Category: News

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Paris, 9th April, 2021, ZEXPRWIRE, POLYGON / MATIC  —  Graphlinq (GLQ) Partnership

Polygon announced today on their twitter & telegram that they’re partnering up with Graphlinq on multiple grounds. Graphlinq will be utilising Polygon for Layer 2 solutions to save on huge gas fees and on the other hand will add support for Polygon on their IDE, Engine & Analytics platform.

What is a layer 2 solution, and how will it help Graphlinq Protocol?

Layer 2 is a collective term for solutions designed to help scale an application by handling transactions off the main Ethereum chain, to execute them on the Polygon chain.

GraphLinq Protocol will host its layer two solutions over the Polygon chain to optimize the efficiency of execution costs & the average time of transactions per second: Polygon block time is 2 seconds and the average transaction fee is $0.00004 which is exactly what we need to run our service efficiently.

GraphLinq’s native asset, GLQ uses a deflationary framework for maintaining the state of the graphs running over the Engine network from our interface at app.graphlinq.io, as for users to pay fees based on the graph execution cost, they need to deposit some GLQ on the cloud contract balance which are used to run and “fuel” blocks executions.

The current cost for only one deposit or withdrawal from the cloud contract balance with the current ETH network (based on a gwei price at 153) is approximately ~$15.65, while users would now have to pay only a fraction of that price to do the same actions over the Polygon chain.

To make that possible from the native GLQ token, Polygon created a mapping system to “Bridge” our ERC-20 version to the Matic mainnet -> check out their mapping system. 

This lets you swap the ETH version for the GLQ token on Matic (reversible)

GLQ Matic token is already deployed on the Matic Chain and can be swapped from your matic wallet at wallet.matic.network 

Explorer URL : explorer-mainnet.maticvigil.com/tokens/0x0CfC9a713A5C17Bc8a5fF0379467f6558bAcD0e0/

View of the interface from wallet.matic.network bridge

Graphlinq will also integrate the Polygon chain into our Engine and IDE to create connectors, events, and live information from the chain activity which may expand their audience and possibilities!

Development roadmap as part of the partnership between Polygon / Matic & Graphlinq Protocol:

– Deployment of the GLQ bridge Token over Matic

– Upgrading our cloud contract balance to Polygon network and updating our front app 

– Adding on an interface a direct overview to swap token from ETH to Polygon

– Developing GraphLinq staking smart-contract and releasing their interface 

– Integration of polygon connectors over the Engine / IDE to give real-time events from Polygon chain in graphs 

– Giving real use case example of graphs to actually visualize data and do automated tasks from Polygon chain 

– Adding support for polygon as part of Graphlinq partner in the analytics interface to give data visualization from Polygon datas

SMARTDEX (On Polygon Chain — GLQ PARTNERSHIP

A new and incredible project for decentralized trading just came out on the Polygon chain known as smartdex, powered by Autonio. They are rethinking the way of making DEX trades and farming/staking pools on AMM protocols.

Graphlinq now has their own GLQ token over the Polygon chain, so it will give more possibilities to the community to profit from their activities and be able to trade on smartdex.

GraphLinq will also be hosting a farming pool with rewards that will be soon announced with more details from the smartdex team that will be available on swap.smartdex.app/#/farm

GraphLinq will also include blocks in the Engine and on the IDE to create bots to watch pairs and monitor liquidity on smartdex (like Graphlinq did for Uniswap and other AMM protocols). 

– Polygon GLQ token hash: 0x0CfC9a713A5C17Bc8a5fF0379467f6558bAcD0e0

– Ethereum GLQ token hash: 0x9f9c8ec3534c3ce16f928381372bfbfbfb9f4d24

Join Graphlinq Telegram & Polygon Telegram Community

Follow Graphlinq on Twitter & Polygon on Twitter

Media Contacts –
Contact Name: Rishabh Anand CMO
Organization name: GraphLinq
Address: Paris France
Email: [email protected]
Website URL: graphlinq.io

The post Polygon (Matic) Announces Their Official Partnership With Graphlinq Protocol appeared first on Zex PR Wire.

Delaware, United States, 9th April 2021, ZEXPRWIRE – Social media has reshaped the digital landscape, yet people worldwide feel more disconnected than ever. The big giants have all innovated successfully, but constant monetization efforts for the sake of corporate profit have done away with interpersonal connections, and have therefore transformed the user into the product. 

Omni are taking this concept and making it a thing of the past by creating a true alternative to today’s social media platforms. Omni will introduce a holistic, user-focused ecosystem that rewards engagement and forges new connections between users. Omni combines the best features available today in the social media world into a singular app suitable for messaging, streaming, sharing, and interacting with content and its creators. This is all packaged nicely with market-leading gamification that yield the user profit linked to the performance of the company in the form of OMNI coins. 

Announcing the Omni Whitepaper

As Omni is getting closer to reaching its goal of building genuine online communities, the platform has now released its much-anticipated whitepaper.  A quick read will unveil Omni’s immense value proposition and its bid to help users regain control over their online interactions. 

Whitepaper readers will come to learn more about Omni’s blockchain-based revenue-sharing model. In brief, each interaction via the mega social media app will yield OMNI coins, which can be redeemed within the app at a rate directly correlated with company profits. Earning OMNI is simple, and happens passively, while users do the things they already do on a daily basis, like following a post, sharing statuses, building connections with new friends, or live streaming.  

Valuable information on OMNI’s tokenomics is also provided, with readers learning more about long-term value growth sustainability for the native token. Relevant know-how on the usage of investment funds, as well as plans on DEX listings and Omni’s marketing strategy are also provided.  

The whitepaper’s rewards structure shows how engagement efforts will be converted into redeemable coins which can be sold back to the company in exchange for profits. Loyal users will be rewarded generously, whereas content creators will obtain fair revenue shares in exchange for their hard work. 

The whitepaper goes on to showcase Omni’s ambitious plan to become a true alternative to the big social media platforms, infamous for forgoing user experience in hopes of attaining higher profits. With focus being placed on providing an user experience that’s beyond immersive, Omni’s whitepaper unveils what social media should be all about. 

Readers will also discover Omni’s plans for NFT integrations. In a nutshell, content creators are enabled to easily transfer or license ownership of their works. By integrating NFTs within its value proposition, creators worldwide will fairly and transparently earn royalties within Omni’s social ecosystem. Combined with the revenue-sharing incentive via the OMNI coins, the social media game is transformed into actual revenue streams.

Unveiling Omni’s Social Features

Omni is serious about its goals of reshaping the social media industry. As such, Omni’s whitepaper proposes multiple features, including secret chats, ecommerce capabilities, channels, viral content, dub & duet integrations, and more. While such features are normally accessible via multiple social media apps, Omni combines them within a single interface, building a seamless user experience. 

As shown in the whitepaper’s section on user data security and privacy, user interactions like messages remain accessible only to the intended recipients. Omni does not snoop into everyone’s private affairs, but rather breeds unparalleled engagement with family, friends, brands, content creators, and more. 

About Omni’s Total Addressable Market

By this point, Statista reports that 3.6 billion people used social media in 2020, with the number expected to grow beyond 4.41 billion in 2025. With millions of hours spent browsing feeds on a daily basis, Omni can expect a huge inflow of users, content creators, and brands over the next few years. The app’s potential is virtually limitless, as it retains everything that’s great about social media, yet drops anything that users dislike. This is deeply discussed in the whitepaper section tackling market analysis and the competitor landscape. 

With these aspects in mind, Omni bids farewell to cumbersome user interfaces, lack of synergy, invasive ads, and privacy concerns by setting new standards in the social media industry. It’s finally time to welcome genuine user engagement powered by gamified incentives, with sufficient features to serve as a true competitor for today’s social media giants. 

Don’t be a product of your environment. Make your environment your product. Check out the Omni website today to learn more at omni.ai

Join the community on Telegram: https://t.me/omni_app

Media Contact Details 

Contact Name: Bitcoin PR Buzz Press Team

Contact Email: [email protected] 

About Bitcoin PR Buzz: Bitcoin PR Buzz has been proudly serving the crypto press release distribution needs of blockchain start-ups for over 8 years. Get your Bitcoin Press Release Distribution today.

Omni is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

The post Omni.ai Releases Whitepaper for Alternative All-Inclusive and Revenue-Sharing Social Media Platform appeared first on Zex PR Wire.

Southampton Football Club extended its partnership with blockchain advocate Coingaming Group for 3 years, with a record breaking sponsorship deal. 

Tallinn, Estonia, 9th April, 2021, ZEXPRWIRE, — Southampton Football Club is pleased to announce that it has agreed to extend its partnership with the Coingaming Group as Main Club Partner for a further three years in a deal that will see their brand, Sportsbet continue as the club’s front-of-shirt sponsor.

Bitcoin Bonuses 

The deal is the biggest sponsorship agreement in the club’s history and also includes the option for the club to be paid certain performance-based bonuses in Bitcoin at the end of each season, allowing the club the opportunity to take advantage of the new, high-growth currency if it feels it will bring significant future benefits.

Positive Community Impacts 

This partnership will allow Sportsbet to continue to build on the strong relationship it has built with the club and its supporters in the last year. Since becoming Main Club Partner in August 2020, when they stepped in at short notice to take over the front-of-shirt sponsorship, they have worked tirelessly with the club to create a positive impact in the local community and highlight the importance of safe betting – a duty they take extremely seriously.

This work has included their ‘Listen To The Saint In You’ campaign that was launched during Safer Gambling Week, linking up with a number of Saints players to encourage fans to consider the risks before placing a bet.

Southampton FC Chief Commercial Officer, David Thomas commented:

“The team at Sportsbet.io have built a successful business by challenging convention and disrupting the market, but in a responsible way, and their approach to our partnership with them has been no different. 

“In a short timeframe they’ve proven to be innovative, forward thinking and extremely supportive of the club, our fans and the wider community, and we’ve welcomed the opportunity to develop and promote safe gambling messages together. As such they have become valued partners and we look forward to the next chapter together”

Sportsbet have also played a key role in the club’s launch of the Positive Impact Pledge, which enabled start-ups and entrepreneurs to apply for grants to help launch their businesses during the Covid-19 pandemic.

Raising Awareness Through Philanthropy 

Most recently Sportsbet also donated their shirt sponsorship to the Saints Foundation for the Premier League match against Burnley to help drive awareness of the Foundation’s fundraising efforts as they aim to raise vital funds lost due to the pandemic. This gesture alone helped the Foundation raise thousands of pounds on the day, a figure that was topped up by Sportsbet.io, who very generously donated an additional £10k.

CEO of the Coingaming Group Maarja Pärt, added:

“Our first season as Southampton FC’s Main Club Partner has already exceeded all expectations. We’ve been inspired by the passion of the club and its fans, and it was an easy decision for us to extend our partnership with the Saints for another three years.

“From the beginning, Southampton have been a perfect match for the fun, fast and fair way we do things at Sportsbet.io. We can’t wait to continue this journey with the Saints, and we’ll be doing everything we can to support the team and its community into the future.

Following their short notice appointment as the front-of-shirt sponsor for Southampton FC, Sportsbet have impressed with the hugely positive impact that they have had on the brand and its community. As a result, the Premier League team are happy to extend its partnership with the blockchain innovator until at least 2024

For more information about Sportsbet.io, please visit — sportsbet

Learn more about Coingaming — coingaming

Media Contact Details

Contact Name: Bitcoin PR Buzz Press Team

Contact Email: [email protected]

Sportsbet is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

About Bitcoin PR Buzz: Bitcoin PR Buzz has been proudly serving the crypto press release distribution needs of blockchain start-ups for over 8 years. Get your Bitcoin Press Release Distribution today.

The post Southampton FC Extend Partnership Deal with Blockchain Leader The Coingaming Group appeared first on Zex PR Wire.

NY, USA, 9th April 2021, ZEXPRWIRE – Crork SEO Agency launched a brand new service USA Local SEO Package. The agency has been on the SEO market for 10 years and provides dozens of services for internal and external SEO optimization. On the company’s website, you can find ready-made packages created by SEO specialists, or you can assemble your own package, based on the links and types of services that are necessary for you and your website. The price for services starts at $3 and will suit any budget. 

The main feature of Local SEO is the search results format. When entering local queries, or keywords including the words “near me” or the name of a city, we will see a block with a map and cards of organizations and only then the rest of the organic search results. To get a better chance of being seen by your potential customers, in addition to registering in Google My Business, you need to use other promotion methods, including backlinks from local resources.

Local citation is very useful not only for website promotion in search of a regional scale. Such links also increase the number of customers of the company, which is often referred to on the web. With the expansion of the number of local links, you can increase the weight and rating of your resource, as well as become more noticeable on the maps of search engines. Even the Google search engine has such a concept as local site ranking. This rating reflects the popularity of the company in a particular region, which is vital for companies whose activities are carried out in a specific city, state, or country.

Local SEO Package from Crork differs significantly from similar ones on the market, because all resources on which links are placed have a high domain authority, were manually selected by SEO optimizers, and thoroughly tested. Professional copywriters create a unique description for each directory and each link is created manually. The base of source sites includes more than 50 high-quality domains registered and operating in the USA.

If you are not sure whether this service is suitable for your site or the sites of your clients, use the free consultation option and write a message to the technical support on the agency’s website. All questions and messages are considered individually and you will receive a detailed answer and a promotion plan.

About Crork SEO Agency:

Crork SEO Agency for more than 10 years offers professional SEO services worldwide. The agency includes departments of SEO optimizers, copywriters, marketers, designers and developers, therefore you can entrust to them the complex promotion of your website on the internet.

Media Contact

Name: Nick Alman
E-mail: [email protected]
Phone: +13472748777
Company: Crork SEO Agency
Country: USA
Website: http://crork.com/

The post Cork SEO Agency launched new service – USA Local SEO Package appeared first on Zex PR Wire.

Indianapolis, 8th April 2021, ZEXPRWIRE – In 2018, recording artist Kid Quill from Indianapolis, IN could be seen wearing a pair of Nike Air Force 1s every night for months on end. But these weren’t an average pair as they were camouflaged in signatures from thousands of fans from his first tour.

Fast-forward to 2021, artists still aren’t performing due to COVID-19, but Quill is keeping his touring roots alive in spirit with his first NFT (non-fungible token). On Friday, April 9, a 3D model of those signed shoes will be auctioned off as an NFT.

In addition, this NFT is incentivized with a lifetime backstage experience attached to it. The rules being that the present owner of the NFT will receive a private, backstage meet & greet redeemable once per tour.

“NFTs are an intriguing concept just as a standalone piece, so to incorporate a real life element alongside it I think can be very powerful and make it more valuable to people on the fence about getting into the crypto world.” Quill said.

On the tour that consisted of fans signing the AF1s, Quill performed at Our Music Festival, the first decentralized music festival network powered by a cryptocurrency. OMF was founded by Justin Blau (3LAU), the EDM musician selling his first NFT for a record-breaking $3.6 million in  February.

The silent auction will be taking place on NFT marketplace Rarible. As Rarible does not showcase public bidding, Quill will be sharing the highest bidder hourly on his personal website.

For more information and to follow the auction, visit KidQuill.com.

Creative Direction for the NFT by BJ Jensen & design by Nick Proctor, both from Indianapolis, IN (the same as Kid Quill).

Media Contacts

Name – Strime

Email – [email protected]

Company – KidQuill

The post Recording Artist Kid Quill Auctioning Lifetime Backstage Experience with NFT appeared first on Zex PR Wire.

Valletta, Malta, 8th April 2021, ZEXPRWIRE – DYP Finance is introducing its bridge between the Binance Smart Chain and its host protocol, the Ethereum network. The protocol has achieved great lengths in transforming the DeFi space for safer options for users in a short while.

DYP grabbed crypto enthusiasts’ attention as a liquidity providing protocol allowing anyone to participate in the process and get their rewards for the first time in Ethereum. It also offers lucrative returns of up to 269% APY while utilizing its pools.

Furthermore, its anti-manipulation feature adds juice to its unique narrative, offering more confidence in decentralized finance. The protocol directly converts its DYP tokens into ETH rewards with minimal price changes. 

The over-the-top growth it has seen so far is only seeing its beginning as the protocol prepares to unleash new tools for all users. It now boasts over $19M in liquidity on Uniswap and still rising, standing at a 20x uptrend since its launch.

In other sectors, the protocol has distributed over $14.87 million in Ethereum to liquidity providers (LP), totalling about 7139 ETH.

Its integration with the BSC is one more step towards the right growth direction and more support from its users as it increases liquidity to DYP. Additionally, it is the gateway to more developments laying ahead of its roadmap for the near future.

How Users Will Benefit from the Binance Smart Chain

Thus far, DYP stands as a user-friendly protocol with a simplified UI to assist new LPs on the platform. This factor differs from many DeFi protocols in the crypto market today, which favor pro DeFi users only.

Having added $510,000 in liquidity on PancakeSwap, users can now utilize the DYP/ETH, DYP/BUSD, and DYP/BNB pools on the protocol. LPs can further choose between the three rewards: BNB, ETH, or DYP. 

The primary purpose of the DYP on BSC is for the protocol’s staking program and its governance dApp. The DYP smart contract on BSC is 0x961c8c0b1aad0c0b10a51fef6a867e3091bcef17.

The contract will help swap DYP for BNB to mitigate risks for all LPs receiving rewards from BSC. Furthermore, DeFi Yield Protocol will transform all DYP rewards from liquidity pools into BNB every 24 hours to reduce price volatility.

It is worth noting that if the DYP prices are affected by more than -2.5%, then the protocol will convert the maximum tokens that do not affect the price into BNB. The protocol will distribute the remaining rewards on the following day under those circumstances.

Depending on whether all the rewards will be distributed in 7 days or not, the governance will vote to either issue the remaining rewards to token holders or burn them.

Start Providing Liquidity as an LP on BSC

To begin liquidity provision and earn rewards, you have to purchase and deposit PancakeSwap liquidity tokens into their respective pools. 

You can then choose from the four staking options ranging from 30,000 DYP to 100,000 DYP. The staking periods on the pools vary from 3 days to 90 days for any liquidity provider to earn. You need to wait for the staking period to end before withdrawing your funds to get your rewards.

Users can rest easy with DYP’s provision of a well-detailed guide on how to leverage the bridge between its protocol and BSC. For more details, click here.

Taking Advantage of What DYP Has to Offer

Besides having a chance to stake and earn on the protocol, DYP continues to favor its community’s contribution to its progress. In that case, it holds governance rights on high standards, with DYP token holders getting a chance to vote on significant decisions on the platform.

Now, DeFi users can acquire their DYP on the platform or swap ETH for the tokens to earn an exciting position on the governance team. All you need to do is take the next step and get on the platform to learn more about what it has to offer and start earning today!

Media Contacts

Contact name: Teki Kolaneci – Digital Strategy Manager
Company name: DYP FInance
Address: Malta, Valletta
Email: [email protected]
Phone number: 07355050442
Website URL: Click Here

The post DYP Introduces Its Services on Binance Smart Chain for Staking Diversity appeared first on Zex PR Wire.

Founder-CEO Maveshan Chetty Says, this is the future of Playlyst Studios

Joburg, South Africa, 8th April 2021, ZEXPRWIRE – In 2020, the world faced an unprecedented trauma in the form of COVID-19 pandemic. This led to businesses, especially start-ups adapting to the online medium in order to carry on their operations. One such industry that took to online medium like fish to water has been the podcasting business. The unexpected success of podcasting start-ups even led big businesses like Amazon and Spotify to buy them and ride the success wave together. The South Africa-based Playlyst Studios, which was launched in 2019 by Founder Maveshan Chetty, to “change the podcasting game for the future,” is now all set to add another feather to its cap, in the form of an app, that is unique and easy to get a hang of. In a chat, Mr. Chetty talks about the Playlyst Studio App and other things planned for 2021. 

Q – What inspired the new Playlyst Studio app? 

Maveshan Chetty – We all are aware that in 2020, the world faced one of its toughest challenges – isolation and grief. The reality was harsher for the start-up owners like myself because we were new to business and were being forced to adapt a new normal that we weren’t aware existed. As a business owner, I’ve spent countless nights worrying about the future of Playlyst Studios. One such Friday night, I couldn’t get any sleep so I began mapping out a vision on paper. The inspiration was an idea that kept nagging me at the back of my head. I thought what if I was able to build an app to feature all our original content and at the same time allowed podcasters, guests and the rest of the world to connect with each other. 

Q – What is the new Playlyst Studio app about? 

Maveshan – The app is basically a connecting medium, which allows users two main functionalities – streaming & swiping. That is why, we’ve named it “The Playlyst App: Stream & Swipe.” The main idea behind this  app was to build a home for Playlyst Originals content where the audience can enjoy a completely ad-free experience without having to spend a single dollar. This app is going to better than having to spend money on subscriptions or podcasts. The Swipe feature helps the app connect each other instead of alienating. The main reason to install this feature inside the app was that podcasters find it hard to get guests as well as candidates for their shows. One needs to carry out extensive research and then follow up through emails. That is a long process, which takes up a lot of time. Although there are services out there, which might make it easier to find guests but so much red tape and ‘subscriptions’ work as killjoy for podcasters. Therefore, we decided to create a feature within our app that would connect podcasters with guests and also detail all the information required, instead of spending time on emails. The users can simply swipe on a profile that they find interesting and chat instantly. If I may say so, the app would be like a perfect ‘dating’ experience for podcasters & podcast guests.

Q – What is the value-addition that the app brings with it? When will it be launched?

Maveshan – The app brings together podcasters and guests to connect. However, we realize that not everyone wants the same thing. Therefore, in order to make it a customized experience for the users, when you download the Playlyst app, you will be prompted with 3 options – 

1. I am a podcaster.
2. I want to be a guest.
3. I am a listener. 

The first two options are self-explanatory while the third option is for those who want to just listen to the podcasts that we make. 

Last, but not the least, we wanted to make a difference to the podcast realm and add value; therefore, all the features on this app are completely FREE. Also, there is no limit to the number of matches you swipe. Everything on the app is completely free right from the moment you download the app. As a CEO and Founder of Playlyst Studios, I promise the users that no one will ever have to pay for this app. 

Though we haven’t decided upon a specific launch date yet, I assure that it will be in 2021.

Q – Why did you feel the need to create this app? 

Maveshan – When we began with the idea of this app, we wanted a new home for all our original content to go live. However, as we continued building upon that idea, it grew beyond what we had initially imagined. We still want to make exclusive podcasts live on our app, but, at the same time, we also want to start adding value by helping podcasters and guests who want to feature on shows to connect with each other. When I was first struck with this idea, and I realized that I could build something concrete out of it, we started the hiring process and in the blink of an eye, we got ourselves a Playlyst development team of 3. It is the team’s hard work that has brought us to this stage. At the same time, I realize that this app is going to be focused on a niche audience but I am ready to go ahead with that because I couldn’t sleep till I had this app in development. If I hadn’t gone ahead with this idea, I wouldn’t have been able to rest & I would’ve regretted it for the rest of my life. If we can make a real difference to the podcasters’ lives, we would consider the app a success.

Q – How is this app different from other similar apps? What is its USP?

Maveshan – To begin with, no other app out there allows you to stream content as well as connect with fellow podcasters at the same time. The USP of this app would be the fact that you are allowed to access all its features without paying any subscription or going through any red tape. Also the fact that the podcasters can connect with future guests and have all the relevant information on their finger tips before launching a conversation, is what matters the most to us.

Q – What do you think is the future of podcast apps? Will they make a difference to the art of podcasting? If yes, how?

Maveshan – The future is bright as I am sure we will see a lot more apps and services in the coming years, that would add to the gamut of podcasting & will make a difference to the lives of podcasters. And if as a podcast studio, we are able to contribute, in any way, to this growth, we would consider ourselves fortunate.

Q – What changes do you see in this field since you began your journey?

Maveshan – One of the biggest changes that I’ve seen is people creating podcasts from the comfort of their homes. While many creators are still wrapped up in the idea of studios, lights, large computers, etc, but that is not the case anymore. You can create quality podcasts from your mobile devices too nowadays. What matters is the person behind the microphone – what is being said and who is being interviewed – that is what eventually matters. However, at the same time, quality of podcasts matters too. Releasing podcasts with background noises or inaudible content is trouble. So, whether you are working out of a fancy studio full of equipment’s or a room inside your home – what makes YOU different is your VOICE and your PERSONALITY.

Media Contacts

Name – Michaela Gonçalves
E-mail – [email protected]
Phone no – +272 615 1890
Company – Playlyst Studio
Country – South Africa
Address – Joburg

The post Playlyst Studios’ To Launch ‘Stream & Swipe’ App In 2021 appeared first on Zex PR Wire.

The People’s Bank of China (PBOC) asked the largest banks in the country to restrain lending growth until the end of the year due to fears of a “bubble”, writes Bloomberg, citing knowledgeable sources.

According to the agency, this issue was discussed at a meeting on March 22.

The regulator called for limiting the issuance of new loans and foreign banks.

The NBK wants lending institutions to focus on lending in industries such as technology innovation and manufacturing.

In 2020, Chinese banks issued loans in the amount of 19.6 trillion yuan ($ 3 trillion), with about 20% accounted for by inclusive financing, including small business lending.

If banks issue the same amount of loans this year, the balance of debt will grow by about 11% – up to 192 trillion yuan.

This is the lowest growth rate in more than 15 years.

“On the one hand, credit growth will slow down, but on the other, this slowdown will be quite moderate,” said chief economist for China at Nomura Holdings Inc. Lu Ding.

In January-February of this year, the volume of new loans amounted to 4.9 trillion yuan, which is 16% more compared to the same period in 2020.

Aussie exporters have been forced to diversify from #China. That’s good! We’ve been too dependent on a market with too much sovereign risk. Time also to reconsider China’s free trade access to some of our markets. CHAFTA can’t be a one way street. #auspol https://t.co/QmS0yGiDwL

— Rex Patrick (@Senator_Patrick) April 7, 2021

In February, the Chinese Central Bank instructed banks to maintain lending in the first quarter at the level of January-March last year, the Financial Times reported.

Against the backdrop of taking the coronavirus under control and recovering the economy, the PRC authorities are again trying to reduce risks, especially in the financial sector and the real estate market.

Earlier, the head of the China Banking and Insurance Committee (CBIRC) Guo Shuqing warned of the risks of bubbles in these sectors, which raised concerns about the prospects for tightening monetary policy.

The Chinese government wants to take advantage of the economic recovery to ease its debt burden. Last year, amid the pandemic, China’s debt-to-GDP ratio reached nearly 280%.

Much of the debt has accumulated since the 2008-2009 global financial crisis, when China relied on lending growth to curb a downturn.

Efforts to reduce debt growth in 2017 led to higher money market rates.

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy. Various versions have evolved over the years, sometimes by accident, sometimes on purpose (injected humour and the like).

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy. Various versions have evolved over the years, sometimes by accident, sometimes on purpose (injected humour and the like).

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy. Various versions have evolved over the years, sometimes by accident, sometimes on purpose (injected humour and the like).

Enables Celebrity Home Loans to easily deliver HomeBinder’s home management platform and enhance their “client for life” experience

Burlington, MA, 7th April 2021, ZEXPRWIRE – HomeBinder, a leading home management platform provider that reduces the complexity of home ownership and maximizes home value, announces an exciting new partnership with Celebrity Home Loans, whereby Celebrity will be rolling out the HomeBinder service to their borrowers. 

For businesses serving residential homeowners that want to deliver added value to their clients,  HomeBinder is a platform that improves peace of mind for homeowners and assists them in maintaining and increasing the value of their largest asset throughout the ownership of the home.

The partnership will enable Celebrity Home Loan lenders to automatically provide a HomeBinder to their clients with all of the mortgage closing documentation; lenders who offer HomeBinder as a digital closing gift to their clients find that it increases client retention post-close and leads to new and increased referrals. 

According to David Robnett, Chairman and CEO of Celebrity Homes LLC,“Celebrity immediately recognized that HomeBinder enables our borrowers to enhance their lives through financial education and literacy, thereby enhancing our ‘client for life’ experience. As an innovative and technology-forward business, we have implemented multiple fintech platforms to deliver a streamlined experience through closing, but what happens post-close?”  

Robnett  goes on to say “We see an immediate and highly complementary fit with HomeBinder to educate today’s homeowner, remain top of mind with our clients, and enhance our relationships with real estate agents. HomeBinder’s new API integration with Encompass enables us to implement their service within hours and days vs. weeks and months.  We are eager to launch this Spring.” 

This announcement comes on the heels of HomeBinder getting approved on March 26, 2021 as an official API integration partner of ICE Mortgage Technologies Encompass platform.

About HomeBinder

HomeBinder is a home management platform that reduces the complexity of home management and enables businesses serving residential homeowners to improve client retention, build trusted relationships and generate referrals. HomeBinder is available exclusively through businesses across the residential ecosystem including lenders, inspectors, real estate professionals, insurers, property managers, and home service providers. HomeBinder was founded in 2012, currently serves all fifty States and Canada, and is based in Burlington, MA. For more information, visit Homebinder.

Media Contact

Contact: Peter Paglia

Email: [email protected]

 Phone: (978) 618-0835

Website: HomeBinder

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