Launched on the Ethereum network, the LABEL platform has one of the most original governance and incentive mechanisms in the crypto space. Set out to revolutionize the Massive Open Online Course (MOOC) industry with a blockchain-based entertainment-education platform, it has gathered support from major partners. Per an announcement by the LABEL Foundation, the project has successfully completed a $1.0 million private sale round led by HG Ventures with participation from major institutions and leading venture capital investors in the crypto industry. This includes GBIC, Mindfulness Capital, IOST, M6, Adaptive, Icetea Labs, Alphabit, and Pragma. The partners have come together with LABEL to create an innovative new platform to support an NFT infrastructure entertainment-education platform and take the MOOC industry by storm. As mentioned, LABEL is an Ethereum-based worldwide content incubation platform that seeks to create a fairer and transparent ecosystem for content creators. Via this platform users can access top-tier educational material and self-produced content with multiple features and services. The platform has an NFT Market that allows users to trade with LABEL-generated NFTs. In addition, the platform has a DAO governance model supported by a native governance and utility token named LBL. Implemented to drive the growth of the LABEL ecosystem, LBL also operates as the main component in the voting and NFT shareholding...
