How The LABEL Foundation NFTs Infrastructure Will Lead The Entertainment Indu...
For far too long big corporations have dominated the entertainment industry by keeping total control over consumers and content creators. Blockchain, the technology that powers cryptocurrencies, and NFTs have opened a door to turn that model upside down and place power on fans and artists. This transformation process is at an early stage but could be a great leap forward in 2022 as content creators from all over the world begin to take note of NFTs and their potential to connect them with their audiences. These digital assets let fans live new experiences and provide artists with a direct....
Related News
Blockchain-based content incubation platform LABEL will take another step into fulfilling its vision. The LABEL Foundation announced that it has raised $1.0 million in a private sales round to fund an NFT ecosystem and support entertainment-education infrastructure to disrupt the Massive Open Online Course (MOOC) sector. Creating a platform that uses blockchain technology to support […]
PRESS RELEASE. Clesson, the operating company behind OPENTRACK and LABEL Foundation, has officially established a memorandum of understanding (MoU) with CJ Entertainment & Media. The new collaboration has the potential to benefit both parties involved as CJ Entertainment & Media is essentially an entertainment and mass media organization founded by the CJ Group, which is among South Korea’s major conglomerate corporations. What is there to know? Joining Clesson is Hen, the composer of the Netflix serial ‘My Liberation Notes’. Hen is from O’PEN CJ Entertainment &....
Clesson, the parent company of LABEL Foundation, has raised $2 million in equity financing to help further the project. According to the company, it will use this funding to further enhance the LABEL Foundation brand and put it in the lead in the Web3 content industry, a booming and fast-growing content ecosystem. LABEL Foundation will […]
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,....
PRESS RELEASE. As the first month of 2022 draws to a close, many would agree that NFTs became a brand new way of ownership of an asset on the internet space. As groundbreaking a year for NFTs as 2021 was however, it does beg the question as to what the future of this sector will be like, specifically regarding the music & entertainment sector. The year 2022 is promising us to be the year of the content creators/artists/musicians, with control over the masterpieces never going to middlemen without the original creators’ permission. Thanks to the unique features of Non-Fungible....