Label Foundation To Join Forces with Ankr To Utilize Their Distributed Nodes

LABEL is an unparalleled NFT infrastructure built on top of Ethereum Network, powered by LBL utility and governance token with a unified goal to establish a fair profit-sharing ecosystem with the permissionless integration of IP rights. LABEL provides a decentralized P2P incubating platform to invest in world-class entertainment-education content through the DAO voting system to further allow contributors to claim profits through the NFT shareholding mechanism.

Dear Community,

We are delighted to announce the strategic collaboration with Ankr. Ankr is a decentralized infrastructure provider that supports more than 50 chains with an all-in-one portal for public RPCs, APIs and developer tools.The Label team has been working with Curvegrid to build the Binance Smart Chain (BSC) bridge, which has been deployed recently. Through this bridge, powered by Ankr, users will be able to seamlessly transfer their assets from ERC-20 to BEP-20 standard. In addition to this bridge, LABEL’s NFT Marketplace will also be powered by utilizing the Ankr’s renowned global network of nodes. The node service provided will be the beginning of a multifaceted collaboration between Ankr and LABEL.

Founded in 2017, Ankr has proven itself in the blockchain industry as a reliable solution to build scalable dApps. Compared to centralized providers that present significant single-point-of-failure risks, Ankr enables projects with LABEL to deploy their nodes in a fully distributed manner. Its geographically distributed datacenters increase stability and resilience thereby ensuring security.

Ankr offers a turnkey, scalable solution for multiple networks, including but not limited to BSC and Ethereum. It can be relied upon for building blockchain applications to scale and expands its use cases in the long-term. This is why LABEL will leverage the synergy created in collaboration with Ankr and will extend its nodes to all of our platform pillars.

We are building the foundation of our decentralized MOOC platform. When building foundations, it is important to rely on secure and proven projects. Through Ankr’s node services and Curvegrid’s MultiBaas bridge to BSC as a foundation we will be relying on the most secured and proven foundational projects to build our blockchain infrastructure.

About Ankr:

About Ankr:

Ankr is a leader in the digital asset space as a software platform and decentralized infrastructure provider. Built to support Web3, Ankr provides scalable plug-and-play multichain solutions, and supports more than 50 proof-of-stake blockchains. The protocol’s utility token, ANKR, is tradeable on Coinbase and Gemini. Learn more at ankr.com.

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📩 For business & partnership inquiries: contact@label.foundation