Tabi, who has been struggling with childbirth for many years, is finally about to welcome TGE. The first time I found out about this project was three years ago when they were still working on an NFT trading platform on BSC. When they invested in them last year, they had already transformed into a game chain. Starting this year, they have also transformed into a consumer payment chain. This is indeed an unavoidable thing in the cryptocurrency industry. The narrative track is constantly changing, and hot topics may end before they even start doing business. I have talked about projects that keep changing direction in the cryptocurrency industry before, but in fact, they may be more serious because there are many projects that are too lazy to change direction and find business to ride on hot topics. After issuing coins, they will end. However, it is also difficult for them to be accompanied. Long distance running for so long. After changing directions three times, the payment track was still a good choice, as it is one of the few practical businesses in the cryptocurrency industry. Currently, Tabi is the main set of payment facilities in the payment chain, and at the top level, TabiPay is aimed at users. The user experience is similar to other U-cards, but it is integrated with the Tiktok ecosystem. You can directly log in with your Tiktok account and enter someone else's Tiktok username inside to transfer money and give rewards. TabiPay also has QR code payment function. As Tiktok has a very large user base in Southeast Asia, it has gradually connected with many local online and offline merchants. For example, in Vietnam, it has partnered with two MCN institutions, Viral Works and Yeah1 Network, to establish a cryptocurrency reward system for its broadcasters. Currently, the commission rate of various mainstream live streaming platforms is at least 30%. Therefore, if TikTok can use cryptocurrency to bypass platform commissions, this attraction is very great for broadcasters. In terms of technology, it also specifically focuses on payment scenarios and has developed features such as buy before pay and targeted programmable payments for its own public chain. Because the Tabi project has gone through 5 years since 2021 and has undergone multiple transformations, the accumulated financing amount during this period is also considerable. The official announcement shows that a total of 36 million US dollars has been raised, including institutions such as YZi Labs, HashKey, Animoca, etc., and nodes worth 20 million US dollars have also been sold. There is a lot of money in the project's account. Let's see the performance after this TGE Please note that as an investor, I have a vested interest in Tabi, and this tweet cannot fully guarantee objectivity.