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.The LABEL team focuses on incubating the prospective IP holders in the E&M (Entertainment & Media) sector, where technology and trends change rapidly. Establishing ourselves in the E&M sector provides many advantages for entering the global market and the application of the blockchain technology allows us to provide the most vibrant ecosystem for the creators, investors and consumers. The core partner, that will be supplying the initial set of world-class IP holders from the E&M field is Clesson Co., Ltd., which happens to be the key partner of the LABEL team. Clesson is South Korea's leading music education company and has about 200 professional instructors working with them in Korea. It also operates OPENTRACK, a global MOOC service in the E&M sector in which artists and producers from various countries, including Germany, Canada, Japan, Korea, and Australia participate as partners. In addition, the LABEL team recruits talented copyright management personnel from famous distributors and entertainment production companies to work together.

What is LABEL Foundation?