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    Home » News » TABOO Launches Deflationary Meme Token and NFT Marketplace

    TABOO Launches Deflationary Meme Token and NFT Marketplace

    By TheoMay 28, 2021Updated:September 21, 20222 Mins Read

    TABOO, a community driven project, announced the launch of a new deflationary meme token with its own NFT Marketplace. The token brings exclusive, never-seen-before and  uncensored NFT content featuring world famous beauties to its holders. The project has a built-in static rewards program where holders earn passively through the 5% tax distribution to token holders.

    "<yoastmark
    TABOO Project aims to revolutionize the adult entertainment industry Credit: TABOO

    Taboo Project

    The project is an entertainment and publishing blockchain community utilizing NFTs to bring excitement to the holders. It aims to reform adult entertainment with its meme token. It is currently in talks with CoinMarketCap for listing while the airdrop program is already live. The project will also launch its own NFT Marketplace focusing on adult entertainment content.

    TABOO has a full rug proof protection enabling a safe environment for token holders with a locked liquidity pool. Rug pulls have become a norm for crypto projects especially during bull runs. It is not unheard of for new projects to vanish into thin air after attracting high interest and big volumes of liquidity. TABOO removes the possibility of a rug-pull with its locked liquidity pool.

    As a community driven project, TABOO puts a premium in Marketing. The project recognizes that the key to their success is to be fully aligned with the interests of the token holders. As such, the project will prioritize building an inspired and most importantly, satisfied community. 

    NFTs and Meme Coins

    Meme Coins have been dismissed as tokens with no real value and use case. However, the rise of community driven projects making it truly decentralized changed the dynamics. The community has led meme coins to new and exciting use cases such as mode of payment. Just recently, the meme token “DogeCoin” made headlines. This year alone its price has soared 14,000% vs. last year. 

    Like Meme Coins, NFTs started in its own niche of cryptocurrency enthusiasts. Now mainstream artists, athletes and even sports teams are using NFTs to auction off rare pieces and collectibles. TABOO is confident that the current bull cycle will create a momentum for Meme Coins similar to NFTs. 

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    All investment/financial opinions expressed by NFTevening.com are not recommendations.

    This article is educational material.

    As always, make your own research prior to making any kind of investment.

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    Theo
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    Theo is NFTevening co-founder. He has been in the digital marketing & Media industry for the past 7 years and is involved in several big publishing companies - Reaching 35Millions users monthly across 20 different countries. He is a nostalgic gamer, a Witcher-fan and a huge NFT-enthusiast !

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