Background and History
Tabi Chain traces its origins to Treasureland, a BNB Chain-based NFT marketplace launched in 2021. Treasureland gained popularity as a platform for NFT trading and GameFi projects. In May 2023, the project rebranded as Tabi, marking a strategic shift from its initial marketplace focus to developing a fully-fledged blockchain platform, Tabi Chain. This rebranding was supported by a successful $10 million angel funding round led by Binance Labs and Animoca Brands. The shift from Treasureland to Tabi Chain underscores the project’s ambition to become a leader in the Web3 gaming space, providing scalable, interoperable infrastructure that extends beyond mere NFT trading.
Key Features and Technologies
Modular Architecture and Scalability
Tabi Chain features a modular architecture that allows different aspects of the blockchain, such as consensus, execution, and security layers, to be customized independently. This design, along with advanced sharding technology, enables Tabi Chain to achieve millions of transactions per second (TPS), crucial for supporting large-scale Web3 games. The shift from Treasureland to Tabi Chain allowed for the integration of these technologies, enhancing the platform’s performance and scalability.
Cross-Chain Interoperability
Tabi Chain’s interoperability with both the Cosmos and Ethereum ecosystems allows developers to build applications that interact seamlessly across different blockchain networks. This dual compatibility is an evolution of Treasureland’s original vision of facilitating cross-chain NFT utility, now expanded to support broader decentralized applications within the gaming sector.
Usage and Applications
Initially focused on NFT trading, Tabi Chain has expanded its scope to become a comprehensive platform for decentralized gaming and beyond. The blockchain supports various high-demand applications, including decentralized finance (DeFi), social media, and metaverse integration. Tabi Chain provides developer-friendly tools, including a robust SDK, to streamline the creation and deployment of dApps, reflecting its origins in Treasureland’s GameFi ecosystem.
Governance Token: TABI
Overview
The TABI token, introduced during the rebranding from Treasureland to Tabi, serves as the native governance token for Tabi Chain. It enables token holders to participate in on-chain voting and governance, ensuring that the community remains central to decision-making processes. This governance model continues the community-driven approach that was a hallmark of the Treasureland platform.
Tokenomics
The TABI token has a total supply distributed across various allocations:
- Mining: 40% (4,000,000,000 TABI)
- Airdrop: 8% (800,000,000 TABI)
- Team: 14% (1,400,000,000 TABI)
- Investors: 14% (1,400,000,000 TABI)
- Ecosystem: 15% (1,500,000,000 TABI)
- Public Sale: 4% (400,000,000 TABI)
- Marketing & Advisors: 5% (500,000,000 TABI)
These allocations are designed to incentivize early adoption and long-term engagement within the ecosystem, consistent with the principles established during Treasureland’s operation.
Notable Events
The rebranding from Treasureland to Tabi Chain in May 2023 marked a pivotal moment in the project’s history, setting the stage for its transition from a marketplace to a comprehensive blockchain platform. This was followed by the successful launch of the Tabi Chain testnet in early 2024 and the anticipated mainnet launch scheduled for Q3 2024. The platform’s rapid development has attracted significant interest from both developers and investors, solidifying Tabi Chain’s position as a key player in the Web3 gaming space.
Relevant Metrics and Data
Tabi Chain’s infrastructure, built upon the legacy of Treasureland, includes advanced technical capabilities such as millions of TPS and a PoS consensus mechanism, making it highly efficient for decentralized applications, particularly in the gaming sector.
