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.

The $LBL Token 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. 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.