LABSTART

About 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 for themselves or become 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. LabStart, on the other hand, 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.

Science is moving forward
Do you not think that in the last ten years the world has changed more than ten years before? We have an electric car, which is only heard on Discovery, a smartphone with touch screen, which could be more than a personal computer a few years ago and even get rid of photo and video cameras, because our phones also take this functionality.

All due to the fact that science is not silent and every day someone enrolls a new patent, with their new ideas and breakthroughs in the traditional perception of the world. But the people who create the future - inventors, are surrounded by many legislative and financial constraints, which hamper the development of science, and therefore our society.

However, the number of registered patents is growing every day. Countries that can not compete even at minimum levels with developed countries are now included in the list of the richest people in terms of per capita GDP (eg, Singapore).

Now imagine that the same potential will develop without any restriction, including mediation, dumping the value of inventive work and, as a result, a decrease in motivation to work among people who understand the pattern of the world and can use it. for humanitarian purposes.

All of these can provide LabStart with a reasonable interaction architecture on the platform, and, of course, blocking.

To help inventors - Block and LabStart
Obviously, you know that there are already sites where it is fashionable how to raise funds, and make sacrifices for discovery and development. One of them and the most popular is Kickstarter, thanks to a world that sees many useful inventions (for example, graphene headphones or drum sticks for virtual drums - that's cool).

You can not reduce the benefits of Kickstarter - at a time it is necessary. But today we see that it has some not strange weaknesses for LabStart:

• Productive investment. When you invest in Kickstarter, you get nothing from it for yourself. This means that your investment is more a victim or a gift. For yourself, you will also receive something like a gift from the inventor, nothing more.
• Use of targeted funds. At Kickstarter, there is almost no control over the use of investment, and the inventors themselves are not required to produce anything legally. Everything is based on the integrity of the parties, but the game can also be removed with the help of contract and smart blocking.

And if you feel that the order of such a thing is a sacrifice to the inventors, then this is not true. After all, if the inverter is not interested in investing money, looking at a liberal order at Kickstarter, the financing is sluggish, without enthusiasm. Unless the project is very similar to the philanthropic group.

In the law
From a legal standpoint, the LabStart platform operates under the understanding of patent law. Therefore, already now, even before the beginning of the ICO, the periodic department was created by the team of creators. The main issue they will solve is how to distribute the right to an invention among the entire human team - inventors and investors, who will be the life-giving force that makes science evolve.

Now - this is one of the legal dilemmas that the world's leading lawyers are trying to solve and it seems that blockboys can help. The fact is that in a distributed registry it is quite possible to determine exactly who holds the law and to ensure that this information will be changed or lost.

This concludes the first part of the review. In front of us only a more detailed consideration, thanks to which you will become more confident in your thinking about how progressive the LabStart platform is.

LabStart ecosystem

How does Labcoins serve investors?
LabCoin is the only currency that allows investors to fund outstanding innovation projects on the LabStart platform. For each investor, the number of LabCoins investing in the project coincides with the ownership of the patent share at the end of the project (for example, I / Patent property), as well as the sound weight in the Nonprofit Organization. Participation is focused. (see Organization IV / Decentralization and V / Monitoring and Control).

How does Labcoins serve the project team?
Once the project is fully funded, all LabCoins invested in the project will be converted into fiat currency in exchange for raising funds for the project team.

Pre-Sale and ICO LabStart
LabStart token parameters
Token Role: The token / currency utility on the platform.
Token Abbreviation: Abbreviation Token.
Token Name: LabCoin
Max Supply (Hard Cap): 42,000,000 LAB
Token Network: Ethereum (ERC20 canceled)
Emission Level: No new coins will be created

Public Pre-Sale LabStart
Started: March 25, 2018
Expires: April 25, 2018 or if the hard cap is reached
Token Price: 1 ETH = 500 LAB
Minimum Transaction: 0.1 ETH
Hard Cap: 8,400,000 LAB
Distribution: Pre-Sale LabCoins smart contract transfer immediately after receiving ETH

ICO LabStart
Started: May 24, 2018
Expires: June 23, 2018 or if the hard cap is reached
Token Price (first 15 days): 1 ETH = 400 LAB
Token Price (last 15 days): 1 ETH = 300 LAB
Minimum Transaction: 0.1 ETH
Hard Cap: 25,200 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.

Distribution
The maximum Total Number of LabCoins distributed is 42,000,000 LAB. During the presale a maximum of 8,400,000 LAB will be distributed (20% of the maximum total). During ICO maximum 25,200 LAB will be distributed (60% of total maximum amount). At the end of the two phases, 20% of the total will be made and allocated as follows: half will be the reserves and the long-term and half-term contributions to the original contributors and founders.

Use of funds

ROAD MAP

LabStart TEAM
ARTHUR SULTAN
NICOLAS PAUWELS
JULIEN LIN
ESTELLE DELON
MELISSA PALMER
NICOLAS PAGE
JÉRÔME CHABBERT
ADRIEN LEPIC
JORDAN CHEBLAL
MAXIME RODIER
CAMILLE DAUX
IRIS ZHENG
MICHEL COLOMBO
JOHANN STAN
WITH BOSE

FOR MORE INFORMATION:

Website: https://labstart.tech/
Telegram: https://t.me/LabStart
Twitter: https://twitter.com/LabStartTech
Facebook: https://www.facebook.com/labstart.tech/Books
White: https://labstart.tech/ressources/uploads/whitepaper.pdf
One Pager: https://labstart.tech/ressources/uploads/onepager.pdf
Blog: https://medium.com/@labstart
Github: https://github.com/LabStart/ICO

author: muhammadsosa
profil link: https://bitcointalk.org/index.php?action=profile;u=1914532
eth: 0x8056b4866D50eBCE01D33EDc967D38a6Bf724420