faisal: LabStart - The New Way To Invest In Innovation

Website - https://labstart.tech/

What is LabStart

LabStart is a blockchain-based investment platform that aims to reevaluate how funded innovations are. At: abStart, everyone will have the possibility to easily support innovative projects and instantly benefit from them. In addition to participating in exciting new projects and helping shape the future, investors will hold a certain number of shares in the resulting intellectual property. As for the innovators, they will be able to pass through an innovative fund-raising ecosystem that currently narrows their possibilities [2]. In fact, innovation projects with patent filings can be done by various entities : start-ups, small to large companies, independent laboratories and others.

Nowadays, it is very difficult for someone to be directly involved in an innovative project. Indeed, solutions are available to an individual either to put a person's money in a bank that will invest for you in innovative projects of the company they will choose themselves or be part of an investor group ( angel business type ) who is an incubator partner or who is instantly acquainted with startup to enable them to invest in their projects.

LabStart allows companies and organizations to present their innovation projects on special platforms. The goal is to streamline and simplify access to investment for players while eliminating many intermediaries. The LabStart platform is a sort of crowdfunding solution for innovation projects. On the other hand, LabStart creates investment opportunities for people, enabling them to invest in research projects without minimum requirements. Investors collaboratively own property of the invention through patents. Holding the parts of patents allows them to choose economic and ethical decisions about the use of patents they support, thus maximizing their return on investment. The LabStart decentralized investment platform is a third-party service where research projects that require investment are featured. Investors with LabCoins can choose projects they believe in and support them using LabCoin. LabCoin will be issued for the first time during ICO and then can be traded on the stock market.

LabStart Official Video :

https://youtu.be/ZjwG_b8MEaI

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

LabStart ecosystem

What is LabCoin
LabCoin 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.

anyone can invest in intellectual property, from around the world. intermediaries, the profits derived from patent sales are shared between each investor based on their initial investment in research and patent rights will now be available to everyone and not just a global company. investment and property Discoveries 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 and reliability. Revolutionizing the investment research ecosystem by linking investors to researchers thanks to blockchain and smart contracts. All research projects are verified by our team of experts and patent lawyers.

What is LAB
LAB stands for LabCoin. Most currencies have 3-letter codes ( USD, EUR, AUD, BTC ) as international standards. The technical term for this abbreviated code is ISO 4217.

How Labcoins serve investors
LabCoin is the only currency that allows investors to fund innovation projects featured on the LabStart platform. For each investor, the number of LabCoins invested in the project coincides with the patent share owned at the end of the project ( see I / Patent Properties ), as well as the weight of votes in the decentralized Organization that joins. ( see IV / Decentralized Organization et V / Follow-up and control ).

How Labcoins serves the project team
Once the project is fully funded, all LabCoins invested in the project will be converted in fiat currency in exchange for collecting the necessary funds for the project team.

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.

Token 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