NFT Marketplace Tabi Launches Blockchain Game on Cosmos

NFT Marketplace Tabi Launches Blockchain Game on Cosmos

NFT trading platform Tabi (formerly Treasureland) has announced the launch of Tabi Chain, a blockchain game built on Cosmos with EVM compatibility.

NFT Marketplace Tabi Launches Blockchain Game on Cosmos

In a recent announcement, Tabi revealed that Tabi Chain will introduce a testnet in February this year. The project is currently calling for developers to join its gaming ecosystem.

Tabi, originally built on the BNB Chain ecosystem, successfully raised $11 million in funding in May 2023 through two rounds of Seed and Angel investments from renowned funds such as Binance Labs, HashKey, Animoca Brands, among others.

The trading platform has attracted users through interactive farming activities, promising to convert on-chain user activities into experience points that can potentially be used for future airdrop rewards.

2023 saw a subdued performance in the GameFi market, with a significant number of projects having fewer than 10 active players by October, according to a Footprint study. Despite this, the sector continues to mature and lay foundations, evidenced by increased adoption from traditional gaming giants like Square Enix and regulatory initiatives such as France's Sorare Law aimed at overseeing crypto-powered gaming activities.

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