LABEL Foundation Debuts on Top Digital Asset Exchange in South Korea
- Written by Newsfile
Tortola, British Virgin Islands--(Newsfile Corp. - February 24, 2022) - LABEL Foundation[1] recently gained authorization from one of South Korea's main exchanges and a listing position with KRW (South Korean currency), the advancement has immediately followed after Clesson (the parent company) garnered equity capital from two significant investment firms with a strong presence in the local market. The aforementioned exchange was revealed as Coinone[2].
LABEL Foundation
To view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/8568/114720_716eebd3341e7835_001full.jpg[3]
Moreover, LABEL Foundation has repeatedly demonstrated high-level traction and continued progress with the release of its OPENTRACK[4] content platform's second iteration and the formation of partnerships with industry heavyweights.
LABEL's schedule to continue despite lingering regulatory surveillance
LABEL will soldier on and continue to operate according to its schedule and roadmap[5] for 2022, which will include certain features such as IPFS for NFT asset storage, an alpha version of the wallet system and the NFT create and smart contract features along with the beta test for the incubating system, and much more.
Additionally, with the launch of their NFT infrastructure and marketplace, LABEL will commence the inflow of protected IP rights, which will then be "NFTized" and provided to customers through the platform's respective incubation system.
About LABEL
LABEL is a blockchain-oriented NFT platform which promotes music as well as entertainment by providing customers with a variety of easy to use investment instruments and equitable income sharing along with a wide range of reliable marketing techniques. LABEL strives to be an unmatched NFT infrastructure that is built through the utilization of the Ethereum Network and powered by the LBL[6] governance and utility token, with the main objective of building an unbiased profit-sharing economy with permissionless IP rights incorporation.
Ultimately, LABEL wants to get rid of the numerous impediments which have plagued the contemporary entertainment industry. This is primarily because numerous artists currently have to deal with intermediation charges on a frequent basis, and they typically only receive a very small portion of the overall income (about 15%).
LABEL wishes to fix this issue to the greatest extent feasible by disrupting industry standards and eradicating the need for such intermediate procedures as well as third-party involvement and, as a consequence, giving control of the process back to artists and content providers.
For additional information and regular updates, visit LABEL's official website and check out their Telegram[7], Facebook[8] and Twitter[9] channels.
CSO name: Hyungsoon ChoiEmail: official@label.foundation[10]Website: https://label.foundation/[11]Company: Clasium Globlal Ltd. Country: British Virgin Islands Address: Charles Court, 1st Floor, 189 Main Street, P.O. Box 4406, Tortola VG1110, British Virgin Islands
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/114720[12]
References
- ^ LABEL Foundation (www.newsfilecorp.com)
- ^ Coinone (www.newsfilecorp.com)
- ^ https://orders.newsfilecorp.com/files/8568/114720_716eebd3341e7835_001full.jpg (orders.newsfilecorp.com)
- ^ OPENTRACK (www.newsfilecorp.com)
- ^ roadmap (www.newsfilecorp.com)
- ^ LBL (www.newsfilecorp.com)
- ^ Telegram (www.newsfilecorp.com)
- ^ Facebook (www.newsfilecorp.com)
- ^ Twitter (www.newsfilecorp.com)
- ^ official@label.foundation (www.newsfilecorp.com)
- ^ https://label.foundation/ (www.newsfilecorp.com)
- ^ https://www.newsfilecorp.com/release/114720 (www.newsfilecorp.com)