TABOO

About TABOO

TABOO is a media and streaming project that operates at the intersection of the adult entertainment industry and blockchain technology, labeling itself the "Playboy of Crypto". The company was founded in 2021, with its headquarters in London, United Kingdom. The leadership team includes James as CEO and founder, Majid as CMO, and Moe Iman, who was appointed COO in early 2023. James is described as a serial entrepreneur with a background in telecommunications before entering the crypto industry. The core of TABOO's business is a gated content distribution platform and NFT marketplace built on the Binance Smart Chain (BSC). This platform allows content creators, ranging from supermodels to adult entertainers, to mint and sell their media as Non-Fungible Tokens (NFTs), providing them with a decentralized method for monetization that aims to offer lower fees and eliminate chargebacks. For consumers, the platform functions as a marketplace to purchase exclusive SFW (Safe for Work), NSFW (Not Safe for Work), and XXX content using the native $TABOO utility token. Access to content is structured through a multi-tier system; the more tokens a user holds, the higher the tier they can access, unlocking more exclusive media and benefits. These benefits for top-tier holders can include invitations to VIP mansion parties and model meet-and-greets. The business model centers on the utility of the $TABOO token, which is required for transactions, accessing content tiers, and tipping creators. The platform generates revenue through an 8% processing fee on NFT sales. The company has also integrated a fiat-on-ramp, allowing users to purchase $TABOO tokens directly with credit or debit cards, a move aimed at simplifying access for non-crypto native users and driving mass adoption. Future developments include the integration of live-streaming with tipping functions, virtual reality (VR) experiences, a merchandise store, and individual staking pools for models and their fans.