Taboo is an NFT and streaming media project focused on a mature community. The platform intends to promote selective content of the model community. The content at Taboo empowers these community people to be confident and happy. Also, the platform claims to make the members excited while they explore their taboo fantasies.
However, the hurdle faced in the industry was unusual media content availability. The Taboo token ($TABOO) has an NFT marketplace tier system. The system aims to generate a selective mature content availability. Thus through this NFT system, the platform intends to hold the content access. A member has to carry more Taboo tokens to access the content. This way, all the tiers enable the holders to access content that has availability and quality.
As per the whitepaper claim, to achieve this goal, the platform takes the responsibility of selecting quality over quantity. Anyone cannot be a part of the platform; hence there is an application process through which selection occurs. Thus, such a process ensures the quality of the media content on the forum. The platform provides the opportunity to be part of the content related to models, trendy outfits, make-up, and more. Users can get choices to have personalized content and personal messaging.
In addition, the platform uses blockchain technology to facilitate the payment system. Next, the system uses decentralized finance (DeFi) protocol, where the users stake $TABOO tokens. The platform uses staking and yield farming pools; this further rewards the users with $TABOO tokens. Yield farming is an approach in DeFi. These staking protocols are helpful to incentivize platform utilization and trading. Further, the creators and users also get the opportunity to reach up to higher-level tiers and acquire rewards. The platform also claims to resolve the challenge of receiving payments. Therefore, the platform integrates software that shares different acceptable payment modes.
The Taboo platform also intends to be an open advertisement platform. The team keeps the content constantly available, planning to support other cryptocurrency and start-up industries. Therefore, on the platform's landing page, ad space exists. The token TABOO, being the native token, claims to provide growth to the grownup crypto industry. This also plans to bring more people to the platform, nurture the participation token, and benefit the Taboo platform further.
To sum up, the development funds incurred from trading the token are the sources to list the top-tier exchange and upcoming development of the platform.