and interactive way to learn about blockchain and cryptocurrency while earning rewards in the form of BB tokens.

Overall, the BB Megadrop presents an exciting opportunity for users to participate in the BounceBit ecosystem and earn rewards by engaging in activities that contribute to the growth and development of the platform. As the Megadrop progresses, participants can look forward to additional opportunities to earn BB tokens and potentially benefit from the rewards associated with this event.

Source: blockchain.news

The post BounceBit (BB) Megadrop Now Open: Participate by Subscribing to BNB Locked Products or Completing Web3 Quests appeared first on HIPTHER Alerts.

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