Blocksquare’s Hotel Investment Pool Launches via Chainwire

Ljubljana, Slovenia, July 30th, 2024, Chainwire

Blocksquare has launched its newest Marketplace Pool for hotel investments today, marking its second investment pool following the rapid sellout of the first pool in less than 36 hours. This funding round is in partnership with Pieme, a blockchain platform that facilitates hotel investments and serves as the marketplace operator utilizing Blocksquare’s real estate tokenization infrastructure.

The recently unveiled Oceanpoint RWA launchpad by Blocksquare introduces the concept of fractional investment in the hospitality sector through its Marketplace Pools. Pieme’s management platform is specifically designed for a diverse range of investors interested in community-owned hotel residences, with minimum investment amounts beginning at $150. By leveraging blockchain technology, Pieme enables investors to track bookings, oversee stay durations, and participate actively in the hotel industry while handling operational, maintenance, and marketing tasks to ensure efficient project management.

Currently, Pieme is in the process of finalizing its first hotel-residence in Kampala, Uganda, with plans for expansion across various African cities to tap into emerging markets with significant growth potential.

The Oceanpoint marketplace pools facilitate the establishment and management of tokenized real estate marketplaces within the Blocksquare ecosystem. Marketplace operators can submit project proposals and gather community support through a democratic voting process. Community members can contribute their staked BST tokens to support promising initiatives, which can be obtained by participating in the Governance pool on the Oceanpoint platform.

The Pieme Marketplace Pool Campaign presents an opportunity for the Blocksquare community to delve into hotel ventures and take advantage of the flourishing real estate market in Africa. This latest Marketplace Pool Round follows the impressive sellout of the previous Oceanpoint Launchpad campaign within just 36 hours, further capitalizing on the growing interest in tokenized real-world asset (RWA) real estate investments.

About Blocksquare

Blocksquare provides SaaS solutions for blockchain-based real estate tokenization. Based in Ljubljana, Slovenia, Blocksquare’s platform aims to create a global network of marketplaces that connect investors with regional real estate opportunities. Through its real estate tokenization protocol, anyone can digitize real estate assets at a reduced cost, offering the fastest route to launch an online marketplace. The Oceanpoint initiative enhances their established tokenization infrastructure, enabling worldwide access to real estate financing for anyone with internet access.

About Pieme

Pieme is revolutionizing hotel investment by making ownership accessible to a wider audience. Through fractionalization, Pieme allows individuals to invest in lucrative hotel ventures, regardless of the size of their investment. Positioned as a transformative platform for the African hotel industry, Pieme democratizes opportunities and changes how individuals engage with hotel investments.

Contact

CMO: Julia Buchholz
Email: [email protected]

This article was initially published on Chainwire.