September 09, 2024
StaynEarn has received substantial support in its Private Round, marking a key milestone in its mission to transform the short-term rental industry with its advanced Web 2.5 platform. While the exact funding amount and valuation are not disclosed, prominent investors like P2 Ventures, Sandeep Nailwal (Co-Founder of Polygon), Gerstenbrot Capital, and Emchain have confirmed their participation.
Project | Latest Raise Date | Stage | Lead Investor | Category |
|---|---|---|---|---|
StaynEarn | September 9, 2024 | Private Round | P2 Ventures, Sandeep Nailwal, Gerstenbrot Capital, and Emchain | Web2.5 |
Investors are confident in the platform’s innovative vision and leadership. Sandeep Nailwal highlighted StaynEarn’s unique approach to scaling both horizontally and vertically, giving it an advantage over traditional competitors with higher operational costs.
Wilson Pau praised founder Vishal’s visionary leadership, industry expertise, transparency, and commitment to growth, expressing confidence in StaynEarn’s long-term success. Towqeer Gilkar noted that while many RWA projects focus on real estate, StaynEarn targets cash flow and democratizes a more abstract concept, which is proving effective.
About StaynEarn
StaynEarn is a platform that aims to revolutionize the short-term rental industry by combining traditional Web2 booking systems with the decentralized benefits of Web3. It allows hosts to list properties without fees and earn additional tokens, while guests can earn rewards for their stays. The platform uses its own token, R3V, which can be redeemed for stays and experiences.
Website: https://www.staynearn.com/
About Investor
P2 Ventures, Sandeep Nailwal (Co-Founder of Polygon), Gerstenbrot Capital, and Emchain.
A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.
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