Connect with us
Prague Gaming & TECH Summit 2024

Fintech PR

Liquid Crafts Dragon and Bourbon NFTs to Launch Oct 29th

Published

on

Reading Time: 3 minutes

Windsor, Colorado–(Newsfile Corp. – October 16, 2021) – Today, Liquid Craft has announced the launch date for their first NFT series that is set to go live on Oct 29th, at 12 PM PST. The launch is expected to be an important first step in their plan to redesign the traditional liquor investment market by using blockchain technology in the form of the non fungible tokens or NFTs.

The first Liquid Craft NFT series in their roadmap is called Dragons and Bourbon, with each NFT tied to a physical bottle of rare, handcrafted bourbon that can be traded like any other NFT, or redeemed for the physical product.

The Dragons & Bourbon NFT Series

The initial launch of many liquor tied NFTs from the Liquid Craft team, is using a hand crafted, cask strength bourbon, created in the clean and natural landscapes near the Rocky Mountains, Colorado. The crafters – The Heart Distillers, a team of international award winning distillers that have perfected the craft and have provided the project with something that cannot be found anywhere else.

The Liquid Craft NFTs are being launched on both the Ethereum Network and also on the Binance Smart Chain, with a very limited run. The Dragons and Bourbon NFTs are designed to be something that collectors of fine liquors can collect and expect to appreciate over time, following the trends of both the NFT space and the traditional fine liquor markets. Both of which have seen incredible gains over the last 12 months.

The Current Problems In Both Markets

The objective for the team at Liquid Craft has been to create solutions that seem to plague investors of both industries, while combining the two vastly different worlds through the use of a very simple solution – blockchain technology.

For the traditional liquor investment markets, there has always been the trouble of handling the physical product. Common procedures include potentially risky transport, adequate and secure storage, intermediaries, auction houses, brokers – the list goes on. Although the fine liquor investment market has seen some sharp increases in recent years, these steps have created a significant barrier to entry for would-be investors.

NFTs on the other hand have seen a lot of hype over the last 12 months. Although there are an abundance of use cases for these digital art forms, most NFTs currently in circulation are nothing more than simple art pieces with no tangible asset to be tied to.

Blending The Traditional Liquor Market With Blockchain

The solution was an obvious choice for the Liquid Craft team, who have combined the traditional investment world of appreciating fine liquors and mixed it with the emerging breakthroughs seen in the blockchain world. NFTs have a simplistic nature for the average investor, they can be easily collected, stored, traded, sold or resold multiple times and can be tied to physical assets, all through the use of smart contracts and blockchain.

Barriers To Entry For Fine Liquor Investing Are Removed

When an NFT is combined with an asset like fine liquors, problems associated with trading physical products are eliminated, as the NFT that represents the bottle can be traded as often as any other NFT in circulation. The physical product never has to leave the safety of the supplier and collectors can hold the digital representation of the real thing. That is, until the day finally comes when the owner redeems the digital equivalent for the real thing, which removes the NFT from the supply.

NFTs now have real value and traders can invest in liquor without the previous concerns or barriers. Long gone are the days of storage requirements, intermediaries, auction houses or brokers, liquid art NFTs have provided the solution.

Liquid Crafts Official Launch on October 29th

Liquid Craft are experiencing a considerable amount of interest with their up and coming launch of Dragons and Bourbon as this is a first for both markets. The marketing drive leading up to the Oct 29th launch has been substantial with Liquid Craft enlisting the help of new partners in the project including Coinpresso, a specialist crypto marketing agency that knows how to garner attention for projects of all sizes.

Strictly Limited Supply Available

The launch is a strictly limited offer, with the bourbon backed NFT series D&B restricted to the small batch of bourbon that was specifically crafted for this launch. The series is expected to sell out fast. For the interested investors that do miss out on launch day, there is expected to be a new marketplace coming to fruition that will include suppliers from all over the world, with options that include everything from specialty craft beers, rare fine wines and liquors of all types.

Liquid Craft is aiming to bring more value to the NFT space and remove the previous barriers associated with the traditional liquor investment market, a move that is expected to be a welcomed change for both.

Twitter: https://twitter.com/CraftLiquid

Media Contact:

Curtis Ramsay
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/99942

Powered by WPeMatico

Fintech PR

Roborock Reports 2023 Full Year Financial Results

Published

on

roborock-reports-2023-full-year-financial-results

Achieving Record-breaking Financial Success and Reaching Historic High in Total Assets

HONG KONG, March 28, 2024 /PRNewswire/ — Roborock, a global leader in ultra-intelligent home robotics engineered to simplify daily life, today announced its financial results for the full year ending December 31, 2023.

Roborock achieved remarkable financial success during the reporting period, posting revenue of 8.65 billion Yuan (US$1.22 billion), representing a significant 30.55% Year-On-Year increase. The company recorded a net profit of 2.05 billion Yuan (US$288 million), achieving an annual growth rate of 73.32%.

Roborock’s total assets reached an all-time high of 14.38 billion Yuan (US$2.02 billion), reflecting Year-On-Year growth of 32.71%. These achievements solidify Roborock’s position as one of the leading players in the smart vacuum industry. The company also recorded impressive overseas revenue, growing at a rate of 21.42%, while total robot vacuums shipments surpassed 2 million units.

“Ever since we founded Roborock back in 2014, our long-term mindset and unwavering commitment to focusing on delivering true value to our customers is what has gotten us to where we are today. It’s been an amazing journey, and we are truly proud to emerge as a global leader in smart vacuums.” said Richard Chang, Founder & CEO of Roborock.

“As we approach our 10-year anniversary, we are excited to introduce more of our cutting-edge vacuums, including the S8 MaxV Ultra which we unveiled at CES 2024. This flagship innovation represents our most technologically advanced one-stop cleaning solution to date, underlining our focus on enriching future lifestyles within the smart home ecosystem to enhance the quality of life for our customers worldwide.

Financial Performance Highlights

Sales and Net Profit

  • Total revenue recorded was 8.65 billion Yuan (US$1.22 billion)
  • Of this, 4.23 billion Yuan (US$595 million) is attributed to Roborock’s overseas operations, accounting for 49% of total revenue
  • Roborock’s overseas operation recorded a revenue growth of 21.42% compared to the previous year
  • The company achieved a net profit of 2.05 billion Yuan (US$288 million), with an annual growth rate of 73.32%
  • Roborock’s total assets reached a historic high of 14.38 billion Yuan (US$2.02 billion), reflecting a remarkable 32.71% Year-On-Year growth

Growth across Product Categories

  • Roborock’s total robot vacuums shipments surpassed 2 million units, generating an income of 8.09 billion Yuan income (US$1.14 million) and achieving a Year-On-Year growth of 27.14%
  • Roborock experienced rapid growth across new product categories (product portfolios except robot vacuums), with an income of 554 million Yuan (US$78 million) income and a Year-On-Year growth of 109.4%

Research & Development

  • R&D expenditure amounted to 619 million Yuan (US$87 million), accounting for 7.15% of total revenue. This represents a year-on-year growth of 26.69%
  • During the reporting period, 522 new domestic and overseas patents were filed

Major accounting data and financial indicators in the past 3 years

(Unit: Yuan; Currency: RMB)

2023

2022

Year-On-Year
Growth (%)

Total Assets

14,376,641,614

10,833,053,890

32.71

Net assets
attributable to
shareholders of
listed companies

11,380,526,122

9,556,378,416

19.09

Revenue

8,653,783,788

6,628,716,402

30.55

Net profit
attributable to
shareholders of
listed companies

2,051,217,414

1,183,476,942

73.32

Net profit
attributable to
shareholders of
listed companies
after deducting
non-recurring
gains and losses

1,826,089,668

1,197,719,439

52.46

Net cash flow
from
operating activities

2,185,931,368

1,120,467,567

95.09

About Roborock

Roborock is committed to innovation in researching, developing, and producing home cleaning devices, particularly robotic, cordless, and wet/ dry vacuum cleaners. Every Roborock product has been designed with an eye on solving genuine problems, so Roborock customers can live better lives. Currently, Roborock is available in more than 40 countries, including the U.S., Germany, France, and Spain. The company operates out of four locations, with offices in Beijing, Shanghai, Shenzhen, and Hong Kong. For more information visit https://us.roborock.com/.

Exchange Rate Information

This announcement contains translations of certain RMB amounts into U.S. dollars at a specified rate solely for the convenience of the reader. Unless otherwise noted, all translations from RMB to U.S. dollars and from U.S. dollars to RMB are made at a rate of 7.1132 Yuan to US$1.00, the spot exchange rate at the annual reporting date of December 31, 2023. The company makes no representation that the RMB or U.S. dollars amounts referred could be converted into U.S. dollars or RMB, as the case may be at any particular rate or at all.

Photo – https://mma.prnewswire.com/media/2374470/Roborock_2023_Financial_Results.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/roborock-reports-2023-full-year-financial-results-302102666.html

Continue Reading

Fintech PR

Real Estate Investment Trust Market to Reach $4,228.72 Billion, Globally, by 2032 at 5.1% CAGR: Allied Market Research

Published

on

real-estate-investment-trust-market-to-reach-$4,22872-billion,-globally,-by-2032-at-5.1%-cagr:-allied-market-research

PORTLAND, Ore., March 28, 2024 /PRNewswire/ — Allied Market Research published a report, titled, Real Estate Investment Trust Market by Type (Equity REITs, Mortgage REITs, and Hybrid REITs), and Application (Industrial, Commercial, and Residential): Global Opportunity Analysis and Industry Forecast, 2023-2032″. According to the report, the real estate investment trust market was valued at $2,604.70 billion in 2022, and is estimated to reach $4,228.72 billion by 2032, growing at a CAGR of 5.1% from 2023 to 2032.

Request Research Report Sample & TOC: https://www.alliedmarketresearch.com/request-sample/A241394

(We are providing report as per your research requirement, including the Latest Industry Insight’s Evolution, Potential and COVID-19 Impact Analysis)

124 – Tables 
47 – Charts 
300 – Pages

Prime determinants of growth

The real estate investment trust market is driven by the integration of advanced technologies such as data analytics and proptech solutions. These innovations enhance operational efficiency, streamline decision-making processes, and provide valuable insights into market trends for REITs. On the contrary, AI has the potential to improve operational efficiency across various real estate sectors such as healthcare and hotels, leading to increased demand for data centers and towers that will provide lucrative growth opportunities to the real estate investment trust (REIT) market in the upcoming years.

Report coverage & details:

Report Coverage

Details

Forecast Period

2022–2032

Base Year

2022

Market Size in 2022

$2,604.70 billion

Market Size in 2032

$4,228.72 billion

CAGR

5.1 %

Segments Covered

Type, Application, and Region.

Drivers

AI integration in real estate

Data analytics for capital allocation

Competitive advantage through proptech

Opportunities

Enhanced operational efficiency

Restraints

High initial costs in implementing AI and proptech solutions in real estate

 

Buy This Report (267 Pages PDF with Insights, Charts, Tables, and Figures) @ https://bit.ly/4apX3B3

The equity REITs segment to maintain its leadership status throughout the forecast period

By type, the equity REITs segment held the highest market share in 2022, accounting for more than two-thirds of the global real estate investment trust market revenue and is estimated to maintain its leadership status throughout the forecast period. This is attributed to the fact that these REITs generate a steady income stream for investors through rents and leases, offering a reliable source of dividend income and long-term capital appreciation. However, the mortgage REITs segment is projected to manifest the highest CAGR of 8.5% from 2023 to 2032. This is attributed to the fact that these REITs provide investors with exposure to the real estate market without the responsibility of owning or managing properties directly. Mortgage REITs typically focus on generating income through interest payments on mortgages, which can be attractive to investors seeking stable returns and passive income.

The industrial segment to maintain its leadership status throughout the forecast period

By application, the industrial segment held the highest market share in 2022, accounting for more than two-thirds of the global real estate investment trust market revenue. This is attributed to the manufacturing and logistics companies that are increasingly realizing that they do not need to own their real estate, creating an opportunity for industrial REITs to acquire more properties crucial to the industrial sector, such as distribution centers. The rise in online sales has led to an increased demand for warehouse space, while supply chain challenges have prompted industrial companies to lease more space for inventory storage. However, the residential segment is projected to manifest the highest CAGR of 7.7% from 2023 to 2032. This is attributed to the increasing demand for REITs, which offer a diversified portfolio of real estate assets and provide consistent income and capital appreciation to investors. Furthermore, the REIT market has been expanding its product offerings to cater to specific sectors within the real estate industry, such as residential properties. This trend aligns with the growing preference for REITs as a means to invest in real estate without the responsibility of managing or owning the properties directly.

Get Customized Reports with your Requirements: https://www.alliedmarketresearch.com/request-for-customization/A241394

North America to maintain its dominance by 2032

By region, North America held the highest market share in terms of revenue in 2022, accounting for more than one-third of the real estate investment trust market revenue and is estimated to maintain its leadership status throughout the forecast period. This is attributed to the fact that the market’s composition has changed significantly since the Great Financial Crisis, with alternative property types such as data centers, cold storage facilities, cell towers, and healthcare properties comprising 64% of the U.S. REIT market by the end of 2022, according to Bloomberg. Furthermore, REITs have demonstrated robust operational performance and are well-equipped to navigate economic uncertainties, including recessions. However, Asia-Pacific is expected to witness the fastest CAGR of 7.9% from 2023 to 2032. This is attributed to the increasing market capitalization of REITs in the Asia-Pacific region, coupled with the expansion of the REIT universe and the emergence of new markets embracing REIT concepts, which indicates a positive trajectory for the growth of the sector. As more Asian countries plan to introduce their versions of REITs, global investors will have increased opportunities for investment in the region, further fueling the growth of the Asia-Pacific REIT market.

Leading Market Players: –

  • Prologis, Inc.
  • American Tower Corporation
  • Crown Castle
  • Realty Income Corporation
  • VICI Properties
  • Digital Realty Trust
  • Alexandria Real Estate Equities, Inc.
  • Link Real Estate Investment Trust
  • Essex Property Trust
  • SEGRO

The report provides a detailed analysis of these key players in the global real estate investment trust (REIT) market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.

Inquiry before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/A241394

Key Benefits for Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the real estate investment trust market analysis from 2022 to 2032 to identify the prevailing market opportunity.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • The Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network on the real estate investment trust market outlook.
  • In-depth analysis of the real estate investment trust market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as real estate investment trust market trends, key players, market segments, application areas, and market growth strategies.

Real Estate Investment Trust Market Segments:

By Type

  • Equity REITs
  • Mortgage REITs
  • Hybrid REITs

By Application

  • Industrial
  • Commercial
  • Residential

By Region

  • North America (U.S., Canada)
  • Europe (UK, Germany, France, Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Australia, South Korea, Rest of Asia-Pacific)
  • Latin America (Brazil, Argentina, Rest of Latin America)
  • Middle East and Africa (Gcc Countries, South Africa, Rest of Middle East And Africa)

Trending Reports in BFSI Industry (Book Now with 10% Discount + Covid-19 scenario):

Equity Indexed Life Insurance Market Size, Share, Competitive Landscape and Trend Analysis Report by Type, by Mode, by Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2023-2032.

Saudi Arabia Residential Mortgage Market Size, Share, Competitive Landscape and Trend Analysis Report by Type of Residential Mortgage Loans, Mortgage Loan Terms, Interest Rate and Real Estate Property: Opportunity Analysis and Industry Forecast, 2023-2028.

Commercial Property Insurance Market Size, Share, Competitive Landscape and Trend Analysis Report by Coverage, by Distribution Channels, by Enterprise Size, by Industry Vertical : Global Opportunity Analysis and Industry Forecast, 2023-2032.

Retail Banking Market Size, Share, Competitive Landscape and Trend Analysis Report by Type, by Function, by End User : Global Opportunity Analysis and Industry Forecast, 2023-2032.

Digital Mortgage Software Market Size, Share, Competitive Landscape and Trend Analysis Report by Component, by Type, by Deployment, by  End-User and by Enterprise Size : Global Opportunity Analysis and Industry Forecast, 2023-2032.

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports Insights” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int’l: +1-503-894-6022
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
India (Pune): +91-20-66346060
Fax: +1-800-792-5285
[email protected] 

Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg 

 

Cision View original content:https://www.prnewswire.co.uk/news-releases/real-estate-investment-trust-market-to-reach-4-228-72-billion-globally-by-2032-at-5-1-cagr-allied-market-research-302102645.html

Continue Reading

Fintech PR

DoH Collaborates with Eli Lilly and World Obesity Federation on Obesity Prevention and Management

Published

on

doh-collaborates-with-eli-lilly-and-world-obesity-federation-on-obesity-prevention-and-management

In reflection of its commitment to enhance the health of community members,

ABU DHABI, UAE, March 28, 2024 /PRNewswire/ — The Department of Health – Abu Dhabi (DoH), the regulator of the healthcare sector in the Emirate, signed a Memorandum of Understanding (MoU) with Eli Lilly Suisse SA, a global pharmaceutical company, and the World Obesity Federation (WOF), a global non-profit organisation. The collaboration aims to address priority global healthcare challenges and drive innovative solutions on obesity prevention and management, that will resonate in the Emirate and beyond.  

The MoU was signed by H.E. Dr. Noura Al Ghaithi, Undersecretary of the DOH, Johanna Ralston, Chief Executive Officer at WOF and Irina Zaporozhets, President and General Manager, Middle East and Türkiye (META) Hub at Eli Lilly Suisse SA. Leveraging the parties’ diverse expertise, Abu Dhabi will spearhead a multisectoral initiative to bridge the gaps that have hindered efforts to reduce obesity for many years. This collaboration will focus on empowering healthcare professionals with the skills to effectively manage obesity, generate evidence on economic burden of obesity, drive innovation in prevention and treatment solutions, and raise public awareness about managing obesity.

H.E. Dr. Noura Al Ghaithi, Undersecretary of the Department of Health – Abu Dhabi (DoH) stated: “At the Department of Health – Abu Dhabi (DoH) we are spearheading a new era of proactive health by tackling obesity at its root. The population’s health and longevity remain at the forefront of our priorities, and through our strategic collaboration with Eli Lilly Suisse S.A and the World Obesity Federation (WOF), we aim to empower healthcare professionals, drive innovation in prevention strategies, and foster a culture of health awareness in line with the UAE national strategies. Together, we will build and secure a healthier and vibrant future for generations to come, thus reinforcing Abu Dhabi’s position as a leading destination for healthcare.”

Irina Zaporozhets, President and General Manager, Middle East and Türkiye (META) Hub at Eli Lilly Suisse SA said: “Tackling serious diseases such as obesity demands coordinated action. Collaboration of this nature is critical to delivering better healthcare outcomes for people living with obesity today, and prevention for future generations. We are proud to be signing this agreement, the first of its kind in the UAE and an important step in driving change to advance obesity care.”

Johanna Ralston, CEO, World Obesity Federation said: “The World Obesity Federation welcomes the leadership of the Department of Health – Abu Dhabi in addressing obesity, and our collaboration is aimed at fostering more effective ways of working together across sectors. The complexity of obesity, and the high rates over the world, call for new ways of working together. We believe Abu Dhabi is uniquely positioned to demonstrate success through collaboration and bold leadership.”

The collaboration reflects the parties’ commitment to improving the community’s health and wellbeing, by leveraging their diverse experiences to address the challenges associated with obesity. This is an important step towards developing innovative and effective strategies to combat obesity in the Emirate.

About Department of Health – Abu Dhabi (DoH):

The DoH is the regulatory body of the Healthcare Sector at the Emirate of Abu Dhabi and ensures excellence in healthcare for the community by monitoring the health status of the population. DoH defines the strategy for the health system, monitors and analyses the health status of the population and performance of the system. In addition, DoH shapes the regulatory framework for the health system, inspects against regulations, enforces standards, and encourages adoption of world-class best practices and performance targets by all healthcare service providers in the Emirate. DoH also drives programmes to increase awareness and adoption of healthy living standards among the residents of the Emirate of Abu Dhabi in addition to regulating scope of services, premiums and reimbursement rates of the health system.

For further information on DOH, visit https://www.doh.gov.ae/ and follow on Twitter, Instagram, Facebook, LinkedIn and YouTube.

Photo – https://mma.prnewswire.com/media/2374514/DoH_MoU_Eli_Lilly_WOF_Image1.jpg
Photo – https://mma.prnewswire.com/media/2374515/DoH_MoU_Eli_Lilly_WOF_Image2.jpg

 

DoH MoU with Eli Lilly and WOF

Cision View original content:https://www.prnewswire.co.uk/news-releases/doh-collaborates-with-eli-lilly-and-world-obesity-federation-on-obesity-prevention-and-management-302102649.html

Continue Reading

Trending