LabStart

LabStart is a blockchain-based investment platform that aims at reassessing the way innovations are funded. Our goal is to allow anyone to invest directly in the innovation projects presented on the platform - thanks to LabCoin - and to allow investors to own a share of the project’s resulting patents. Thus, it offers a secure and decentralized alternative to the traditional innovation investment ecosystem.

Three main issues can be pointed out in the current system: the lack of funding for innovators, the difficult processes used to access funds and the lack of safe places for individuals to invest in innovation. LabStart aims at bridging the gap between people and the potential innovative solutions, in order to answer our society’s growing challenges.

The blockchain and smart contracts technologies address those issues by providing an accessible, distributed and controlled environment. Once research and development results in a patent, investors will hold a certain amount of intellectual property, calculated based on the quantity of funds invested. As such, they will have decisional power over the outcome of the innovation - sale of the patent, distribution of licences, etc. - according to the relevant legal environment.