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LABEL Foundation (LBL) is a music streaming platform that operates on the Web 3 framework. LABEL Foundation introduces a new concept designed for music lovers, allowing users to earn while they listen and create music. Unlike traditional platforms, where you see what you get, the LABEL Foundation ensures that you listen to what you get. Powered by a decentralized ecosystem and powered by blockchain technology, the platform seeks to reconnect with the true value of the music industry and foster strong bonds between listeners and musicians.
TRACKS, the flagship project of the LABEL Foundation, offers users an advanced music streaming experience. By joining the TRACKS ecosystem, participants can earn rewards by listening to music. The platform also provides a space for creators to share their musical creations and earn from their contributions. With its cutting-edge approach, TRACKS aims to revolutionize the music industry by rediscovering and rebuilding its true value. Whether you’re a listener or a musician, TRACKS provides a new world that connects joy and appreciation for music.
In the future, LABEL Foundation has an exciting roadmap. In 2022, a close-beta version of the TRACKS application will be introduced, creating a solid user community and establishing the initial TRACKS world. By 2023, the official launch of TRACKS will take place, further harmonizing the platform with listeners and musicians through a wide range of music offerings. Additionally, TRACKS plans to introduce a headphone rental system as the basis of its journey, ensuring wider accessibility and continued ecosystem growth. Looking ahead to 2024, TRACKS intends to implement a music and musician trade system based on NFTs, unveiling the hidden values of music and musicians through a unique trading platform.
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