LabelsCoin is a single-source copyright exchange platform based on blockchain technology with associated suite of services. Combined, these facilitate the transparency of copyrights and the exchange of associated royalties – allowing for a fair and transparent retribution to creators of music.
LabelsCoin blockchain is built on top of a copyright matching engine that will verify the status of a music against it license model, infringement, plagiarisms, redistribution rights and means.
A universal Coin: the LABELSCOIN, LBSC is the fuels that will power all services that LABELS blockchain provides. We are already in talks with Copyright Collection Societies, Artists, Labels, physical and digital venues to make LBSC the preferred Coin for their upcoming music services, as they migrate to decentralized platforms. We envision LBSC will be used by the upcoming Music industry for various purposes including payment to authors, automatic audience monitoring etc. In order to protect our contributors we patented an industrial device. This device is currently under production and it will be available on the market within 2019. For further information, please contact us at [email protected]
LabelsCoin Establishment’s vision and future business model and strategy are made up of three components: (i) a digital currency, (ii) an online music recognition system providing real time royalties to music stakeholders and (iii) a patented industrial device.
The end goal: LabelsCoin is building a solid, global music utility – an advanced blockchain the entire Music industry will use to create advantage, where all stakeholders can participate in a transparent and fair way.
LabelsCoin blockchain will become a complete ecosystem for the music industry.