Tabi, a platform for buying and selling digital items called nonfungible tokens (NFTs), has raised $10 million in funding. Companies like Animoca Brands and Binance Labs invested in the project. The money will be used to improve Tabi’s gaming features and create an on-chain identity system. Tabi lets users earn “experience points” from their online activities, which can be exchanged for rewards. It also has a gaming platform and plans to support artists through an NFT incubation fund. Binance, a popular cryptocurrency exchange, has been expanding its NFT operations, including integrating with other platforms like Polygon and OpenSea.
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