Overview
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What is Label
LABEL is an unparalleled NFT infrastructure built on top of Ethereum Network, powered by LBL utility and governance token with a unified goal to establish a fair profit-sharing ecosystem with the permissionless integration of IP rights. LABEL provides a decentralized P2P incubating platform to invest in world-class entertainment-education content through the DAO voting system to further allow contributors to claim profits through the NFT shareholding mechanism.
The LABEL platform builds up an ecosystem that establishes a fair and decentralized incubating system, that purports to provide the content creators in the MOOC industry easier access to the investment, promotion and distribution of their IP rights, hence aims to improve an unfair profit structure that exists in the sphere, striving to prevent copyright infringement cases across the industry.
DetailsIDO (Red Kite Launchpad): Dec 17, 2021 - Dec 17, 2021IDO (NFTb Launchpad): Dec 16, 2021 - Dec 16, 2021 Token supply: 3,000,000,000 LBL Total tokens for sale: 600,000,000 LBL Raised: 1,000,000 USDT LegalBlockchain Platform: EthereumCountry limitations: United States of America, China, Hong Kong, DR Congo, Iran, Myanmar, Sudan, Iraq, Ivory Coast, North Korea, Syria, Zimbabwe, Cuba, Belarus, Liberia. | Token infoTicker: LBLType: Utility-token Token standard: ERC20 Token price in USD: 1 LBL = 0.003 BUSD Token distribution: Team - 5% Advisor - 3% Marketing - 25% Development - 25% Sales - 20% Ecosystem - 15% Reserve - 7% |
Label Roadmap
- LABEL Idea & Business Feasibility Verification Phase
- TEAM Building
- Whitepaper 1.0 Ver. Release
- Architecture Configuration and Design
- OPENTRACK Platform UI/UX Design
- OPENTRACK CP Partner Recruitment
- OPENTRACK Beta Version Launch
- Design of a multilateral Settlement Contract Structure according to the Stake in Production Beneficiary Rights.
- OPENTRACK 1.0 Launch
- The beginning of application and operation of the multilateral settlement contract structure according to the stake in the production beneficiary rights in the OPENTRACK Platform
- Private Round Token Sale
- OPENTRACK 2.0 Launch (LMS System Update and etc)
- Label Wallet Development
- Label Wallet Application in OPENTRACK
- Label Reward System Application
- NFT Transaction System Design
- NFT CP Partner Recruitment
- NFT Transaction Structure Development and Side-Chain System Construction
- NFT Exchange System design
- NFT Exchange System Beta-Test
- Launching the 1.0 NFT Exchange System in Open Incubating