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Buy TABOO TOKEN with Coinbase Wallet

TABOO TOKEN can be traded using Coinbase Wallet, your key to the world of crypto.

About TABOO TOKEN

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.

The team of TABOO has James as CMO and CEO, Majid as COO and business strategist, Conrad as press or legal aid, Eli as the social media manager, and Mat C as a community manager.

James is a serial entrepreneur who has earlier also founded telecommunication companies before coming into the crypto industry. The TABOO website was launched in 2021 along with the airdrop of tokens and listing at certain crypto exchanges. In the first quarter of 2022, TABOO claimed to enter more strategic crypto partnerships and start a Taboo podcast for its users. The team claims to have included videos and images in its offering to its users as a part of its expansion strategy. In 2022 itself, the team claims to integrate a secondary token for platform use.

The platform's NFT marketplace is cross-chain, using a layer-2 protocol solution. The platform claims to have low fees along with fast transaction speed. The Taboo ecosystem brings both ERC721 and ERC1155 standard-suited NFTs on its platform that works on the Binance Smart Chain (BSC). ERC721 represents the standard of NFTs' uniqueness. And ERC1155 is the standard edge for contracts that takes care of multiple token types. Both are the data standard on the Ethereum platform. As the TABOO tokens run on the Binance Smart Chain, the focus is to include more and more smart contract functions. Smart contracts are just like regular contracts; however, instead of being drafted on paper, these contracts run in the form of protocols on the blockchain. These smart contracts are compatible with EVM (Ethereum Virtual Machine) and provide high throughput to the platform.

As per the website, 4% of every transaction is claimed to be added to liquidity, to stabilize the price, 2% is redistributed among holders, to provide passive income, and finally, 1% of every transaction is burned, which removes the token from the supply and increases the TABOO token’s value. Burning is when a fraction of tokens is sent to a wallet with no private key. This means the tokens are lost forever. Tokens are usually burned to reduce availability and increase market value.

The token has a maximum supply of 9.7 billion coins. However, the current total supply of the token is 9,677,922,886.54381 TABOO.

Market

Portugal Market Stats

Market cap

€12.9M

Volume (24h)

€839,465.84

Circulating supply

9.8B TABOO

All time high

€0.0331

Price change (1h)

+1.67%

Price change (24h)

-4.27%

Price change (7d)

-27.07%

Portugal News about TABOO TOKEN

BeInCrypto • May 02, 24

MicroStrategy Enters Decentralized Identity Arena with Bitcoin-powered Protocol

MicroStrategy strengthen its focus on Bitcoin innovation by introducing Orange, a Bitcoin-based DID protocol.The post MicroStrategy Enters Decentralized Identity Arena with Bitcoin-powered Protocol appeared first on BeInCrypto.

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The Block • May 02, 24

MicroStrategy plans to launch decentralized ID solution: report

Microstrategy unveiled plans to launch a decentralized identity solution at a business presentation, according to an influencer on X.

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Bitcoin Magazine • May 02, 24

Texas A&M Professor to Launch Bitcoin Research Institute

Texas A&M Professor Korok Ray announced the launch of the Bitcoin Research Institute to explore the integration of Bitcoin and artificial intelligence.

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Decrypt • May 02, 24

MicroStrategy Is Building ‘Decentralized ID’ on Bitcoin Using Ordinals-Like Inscriptions

Michael Saylor announced the Orange protocol for decentralized identification, hoping to anchor digital identities in the dominant blockchain.

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BeInCrypto • May 01, 24

Celestia (TIA) Price Targets $7 as Investors Pull Back

Celestia's price is in a potential reversal stage and could so so only if the altcoin manages to bounce off these key.The post Celestia (TIA) Price Targets $7 as Investors Pull Back appeared first on BeInCrypto.

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Bitcoin Magazine • May 01, 24

MicroStrategy Announces Decentralized ID Platform On Bitcoin Called MicroStrategy Orange

Michael Saylor and the MicroStrategy EVP of Engineering announce the company's latest Bitcoin innovation at MicroStrategy World: Bitcoin for Corporations 2024.

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TABOO TOKEN is on the decline this week.

The price of TABOO TOKEN has increased by 1.67% in the last hour and decreased by 4.27% in the past 24 hours. TABOO TOKEN’s price has also fallen by 27.07% in the past week. The current price is €0.0013 per TABOO with a 24-hour trading volume of €839.47K. Currently, TABOO TOKEN is valued at 96.00% below its all time high of €0.0331. This all-time high was the highest price paid for TABOO TOKEN since its launch.

The current circulating supply of TABOO TOKEN is 9,782,678,080 TABOO which means that TABOO TOKEN has as total market cap of 9,782,678,080.

FAQ

What is the current price of TABOO TOKEN?

We update our TABOO TOKEN to EUR currency in real-time. Get the live price of TABOO TOKEN on Coinbase.

What is the market cap of TABOO TOKEN?

The current market cap of TABOO TOKEN is €12.95M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of TABOO TOKEN?

The all-time high of TABOO TOKEN is €0.0331. This all-time high is highest price paid for TABOO TOKEN since it was launched.

What is the 24 hour trading volume of TABOO TOKEN?

Over the last 24 hours, the trading volume of TABOO TOKEN is €839.47K.

What other assets are similar to TABOO TOKEN?

Assets that have a similar market cap to TABOO TOKEN include GAMEE, ZUSD, Scallop, and many others. To see a full list, see our comparable market cap assets.

How many TABOO TOKEN are there?

The current circulating supply of TABOO TOKEN is 9.8 billion.

Can I buy TABOO TOKEN on Coinbase?

Yes, TABOO TOKEN is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy TABOO TOKEN guide.