SINGAPORE, Aug. 19, 2022 (GLOBE NEWSWIRE) — Laundry Zone, a self-service laundry model working beneath COINUP, a strategic associate of VINU Network, opened 7 new shops in a row in Mongolia, formally setting its foot down within the Mongolian market.

COINUP initially launched the primary and second shops of Laundry Zone in Mongolia again in 2019, however suffered difficulties relating to additional enlargement in Mongolia for 2 years resulting from logistics points ensuing from the Covid 19 pandemic. As restrictions loosened nonetheless, COINUP introduced that it has opened as much as 9 shops since January of this yr. Moreover, it plans to open the fifteenth retailer inside this yr, and is aiming for over a 100 shops within the capital Ulaanbaatar alone and 70 extra round different areas by the yr 2025.

Furthermore, COINUP has been closely energetic and concerned within the world enlargement of offline shops in addition to the beginning and working of on-line shops inside the Metaverse. It’s discussing the applying of NFT know-how with VINU Network, having the shared purpose of making a enterprise the place anybody on the planet can personal and handle shops transparently and simply.

VINU Network, an Ethereum-based actual financial system Metaverse linked to shops in the true world, is cultivating strategic alliances with world companions, beginning with Alliance Laundry Programs, a world laundry tools firm and a associate of COINUP, and is within the talks with GS25, one other associate of COINUP’s, with a purpose to constantly increase the platform and its on-line/offline shops and enhance the utility for customers.

What’s COINUP?
‘COINUP’ is a world firm with over 30 years of expertise in working unmanned shops, with an excellent give attention to unmanned franchise companies. It makes a speciality of fusing IOT, AI techniques, and fifth era kiosks into its providers, and though it has its personal tools manufacturers, it additionally sells business laundry tools from LG and SAMSUNG Electronics. As well as, it’s the official Korean distributor of ‘Pace Queen’, the highest model beneath ‘Alliance Laundry Programs’, which is the world’s main laundry tools firm holding greater than 40% of the worldwide market. Discover out extra about COINUP: http://www.coinup.or.kr 

At the moment, VINU Network is making ready to be listed on the worldwide market. 
Extra data on VINU Network is obtainable in its whitepaper.

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Media Contact : Deena | biz@vinunetwork.io

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