LABEL Foundation’s Parent Company Clesson Receives $2 Million in Equity Funding To Lead Web 3.0 Content Industry

Clesson, the operating company of blockchain-based NFT and copyright fee-sharing platform LABEL Foundation, has raised $2 million in equity to further its Web3 mission. It was part of a strategic investment round from eBest Investments and Groom Investment. These two firms have poured money into the leading MOOC and music NFT platform to push it to the forefront of the content industry in the Web3 era. As Web3 has continued to grow and evolve, so, too, do the platforms that exist in this space. With the funding, LABEL Foundation will be able to enhance the platform and bring over new intellectual property (IP) holders, as well as finance all development-related expenses that arise with time. LABEL Foundation, a South Korean NFT infrastructure, is operated by the founders of the music learning platform, OPENTRACK. Through this, they are revolutionizing the content industry by attracting world-class talent through its incubation system and well-known IPs to their platform. It operates a fair profit-sharing system created through effective system integration. OPENTRACK is a MOOC-style music platform that allows students to learn at their own pace. OPENTRACK 2.0 was recently announced with improved interoperability with the LABEL dApp. The new version makes the transition of IP rights an easier, smoother, and more transparent process. World-class artists have already begun moving their IP rights to the OPENTRACK platform. Aaron Sp...