LABEL Foundation Price Chart (LBL)

LABEL Foundation (Symbol: LBL) is an Ethereum-based utility and governance token that can be used in a variety of ways to drive the growth of the LABEL ecosystem. LABEL is a blockchain-based, NFT, copyright fee sharing platform that introduces an incubation system that supports investment, distribution, and promotion processes to break down high barriers to existing content production and investment and dismantles the current unfair profit distribution structure. LABEL’s core function is to provide high-quality, educational content. LABEL provides both self-produced content and content created through partnerships with other educational platforms. The wide variety of content available on LABEL is classified into two categories of free or paid content both available through subscription services. LABEL introduces a DAO (Decentralized Autonomous Organization), which is going to become the main governance voting system on the LABEL platform. Holders that stake their LBL tokens may vote for or against various proposed changes to the LABEL ecosystem. LBL token holders can stake their tokens to receive staking rewards from DAO Funds or to participate in major governance voting processes. Special offers, promotions, and bonus opportunities will also be offered exclusively to LBL token holders. The $LBL Token is primarily used to build the basic token economy on the LABEL platform by serving as a payment, staking, and governance unit.