LABEL FOUNDATION

label-foundation-logo

LABEL is a blockchain-based education content incubation integration service. LABEL induces high-quality education content through the education content incubation system and creates a digital space for content creators, investors, distributors, and consumers to coexist in a total decentralized ecosystem, by utilizing transparent settlement systems on the basis of smart contracts. LABEL team builds up an ecosystem that establishes an incubating system, that will purport to provide an easier acc... ess to investment / promotion / distribution and improve an unfair profit structure that exists in the current sphere, striving to prevent copyright infringement cases across the industry. The pillars that will be developed inside of the LABEL Value Chain ecosystem are as following: Incubating System The core idea behind the “Incubating System” is that anyone can register their digital course related to the career or job training and education inside of the LABEL. For the course to be eligible for the listing on the platform, it has to go through the voting system, where the votes are governed by the users and the selection process is carried out according to their votes. Once the selection process is over, the selected course will be provided with the investments in LBL tokens, that are contributed by either partner sales platforms, consumers or individual investors. Settlement System through the usage of NFT and Smart Contracts The courses, that have successfully received investments, will be registered as an NFT standard, which will clearly illustrate the share ratio of the ownership according to the contributions of instructors, voters and investors. The information on sales revenue from partner platforms will be released on the NFT Page, and the revenue generated by the course will be accurately distributed based on the NFT Equity Ratio that is registered in the Smart Contract. NFT Market The Course Creator, as well as the voters and inventors that have participated in the incubating process, including the selling platform itself and publicist can sell or trade their NFT share ratio in the NFT Market. The presence of the NFT Market enables the NFT owners to quickly liquidate their position and recover some of their expected future profit, whereas buyers can keep getting their stable profit slices continuously.

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LABEL FOUNDATION

Social Links:

Industry:
Blockchain Education Media And Entertainment

Founded:
2020-12-22

Address:
Seoul, Seoul-t'ukpyolsi, South Korea

Country:
South Korea

Website Url:
http://www.label.foundation

Total Employee:
11+

Status:
Active

Email Addresses:
[email protected]

Total Funding:
3 M USD

Technology used in webpage:
SPF Nginx Google Apps For Business Sectigo SSL Sectigo Domain SSL Korea Telecom Cafe24 DNS


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Current Employees Featured

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Hyung Soon Choi
Hyung Soon Choi Chief Strategy Officer (CSO) @ Label Foundation
Chief Strategy Officer (CSO)

steven-douglas-pruitt_image

Steven Douglas Pruitt
Steven Douglas Pruitt CEO & Founder @ Label Foundation
CEO & Founder
2019-09-01

hyungjun-kim_image

Hyungjun Kim
Hyungjun Kim Chief Operating Officer @ Label Foundation
Chief Operating Officer
2020-06-01

Founder


steven-douglas-pruitt_image

Steven Douglas Pruitt

Investors List

groom-investment_image

Groom Investment

Groom Investment investment in Seed Round - Label Foundation

ebest-33b0_image

eBEST

eBEST investment in Seed Round - Label Foundation

alphabit-fund_image

Alphabit Fund

Alphabit Fund investment in Seed Round - Label Foundation

israel-tech-trust_image

M6 Ventures

M6 Ventures investment in Seed Round - Label Foundation

gbic_image

GBIC

GBIC investment in Seed Round - Label Foundation

icetea-io_image

Icetea.io

Icetea.io investment in Seed Round - Label Foundation

iost-foundation_image

IOST Foundation

IOST Foundation investment in Seed Round - Label Foundation

hg-ventures-5797_image

HG Ventures

HG Ventures investment in Seed Round - Label Foundation

mindfulness-capital-3e03_image

Mindfulness Capital

Mindfulness Capital investment in Seed Round - Label Foundation

Official Site Inspections

http://www.label.foundation

  • Host name: ec2-43-203-2-173.ap-northeast-2.compute.amazonaws.com
  • IP address: 43.203.2.173
  • Location: Japan
  • Latitude: 35.69
  • Longitude: 139.69
  • Timezone: Asia/Tokyo

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