Label is a distinctive NFT infrastructure on top of the Ethereum Network, supported by the LBL utility and governance token. Its goal is to create a fair profit-sharing environment, using permissionless integration of IP rights. LABEL also offers a decentralized P2P incubating platform where users can fund world-class entertainment and education content via a DAO voting process, enabling contributors to receive profit claims through an NFT shareholding model.

ERC-20/BEP-20 Token

The $LBL token functions as both a utility and governance asset. It focuses on supporting growth across the LABEL platform, acting as a core unit for accessing platform functions and for giving stakeholders more decision-making power and control over the decentralized system.

$LBL Token provides these main use-cases: payment, staking, governance.

Transactions on the Label Platform include certain % fees, which are pooled into DAO Funds. LBL holders who stake their LBL tokens can then access and claim the collected fees from the pool.

NFT Item (ERC-721)

Rare, one-of-a-kind items-such as an artist’s equipment-can be auctioned at the same time as its associated digital IP, which is recorded in ERC-721. In addition, limited-edition albums can be digitized and turned into NFTs for sale on the NFT Marketplace.

Copyright & IP (ERC-1155)

To onboard content into the incubating system, the creator registers the course. If token holders (voters who have staked their $LBL within the DAO) decide to process and invest in it, the IP is registered in ERC-1155 so NFT equity can be allocated to each contributor.