1. What is taboo?

Introduction to TABOO Cryptocurrency

TABOO is a cryptocurrency primarily used in the NFT (Non-Fungible Token) market and streaming projects of the adult entertainment industry. It is built on the Binance Smart Chain (BSC) and has the following features:

1. NFT Market: TABOO has a cross-chain NFT market that incorporates DeFi yield gamification and staking mechanisms, providing its users with a reward-based ecosystem interaction.
2. Static Reward Program: 7% tax on every transaction is distributed to holders as passive income.
3. Liquidity: 4% of every transaction is added to liquidity, further stabilizing the price and combating downturns.
4. Redistribution: 2% of every transaction is redistributed among holders, generating passive income.
5. Burning: 1% of every transaction is burned, permanently removing it from circulation and increasing scarcity.
6. Content Selectivity: TABOO selectively curates a list of the most exclusive content creators, offering the highest quality, most exclusive SFW, NSFW, and XXX exclusive media from content creators.
7. Cross-Chain Support: TABOO's market will be built on the Plasma network, supporting multiple networks such as Polygon, Harmony, and Sol.
8. Community Driven: TABOO is a community-driven coin with the primary goal of providing the highest quality and exclusive NFT content to the community, ensuring long-term success and satisfaction for investors and creators.

In summary, TABOO is a cryptocurrency focused on the adult entertainment industry, offering users a new, reward-based way to interact through its unique NFT market and streaming projects.

2. Who founded TABOO?

According to the provided search results, there is no clear information identifying who founded the cryptocurrency TABOO. The results primarily describe TABOO's functions, features, and developments without mentioning its founders. Therefore, a precise answer cannot be provided.

3. Which venture capitals invested in TABOO?

According to the information provided, TABOO raised $10 million at a valuation of $250 million in May 2023, mainly led by former JPMorgan executives. The specific names of the investors were not clearly mentioned in the information provided.

4. How does TABOO work?

How TABOO Cryptocurrency (TABOO) Works:

1. Project Background: The Taboo Token is a cryptocurrency launched in 2020, primarily operating on the BNB Smart Chain (BEP20) platform. It aims to combine the adult entertainment industry with blockchain technology, providing exclusive and high-quality adult content.

2. Core Features:

3. NFT Market: Taboo offers an NFT market where users can buy, sell, and trade adult-themed non-fungible tokens (NFTs). These NFTs serve not only as collectibles but also unlock exclusive platform benefits, including access to VIP events and future utilities such as the Taboo Metaverse and TABOOSPACE.

4. Tiered Access System: Users holding more $TABOO tokens can access higher levels of exclusive content and privileges, including invitations to VIP events and opportunities to meet models.

5. Cross-Chain Protocol: Taboo plans to use Layer 2 solutions to accelerate execution speed and reduce transaction costs. It also aims to target multiple blockchains such as Fantom and Polygon for cross-chain communication and interoperability.

6. User Roles:

7. Buyers: Can purchase adult-themed NFTs on the platform.

8. Models: Can mint NFTs in the form of photographs and monetize them, sometimes collaborating with well-known companies in the industry.

9. Developers: Expand the ecosystem by creating mansion parties for people to meet and interact.

10. Investment Potential: The Taboo Token is regarded as an innovative project with the potential to become one of the most groundbreaking platforms of this bull market. However, investors should assess their risk tolerance and monitor market dynamics to make informed investment decisions.

In conclusion, TABOO cryptocurrency provides a new way to engage with adult content through its unique NFT market and tiered access system, integrating cross-chain protocols and multiple blockchains for faster, lower-cost transactions.