UAE based DWF Labs invests $1 million in Blockchain music Korean firm
DWF ( Digital Wave Finance) Labs a crypto investment firm, based out of UAE, has invested $1 million into LABEL Foundation, a Korean Based blockchain entity revolutionizing the music industry. The investment will be used to foster the development of their pioneering Dapp TRACKS and to expand their user base by bringing innovative solutions to the market. This is the third round for LABEL Foundation. Previously it raised funds from eBest Investment & Securities and Groom investments. This allowed LABEL to launch their Listen and Earn TRACKS decentralized application. LABEL believes that this revolutionary application has enormous prospects not just for artists but also listeners who want to contribute to the revenue flow of music and help make this sector more profitable DWF Labs Managing Partner Andrei Grachev conveyed his enthusiasm for LABEL Foundation’s quest to promote innovation in the music business, stating “Their Listen-and-Earn TRACKS dApp is an exciting ...