LABEL Foundation Secures 7 Digit Investment From DWF Labs

PRESS RELEASE. As per the latest news, LABEL Foundation, a Korean-based enactment dedicated to revolutionizing the euphony manufacture done the powerfulness of blockchain technology, has secured a large concern successful the task circular backing from DWF Labs, the multi-stage Web 3.0 concern firm. DWF Labs, that has precocious been labeled arsenic a top crypto capitalist by Coindesk, has injected $1 cardinal successful LABEL’s ecosystem to foster the improvement of their pioneering Dapp TRACKS and to grow their idiosyncratic basal by bringing innovative solutions to the market.

Over the years, LABEL Foundation has raised 2 palmy concern rounds, that has been led by accepted concern firms, eBest Investment & Securities and Groom Investments, that has enabled them to motorboat their innovative Listen-and-Earn TRACKS dApp, which has precocious seen a palmy Closed-Beta-Test completion, tested by thousands of their users. LABEL believes that this revolutionary exertion has tremendous prospects not conscionable for artists but besides listeners who privation to lend to the gross travel of euphony and assistance marque this assemblage much profitable. Now, that determination is DWF Labs connected their board, LABEL continues the travel with the assistance of their strategical spouse and investor, who shares the former’s imaginativeness of a much accessible and decentralized euphony manufacture for everyone, whether it beryllium artists oregon fans.

DWF Labs Managing Partner Andrei Grachev conveyed his enthusiasm for LABEL Foundation’s quest to beforehand innovation successful the euphony business, stating “Their Listen-and-Earn TRACKS dApp is an breathtaking accidental that has the imaginable to alteration the mode euphony is created, shared, and monetized”. LABEL Foundation CSO Hyungsoon Choi besides stated, that for them, this concern is not conscionable astir expanding their idiosyncratic basal oregon bringing innovative solutions to the market, it’s possibly astir getting person to creating a much equitable profit-sharing system that includes permissionless IP rights application, monetization of euphony rights, and nonstop enactment betwixt fans and artists.

As the euphony manufacture continues to grapple with issues related to gross and distribution, LABEL Foundation is starring the complaint towards a much accessible and decentralized aboriginal for music. Stay tuned for further updates and developments from this groundbreaking organization.

About DWF Labs

DWF Labs is the multi-stage Web 3.0 concern firm.The concern steadfast is an affiliate of Digital Wave Finance (DWF) which has consistently maintained its presumption among the apical 5 trading entities by measurement successful the crypto abstraction acknowledgment to its proprietary exertion for precocious frequence trading. It has offices successful Singapore, Switzerland, the UAE, Hong Kong, South Korea, and adjacent the British Virgin Islands.

About LABEL Foundation

LABEL Foundation tin beryllium described arsenic a level which acts arsenic a breeding crushed for caller solutions successful the euphony industry. With the encompassing nonsubjective to make an equitable profit-sharing system that includes permissionless IP rights application, monetization of euphony rights and nonstop enactment of fans with the artists.

This is simply a property release. Readers should bash their ain owed diligence earlier taking immoderate actions related to the promoted institution oregon immoderate of its affiliates oregon services. Bitcoin.com is not responsible, straight oregon indirectly, for immoderate harm oregon nonaccomplishment caused oregon alleged to beryllium caused by oregon successful transportation with the usage of oregon reliance connected immoderate content, goods oregon services mentioned successful the property release.

Image Credits: Shutterstock, Pixabay, Wiki Commons