Web3-centric SaaS platform Blocksquare announces the release of marketplace pool funding round with Pieme, a blockchain platform enabling hotel investment. New pool will democratize the access to fractionalized investing in real estate and unlock new opportunities for RWAs segment globally.

Blocksquare, Pieme announced marketplace-type pool for investing in hotels

Slovenia-headquartered SaaS service Blocksquare and fractionalized investments platform Pieme announced today that its joint marketplace pool kicks off. New instrument at the intersection between DeFi and RWA is set to change the way retail investors might take part in funding rounds in hotels segment.

Commencing on July 30, 2024, this Marketplace Pool funding round will utilize Blocksquare’s recently introduced Oceanpoint DeFi launchpad to introduce fractional investment into the hospitality industry, increasing inclusivity 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.

In Q3 2024, Pieme is getting closer to the grand opening of its flagship hotel venue in Kampala, Uganda with plans for expansion across other African cities to leverage emerging markets for maximum growth potential.

As covered by U.Today previously, since May, 2024, Blocksquare’s native utility token is available on Banxa, a mainstream crypto and fiat remittances platform.

Fueling real estate segment in Africa with Web3 tooling

In future, Oceanpoint marketplace pools will enable the creation and operation of other tokenized real estate marketplaces within the Blocksquare ecosystem.

Marketplace operators are encouraged to submit project proposals and gather community support through a democratic voting process. Then, 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.