Everything that is connected with science and business we are accustomed to call the word venture. This is not always correct, but we are beginning to review the platform that will connect the inventors, investors and entrepreneurs in one ecosystem, giving the opportunity to work more efficiently and without intermediaries.
We are talking about a project called LabStart, a decentralized platform that, thanks to the blockbuster and smart contracts, can make investing in research projects simpler and less risky without resorting to the services of intermediaries and state institutions.
In this part, we will try to explain why this start-up is necessary for modern business and why decentralized technologies make it unique LabStart Official Video:
Do not you think that in the last ten years the world has changed more than the previous ten? We got electric cars, from which only heard on Discovery, smartphones with a touch screen, which can be more than personal computers a few years ago and even got rid of photo and video cameras, since our phones took this functionality too.
All regards to the fact that science registers a new patent, with their new ideas and breakthroughs in the traditional perception of the world. But people who create the future - inventors, surrounded by a lot of legislative and financial constraints, which hamper the development of science, and hence our society.
Nevertheless, the number of registered patents is growing every day. GDP per capita (for example, Singapore). GDP per capita (for example, Singapore).
Now imagine that the same thing will develop without any restrictions, among them mediation, dumping of the value of inventive labor and, as a consequence, a decrease in motivation for the work of the people for the purposes of humanity.
All this can provide LabStart with a reasonable architecture of interaction on the platform, and, of course, blocking.
To help inventors - block and LabStart
Surely, you know that there are sites where it is fashionable how to raise funds, and to sacrifice for invention and development. One of them and the most popular is Kickstarter, thanks to which the world saw many useful inventions (for example, graphene headphones or drum sticks for virtual drums - it's cool).
You can not detract from the merits of Kickstarter - at one time it was necessary. But today we see that it has several drawbacks that are not peculiar to LabStart:
Productive investments. When you invest in Kickstarter, you do not get anything from it for yourself. This means that your investment is more a victim or a gift. For yourself, you too will receive something like a gift from the inventor, nothing more.
Targeted use of funds. At Kickstarter, there is almost no control over the use of investments, and the inventors are not obliged to legally produce anything. Everything is based on the integrity of the parties, but this play can also be removed with the help of smart contracts and blocking.
And if it seems to you that an order of things is a sacrifice towards the inventors, then this is not true. After all, if the inverter is not interested in investing money, looking at the liberal order at Kickstarter, the financing is sluggish, without enthusiasm. Unless the project is very much like a group of philanthropists.
Within the law
From a legal point of view, the LabStart platform operates on the basis of understanding patent law. ICO, a periodic department was created by the team of creators. The main issue that they will solve is how, to distribute the right to an invention among a whole team of people - the inventors and investors, which will become the life-giving force that makes science develop.
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
Use of funds
Distribution Tokens
ROADMAP
TEAM
Now - this is one of the dilemmas of the law that the world's leading lawyers try to solve and it seems that the blockboy is able to help. The fact is that in a distributed registry it is quite possible to know that the information will be changed or lost.
This concludes the first part of the review. Ahead of us is just a more detailed consideration, thanks to which you will become even more confident in your thoughts about how progressive the LabStart platform is.
For more details about our ICO you can also visit our website address below from me and thank you:
Website: https://labstart.tech/
Telegram: https://t.me/LabStart
Twitter: https://twitter.com/LabStartTech
Facebook: https://www.facebook.com/labstart.tech/Books
White Paper: https://labstart.tech/ressources/uploads/whitepaper.pdf
One Pager: https://labstart.tech/ressources/uploads/onepager.pdf
Medium: https://medium.com/@labstart
Github: https://github.com/LabStart/ICO
Youtube: https://youtu.be/ZjwG_b8MEaI
Author: doy17
profile: https://bitcointalk.org/index.php?action=profile;u=1701501
Eth: 0xB17500134c9cECBE14353a5ecb2d860fc840DF24
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