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WebsiteRed Kite LaunchpadNFTb Launchpad

Label (LBL)

IDO

LABEL is a blockchain-based entertainment-related copyright protection platform.

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Overview

Project industryArt & Music
Product typePlatform
FoundedKorea, Republic of
WhitepaperLabel White Paper Open

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.

Details

IDO (Red Kite Launchpad): Dec 17, 2021 - Dec 17, 2021
IDO (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

Legal

Blockchain Platform: Ethereum
Country limitations: United States of America, China, Hong Kong, DR Congo, Iran, Myanmar, Sudan, Iraq, Ivory Coast, North Korea, Syria, Zimbabwe, Cuba, Belarus, Liberia.

Token info

Ticker: LBL
Type: 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

1
2020 Q3
  • LABEL Idea & Business Feasibility Verification Phase
  • TEAM Building
  • Whitepaper 1.0 Ver. Release
2
2020 Q4
  • Architecture Configuration and Design
  • OPENTRACK Platform UI/UX Design
  • OPENTRACK CP Partner Recruitment
3
2021 Q1
  • OPENTRACK Beta Version Launch
  • Design of a multilateral Settlement Contract Structure according to the Stake in Production Beneficiary Rights.
4
2021 Q2
  • OPENTRACK 1.0 Launch
5
2021 Q3
  • 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
6
2021 Q4
  • OPENTRACK 2.0 Launch (LMS System Update and etc)
  • Label Wallet Development
7
2022 Q1
  • Label Wallet Application in OPENTRACK
  • Label Reward System Application
8
2022 Q2
  • NFT Transaction System Design
  • NFT CP Partner Recruitment
9
2022 Q3
  • NFT Transaction Structure Development and Side-Chain System Construction
  • NFT Exchange System design
10
2022 Q4
  • NFT Exchange System Beta-Test
11
2023 Q1
  • Launching the 1.0 NFT Exchange System in Open Incubating

Project team

Steven Douglas Pruitt
Steven Douglas Pruitt
CEO
Steven Douglas Pruitt linkedin
Hyungjun Kim
Hyungjun Kim
COO
Hyungjun Kim linkedin
Hyungsoon Choi
Hyungsoon Choi
CSO
Hyungsoon Choi linkedin
JIN, Yun
JIN, Yun
CTO
Taewhan Lee
Taewhan Lee
Marketing Director
Kyung-Cheol Lee
Kyung-Cheol Lee
Operation manager
Seongmin, Jung
Seongmin, Jung
Program Director

Advisors

Dongjin Shin
Dongjin Shin
Advisor
KwanWoo Ko
KwanWoo Ko
Global Finance Advisor
Junbum Shin
Junbum Shin
Global Strategic Advisor
Janny Lee
Janny Lee
Global Marketing Advisor

Social media

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