What is LABEL Foundation?
LBL is an ERC-20 token that serves as the payment and governance token for activities within the Label platform. Holders can pay for educational content listed on Label Foundation distribution platforms and receive discounts on their purchases.
LBL tokens also grant holders voting rights on new proposals and activities within its ecosystem. It is also used for the vital process of verifying new content that is eligible for funding. The token is also used as reward incentive for stakers.