LABEL has developed the world's first platform that includes a Listen-And-Earn mechanism, TRACKS, for the Web 3.0 music platform ecosystem. It provides an innovative Music-Fi ecosystem that rewards tokens to users according to their music playback time. Users will contribute to revitalizing the Web 3.0 music platform ecosystem by giving tokens rewarded while listening to music to musicians or spending them within the LABEL platform. In addition, the Web 3.0 music platform will be expanded so that users can contribute to the ecosystem and receive rewards for various roles such as music distribution, IP investment, and musician incubation.
