Tabi, the non-fungible token market platform previously known as Treasureland, has announced plans to launch a new blockchain network for play-to-earn gaming next month. The NFT marketplace has partnered with Cosmos, a renowned blockchain solutions firm, to develop the new blockchain.
Tabi Sets To Launch New Net For NFT Gaming
In a January 20 blog post, Tabi NFT marketplace confirmed partnering with Cosmos to launch its new blockchain network. Cosmos is a blockchain solutions firm that creates crypto exchanges and NFT marketplaces that allow anyone worldwide to buy, trade, invest, and lend, even without a bank account.
Tabi 🤝 Cosmos ⚛️ EVM pic.twitter.com/5coDeBBWjV
— 𝗧𝗮𝗯𝗶 🎮 (@Tabichain) January 20, 2024
Launched in 2021, Tabi is a decentralized non-fungible token market platform hosted on the BNB blockchain network. Tabi is renowned for providing crypto services, including NFT trading, gaming platforms, and launchpad for Web 3. Tabi also incentivizes its users by rewarding them with experience points for their on-chain actions.
The NFT marketplace started laying plans to launch a new blockchain network alongside other gaming projects earlier last year. At the time, Tabi announced starting a seed funding round to raise capital for the crypto project. In May, Tabi NFT marketplace confirmed raising $10 million from its angel funding round.
The funding initiative saw the participation of venture capital firms Animoca Brands, Draper Dragon, Hashkey Capital, Infinity Crypto Ventures and Youbi Capital. Individual investors, including Bo Feng of Dragonfly Capital, Riyad AD of Saudi Arabia, and Suji Yan of Mask Network, also contributed.
Tabi’s New Blockchain Network Explained
Under the new partnership, Tabi anticipates leveraging Cosmos’ capabilities to create a unique blockchain network that will set new standards for mass adoption in blockchain gaming. Tabi’s strategic plans appear when the crypto and NFT industries are expected to experience another mania, which could be more substantial or similar to the historic 2021 bull market.
To drive mass adoption, Tabi has equipped its new blockchain network with ‘omnicomputing’ functionalities, which enables seamless NFT gaming with million-level TPS for exceptional performance. Moreover, the Tabi chain will feature ‘parallelism sharding’ capabilities, allowing each game to run independently on high-performance nodes while ensuring instant finality and unlimited TPS.
The key to achieving mass adoption 🚀 lies in addressing these pain points:
– Trilemma to Trinity: Turn the blockchain trilemma (Security, Decentralisation, Scalability) into a 🔄 trinity.
– Simplify to Amplify: Empowering developers with freestyle Web3 Development options.… pic.twitter.com/bpx3NwJg7O
— 𝗧𝗮𝗯𝗶 🎮 (@Tabichain) January 20, 2024
Finally, Tabi NFT marketplace will equip its upcoming blockchain net with a unique economic model designed to empower game developers and engage players, fostering a cycle of growth and innovation. The highly anticipated blockchain network aims to promote decentralization, scalability, and security in the NFT and blockchain gaming industry.
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