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LABEL is a unique NFT infrastructure on the Ethereum Network, powered by the LBL utility and governance token. It aims to establish a fair profit-sharing ecosystem by integrating IP rights. Through the decentralized P2P incubating platform, contributors can invest in world-class entertainment-education content and claim profits through the NFT shareholding mechanism. The goal of LABEL is to return the true value to creators of digital education content and provide a space for creators, inventors, consumers, and distribution platforms to coexist within a single ecosystem.
The $LBL token is an Ethereum-based utility and governance token that drives growth on the LABEL platform. It enables stakeholders to have decision-making ability and control over the decentralized platform. LBL holders can earn additional rewards by staking their LBLs in the DAO and participate in major governance voting processes. The LBL token serves as a payment, staking, and governance unit to build a robust token economy on the LABEL platform.
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What is LABEL and how does it aim to establish a fair profit-sharing ecosystem?
LABEL is an NFT infrastructure built on top of the Ethereum Network. It is powered by the LBL utility and governance token, with the goal of establishing a fair profit-sharing ecosystem through the permissionless integration of IP rights. The platform provides a decentralized P2P incubating platform for investing in global entertainment-education content. This is done through the DAO voting system, which allows contributors to claim profits through the NFT shareholding mechanism. LABEL aims to establish a fair and decentralized incubating system, providing content creators in the MOOC industry with easier access to investment, promotion, and distribution of their IP rights. The platform strives to improve the existing unfair profit structure and prevent copyright infringement cases across the industry.
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