Stakinglab was launched with an objective to offer a comprehensive platform to investors and project owners for proof of stake coin, masternode coin, and other relevant services. Their vision is to create a marketplace for all crypto investors to achieve their objective starting from first-hand information about POS/masternode coins, the best coin to staking, ICOs, platform to buy and sell, community building and mind sharing. The platform would serve as a single place to project owners to kick off their crowdsourcing to achieve their project goals.

LABX is a PoW cryptocurrency based on the Quark algorithm. It will serve as a way of payment for all the services provided by StakingLab platform.