Author: King News Wire

  • Pinduoduo Unveiled New Initiative to Deepen Tech For Agri Drive

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    Shanghai, Shanghai, China, 29th Aug 2022, King NewsWire, Pinduoduo, a digital platform connecting millions of farmers and consumers, unveiled a “10 Billion Agriculture Initiative” to facilitate the advancement of agritech, promote digital inclusion, and provide agritech talents and workers with greater motivation and a sense of achievement.

    The plan is to deepen its “Tech for Agri” drive to address critical needs in the agricultural sector and rural areas. Funded by the company last year, the initiative would not be driven by profit or commercial goals.

    The company has made its “Tech for Agri” vision a core priority, with a focus on increasing market accessibility through its e-commerce platform, improving digital inclusion and literacy through tailor-made online training programs, and fostering innovation to deliver a productivity leapfrog by promoting agritech solutions and horticultural breakthroughs.

    Since its beginnings in 2015 as an online fresh produce retailer, Pinduoduo has identified technology as the key to driving efficiency gains and boosting farmer incomes.

    “Technology will unlock the full potential of agriculture and allow the sector to reap the benefits of the digital economy,” said Chen Lei, Chairman and CEO of Pinduoduo. “At Pinduoduo, we champion ‘Tech for Agri’ and promote the use of technology for agriculture.”

    With more than 880 million users, Pinduoduo has grown to become a major digital platform and has helped more than 16 million farmers connect to the digital economy. The company has used the platform’s unique position to solve practical problems that consumers and farmers face.

    Besides advancing the development and adoption of agritech solutions, the “10 Billion Agriculture Initiative” will also seek to help farmers build brands to increase the marketability of their products, and slash food waste across the agrifood supply chain.

    The initiative will also support efforts to foster new talent and innovation in agriculture, and encourage cross-disciplinary research and development into agritech. 

    The company has been organizing annual Smart Agriculture Competitions since 2020 that challenge data scientists and agricultural researchers to develop practical precision farming technology as part of efforts to promote sustainable, innovation-led growth in agriculture.

    Pinduoduo will also continue to train farmers who are generally less tech equipped to gain the right digital skills so that they can enjoy the benefits of the digital economy. The company has trained more than 100,000 e-commerce savvy “New Farmers,” who have gone to inspire others in their communities to follow suit.

    About Pinduoduo Inc.

    Pinduoduo connects millions of agricultural producers with consumers across China. Pinduoduo aims to leverage technology to bring more businesses and people into the digital economy so that local communities can benefit from increased productivity and create value through new market opportunities. For more information on Pinduoduo, please visit the content hub at https://stories.pinduoduo-global.com

    Media Contact

    Organization: Pinduoduo,.Inc.

    Contact Person: Kanghe Cai

    Email: Send Email

    State: Shanghai

    City: Shanghai

    Country: China

    Website: https://stories.pinduoduo-global.com/

    The post Pinduoduo Unveiled New Initiative to Deepen Tech For Agri Drive appeared first on King Newswire.



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  • Mayor of Bontang Basri Rase with officials enjoying various special meals during Membeko Festival 2022

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    Indonesia, 29th Aug 2022, King NewsWire, Membeko Festival 2022, which was held by the Bontang Kuala Village with the community, to celebrate the 77th Indonesian Independence Day, was centered on the Bontang Kuala traditional stage, Saturday (27/8/2022).
    Membeko is a tradition of breakfast for the indigenous people of Bontang Kuala before their activities, in order to keep the body stronger and full of energy.
    This tradition had been lost and had not been implemented for a long time, so it was re-emerged to maintain customs for the next generation.
    “Thank you to Pupuk Kaltim for fully supporting this activity, so that the Membeko Festival can be held in an effort to maintain the customs and culture of the Bontang Kuala people,” said Bontang Kuala Lurah Suiza Ixan Saputro.
    This year’s Membeko Festival presents 25 types of food, consisting of 8 types of Bontang Kuala specialties and 17 side dishes served in 48 trays.
    All meals were held to be eaten with the people present.
    “We encourage this activity to continue, so that the potential of Bontang Kuala as a mainstay tourist destination for Bontang City is growing in attracting tourists,” added Suiza.
    VP of Public Services for Pupuk Kaltim, Sugeng Suedi, said that the company strongly supports the implementation of the Membeko Festival, as a form of the company’s closeness and togetherness with the community.
    This is also Pupuk Kaltim’s step in encouraging freezing as a tradition that must be maintained, so that it can continue to be sustainable and develop into the mainstay potential of the Bontang City tourism sector.
    “This is also a form of Pupuk Kaltim’s active role in preserving cultural customs, as the wealth and local wisdom of Bontang that must be preserved,” said Sugeng.
    Bontang Mayor Basri Rase, said that the government is very supportive of making the festival an annual agenda, to develop tourism potential as well as to encourage Bontang as a center for MSMEs in East Kalimantan.
    Moreover, the Bontang City Government has signed a collaboration with the Ministry of Tourism and Creative Economy regarding the development of tourism potential, as a form of regional readiness to welcome IKN which will be implemented through synergy and collaboration with various parties.
    “This is an effort to support Bontang’s readiness to encourage the tourism sector and MSME centers in East Kalimantan, by prioritizing local potential as an advantage,” said Basri.

     

    Media Contact

    Organization: Pupuk Kaltim

    Contact Person: Suiza Ixan Saputro

    Email: Send Email

    Country: Indonesia

    Website: https://www.pupukkaltim.com/

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  • The newly launched $RBTR from RBTR Token alters the perceptions of cryptocurrencies.

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    London, United Kingdom, 28th Aug 2022, King NewsWire, The recently released Arbitrage Robot Token from RBTR Token complements the firm’s arbitrage trading services. It offers excellent chances for crypto arbitrage traders to try out the brand-new trading style in cryptocurrency.

    Due to market imbalances, it is uncertain which one can or maybe more profitable. Still, we can anticipate less friction in techniques on Web 3.0 platforms because of the high fees for moving investments between centralized exchanges.

    Users must pay $1 $RBTR to receive an arbitrage signal and the associated details; they will then receive the arbitrage details. Alternatively, traders can subscribe using monthly, quarterly, or lifetime plans and continue to use the platform for free after that.

    Users must own Arbitrage Robot Tokens to use the platform and the arbitrage trading system created by RBTR Token. Users have a choice between two options for “Exchange arbitrage.”

    1. A web 2.0 arbitrage that only takes advantage of the opportunities in centralized exchanges and
    2. The only imbalances that a web 3.0 option will look for are those in decentralized exchanges.

    Clients can take advantage of these opportunities manually or by purchasing their arbitrage trading engine, which comes with their unique Arbitrage Robot Token. If a user selects manual arbitrage, he will receive the necessary information and perform the arbitrage manually. However, if he chooses an automatic arbitrage, the able-to-trade engine will handle everything, and following the completion of the arbitrage, the user will receive the arbitrage results.

    Additionally, users can exchange $RBTR tokens for stablecoins by using the arbitrage trading platform RBTR Token offers (e.g., USDT, USDC, etc.). The users can start arbitrage with less expensive fees by using the crypto assets in their accounts.

    There are 1,000,000,000 tokens in the whole supply of the unique $RBTR. 20% of the tokens will be made available through ICOs and private sales. The following are the tokenomics for a $RBTR in Arbitrage Robot Token:

    • The founders and team: 15%
    • 10% for private sales
    • Public auction: 20%
    • Platform bonuses and earnings: 20%
    • 25% liquid asset pool
    • 10% for airdrops and stake rewards

    Tokens belonging to the team and founder will be locked for one year first, then unlocked over three years to ensure that the community receives rewards and profits.

    To maximize profits from arbitrage trading, traders and investors must act quickly to spot price discrepancies in the crypto exchange and make transactions between them. The use of a crypto exchange bot by holders is crucial.

    Investors and traders can profitably buy low and sell high among crypto exchanges thanks to RBTR Token’s Arbitrage Robot Token. The platform aims to offer instantaneous and risk-free daily revenues from market fluctuations through the integrated auto trading bot.

    Prospective clients must visit the website to garner further information about the RBTR Token.

    Media Contact

    Organization: RBTR Token

    Contact Person: Pasha Ivanov

    Email: Send Email

    Address 1: Location: 85 Great Portland Street, London, United Kingdom

    City: London

    Country: United Kingdom

    Website: http://rbtr.info/

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  • Free Mint Event Open at Tutti Frutti Women to Support Women Fighting Against Cancer

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    United Kingdom, 28th Aug 2022 – To celebrate women who are fighting against cancer, Tutti Frutti Women (TFW) has launched a unique Free NFT Mint event where winners will get to freely mint a beautiful collection of 10K NFTs. The event is currently live with a limited number of users who can enter the raffle to win a free mint NFT. Only 5,000 users can register and it will end on September 20, 2022. Each winner will get the opportunity to mint one free NFT, and also earn a host of other goodies, including a free raffle. Tutti Frutti will donate 10% of the sales to a women’s cancer support organisation.

    Tutti Frutti Women is pleased to present its unique collection of 10k NFTs in support of women cancer fighters. The private mint day is on 22nd September 2022 (free) and the public mint day is on 23rd September 2022. The NFT collection will be minted as ERC721A tokens, and the artworks will be stored securely on IPFS. 

    “All of us felt that it was time to show solidarity with women suffering from cancer and its effects. At Tutti Frutti Women, we are willing to give up our hair and remind the world that what matters is a positive mind, and that we are all beautiful and strong from within,” said a spokesperson.

    According to WHO, there were 8.8 million cancer cases among women worldwide as of 2020. Women who suffer from cancer go through challenges on every front, be it mental, emotional or physical. On the bright side, as per EU Commission DG Health & Food Safety, 40% of cancer cases can be prevented, and cures are possible on early detection and treatment.

    NFT holders of Tutti Frutti Women will not only create value for society but also earn some well-deserved benefits for themselves. These include free NFT giveaways from budding female artists, WL from various NFT projects and much more to empower them. They may even get an opportunity to apply for a fund for cancer screening. 

    The most important aspect of the event is that it will help to serve society in some way and create awareness regarding cancer. Apart from the scheduled donation, a fund will be created for the holders or a family member who suffers from cancer. In addition, an exclusive raffle of $30k is also on the cards for the Tutti Frutti NFT holders once the minting is over.

    The project will be conducted extensively in 3 phases. The first phase will be the launch of Tutti Frutti Women. The second phase will include a unique 3D collection of NFTs reserved exclusively for Tutti Frutti NFT holders, and the third and the most exciting phase will take place in the Metaverse. The activities for the third phase will be revealed during phase two. 

    Founded by Andre, who is a cancer advocate and an experienced ICT industry professional, Tutti Frutti Women is a collection of 10,000 unique NFTs, some rare, some legendary and some randomly generated from a combination of 170 plus traits. The project stands in solidarity with women’s empowerment and the fight against cancer and aims to raise cancer awareness. 

    Enrol for the TFW NFT mint event: https://app.heymint.xyz/free-mint-tutti-frutti-women

    For more information, please visit:  https://www.tuttifruttiwomen.art/

    Twitter: https://twitter.com/tfw_nft

    Discord: https://discord.gg/jW57CHt5f8

    Media Contact

    Organization: Tutti Frutti Women

    Contact Person: Andre

    Email: Send Email

    Country: United Kingdom

    Website: https://www.tuttifruttiwomen.art/

    The post Free Mint Event Open at Tutti Frutti Women to Support Women Fighting Against Cancer appeared first on King Newswire.



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  • Nascent Biotech – Changing the Biotechnology Industry

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    Vero Beach, Florida, United States, 28th Aug 2022,  Nascent Biotech is an up-and-coming Biotech industry leader that has developed a proprietary product by the name of Pritumumab (PTB). Pritumumab is an antibody—that naturally occurs within humans—that has been isolated and derived by Nascent Biotech using a groundbreaking contemporary biotechnological framework. Pritumumab has large potential in the cancer industry and can be used in cancer treatment. 

    The global brain tumor drug market accounted for ~$3.5 billion in 2022, with a projected growth rate of 7.2%. Biotechnology companies play a pivotal role in our everyday life and have all increased in importance and value following the global shift of COVID-19. Companies such as Nascent Biotech have the ability to eat up a large portion of the market share with their modern techniques and products in the cancer-fighting arena. 

    In a statement from Nascent Biotech CEO Sean Carrick, he discusses the current position of Nascent Biotech, and its future potential: “The company is moving forward as expected with our phase I clinical trial. In the process, we are learning a lot about ​​Pritumumab. We believe that, as we progress forward with phase I clinical trails and move into phase II, achievement of our milestones will drive significant value to the company and the shareholders.” With the Pritumumab trials moving forward, now appears to be the perfect time to get a piece of the pie, before the company expands rapidly.

    On top of this, the Biotech sector is one of the healthiest and strongest sectors in the modern market. It appears that the sector is going to be growing rapidly in the coming months and years. Investors should explore this area, as it appears to be a very good look to invest in early. Following the current market trends, this stock has the potential to reach $3 per share once the trials go into phase II of the clinical trials, and even more following that. 

    ABOUT NASCENT BIOTECH

    Nascent Biotech, Inc. (OTCQB:NBIO) is a clinical-stage biotech company pioneering the development of monoclonal antibodies to be used in the treatment of various cancers and viral infections, helping millions of people worldwide. Its products are not commercially available. For further information please visit our website www.nascentbiotech.com. Our lead candidate, Pritumumab (PTB), is a monoclonal antibody (Mab) that will be studied in Phase I clinical trials for the treatment of Brain Cancer. Development for PTB as a treatment for COVID-19 is being researched.

    For further information please visit our website www.nascentbiotech.com

    Media Contact

    Organization: Nascent Biotech

    Contact Person: Alex Jackson (Analyst)

    Email: Send Email

    State: Florida

    City: Vero Beach

    Country: United States

    Website: http://www.nascentbiotech.com/

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  • Pinduoduo initiated the “Tech for Agri” campaign using technology to drive agricultural modernization.

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    Pinduoduo is an online platform that connects millions of farmers and consumers directly through its interactive e-commerce platform. Recently, the platform has initiated a “Tech for Agri” campaign using technology to drive agricultural modernization.

    Shanghai, Shanghai, China, 27th Aug 2022, King NewsWire, Pinduoduo, the internet platform that connects millions of farmers and consumers directly through its interactive e-commerce platform. In the recent expansion, the company has started its “Tech for Agri” effort in using technology to drive agricultural modernization. Also, Pinduoduo leverages technology to promote and enable the traditional agriculture industry.

    Pinduoduo has identified technology as the key to driving efficiency gains and boosting farmer incomes as an online fresh produce retailer. The campaign “Tech for Agri” focuses on the following factors:

    1. Increasing market accessibility through its e-commerce platform,
    2. Improving digital inclusion 
    3. Improving literacy rate through suitable online training programs, 
    4. Fostering innovation to deliver a productivity leapfrog 
    5. Promoting Agritech solutions and horticultural breakthroughs.

    “Technology will unlock the full potential of agriculture and allow the sector to reap the benefits of the digital economy,” said Chen Lei, Chairman and CEO of Pinduoduo. 

    He further mentions,

    “At Pinduoduo, we champion ‘Tech for Agri’ and promote the use of technology for agriculture.”

    Moreover, Pinduoduo has developed a comprehensive suite of online courses to teach farmers how to start and grow their online businesses. The program ensures that farmers who are generally less tech equipped have the right digital skills and enlarges the talent pool for agriculture. Pinduoduo explores how to fundamentally drive the productivity of agriculture while reducing its impact on the environment through researches.

    The company has been organizing annual Smart Agriculture Competitions since 2020 that challenge data scientists and agricultural researchers. It develops precision farming technology as part of efforts to promote sustainable, innovation-led growth in agriculture. The current competition edition involves a vertical farming challenge, where participants can gain first-hand experience of agricultural production.

    About Pinduoduo Inc.

    Pinduoduo was founded in 2015. It connects millions of agricultural producers with consumers across China. Pinduoduo leverages technology to bring more businesses and people into the digital economy so local communities can benefit from increased productivity and create value through new market opportunities. 

    For more information on Pinduoduo, visit https://stories.pinduoduo-global.com.

    Media Contact

    Organization: Pinduoduo,.Inc.

    Contact Person: Kanghe Cai

    Email: Send Email

    State: Shanghai

    City: Shanghai

    Country: China

    Website: https://stories.pinduoduo-global.com/

    The post Pinduoduo initiated the “Tech for Agri” campaign using technology to drive agricultural modernization. appeared first on King Newswire.



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  • RBTR Token announces the date of its upcoming Airdrop with a $100 RBTR token

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    RBTR Token is an arbitrage trading platform for cryptocurrency users. The company recently announced the Airdrop, in which holders could receive a $100 RBTR token.

    London, United Kingdom, 27th Aug 2022 (Press Release Distributed by King Newswire) –  RBTR Token is an arbitrage tool that enables users to trade digital currencies profitably between two cryptocurrency exchanges. In a current advancement, the company unveiled the AirDrop, which includes incentives like a $100 RBTR token.

    RBTR Token offers a risk-free profit from exchange price differences to arbitrage traders. In Coinmarketcap, more than 200 cryptocurrency exchanges are listed. There can be a price discrepancy when cryptocurrencies are listed on different exchanges. The company’s exclusively launched Arbitrage Robot Token enables arbitrage trading by buying cryptocurrency from an exchange at the lowest price and then selling it at the highest price.

    RBTR.info monitors the cryptocurrency prices on different exchanges in search of arbitrage profit opportunities. It will automatically acquire cryptocurrency from the exchange with the lowest price after determining profitability and sell it to the exchange with the highest price. Successful deals will deposit winnings into the user’s balance. 

    Due to the restricted number of arbitrage opportunities and their frequency—which can be as few seconds—a user’s chances of success in an arbitrage trade without the aid of a robot are slim. Also, Arbitrage Robot Token is available as an open-source project on Github.

    Additionally, With the certificate number 14163478 and identification number 20221683166, the Arbitrage Robot Token limited liability corporation is officially registered. 

    About RBTR Token

    RBTR Token entails arbitrage trading with purchasing low and trading away between two cryptocurrency exchanges. Arbitrage Robot Token is designed according to the arbitrage trading process and requirements. 

    To learn more about the program and its evolving arbitrage trading process, prospective users and committed cryptocurrency traders must visit the following links.

    Website | Twitter

    Media Contact

    Organization: RBTR Token

    Contact Person: Pasha Ivanov

    Email: Send Email

    Address 1: Location: 85 Great Portland Street, London, United Kingdom

    City: London

    Country: United Kingdom

    Website: http://rbtr.info/

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  • Hummus Exchange embarks on its journey on Metis Marathon with a newly launched program.

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    Miami, Florida, United States, 27th Aug 2022, The Hummus Exchange protocol is a next-gen single-side AMM (decentralized exchange) designed for exchanging stable cryptocurrencies (USDT, USDC, DAI) on the Metis blockchain. In the recent expansion, the company announces that Hummus is joining the Metis Marathon with over $2 million in Metis incentives for their growing community.

    The protocol is implemented as a set of smart contracts; designed to prioritize the following features:

    1. Censorship resistance, 
    2. Security,
    3. Self-custody, and 
    4. Maximum capital efficiency. 

    Hummus features single-token provision, eliminating impermanent loss risk for liquidity providers and ultra-low slippage for traders.

    Hummus is joining the Metis Marathon as the significant Automated Market-Maker (AMM) on the Metis Andromeda network, offering stablecoin swaps with low slippage and minimal fees and boosting the staking yields, all packaged in a simple UI. The founder of Hummus Exchange expressed his views about the recent development of his company,

    “The Hummus Exchange team is ecstatic and humbled to be part of the Metis Marathon, and we are proud to contribute to the rapid growth of the entire Metis ecosystem.” 

    Over the next six months, through its participation in the Metis Marathon, the Hummus Exchange will keep supplying METIS token rewards to users who provide liquidity to pools on the Hummus Exchange that support the Metis ecosystem. These incentives will keep fostering the Total Value Locked (TVL) growth of the protocol and the entire network.

    Moreover, it is imperative to note that users can already earn rewards on the Hummus Exchange by depositing tokens in its flexible liquidity pools and boosting those rewards by staking their native tokens on Hummus Exchange.HUM tokens to generate veHUM tokens over time.

    Furthermore, METIS rewards will incentivize users to provide more liquidity in their stablecoin pools, thereby boosting yields across the protocol. Increased TVL will, in turn, reduce slippage even further, thereby driving up the volume. That increase in volume feeds back to veHUM token holders via an airdrop of METIS tokens, thus creating a flywheel. Interested users can read more about the project here.

    About the Metis Marathon

    MetisDAO Foundation has announced the Metis Marathon, a 26-week-long builder incentive program that aims to incentivize a fierce development of the Metis ecosystem. Besides introducing some of the Top DeFi protocols by TVL to our ecosystem, the Marathon will also help create a native powerhouse by directly incentivizing some of Metis’ most innovative native dApps.

    About Hummus Exchange

    The Hummus Exchange protocol is a single-side and decentralized AMM designed for exchanging stable cryptocurrencies on the Metis blockchain.

    Users can swap stablecoins on the Hummus Exchange with low slippage and fees. They can also stake stablecoins to generate yield and stake HUM tokens to boost that yield.

    Potential holders and determined crypto enthusiasts must visit the following links.

    TwitterDocsTelegramWebsite

    Media Contact

    Organization: Hummus Exchange

    Contact Person: Elliot Rolvink

    Email: Send Email

    State: Florida

    City: Miami

    Country: United States

    Website: https://www.hummus.exchange

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  • RBTR Token releases the Airdrop with a 100 Dollar RBTR token

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    London, United Kingdom, 26th Aug 2022, King NewsWire, RBTR is an arbitrage tool that enables users to trade digital currencies profitably between two cryptocurrency exchanges. In a current advancement, the company unveiled the AirDrop, which includes incentives like a $100 RBTR token and a free license for three months of an arbitrage robot. 

    RBTR Token offers an immediate risk-free profit from exchange price differences with its Auto Crypto Arbitrage Robot. In Coinmarketcap, more than 200 cryptocurrency exchanges are listed. There can be a price discrepancy when cryptocurrencies are listed on different exchanges. Arbitrage is buying cryptocurrency from an exchange at the lowest price and then selling it for a profit at the highest price.

    The Arbitrage Robot monitors the cryptocurrency prices on different exchanges in search of arbitrage profit opportunities. It will automatically acquire cryptocurrency from the exchange with the lowest price after determining profitability and sell it to the exchange with the highest price. Successful deals will deposit winnings into the user’s balance. 

    Due to the restricted number of arbitrage opportunities and their frequency—which can be as few seconds—a user’s chances of success in an arbitrage trade without the aid of a robot are slim. RBTR Token is available as an open-source project on Github.

    Additionally, the platform has announced that users can access it for free for 30 days. With the certificate number 14163478 and identification number 20221683166, the RBTR Token limited liability corporation is officially registered. 

    Consequently, Arbitrage Robot offers the auto trading bot platform, making it convenient to take advantage of arbitrage possibilities. The site has a built-in bitcoin trading bot to take advantage of arbitrage trading and provide users with a quicker approach to making money.

    About RBTR Token

    RBTR Arbitrage Token entails arbitrage trading with purchasing low and trading away between two cryptocurrency exchanges, but it can be challenging for investors and traders to seize opportunities without bots. Users can switch the framework from an algorithmic trading bot to manual buying and selling by logging into the customer panel, selecting the manual alternative, and then clicking.

    To learn more about the program and its evolving trading bots, prospective users and committed cryptocurrency traders must visit the following links.

    WebsiteTwitter

    Media Contact

    Organization: RBTR Token

    Contact Person: Pasha Ivanov

    Email: Send Email

    Address 1: Location: 85 Great Portland Street, London, United Kingdom

    City: London

    Country: United Kingdom

    Website: http://rbtr.info/

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  • Jean François Desormeaux invests in Canadian real estate

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    Montréal, Canada, 26th Aug 2022,  While the weak dollar has been blamed for the recent decline in Canadian commercial real estate investment, Chinese-Canadian investors currently dominate. While Asians have traditionally bought smaller homes in Vancouver, they are increasingly buying more significant and expensive homes across Canada. So far this year, Chinese and Hong Kong buyers have spent $1.3 billion on commercial real estate, up from $309 million last year.

    This is where Jean François Desormeaux comes in to invest in Canadian real estate. Seeing that the economy should grow in the coming years, boosting commercial real estate performance, he placed his bets. His company specializes even more than ever in these very commercial spaces.

    “In a good economy, commercial real estate is in high demand in Canada. Customers expect fast shipping from online retailers, so they build fulfillment facilities in Canada. says Jean-François Desormeaux, CEO of IdealFinance.

    Indeed Jean-François Desormeaux is a dynamic entrepreneur with relevant experience in representation and management. His strengths lie in sales, market development and the evaluation of business opportunities. This is also where he comes in.

    His team has substantial knowledge of maintenance costs, the renovation budget, the management of professionals (to ensure that deadlines are met), and the study of the project’s profitability. Its rental team accompanies new tenants from the first visit, from signing to handing over the keys.

    “With a projected 1.2 million newcomers to Canada over the next three years, the demand for space in major urban centers is likely to increase. More than 60% will be economically qualified so they will look for a space close to their job. Moreover, even if interest rates increase across the country, they will remain stable in certain regions. In other words, the Canadian commercial real estate market is booming,” adds Jean-François Desormeaux.

    Jean François Desormeaux suggests that commercial real estate is ready for expansion, despite the current crisis climate in the markets. The supply/demand balance will continue to favour occupants, and additional sums will be attracted towards commercial real estate debt in the coming years. This activity will be driven by several significant developments in 2022 despite the bearish mood that people expect.

    “It’s a no-brainer, vacancy rates fell across all core commercial sectors, including office space, during the fourth quarter of 2021, but rents remained consistent. Vacancy rates have decreased in all core commercial sectors, including office space,” noted Jean-François Desormeaux.

    Media Contact

    Organization: Landev

    Contact Person: Media Relations

    Email: Send Email

    City: Montréal

    Country: Canada

    Website: https://landev.land/

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