Label Foundation

LABEL Foundation has developed the first-of-its-kind platform featuring a Listen-And-Earn mechanism, TRACKS, for the Web 3.0 music platform ecosystem. It provides an innovative Music-Fi ecosystem that rewards tokens to users based on their music playback time. Users can contribute to revitalizing the Web 3.0 music platform ecosystem by either rewarding musicians with tokens earned while listening to music or spending them within the LABEL platform The LABEL platform builds up an ecosystem that establishes a fair and decentralized incubating system, that purports to provide the content creators in the MOOC industry easier access to the investment, promotion and distribution of their IP rights, hence aims to improve an unfair profit structure that exists in the sphere, striving to prevent copyright infringement cases across the industry.