The LabelsCoin[LBSC] ICO

LabelsCoin™ – The Blockchain of Music Copyrights

The blockchain of music copyrights. 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.

About LabelsCoin

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.

LabelsCoin Establishment’s vision and future business model and strategy are made up of three components: a digital currency, 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.

THE BLOCKCHAIN OF MUSIC COPYRIGHTS

REAL TIME settlement of royalties based on usage

FLEXIBILITY of contract characteristics

SECURE since a copyright contract cannot be altered

GLOBALLY available

THE COMPANY

LabelsCoin is a project initiated by the Lichtenstein registered company LabelsCoin Establishment (Anstalt, FL-0002.585.337-7; Kirchstrasse 39, Vaduz, FL, Labelscoin.io).The company founder is Serena Spada (Ceo & Founder, inventor and head CTO), surrounded by her team composed of Gregory Krieger (CCO) and Sébastien Metthez (CTO).

It provides next-generation royalties management services powered by our blockchain technology. We are focused on our mission to make the music industry fair and transparent to everyone.

SOLUTION

The blockchain based engine would provide the following benefits to the all stakeholders involved in the music value chain.

Immutability: once created, the copyright blockchain representation cannot be deleted yet ownership can be transmitted

Transparency: owners and fees are transparent

Automation: a copyrighted item can be checked manually or integrated into the automation process and it provides a real time payment on royalties

FEATURES

Pay for what you use

Plan ahead your usage

Know where your payment goes

Integrate with external tools such as automatic speech recognition

Create new copyrighted songs

Owner management Royalty redistribution under control

Analytics about your song

Fair payment policy across all channels

Handle litigation and verify compliance

View statistics

Transparently collect fees directly and at minimum cost

LABELSCOIN WALLET

LABELSCOIN will enable transfer of Tokens via the LABELSCOIN Wallet. Every platform user can choose between different blockchain assets as a source of payment within the LABELSCOIN Wallet. Further, the user can conveniently convert a wide range of blockchain assets such as Bitcoin (BTC), Ethereum (ETH), from one to another by simply using his personal LABELSCOIN Wallet. LABELSCOIN application facilitates the storage of the easy management of royalties portfolios, simple transfers of funds between peers, and a multitude of other functionalities.

The LABELSCOIN Wallet plays a central role in the LABELSCOIN ecosystem. It serves as a secure wallet (cold storage) 3 for its users which allows to deposit and exchange cryptocurrencies as well as a solution to pay for music royalties. Moreover, the wallet will be connected to the leading crypto-exchanges.

ICO DETAILS

General information

Token: Lbsc

Platform: Ethereum

Standard: ERC20

Quantity: 30’000’000 LBSC

Price: 1 LBSC = 0.0001515 BTC

Payment: BTC, ETH

KYC: There is

PREICO

Quantity: 5’500’000 LBSC

Start: 07.09.2018

Completion: 10/07/2018

ICO

Quantity: 20’000’000 LBSC

Start: 10/31/2018

Completion: 12/31/2018

Accepted nationalities

Every nationality except: United States or Singapore, People’s Republic of China, or

residents of a country where American embargoes and sanctions are in forces, namely Iran, North Korea, Syria, Sudan or Cuba. More information in our Terms of Token Sale

DISTRIBUTION OF TOKENS

Our The majority of the tokens will be offered during the pre-sale and the main sale. The remaining tokens will be distributed among advisors, the team and bounties. The following graphic shows the planed distribution of the tokens.

74% Distributed to Community

13% Reserve

10% Founder and Team

2% Advisors

1% Bounty campaign

MAIN SALE FUNDS RAISED WILL BE USED AS FOLLOWS

We care of you. We are well-aware that such innovative technology, needs of energy and financial ressources to implement it into the market. Every aspect whether it is in R&D or in marketing is studied carefully to reach our common goal.

55% Device production and IT infrastructure

20% Marketing – User acquisition

20% Research and developpement

10% Salaries and wages

5% Security and audit

HOW IT ALL STARTED

November 2017

End of market research, white paper 0.1 version, legal advice, build a team.

March 2018

LabelsCoin website and LBSC token creation, update white paper 0.2.

April 2018

Patent the device and first meeting with Financial Market Authority of Liechtenstein, update white paper 0.3.

June 2018

Genesis of LabelsCoin blockchain: genesis block creation, update white paper 0.4.

June 2018

Development of LabelsCoin blockchain, meet up conference Montreux Palace (Switzerland) press conference in Venafro, Italy.

July 2018

Legal advice of LBSC token, LabelsCoin officially International Trademark.

August 2018

Second meeting with Financial Market Authority of Liechtenstein, incorporation of KYC in our website, development of blockchain, meet up with Swiss Cyber Security in Geneva, Switzerland.

September 2018

PRE-ICO: 33.4% of the token will be on pre-sale to determine the price of the ICO.

November 2018

INITIAL COIN OFFERING, the 40% of tokens will be distributed.

December 2018

Ongoing ICO.

January 2019

Finalization of the blockchain services.

February 2019

Device production.

June 2019

Go-live with blockchain services – Marketing campaign.