LABEL is an unparalleled NFT infrastructure built on top of Ethereum Network, powered by LBL utility and governance token to establish a fair profit-sharing ecosystem with the permissionless integration of IP rights. LABEL provides a 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. The LABEL aims to return the true value back to the creators of digital education content and creates a space
for creators, inventors, consumers, and distribution platforms to gather and coexist within the single ecosystem.
The $LBL is an Ethereum-based 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 Holders are entitled to the additional rewards, provided they engage in staking their LBLs in the DAO, which also enables the holders to participate in the major governance voting processes. LBL Token is primarily utilized to build the robust token economy in the LABEL Platform by serving as a payment, staking, and governance unit.