P2P incubating platform LABEL Foundation received a $1 million in investment from DWF Labs. The investment will be used to boost LABEL Foundation's DApp TRACKS and expand its user base by introducing innovative solutions to the market.
LABEL Foundation is a P2P incubating platform built on Ethereum and BNB Chain. It provides E&M (Entertainment & Media) content creators with NFT infrastructures which helps them to monetize their IP rights.
Previously, LABEL Foundation has raised two rounds of investment, led by traditional investment firms eBest Investment & Securities and Groom Investments.
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