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LBank Exchange Listed Bobcoin (BOBC) on March 18, 2022

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Internet City, Dubai–(Newsfile Corp. – March 23, 2022) – LBank Exchange, a global digital asset trading platform, listed Bobcoin (BOBC) on March 18, 2022. For all users of LBank Exchange, the BOBC/USDT trading pair is officially available for trading at 21:00 (UTC+8) on March 18, 2022.

Figure 1: ​LBank Exchange Listed Bobcoin (BOBC) on March 18, 2022

As the first for-profit social enterprise offering an asset-based utility token, Bob Eco declared war against pollution and is creating thousands of jobs with the help of the world of crypto and decentralized technology. Its native token Bobcoin (BOBC), which supports both BSC and ETH network, will be listed on LBank Exchange at 21:00 (UTC+8) on March 18, 2022, to further expand its global reach and help it achieve its vision.

Introducing Bob Eco

Bob Eco Ltd. is an electric vehicle and clean energy company registered in Hong Kong. Its mission is to accelerate the transition to sustainable energy while focusing on emerging markets, which begins with the motorcycle taxi market in Africa. Experiencing extraordinary economic growth, the motorcycle industry on the African continent alone has grown into a 600-billion-dollar market.

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To ensure that Bob Eco can meet the government-backed demands for millions of lithium-powered vehicles, Bob Eco signed a 200-million-dollar production deal with manufacturing juggernaut Jincheng Suzuki. The companies have the collective aim to deploy up to 1.5 million UNEP certified lithium powered motorcycles for riders by 2024. The parties now produce various models, including the electric Model-X, the flagship and the focus model.

In a bid to create a system where Bob Eco purchases assets to be linked to crypto tokens, Bob Eco is launching an Initial Coin Offering with Assets (ICO-WA). This ICO-WA will provide opportunities to project enthusiasts. Funds gained through the ICO will be used for asset purchases linked to the Bobcoin (BOBC), which acts as a utility token linking the coin owner to this specific asset.

To make this system more transparent, Bob Eco is integrating blockchain technology into its asset management systems to show the assets linked to Bobcoin. The intention is to proactively provide digital, permanent, and auditable records that show stakeholders the status and place of assets (motorcycles or objects related to the bob ecosystem). All will be verifiable by chassis-, engine-, and GPS numbers.

About BOBC Token

Bobcoin (BOBC) has a total supply of 1 billion (i.e. 1,000,000,000) tokens, 667 million tokens are based on BEP-20, and the rest 333 million tokens are based on ERC-20.

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The token distribution of BOBC enables the Bob Eco business model, maximizing tokens for developers and users of the ecosystem first and both providing price flexibility for long term growth. 24% of the total supply is privately sold during STO (which was used for asset purchase and technological developments), 1% is provided for launchpad, 2.5% is provided for white list dex, 17.5% is provided for public sales (which will be applied for the purchase of new assets to grow the business model), 10% is reserved for 2024 public sales, 25% is allocated to the team, 5% will be used for marketing, another 5% is provided for consultancy, and the rest 10% is provided for technology development. There is a very long defreezing time for the STO participants and for all other major appointed wallets, to prevent too many tokens from entering the market, and to safeguard new token holders.

BOBC will be listed on LBank Exchange at 21:00 (UTC+8) on March 18, 2022, investors who are interested in Bobcoin investment can easily buy and sell BOBC on LBank Exchange by then. The listing of BOBC on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.

Learn More about BOBC Token:

Official Website: https://bob.eco
Telegram: https://t.me/bobEco
Twitter: https://twitter.com/BobEcoOfficial
Instagram: https://www.instagram.com/bob.eco.coin/
Facebook: https://www.facebook.com/BobEcoLtd/

About LBank Exchange

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LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 6.4 million users from now more than 210 regions around the world.

Start Trading Now: lbank.info

Community & Social Media:

l Telegram
l Twitter
l Facebook
l Linkedin

Contact Details:
LBK Blockchain Co. Limited
LBank Exchange
[email protected]

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PR Contact:
ZEXPRWIRE
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/117842

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Bybit Expands bbSOL Yield Opportunities Through Strategic DeFi Partnerships

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This Week in Finance News: 11 Stories You Need to See

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With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.

The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.

  1. Prosperity or catastrophe: #Insurance2040 study reveals four possible futures for the industry
    By 2040, technological innovation driven by customer centricity could pave the way to greater climate resilience and more personalized offerings by the insurance industry. Alternatively, insurance could become a luxury afforded only to the wealthiest few.
  2. Cardinal Health announces two strategic additions to its portfolio
    Cardinal Health will acquire a majority stake in GI Alliance (GIA), the country’s leading gastroenterology (GI) management services organization (MSO), from a combination of GIA physician owners and funds managed by affiliates of Apollo. Cardinal Health will also acquire the Advanced Diabetes Supply Group (ADSG), one of the country’s leading diabetic medical supplies providers, for approximately $1.1 billion in cash.
  3. BlackRock Launches New BUIDL Share Classes Across Multiple Blockchains to Expand Access and Potential of BUIDL Ecosystem
    This initiative represents the next step in the evolution of the tokenization market, by enabling BUIDL to be used within leading blockchain-based financial products and infrastructure across ecosystems.
  4. Primo Brands Corporation Announces Successful Completion of Merger of Primo Water and BlueTriton Brands
    “I believe Primo Brands is positioned to be a leader in the healthy hydration beverage category, thanks to the strength of its iconic, sustainably-sourced brands, its robust operations and extensive North American network, and its responsible operation of numerous springs across the country,” said Dean Metropoulos, Non-Executive Chairman of the Board of Directors of Primo Brands.
  5. Jackson Hewitt Tax Services Expands Workforce, Offering Job Opportunities Nationwide for Upcoming Tax Filing Season
    The week-long event will launch the combined hiring of 18,000 employees to prepare for the upcoming tax filing season. The Jackson Hewitt hiring events are open to the public and include on-site interviews. Qualified candidates could receive a job offer immediately.
  6. PNC Bank to Double Planned Branch Openings to More Than 200 Across Six States This announcement brings the bank’s total investment to approximately $1.5 billion to open more than 200 new branch locations in 12 cities across the U.S. over the next five years, while completing the renovations of 1,400 existing branches during the same time period.
  7. Alchemy Pay Expands Virtual Card Functionality with Google Pay Support The new card BINs added will significantly enhance the capabilities of crypto cards, expanding their support for a broader range of payment scenarios and improving transaction success rates. This advancement is particularly impactful when paired with Google Pay, one of the most popular and widely used digital payment platforms, trusted by millions for its convenience and security.
  8. Finaya Unveils Nationwide Homeownership Platform
    From providing rich and current information about home values and property conditions, to finding helpful repair and remodeling providers, to shopping for and securing the right insurance, the platform simplifies the homeownership process, making it more accessible, convenient and efficient.
  9. GenAI predicted to inspire revenue growth in 76% of businesses, but only 4% qualify as “leaders” in AI and analytics
    Kearney’s report confirms that businesses are not only aware of how big data, AI, and analytics will impact revenue generation and enhance business strategies, but they are investing to stay ahead of the curve, too.
  10. GameAbove Sports Acquires Meaningful Ownership Stake in Brisbane Bullets with NBA Legend George Gervin as Part of Ownership Team
    This move marks a significant milestone for GameAbove Sports, a CapStone Holdings Inc. company, as it expands its influence on international basketball ahead of the Brisbane 2032 Olympics.
  11. Most US shoppers are encountering generative AI while shopping without realizing it
    A survey of 700 online shoppers in the US shows 71% are unaware of having used generative AI while shopping online even though most had recently shopped at retailers currently using it. 41% of customers say they would feel comfortable using a generative AI tool from a brand they trust.

For more news like this, check out all of the latest finance-related releases from PR Newswire.

Do you have a finance press release to distribute? Sign up with PR Newswire to share your story with the audiences who matter most.

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Helping Journalists Stay Up to Date on Industry News

These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists.

Once they’re signed up, reporters, bloggers, and freelancers have access to the following free features:

  • Customization: Users can create customized newsfeeds that will deliver relevant news right to their inbox. Newsfeed results can be targeted by keywords, industry, subject, geography, and more.
  • Photos and Videos: Thousands of multimedia assets are available to download and include in a journalist or blogger’s next story.
  • Subject Matter Experts: Journalists will have access to ProfNet, a database of industry experts to connect with as sources or for quotes in their articles.
  • Related Resources: Our journalist- and blogger-focused blog, Beyond Bylines, features regular media news roundups, writing tips, upcoming events, and more.

The post This Week in Finance News: 11 Stories You Need to See appeared first on .

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Blockchain

Fintech as a Service Market: A Comprehensive Trends Analysis Predicts a USD 1,329.12 Billion by 2032 CAGR: 17.4% | PMR

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