Blocksquare Launches Marketplace Pool for Hotel Investment

Ljubljana, Slovenia, July 24th, 2024, Chainwire

Blocksquare today announced the launch of its latest marketplace pool funding round with Pieme, a blockchain platform enabling hotel investment, acting as the marketplace operator on Blocksquare's real estate tokenization infrastructure. Commencing on July 30th, this Marketplace Pool funding round will utilize Blocksquare’s recently introduced Oceanpoint DeFi launchpad to introduce fractional investment into the hospitality industry, increasing accessibility and democratizing hotel financing.

Pieme’s management platform is tailored for a diversity of investors interested in community-owned hotel residences, with entry investments starting from $150. Utilizing blockchain, Pieme allows investors to monitor bookings, oversee stays, and engage in the industry. The platform also manages all operational, maintenance, and marketing aspects of investment to allow for streamlined project management.

Pieme is currently finalizing its first hotel-residence in Kampala, Uganda, with plans for expansion across other African cities to leverage emerging markets for maximum growth potential.

Oceanpoint marketplace pools enable the creation and operation of tokenized real estate marketplaces within the Blocksquare ecosystem. Marketplace operators submit project proposals and gather community support through a democratic voting process. Community members contribute their staked BST tokens (sBST) to support promising initiatives, obtained through participation in the Governance pool on Oceanpoint.fi.

The Pieme Marketplace Pool Campaign is an opportunity for the Blocksquare community to expand into hotel ventures and capitalize on Africa’s burgeoning real estate sector. This Marketplace Pool Round succeeds the rapid sell-out of the previous Oceanpoint Launchpad campaign within 36 hours, building off the popularity of tokenized RWA real estate investment.

For more information about the funding round, Blocksquare and Pieme are hosting a Block-chat this Thursday, July 25th at 6:00 PM UTC, or read here for more details about the pool.

About Blocksquare

Blocksquare offers SaaS solutions for blockchain-based real estate tokenization. Headquartered in Ljubljana, Slovenia, Blocksquare’s platform aims to power a global network of marketplaces, connecting investors to real estate opportunities in their region. Through its real estate tokenization protocol, anyone can digitize real estate assets at a fraction of the cost, while providing the quickest way to launch an online marketplace. Blocksquare’s Oceanpoint adds a layer to their established tokenization infrastructure to create borderless access to real estate financing, for anyone with an internet connection.

About Pieme

Pieme is transforming the landscape of Hotel investments by making hotel ownership accessible to everyone. Leveraging fractionalization, Pieme allows individuals to invest in profitable hotel ventures, regardless of their investment size. Positioned as the Airbnb for the African hotel industry, Pieme democratizes opportunity, and transforms how people engage with hotel investments.

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