Author: King News Wire

EML, a mobile application development company, has revolutionized industries by providing a vast array of services that facilitate people’s lives and establish new standards for a comfortable lifestyle. Among these services are ALL SERVICE, A/S MASTER, TEST MASTER, PAYP, FOOD PAY, and DSPIDER.,

South Korea, 17th Jun 2023 – EML(easy make life), a mobile application development company utilizing blockchain technology, has announced its latest update for its range of services. With this update, the company is introducing new features to its ALL SERVICE, A/S MASTER, TEST MASTER, PAYP, FOOD PAY, and DSPIDER applications. The update is set to improve living standards by providing a more comfortable and efficient lifestyle for its users.

Established in 2019, EML has worked with various industries that have faced the challenges of disappearing with the advent of smartphones. EML has built innovative industries based on its experiences across industries and leveraged its expertise to create new industrial sites. The update for EML’s services will make it possible for people to enjoy a wide range of services and improve their living standards.

ALL SERVICE is an enterprise-specific A/S outsourcing service that provides customer A/S and distribution services through a network of 17 specialized locations with over 170 engineers using cutting-edge mobile-based IT technologies. Additionally, A/S Master Service was developed by EML to simplify A/S in numerous fields on South Korean mobiles.

An innovative educational service application, Test Master, is another service being offered by EML. It connects people to educational information they are looking for over the web. EML’s PAYP application is designed to enable platform-wide monetary transactions for a wide range of services. It will also be integrated into the payment systems of ongoing and future projects and service platforms. FOOD PAY provides quick access to nearby food places whenever and wherever users need them.

EML’s DSPIDER service is a system for securing intellectual property rights in digital media and is foundational to digital content management with state-of-the-art features that provide peace of mind when using the material in a wide range of commercial contexts.

With the introduction of its update, EML is expanding the features of its services to deliver more convenience along with redefining the way transactions are made. The update is designed to provide more flexibility and transparency to the users of EML’s services.

EML Tokens

EML is the native token of the EML ecosystem. With great foresight, EML’s blockchain payment coins may envision and invent the value that life has never had before. EML tokens are used for coffee shops, restaurants (FOOD PAY), mobile coupons, shopping, and other platform services like A/S Master, Test Master, ALL Service, and more.

Through its adoption of a protocol business model, EML seeks to construct a competitive platform market by solving platform business challenges and addressing flaws in current payment systems. Overturning the current platform market structure, EML aims to provide fair incentives and suitable payment options while also disclosing the distribution process completely for the benefit of all users.

Exchange Listings

EML tokens are currently listed and actively traded on Lbank, Bkex, and Coinstore exchanges. EML is now in talks with several other major exchanges to list EML tokens in the third or fourth quarter of 2023. For further information on these listings, please visit https://emlprotocol.io or follow EML on Twitter https://twitter.com/emlprotocol, EML on Medium https://medium.com/@emlprotocol, and EML’s Telegram channel https://t.me/EMLprotocol.

About EML

EML is a mobile application development company established in 2019 that utilizes blockchain technology. The company has directly created innovative industries based on its experiences with industries that have disappeared as a result of smartphones and new industrial sites that have been restructured as a result of smartphones. EML provides a vast array of services that facilitate people’s lives and establish new “comfortable” living standards.

Whether it is education or A/S services, transaction or IP rights in digital media, EML’s revolutionary content management environments have robust capabilities, making it a good fit for all sectors of content distribution. EML’s mobile-based IT technologies provide customers with access to distributed data systems for efficient processing and storage while still ensuring high levels of security.

With the latest update to its services, EML is poised to continue to push boundaries and improve people’s lives significantly.

For further details check out at: https://emlprotocol.io or follow at EML twitter https://twitter.com/emlprotocol, EML medium https://medium.com/@emlprotocol and telegram https://t.me/EMLprotocol )

Media Contact

Organization: EML Co., Ltd

Contact Person: Dony

Website: https://emlprotocol.io

Email: [email protected]

Address: Seoul Korea

Country: South Korea

Release Id: 1706234198

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Manessestrasse, Zurich, Swaziland, 16th Jun 2023 – Lagrano is set to launch its GRAN Token Sale, with well-thought-out tokenomics based on international research studies and forecasts for the European eCommerce market between 2023 and 2027. The token price is supported by clear figures and calculations.

Lagrano’s issuance of 10 million GRAN Tokens, will take place with the provided support of BitBond GmbH audited by Certik. The token distribution is structured with the buyer in mind, with 70% being offered during the sale, and 20% being allocated for a liquidity reserve in the event of unexpected contingencies. The remaining 10% of tokens are reserved for Lagrano team.

The scheme offers several benefits to buyers. Buyers have the leverage to control the price of the GRAN Token once it has been listed on exchanges, as a percentage of the token’s supply goes public. This means that Lagrano has no way to collapse the GRAN price, and token holders will be free to trade them as they please. The Early Birds presale will begin on June 19th, 2023, with two million tokens at a discounted price of 1000 GRAN per 1 BNB. This represents a discount of 37.5% compared to the main token sale.

If buyers miss out on the presale, Lagrano will hold a main sale at a price of 625 GRAN for 1 BNB, with five million tokens available.

”Our decision to allocate 70% of our tokens was a deliberate one. We believe in our project, and we want to ensure that our investors feel the same level of trust and confidence that we have in our token. We understand that many projects use TGE locks, vesting periods, cliffs, and vesting cycles to mitigate risks and ensure long-term sustainability. However, we feel that this approach may not always be in the best interest of our investors. By leaving the control to our investors, we aim to provide a sense of safety and security that will allow them to invest in GRAN with peace of mind. We understand that this is a bold move, but we believe that it’s the right one, and we will continue to uphold our principles of transparency and trust throughout the GRAN Token Sale.” said Lagrano CEO Gregory Stone.

Lagrano is targeting the utilization of their AI Suite in large European marketplaces, with a fee in GRAN tokens being paid for every transaction involving AI Suite. In this scenario, marketplaces are likely to visit the exchange to purchase GRAN tokens, which are expected to have a different price than the original GRAN token price during the pre-sale.

It is rumored that Lagrano has secured preliminary agreements with several European market players to test out the capabilities of their AI Suite. We will continue to monitor this project’s progress.

To learn more about Lagrano, visit their official website at www.lagrano.com read the Whitepaper and follow them on Telegram, Twitter and Medium.

Media Contact

Organization: Lagrano

Contact Person: Gregory Stone

Website: https://www.lagrano.com/

Email: [email protected]

Address: Manessestrasse 87, 8045 Zürich

Address 2: Switzerland

City: Manessestrasse

State: Zürich

Country: Swaziland

Release Id: 1606234169

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EML, a mobile application development company, has revolutionized industries by providing a vast array of services that facilitate people’s lives and establish new standards for a comfortable lifestyle. Among these services are ALL SERVICE, A/S MASTER, TEST MASTER, PAYP, FOOD PAY, and DSPIDER.,

South Korea, 16th Jun 2023 – EML(easy make life) is a mobile application development company established in 2019 that utilizes blockchain technology. EML has directly created innovative industries based on its experiences with industries that have disappeared as a result of smartphones and new industrial sites that have been restructured as a result of smartphones. EML provides a vast array of services that facilitate people’s lives and establish new “comfortable” living standards. ALL SERVICE is an enterprise-specific A/S outsourcing service that provides customer A/S and distribution services through a network of 17 specialized locations, and 170 engineers, with cutting-edge mobile-based IT technologies. In addition to ALL SERVICE, A/S Master Service is the first mobile service in South Korea to simplify A/S in numerous fields.

Test Master, an innovative educational service application, was also developed by EML. It’s a platform for connecting people with the educational information they’re looking for on the web.

PAYP is an additional app that facilitates platform-wide monetary transactions for a wide range of services It will be integrated into the payment systems of the many ongoing and future projects and service platforms.

FOOD PAY also provides a quick and easy way to find nearby food places whenever and wherever users need it.

EML also offers the DSPIDER service. It’s a system for securing intellectual property rights in digital media. Digital content management’s foundational features provide consumers with more peace of mind when using their material in a wide range of commercial contexts. EML’s revolutionary content management environments have robust capabilities, making it a good fit for all sectors of content distribution.

EML Token

EML is the native token of the EML ecosystem. EML’s blockchain payment coins may envision and invent the value that life has never had before, whether used in coffee shops, restaurants (FOOD PAY), mobile coupons, shopping, or on other platforms such as A/S Master, Test Master, ALL Service, and more.

Through the adoption of a protocol business, EML seeks to construct a value-rational platform market by solving platform business challenges and structural flaws in current payment systems. Overturning the current platform market structure, EML aims to provide fair incentives and suitable payment options while also disclosing the distribution process in full for the benefit of all users.

EML is currently listed and actively traded on the Lbank, Bkex, and Coinstore exchanges. They are now in contact with multiple big exchanges in order to list EML tokens in the third or fourth quarter of this year.

For further details check out at: https://emlprotocol.io or follow at EML Twitter https://twitter.com/emlprotocol, EML medium https://medium.com/@emlprotocol and EML telegram https://t.me/EMLprotocol

Media Contact

Organization: EML Co., Ltd

Contact Person: Dony

Website: https://emlprotocol.io

Email: [email protected]

Address: Seoul Korea

Country: South Korea

Release Id: 1606234165

The post EML is revolutionizing the industry by delivering cutting-edge and innovative mobile services. appeared first on King Newswire.

Taipei City, Taiwan, 15th Jun 2023 – PH Hession Enterprise, a prominent global financial management company, has revealed its plans to launch an innovative online stockbroking platform tailored for its private retail investors. The platform aims to empower investors to take an active role in managing their portfolios while offering competitive execution-based trading.

The company is committed to a phased rollout of this cutting-edge solution, with a target of a complete platform launch by March 2024. Early testing of the platform was conducted with a select group of clients, who provided positive feedback on its performance. The company is dedicated to enhancing the platform’s mobile usability and expanding its range of offerings based on user input.

“As the needs of our clients evolve in an ever-changing digital landscape, we continuously strive to expand our digital offerings. We understand the value of time in today’s world, where financial news is readily available at our fingertips. Hence, we are excited to introduce this new trading platform to our clients, enabling them to execute trades with real-time tradable prices in just a few clicks. This platform will work seamlessly alongside our advisory service, and we are thrilled about its imminent launch,” said Michael Jacobs, Head of Corporate Equities at PH Hession Enterprise.

The development of this platform has been underway for the past six months, with a strong emphasis on delivering a comprehensive range of investment solutions to cater to the diverse preferences, risk appetites, and tastes of PH Hession Enterprise retail investors. Moreover, the platform will provide access to over 4,000 global stocks, complemented by advanced charting tools and market news feeds for thorough analysis.

“By offering market-leading commission rates and access to international stock markets, this platform promises significant benefits for all our clients. As a company, we embrace the opportunities brought forth by new technology,” added Jacobs.

Additionally, PH Hession Enterprise plans to offer the platform on mobile devices through a diverse suite of applications. For more information about PH Hession Enterprise, please visit https://www.phhessionenterprise.com/

Media Contact

Organization: PH Hession Enterprise

Contact Person: Mr Chung Liao – Chief Economist

Website: https://www.phhessionenterprise.com/

Email: [email protected]

City: Taipei City

Country: Taiwan

Release Id: 1506234130

The post PH Hession Enterprise Unveils New Online Stockbroking Platform for Retail Investors appeared first on King Newswire.

London, United Kingdom, 13th Jun 2023 – SPACE AI Finance, the leading CEDEFI platform, is proud to announce the highly anticipated Initial Coin Offering (ICO) for its utility token, SpAI. This ICO presents an extraordinary opportunity for investors and cryptocurrency enthusiasts to become part of a groundbreaking financial ecosystem and secure their participation in the future of money management.

ICO Timeline and Price Details

The ICO for SpAI tokens will commence on 20/06/2023 and run until 30/06/2023. Participants can visit the official SPACE AI Finance website or utilise this direct link https://launch.spaceai.finance/ The ICO Price will be $0.015 and Listing Price $0.030.

To learn more about the ICO process, token distribution, and how to participate.

Token Details:

The SpAI Token is a utility token based on the ERC20 standard. The total token supply is 1,000,000,000 SpAI, with 180,000,000 SpAI tokens available for sale during the ICO. Token’s soft cap is $100K USDT while the hard cap is set at $400K USDT

ICO Supply and Fundraising Goal:

The ICO supply amount is set at $400,000, and the fundraising goal is to cover the listing and IEO fees, ensuring the successful launch and growth of the SPACE AI Finance ecosystem.

Acceptable Payment Methods:

Space AI accepts USDT as the primary payment method for the ICO. This provides convenience and flexibility for investors looking to participate in the ICO.

Tokenomics:

Space AI has a well-structured token distribution plan in place. 15% of the tokens will be used for community airdrops, awards events, and marketing activities. 3% will be allocated to the private sale (ICO), while 15% will be reserved for the presale (IDO/IEO) and listing. Additionally, 7% will be allocated to the liquidity pool, 25% for listing on exchanges, 10% for developers participating in ecosystem development, 10% for DeFi partnerships, and 5% for treasury and reserve.

Team Tokens and Company Location:

10% of the tokens are allocated to the team and members of the management board, with a lock period of three years. company is located at 27 Old Gloucester Street, London, United Kingdom, WC1N 3AX.

Smart Contract Address and Blockchain:

The SpAI Token operates on the Abritrum Blockchain, with the smart contract address 0x358E5D2378f5Fc3fA5504aEbb728c4C568F973a4. You can explore the token and its transactions through the Abritrum Blockchain explorer at https://arbiscan.io/token/0x358E5D2378f5Fc3fA5504aEbb728c4C568F973a4

Why SPACE AI Finance

SPACE AI Finance is revolutionizing the financial industry by providing a smart and secure platform that offers a wide range of cutting-edge features and utilities. By participating in the SpAI Token ICO, investors can unlock a host of benefits and contribute to the growth and development of SPACE AI Finance. Here’s why you should be a part of this exciting ICO:

1. Access to the Next Generation of Financial Services: By acquiring SpAI tokens during the ICO, investors gain exclusive early access to SPACE AI Finance’s innovative financial ecosystem. This platform seamlessly integrates multiple application modules for both decentralized finance (DeFi) and centralized finance (CeFi), creating a comprehensive resource system.

2. Efficient and Cost-Effective Transactions: SPACE AI Finance operates on a zero-gas blockchain, ensuring swift and cost-effective transactions. Unlike traditional blockchain networks burdened with high fees, SPACE AI Finance leverages advanced technology to minimize transaction costs, making it an attractive choice for traders and investors seeking optimal efficiency.

3. AI-Powered Features for Enhanced Decision-Making: SPACE AI Finance leverages artificial intelligence (AI) capabilities to provide users with comprehensive market information and AI-based price predictions. So that you can equip yourself with accurate insights and predictions, enabling informed decision-making and enhancing your potential for success in the dynamic world of cryptocurrencies.

The SPACE AI Finance Ecosystem: A Gateway to Opportunity

1. AI Swap: This decentralized exchange (DEX) connects cryptocurrency buyers and sellers in a peer-to-peer marketplace. With a non-custodial approach and user control over private keys, AI Swap ensures seamless and anonymous trading.

2. AI Liquidity: Recognizing the importance of liquidity provision in DeFi, SPACE AI Finance allows users to provide funds to DeFi platforms, generate LP tokens, and stake them with farming protocols to earn native platform tokens.

3. AI Bridge: The AI Bridge tool enables the seamless transfer of digital assets and information across different blockchains. It acts as a connector, monitoring events on the source blockchain and triggering corresponding actions on the destination blockchain.

4. SP Earn: Users can earn rewards by participating in liquidity provision or locking their cryptocurrencies for a specific period. The SP Earn feature allows users to leverage their holdings and earn attractive rewards.

5. Space Launch: SPACE Launch serves as an IDO Launchpad, utilizing crowdfunding to raise funds for crypto projects. By releasing IDO tokens that represent assets with a fixed price in terms of cryptocurrency, SPACE Launch fuels innovation and supports the growth of promising projects.

6. SP NFT Marketplace: The SP NFT Marketplace is a comprehensive platform for buying, bidding, selling, and creating non-fungible tokens (NFTs). It empowers content creators to showcase and monetize their digital creations in various domains.

7. SP Info: SP Info is an initiative from Space AI to provide the most comprehensive news quick recent updates and historical data resources to its users, It will help traders and investors to make informed decisions about their future investments.

8. SP iPay: SP iPay is a secure payment module that facilitates cross-border transactions using cryptocurrencies. Leveraging the advantages of blockchain technology, SP iPay offers a fast, cost-effective, and transparent method for making international payments.

9. SP CeFi: SPACE AI Finance offers a range of trading and financial services in the cryptocurrency market, including spot, margin, futures, lending, and options trading. These services cater to traders and investors seeking exposure to cryptocurrencies and various trading strategies.

SPACE AI Road Map

The company conducted an in-depth market study to understand the industry landscape. It also formed a strong team of professionals and established strategic partnerships with venture capitalists, setting the stage for future growth. Moving into the first quarter of 2023, SPACE AI Finance focused on refining its business plan while actively growing and engaging its community. This period was crucial for establishing a solid foundation for the company’s future endeavours.

The second quarter of 2023 marked a significant milestone for SPACE AI Finance as it embarked on its project launch. The team worked diligently to complete Dex AI Swap V1.0, a comprehensive platform that enables seamless trading and DeFi features like farming and staking. Simultaneously, a presale campaign was initiated to generate interest and support for the project. As SPACE AI Finance entered the third quarter of 2023, its focus shifted towards expanding its reach and accessibility. Space AI is already listed in CoinmarketCap and working towards Listing on other prominent exchanges. Furthermore, the team worked on developing the V3.0 Expanded Module, which introduced SpNFT and Bridge, enabling users to trade NFTs on the AI Swap platform with ease and efficiency.

In the fourth quarter of 2023, SPACE AI Finance continued to enhance its offerings with the completion of the V4.0 development phase. The introduction of AiInfo and SpPay brought valuable market information and secure cross-border transaction capabilities to users, enhancing their overall experience and facilitating informed decision-making.

Looking ahead to 2024, SPACE AI Finance has ambitious plans for further growth and expansion.

The team aims to launch a mobile app in the first half of the year, allowing users to access the platform seamlessly from their Android and iOS devices. Additionally, the completion of V6.0 will introduce SpCeFi, a comprehensive suite of services including spot, margin, futures, options, perpetual swaps, lending, and mining. Users can also expect the addition of exciting utilities such as Crypto Forex Services, Tokenizing Assets, games, and integration with the Metaverse.

Media Contact

Organization: SPACE AI FINANCE LIMITED

Contact Person: Nguyen Thanh Vu

Website: https://spaceai.finance/

Email: [email protected]

City: London

Country: United Kingdom

Release Id: 1306234122

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Intermundo, an app developed by MetaMundo, has been released. To mark the launch, MetaMundo has planned an airdrop event with the goal of enhancing people’s daily lives, workplaces, and connections with others.

Hong Kong S.A.R., 13th Jun 2023 – MetaMundo announced the long-awaited grand launch of the innovative app, InterMundo, in a world that prioritizes innovation and technological advancement. Metamundo’s mission is to pave the path toward a brighter future by revolutionizing how people live, work, and connect.

MetaMundo applied Web3.0 Blockchain technology to effectively resolve efficiency, transparency, and fairness issues in the real estate market by linking structural defects and technical problems of projects to real estate and making it simple, convenient, and safe for all participants to own and trade real estate.

App InterMundo service, as a function of the MMT token’s governance and community, offers a variety of utility functions, such as delivering real estate investment information, allowing investors to connect with one another, and voting on the co-investment industry.

MetaMundo’s Launch Event

To further celebrate the launch of Intermundo, MetaMundo has announced a special airdrop event.

Having the airdrop event is a means for Metamundo to show its appreciation to its patient users. Users that take part in the event may be eligible to obtain Metamundo Token-MMT, a cryptocurrency that can be used inside the app’s ecosystem or traded on multiple platforms.

1. Download InterMundo from the iOS App Store or Google Play Store once it becomes available. (IOS App Store is still in preparation.)

2. Create an account and complete the onboarding process.

3. Capture your own app downloads and upload them to the community.

4. As your referrals join and engage with the app, you’ll earn MMT rewards.

Officials from MetaMundo have stated that they firmly believe that collaboration is the key to cultivating creativity, which is why MetaMundo expects more users to communicate with one another and become active members of the InterMundo community. Additionally stating, “We are delighted to announce the long-awaited release of our revolutionary app, InterMundo. With a passion for revolutionizing how we live, work, and communicate, we invite you to join us on this remarkable voyage towards a better future.”

The long-awaited app InterMundo has finally been released, and it will revolutionize the way people interact with technology, bringing the world closer together and making lives easier. The devoted team of specialists at MetaMundo has spent countless hours developing an app with cutting-edge features, intuitive design, and unparalleled functionality.

About the Company

MetaMundo has been working on a blockchain project for the real estate industry as part of its Proptech business since 2019. MetaMundo has created a meta protocol project and a blockchain cluster in order to transform the virtual asset market and the real estate market at the same time and to build a varied ecosystem.

MetaMundo is rapidly extending access to domestic real estate investment internationally, with a concentration on Korea. It is a safe and transparent real estate investment platform that employs blockchain technology, and it is expected to have a large impact on the real estate market.

For more information and updates on the app launch and airdrop event, visit Metamundo’s website and follow at MetaMundo’s Twitter. Medium and Telegram

Media Contact

Organization: MetaMundo Inc.,

Contact Person: David

Website: https://metamundo.net/

Email: [email protected]

Country: Hong Kong S.A.R.

Release Id: 1306234113

The post MetaMundo has announced the Grand Launch and Air Drop Event for the long-awaited app INTERMUNDO. appeared first on King Newswire.

In this revealing article, we dive deep into the world of real estate investment and the tax strategies employed by industry titans. At the heart of it is the 1031 Exchange, a section of the U.S. tax code that allows investors to defer capital gains taxes on the sale of properties, as long as they reinvest the proceeds into a similar kind of property within a specified period.This strategy, while legal and used by many to foster real estate development, has been leveraged by wealthy investors to continually defer and sometimes completely avoid taxes on multimillion-dollar properties. As we unravel the intricacies of the 1031 Exchange, we spotlight its history, its role in shaping the real estate landscape, and its potential future in light of changing tax laws. We also explore its ethical implications and the ongoing debate about tax reform. Through interviews with tax experts, real estate moguls, and policy makers, we provide a comprehensive understanding of this often misunderstood piece of the tax code, and its profound impact on the world of real estate investment.

Los Angeles, California, United States, 13th Jun 2023 – Unmasking the 1031 Exchange, Real Estate’s Best-Kept Secret

Behind the glitz and glamor of real estate tycoons, there lurks a secret weapon — a strategic tax maneuver called the 1031 Exchange. In this article, we’re pulling back the curtain to reveal how the big dogs in real estate use this tool to enjoy massive tax benefits!

The Magic of the 1031 Exchange: A Primer

The 1031 Exchange, a golden goose for real estate moguls, gets its name from its perch in the U.S. tax code, specifically Section 1031. Since its inception in 1921, it has silently fueled the fortunes of real estate giants.

The 1031 Exchange allows investors to swap one investment property for another, deferring capital gains tax that would otherwise bite into their profits. It’s a legal leapfrog over the taxman!

A Detailed Explanation and Example

One of the most potent tools in the arsenal of commercial real estate investors is the 1031 Exchange. This tax provision allows them to defer capital gains tax and strategically expand their property portfolios.

For a deeper understanding, let’s consider a hypothetical example of a commercial real estate transaction and how the 1031 Exchange can come into play.

Imagine a company (or individual) that purchased a commercial office building in Los Angeles for $20 million in 2020. Over a 5 year period of property appreciation and strategic upgrades, the value of the building soars to $45 million. In 2025, the company makes a decision to sell the property and successfully finds a buyer willing to pay the asking price.

Navigating the 1031 Exchange

To take advantage of the 1031 Exchange after the sale of the Los Angeles office building, the company would have to adhere to a series of stringent IRS rules:

Like-Kind Property: The company would need to invest the proceeds from the sale into a similar type of investment property. In this scenario, that might be another commercial property, such as a retail center, an industrial warehouse, or another office building.

Timelines: The 1031 Exchange process must comply with specific timelines. The company has 45 days from the date of sale to identify potential replacement properties. From the date of sale, they have a total of 180 days to close on the purchase of the new property or properties.

Equal or Greater Value: To fully defer the capital gains tax, the total purchase price of the new property or properties must be equal to or greater than the total sales price of the Los Angeles office building. Furthermore, all proceeds from the sale must be used to acquire the replacement property or properties.

Intermediary Involvement: The proceeds from the sale cannot, at any point, be in the company’s possession or under its control. A qualified intermediary must handle the funds to maintain the validity of the exchange.

By adhering to these rules, the company could defer capital gains tax on the $25 million profit from the sale, and reinvest that capital into another potentially profitable commercial property.

This scenario serves to illustrate the application of the 1031 Exchange within commercial real estate transactions. It’s a strategic business move that offers significant advantages – not only deferring capital gains tax but also potentially diversifying property holdings and accumulating more wealth over time.

The 1031 Exchange: A Standard Among Real Estate Tycoons

Use of this tax strategy isn’t limited to one company or investor. 1031 exchanges are regularly used by companies, investors and high net worth individuals to bolster their real estate holdings.

From luxury high-rise buildings in Manhattan to expansive commercial spaces in San Francisco, the use of high-profile 1031 Exchanges is common among the top tiers of the real estate world.

Controversy Surrounding the 1031 Exchange

Despite its legality, critics decry the 1031 Exchange as a tool that perpetuates wealth inequality, benefiting the uber-wealthy while leaving the average taxpayer in the dust.

As public scrutiny intensifies, lawmakers are eyeing reforms. The 1031 Exchange, for so long the darling of the real estate elite, may soon find itself in the crosshairs.

Conclusion

The 1031 Exchange is no doubt a powerful tool in the hands of savvy real estate investors. Its ability to defer capital gains tax can help you grow your wealth significantly over time. However, successfully executing a 1031 exchange requires understanding its nuances and complying with stringent IRS rules.

If you’re considering a 1031 exchange, it’s essential to get the right guidance to navigate the process successfully. You’ll need to work with a qualified intermediary to manage the funds and ensure compliance with the IRS rules. This is where Universal Pacific 1031 Exchange can help.

As a qualified 1031 exchange intermediary, Universal Pacific 1031 Exchange brings expert knowledge and extensive experience to help you execute a successful 1031 exchange of any size. Whether you’re a seasoned real estate investor or just starting, we can provide the support and guidance you need every step of the way.

FAQs

What exactly is the 1031 Exchange?

• It’s a provision in the U.S. tax code that allows real estate investors to defer capital gains tax by swapping one investment property for another.

Why is the 1031 Exchange contentious?

• Critics argue that the 1031 Exchange exacerbates wealth inequality as it predominantly benefits the very wealthy.

Media Contact

Organization: Universal Pacific 1031 Exchange

Contact Person: Justin Bergman

Website: https://www.universalpacific1031.com/

Email: [email protected]

Contact Number: (424) 469-8111

City: Los Angeles

State: California

Country: United States

Release Id: 1306233980

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Munchen, Germany, 12th Jun 2023 – AIZOME, the innovative textile company dedicated to creating sustainable and eco-friendly products, has launched their latest development in the industry. In a unique move, AIZOME has transformed their textile dyeing waste into a skincare product known as WASTECARE. This development marks a significant step forward in the quest for a circular economy and environmentally conscious practices within the fashion and textile sectors.

Through extensive research and collaboration with aizome masters and scientific experts, founders Michel and Misa May pioneered AIZOME ULTRA, a patented ultrasonic dyeing method that permanently binds medicinal plant molecules to fibres. The result is a collection of luxurious, hypoallergenic, and antibacterial fabrics with vibrant colours and long-lasting health benefits. By utilizing the therapeutic properties of natural dyes derived from plants like indigo, rubia, and sumac, AIZOME’s products facilitate various advantages, including anti-inflammation, antioxidation, regulation of blood circulation, pain relief, and stress reduction.

“AIZOME ULTRA utilizes a natural, timeless resource – plants – as decades of scientific studies show the therapeutic properties of natural dyes,” says Dr Sudeep Motupalli Rao, Head Scientist and Founder of SLOWTECH Labs.

AIZOME has taken their commitment to sustainability and innovation to new heights with WASTECARE. This skincare line utilizes AIZOME’s industrial wastewater, which has been rigorously tested and certified according to strict eco-toxicological and cosmetic safety standards. By transforming waste into a delicate facial serum, AIZOME demonstrates their dedication to repurposing resources and minimizing environmental impact. WASTECARE is crafted and packaged in fully recycled materials, emphasizing AIZOME’s commitment to sustainable practices.

With the launch of WASTECARE, AIZOME sets themselves apart from the greenwashing tactics by large corporations such as Vattenfall in order to encourage genuine sustainability. By sending their skincare demonstration to key opinion leaders and showcasing it at various events, AIZOME aims to form partnerships with designers, manufacturers, and industry leaders, fostering a collective movement towards radically sustainable practices.

“It’s not just about a change in production practices but also a shift in mindset,” emphasizes Michel May, co-founder of AIZOME. “We can keep producing while ensuring a positive impact for people and the planet. That’s the message we’re sending with WASTECARE.”

About the Company – AIZOME (Europa):

AIZOME is a German-Japanese textile startup that creates sustainable, plant-based textiles that prioritize health and well-being. Inspired by the ancient Japanese dyeing method called aizome, AIZOME set out to create textiles that were not only harmless but also beneficial for one’s well-being. Their patented ultrasonic dyeing method, AIZOME ULTRA, ensures that their fabrics retain their vibrant colours and health benefits of the plant dyes. With the introduction of WASTECARE, AIZOME takes a remarkable stride towards circular economy practices by repurposing their industrial waste as skincare.

Learn more: http://aizome-textiles.com/

Media Contact

Organization: AIZOME (Europa)

Contact Person: Shruthi Subramanian

Website: http://aizome-textiles.com/

Email: [email protected]

Contact Number: +49 173 1086395

Address: Ismaninger Str. 7

Address 2: 81675 München

City: Munchen

Country: Germany

 

Release Id: 1206234053

The post Textile Startup AIZOME Launches Wastewater as Skincare, Proving the Health Benefits of their Innovative Dyeing Method appeared first on King Newswire.

MetaMundo announced the launch of their app, Intermundo. Its objective is to improve how people live, work, and interact, and MetaMundo has organized a special event to celebrate the launch.

Hong Kong S.A.R., 12th Jun 2023 – MetaMundo announced the long-awaited grand launch of the innovative app, InterMundo, in a world that prioritizes innovation and technological advancement. Metamundo’s mission is to pave the path toward a brighter future by revolutionizing how people live, work, and connect.

MetaMundo applied Web3.0 Blockchain technology to effectively resolve efficiency, transparency, and fairness issues in the real estate market by linking structural defects and technical problems of projects to real estate and making it simple, convenient, and safe for all participants to own and trade real estate.

App InterMundo service, as a function of the MMT token’s governance and community, offers a variety of utility functions, such as delivering real estate investment information, allowing investors to connect with one another, and voting on the co-investment industry.

MetaMundo’s Launch Event

To further celebrate the launch of Intermundo, MetaMundo has announced a special airdrop event.

Having the airdrop event is a means for Metamundo to show its appreciation to its patient users. Users that take part in the event may be eligible to obtain Metamundo Token-MMT, a cryptocurrency that can be used inside the app’s ecosystem or traded on multiple platforms

1. Download InterMundo from the iOS App Store or Google Play Store once it becomes available. (IOS App Store is still in preparation.)

2. Create an account and complete the onboarding process.

3. Capture your own app downloads and upload them to the community.

4. As your referrals join and engage with the app, you’ll earn MMT rewards.

Officials from MetaMundo have stated that they firmly believe that collaboration is the key to cultivating creativity, which is why MetaMundo expects more users to communicate with one another and become active members of the InterMundo community. Additionally stating, “We are delighted to announce the long-awaited release of our revolutionary app, InterMundo. With a passion for revolutionizing how we live, work, and communicate, we invite you to join us on this remarkable voyage towards a better future.”

The long-awaited app InterMundo has finally been released, and it will revolutionize the way people interact with technology, bringing the world closer together and making lives easier. The devoted team of specialists at MetaMundo has spent countless hours developing an app with cutting-edge features, intuitive design, and unparalleled functionality.

About the Company

MetaMundo has been working on a blockchain project for the real estate industry as part of its Proptech business since 2019. MetaMundo has created a meta protocol project and a blockchain cluster in order to transform the virtual asset market and the real estate market at the same time and to build a varied ecosystem.

MetaMundo is rapidly extending access to domestic real estate investment internationally, with a concentration on Korea. It is a safe and transparent real estate investment platform that employs blockchain technology, and it is expected to have a large impact on the real estate market.

For more information and updates on the app launch and airdrop event, visit Metamundo’s website and follow at MetaMundo’s Twitter. Medium and Telegram

Media Contact

Organization: MetaMundo Inc.,

Contact Person: David

Website: https://metamundo.net/

Email: [email protected]

Country: Hong Kong S.A.R.

 

Release Id: 1206234084

The post MetaMundo has Announced a Special Event to Celebrate the launch of the Long-Awaited App INTERMUNDO. appeared first on King Newswire.

The Korea Recording Industry Association and the Korea Entertainment Producers Association have partnered with Ngramn to promote Korean popular music through gaming. This partnership is expected to increase the global visibility of K-Pop Music and provide diverse Korean content for Hallyu (the Korean Wave).

Korea South, 12th Jun 2023 – In June 2023, under the auspices of the South Korean government, the Korean Recording Industry Association and the Korean Entertainment Producers Association established a partnership with the company Ngramn designed to promote Korean popular music throughout the globe through worldwide gaming. The partnership is anticipated to increase the global visibility of the K-Music Industry.

Ngramn is a game development company established to preserve the natural ecosystem. Beginning with METAQUA, they intend to construct an ecosystem that distributes and integrates games with diverse natural environment themes.

A portion of NGRAMN’s revenues are donated to environmental causes.

Through the game METAQUA, users may grow and learn about different kinds of aquatic creatures in the natural ecosystem, as well as be rewarded and generate profits through the blockchain-based BWE Token.

BWE Token

Beginning with Metaqua, Ngramn intends to develop a game series centered on the Earth’s natural ecosystem and featuring Korean cultural, artistic, and entertainment content. This game series will enable players to experience and appreciate the vibrant culture of Korea. It is anticipated that Ngramn will play a pivotal role in promoting Hallyu by providing a vast array of content.

Ngramn developed its own BWE token that is utilized on the Ngramn gaming platform allowing users to experience an assortment of gaming content. The fusion of gaming and music will provide diverse Korean content through Ngramn, thereby promoting Hallyu (the Korean Wave).

The Korea Recording Industry Association anticipates that the BWE token gaming ecosystem will expand into additional entertainment industries.

The CEO of Ngramn stated, “We believe that K-content has the ability to transcend barriers and reach the hearts of people worldwide. Through this partnership, we’re prepared to promote K-content globally and proceed on this thrilling voyage together,” the partners said.

Ngramn plans to hold a public auction on a worldwide launchpad. This will pique investors’ attention throughout the globe, and they will be able to buy BWE tokens based on Ngramn’s prospective success. Through this public sale, Ngramn intends to raise funds and expand its reach, thereby contributing to the global promotion and distribution of Hallyu content.

For further details and updates on Ngramn and BWE Token follow at https://linktr.ee/Bwe.links

Media Contact

Organization: Ngramn Inc

Contact Person: Jin Kwan Kim

Website: https://ngramn.com/

Email: [email protected]

Address: Seoul Korea

Country: Korea South

 

Release Id: 1206234083

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