Blocksquare Launches Marketplace Pool for Hotel Investment, According to Chainwire

Ljubljana, Slovenia, July 24th, 2024 — Blocksquare has announced the upcoming launch of its latest marketplace pool funding round in collaboration with Pieme, a blockchain platform designed for hotel investment. As the marketplace operator utilizing Blocksquare’s real estate tokenization infrastructure, Pieme’s Marketplace Pool funding round will kick off on July 30th. This initiative aims to enhance fractional investment opportunities in the hospitality sector, promoting broader access and democratizing hotel financing.

Pieme’s management platform caters to a wide range of investors interested in community-owned hotel residences, with minimum entry investments set at $150. By leveraging blockchain technology, the platform provides investors with the ability to track bookings, manage stays, and actively participate in the hospitality industry. Additionally, Pieme oversees all operational, maintenance, and marketing duties related to the investments, simplifying project management.

Currently, Pieme is finalizing its inaugural hotel-residence project in Kampala, Uganda, with aspirations to expand into other cities across Africa, capitalizing on the potential of emerging markets.

The Oceanpoint marketplace pools facilitate the establishment and operation of tokenized real estate marketplaces within the Blocksquare ecosystem. Marketplace operators can submit project proposals and obtain community backing through a transparent voting process. Community members can support these initiatives by contributing their staked BST tokens, gained through participation in the Governance pool on Oceanpoint.

The Pieme Marketplace Pool Campaign presents an exciting opportunity for the Blocksquare community to delve into hotel investment and tap into Africa’s rapidly growing real estate sector. This new Marketplace Pool Round follows the swift sell-out of the previous campaign on the Oceanpoint Launchpad, which garnered significant interest in tokenized real-world asset investments.

For more insights about the funding round, Blocksquare and Pieme will host a Block-chat on Thursday, July 25th, at 6:00 PM UTC.

About Blocksquare
Blocksquare provides SaaS solutions for the tokenization of real estate on the blockchain. Based in Ljubljana, Slovenia, Blocksquare’s platform aims to create a global network of marketplaces that connect investors with local real estate opportunities. Through its real estate tokenization protocol, it enables anyone to digitize real estate assets cost-effectively and offers the quickest pathway to launching an online marketplace. Blocksquare’s Oceanpoint enhances its existing tokenization framework, fostering borderless access to real estate financing for anyone with an internet connection.

About Pieme
Pieme is revolutionizing hotel investment by making ownership accessible to a broader audience. By using fractionalization, Pieme enables individuals to invest in profitable hotel ventures regardless of the size of their investment. Positioned as a transformative force in the African hotel industry, Pieme democratizes investment opportunities and reshapes engagement with hotel investments.

Contact
CMO: Julia Buchholz
Email: [email protected]