SyifaQhollby98: LabStart - The New Way To Invest In Innovation

Website - https://labstart.tech/

What is LabsCoin

LabsCoin is the ERC20 token used on the Ethereum blockchain. This is the currency used to invest in innovation projects presented on the LabStart platform. Everyone can use LabCoins to invest and will also be able to exchange it on the exchange after the ICO expires.

The world of the future builds on the innovation projects made today Today, innovation is the core of our society. Some of the major community challenges such as ecology, population density, or other decentralization are attracting the capacity of our communities to find innovative solutions that will help solve this problem. But it is very difficult for a person to be directly involved in an innovative project. Considering the importance of the innovative impact on our lives now and in the future, we think that everyone should have the opportunity to engage in this process, and at every level of responsibility.

To open up an innovative ecosystem for everyone, LabStart intends to use various crowdfunding models by incorporating the patent concept. Once the innovation project is completed and the technology or product itself is developed, each investor will hold a share of the patent. Sharing ownership of the patents and tracking of innovative processes is done thanks to blockchain technology and smart contracts, through the LabStart platform.

LabStart Official Video :

https://youtu.be/ZjwG_b8MEaI

anyone can invest in intellectual property, from around the world. intermediaries, the profits derived from the sale of patents are shared between each investor based on their initial investment in research & patent proprietary rights will now be available to everyone and not just a global company. Investments & Property Inventions are secured through blockchain technology and smart contracts.

Transparency is the key to success in blockchain projects. Our decentralized app is open source, ensuring quality & reliability. Revolutionizing the investment ecosystem of research by linking investors to researchers thanks to blockchain & smart contracts. All research projects are verified by our team of experts & patent lawyers.

LabStart platform

The LabStart platform is a decentralized ( dApp ) application built on the Ethereum network that provides links between innovative project carriers and investors. So anyone can support the innovative projects present in the platform.

After innovation has been developed, one or more patents are submitted, to protect the invention. Every investor has a share of patents filed, in proportion to their initial investment.

Invest using LabCoins

To make investing in innovative projects easier, LabStart has developed its own token : LabCoin. Aside from being independent of changes in fiat currency rates like dollars, LabCoin enables easier interaction with smart contracts, considering it is an ERC20 token.

LabStart intends to follow up as described in the white paper. However, it is impossible to predict the future, and changes in business strategy, regulatory environment, technology, and other unforeseen circumstances may lead to deviations from the plan outlined. LabStart intends to faithfully follow up the execution of a business plan but retain the right to deviate from the white book it takes to succeed.

Toke parameters

Token Role : The token / currency utility on the platform
Token Name : LabCoin
Token Abbreviation : LAB
Emission Level : No new coins will be created
Token Network : Ethereum ( extended ERC20 )
Max Supply ( Hard Cap ) : 42,000,000

Sales Token

ALL UNSOLD TOKENS WILL BE BURNT

Pre public sale Beginning : March 25, 2018 00:00:00 UTC
Expires : April 25, 2018 23:59:59 UTC or if hard cap is reached
Token Price : 1 ETH = 500 LAB
Minimum Transaction : 0.1 ETH
Hard Cap : 8,400,000 LAB
Distribution : Pre-sale of LabCoins smart contract transfers directly after receiving ETH

ICO

Started : May 24, 2018 00:00:00 UTC
Expires : June 23, 2018 23:59:59 UTC or if hard cap is reached
Stage Token Price 1 ( first 15 days ) : 1 ETH = 400 LAB
Stage Token Price 2 ( last 15 days ) : 1 ETH = 300 LAB
Minimum Transaction : 0.1 ETH
Hard Cap : 24,450,000 LAB
Minimum Goal : 1000 ETH
Minimum Not Achieved : The Smart Contract will issue a refund for all contributors
Distribution : ICO smart contracts transfer LabCoins instantly upon receipt of ETH