The LABZ is a cloud-based blockchain music creation and real-time collaboration platform that programmatically collects song data needed for facilitation of electronic exchanges of contracts and digital copyrights.
Music creators and their leadership teams are losing out on billions each year ($20.5B) because of the absence of song ownership documentation. The $20.5B loss all starts from the collaborative multiple platform process of song creation and ends at the inaction of contracts and copyrights. The Labz solves this problem by providing an easy to use creative real-time music collaboration platform backed by the Ethereum Blockchain that naturally inputs song and user data into contract and copyright templates. With almost no change to the user’s current creative process song owners and their leaders, can now be publicly identified and paid accordingly.