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Placy: Cyprus-Born AI Assistant Transforming Real Estate

In a significant development for the real estate industry, Placy, a Cyprus-born AI assistant, has been launched to revolutionise the sector. Conceived by industry veterans Sergey Osipov, Mike Vasiliev, and Alex Alexeev, Placy aims to simplify and enhance the real estate market with advanced AI capabilities. This innovative tool provides personalised, insightful guidance to real estate professionals, streamlining operations and improving efficiency.

The Genesis and Vision

Placy was developed with a deep understanding of the challenges faced by the real estate market. The creators envisioned an AI-powered solution that transcends traditional property portals, providing real-time, actionable insights. According to Vasiliev, “The time for property portals is over. The next decade is all about AI co-pilots.”

Functionality and Impact

Placy leverages AI to analyse property listings, state registries, and social media, delivering comprehensive information in multiple languages. This capability allows real estate agents to automate up to 50% of their tasks at a fraction of the cost. As Sotiris Komodromos, Placy’s Chief Commercial Officer, explains, “The objective is to automate 50% of the real estate agent’s tasks at 25% of the cost, safeguarding the profession while creating the instruments for the realtor of the future.”

Placy Pro, an advanced version of the assistant, supports agents by reducing their working hours through ongoing automation. This tool is designed to handle various aspects of real estate transactions, from understanding local regulations to identifying ideal properties for clients, making it an indispensable asset for modern real estate professionals.

Strategic Advantages and Future Prospects

Launching from Cyprus offers unique advantages, including an open market, an enthusiastic community, and high commission rates. Osipov’s extensive local market knowledge, gained over nine years in Cyprus, further enhances Placy’s potential for rapid adoption and success.

Placy’s introduction heralds a new era in real estate, where technology and human expertise converge to create a seamless, efficient experience for all stakeholders. As the industry evolves, AI assistants like Placy are poised to become integral to real estate operations, driving innovation and efficiency.

In summary, Placy represents a significant leap forward for the real estate industry, embodying the future of AI-driven solutions. Its creators are poised to lead this transformation, making Placy an essential tool for real estate professionals in Cyprus and beyond.

TikTok Elevates Songwriters With Enhanced Profile Features

Introducing Enhanced Visibility For Songwriters

TikTok is poised to transform the way songwriters promote their craft by integrating a suite of new features designed to highlight their musical works on the platform. Now in beta, the update includes a dedicated “Songwriter” label and a specialized profile tab that showcases their songs, allowing creators to build a more compelling narrative around their artistry.

Survey-Driven Innovation

The enhancements stem from extensive research, with TikTok surveying over 870 songwriters and conducting in-depth interviews to identify the key needs in profile building and monetization. Supplementary data from an independent study further confirmed that more than half of social media-savvy songwriters rely on TikTok for profile promotion. Such rigorous market research underpins TikTok’s commitment to driving tangible benefits for creative professionals.

Selective Rollout and Strategic Partnerships

At present, only a limited group of publishing partners and songwriters have access to the new features. Interested parties must join a waitlist to take part in this initiative, emphasizing TikTok’s strategy of fostering an exclusive ecosystem that prioritizes high-quality content and strategic industry alliances.

Competitive Momentum In The Music Streaming Arena

TikTok’s new tools arrive at a time when competitors are also enhancing their songwriter engagement. Spotify, for instance, has been offering dedicated features for songwriters over the years, while Tidal recently expanded its offerings by introducing royalty tracking capabilities. Despite discontinuing its TikTok Music streaming service last year, the platform continues to serve as a vital hub for music discovery and artist promotion.

Empowering Creative Storytelling

“We are passionately committed to supporting songwriters at TikTok, which is why we built these tools to celebrate and elevate their work on our platform,” stated TikTok’s Global Head of Music Publishing Licensing and Partnership. By enabling songwriters to seamlessly integrate their musical narrative with their personal content, TikTok is not only enhancing profile visibility but also building a more engaging, multi-dimensional user experience.

As TikTok continues to innovate, these developments are set to redefine how songwriters connect with their audiences and manage their creative endeavors, reaffirming the platform’s role as a pivotal force in the digital music landscape.

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