by Dubai, United Arab Emirates, 12th Oct 2024 – A groundbreaking collaboration at the intersection of blockchain and the travel industry has arrived. Leading brands H&M Lab and Staynex have joined forces to officially launch the innovative DeFi platform, Stay LP. This partnership marks a pivotal step forward in the integration of Web3 technologies with real-world assets (RWA), showcasing the powerful synergy and shared vision of both brands as they drive industry transformation.
H&M Lab, a blockchain-focused incubation brand, provides Web3 one-stop solutions by offering funding, technology, and community support to innovative projects worldwide. Their portfolio spans various sectors such as BTCLayer, MEME, DePIN, AI, TG Games, NFTs, and DeFi, with the mission of fostering global Web3 ecosystem growth and innovation. As a pioneer in the blockchain industry, H&M Lab continues to expand its global presence and influence, accelerating the adoption of emerging technologies.
On the other hand, Staynex, founded by Bitmart co-founder Yuen and backed by OKX, along with a Booking.com co-founder, has partnered with over 2.5 million hotels globally. Through token incentive mechanisms, Staynex blends gamification and financialization in the travel industry, leveraging its Travel2Earn model. Stay LP emerges as a trailblazer in connecting real-world assets (RWA) with DeFi, setting a new precedent for the combination of gaming and travel-based financial models.
This collaboration between H&M Lab and Staynex has culminated in the creation of Stay LP, an innovative platform born from their complementary strengths. While Stay LP is the centerpiece of this partnership, the strategic alliance between the two brands holds even greater significance. By leveraging Stay LP, the two companies aim to provide users with an experience that integrates real-world assets and GameFi, enhancing customer loyalty and establishing a groundbreaking business model for both the travel and blockchain industries. This collaboration sets a new standard for innovation in these sectors and forms a cornerstone for developing future business models within the travel industry.
Looking Ahead
H&M Lab and Staynex’s partnership will not be limited to the current DeFi platform. Both companies plan to expand their collaboration further, driving additional innovation and project development. Their shared vision is to reshape the travel and blockchain ecosystems through technological innovation and optimized business models, creating new economic opportunities and enhancing user experiences.
This partnership showcases the immense potential of blockchain technology and the vast opportunities that cross-industry collaborations can bring. The launch of Stay LP represents not only a significant breakthrough for the blockchain and travel industries but also a bold step forward in H&M Lab and Staynex’s joint efforts to shape the future in the Web3 era.
Media Contact
Organization: staynex
Contact Person: Aster
Website: https://www.staynex.vip/
Email: Send Email
City: Dubai
Country: United Arab Emirates
Release Id: 12102418328
The post H&M Lab and Staynex Join Forces to Launch Innovative DeFi Platform Stay LP appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No journalist was involved in the writing and production of this article.