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Adult entertainment and media platform TABOO has recently raised $10 million at a valuation of $250 million in a successful investment round led by a private family office, signaling the platform’s growing prominence in the adult entertainment industry. The funds raised from the investment will be utilized for the platform’s growth, product improvement, security enhancements, marketing, and acquisitions.
TABOO has achieved tremendous growth by integrating blockchain technology and non-fungible tokens (NFTs) to revolutionize content creation, curation, and distribution. With this latest funding, TABOO aims to expand its market share and establish its position as a leading crypto globally.
Moreover, the private office leading the investment was impressed with TABOO’s unique approach to content production and distribution.
TABOO’s CEO James said,
“We are thrilled to have secured this funding, which will enable us to take TABOO to the next level. We believe that blockchain and NFTs are the future of adult entertainment, and we are determined to lead the way. This investment will allow us to do just that and become a household name in the process.”
In addition, the TABOO’s recent achievements include a 1000% token growth in Q1 and onboarding four new Taboo models, with more to follow. TABOO is also preparing for its biggest event of 2023, the Taboo Mansion Event, which is highly anticipated by fans. Furthermore, the platform has launched a new marketplace with e-commerce and on-ramp capabilities, making it more accessible to users.
Added to this, TABOO is about to announce a partnership with a Tier 1 CEX, which will further expand its reach and influence in the adult entertainment industry. These developments demonstrate TABOO’s commitment to its investors and community, assuring them that the brand is here to stay and will continue to grow.
More so, the TABOO’s application of blockchain technology and NFTs has drawn the attention of investors and industry professionals, providing users with a more secure and efficient alternative. The platform’s innovative approach to content production and distribution has made it well-positioned to continue its rapid expansion and establish itself as a key player in the adult entertainment business.
Furthermore, TABOO’s recent successful investment round signals a bright future for the platform. The integration of blockchain technology and NFTs in content creation and distribution has set it apart from its competitors. The platform’s continued expansion and growth, including onboarding new models, launching a new marketplace with e-commerce capabilities, and preparing for its biggest event of 2023, the Taboo Mansion Event, will further solidify its position in the industry.