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ED Connect (OTCID: QEDN) is poised to become a key player in Energy Today’s innovative asset tokenization platform
ED Connect (OTCID: QEDN) is poised to become a key player in Energy Today’s innovative asset tokenization platform.
About this update from Qed Connect, Inc.
[{"type":"text","content":"QED Connect (OTCID: QEDN) is poised to become a key player\r\n in Energy Today’s innovative asset tokenization platform. This strategic move\r\n will not only enable the company to tokenize its diverse food and agriculture\r\n assets but also capitalize on the booming kava root market, which is rapidly\r\n gaining momentum. In 2023, the global kava root extract market was valued at an\r\n impressive USD 1.38 billion and is forecasted to soar to USD 5.45 billion by\r\n 2032, with a remarkable compound annual growth rate (CAGR) of 16.47%. Australia\r\n currently leads the pack, commanding a substantial 55.2% of the market share.\r\n Moreover, the U.S. market for kava root extract is projected to experience\r\n significant growth, potentially reaching USD 30.28 million by 2032. This surge\r\n is largely fueled by the increasing demand for kava in herbal supplements and\r\n pharmaceuticals, especially due to its proven benefits in managing stress and\r\n anxiety. The opportunity is ripe for investment and growth, making QED Connect\r\n a compelling choice for stakeholders.\r\n\r\nKava or Piper methysticum is a plant belonging to the pepper\r\n family and is abundantly grown and consumed in and around the South Pacific\r\n islands. Kava is generally consumed in these countries as a ceremonial and\r\n traditional drink due to its mild to moderate sedative effects. In some\r\n traditions, kava consumption is often similar to that of alcoholic beverages as\r\n a socializing drink in other regions due to its kavalactones, dietary fiber,\r\n and mineral content.\r\n\r\nThe popularity of kava root extract, either in liquid or\r\n powdered form, is growing, mainly attributable to its relaxing properties and\r\n therapeutic effect, which has prompted its utilization in various\r\n pharmaceutical and personal care products. It is typically consumed among\r\n Western populations either in the form of a capsule or tablet containing\r\n ethanolic or acetonic extracts. Kava consumption has witnessed a significant\r\n surge in the past few years, especially in North America, owing to its mass\r\n consumer appeal as a dietary supplement. The market is anticipated to foresee\r\n greater penetration in the untapped markets such as India, Dubai, and China.\r\n Additionally, increasing awareness about kava root extract's medicinal and\r\n therapeutic b...