LABEL AI LBL Price $ 0.00304

Label is an unparalleled NFT infrastructure built on top of Ethereum Network, powered by LBL utility and governance token to establish fair profit sharing ecosystem with the permissionless integration of IP rights. LABEL provides decentralized P2P incubating platform to invest in the world class entertainment education content through the DAO voting system to further allow contributors to claim profits through the NFT shareholding mechanism.

ERC-20/BEP-20 Token

The $LBL is utility and governance token that is primarily oriented to drive the growth on the LABEL platform, and is a critical unit to integrate all its features and to provide increasing levels of decision-making ability and control over the decentralized platform to the stakeholders.

$LBL Token presents the following major use-cases: payment, staking, governance.

All transactions in the Label Platform charge certain % fees that are collected in the DAO Funds, the LBL holders that stake their LBL tokens will access and claim the collected fees in the pool.

NFT Item (ERC-721)

Rare and unique items, such as the artist’s equipment to be auctioned simultaneously with its digital IP registered in ERC-721. Moreover, the limited-edition albums can be digitized and NFTized to sell in the NFT Marketplace.

Copyright & IP (ERC-1155)

The content creator has to register the course in the incubating system, if the token holders (voters, that have staked their $LBL tokens in the DAO) process and invest in it, the IP gets registered in the ERC-1155 in order to allocate the NFT equity to each contributor.