WasilahDN

LabStart is a blockchain-based investment platform that aims at reassessing the way innovations are funded. At :abStart, everybody will have the possibility to easily support innovative projects and directly benefit from them. Apart from participating in thrilling new projects and helping shape the future, investors will hold a certain number of shares in the resultant intellectual property. As for the innovators, they will be able to bypass the innovation fundraising ecosystem that currently narrows their possibilities [2]. In fact, innovation projects with patents filing can be carried out by a wide variety of entities : start-ups, small to large companies, independent laboratories and others.

The LabStart project is a completely new method of investing in innovation. The world of tomorrow is built on innovative projects created today. At the moment, innovations are at the core of our society. Some of the major social problems, such as ecology, overpopulation or decentralization, require the society to find innovative solutions that will help solve these problems. Nevertheless, now it is very difficult for people to take a direct part in an innovative project. Given the importance of the innovative impact on our lives now and in the future, we believe that any person should be able to participate in this process at any level of responsibility.

In order to open an innovative ecosystem for everyone, LabStart intends to apply various models of crowdfinding, which include the idea of patents. Once the innovation project is completed and the technology or product is developed, each investor will own one share of the patent. The joint use of patents and the monitoring of the process is carried out thanks to the technology of blocking and smart contracts, using the LabStart platform. And the LabStart platform itself is a decentralized application (dApp), formed on the basis of the Ethereum network, which provides a link between inventors and investors. Thus, anyone can support the innovative projects presented on the platform. After the development of the innovation, applications for one or more patents are filed to protect the invention.

The project offers the following road map:

Tokensail Project

Sam LabCoins (LAB) is a token of the standard ERC20, created in the network Ethereum. LabCoin is a currency that allows investors to finance innovative projects presented on the platform of LabStart. The number of LabCoins invested in the project for each investor coincides with the patent shares owned by them at the end of the project (see Whitepaper for more details).

Preliminary sale:
Beginning - March 25, 2018
End date - April 24, 2018
1 ETH = 500 LAB
The goal is a maximum (Hard Cap) = 8 400 000 LAB

The main token is the
Beginning - May 24, 2018 The
end is on June 23, 2018
The cost of the token (first 15 days): 1 ETH = 400 LAB
The value of the token (last 15 days): 1 ETH = 300 LAB
The goal is a maximum (Hard Cap) = 25 200 000 LAB
The minimum objective (Soft Cap) = 1000 ETH
Additional LabCoins will not be created after the ICO.