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Title: H&M Lab and Staynex Join Forces to Launch Innovative DeFi Platform Stay LP

Dubai, United Arab Emirates, 12th Oct 2024 – A groundbreaking collaboration at the intersection of blockchain and the travel industry has arrived. Leading brands H&M Lab and Staynex have joined forces to officially launch the innovative DeFi platform, Stay LP. This partnership marks a pivotal step forward in the integration of Web3 technologies with real-world assets (RWA), showcasing the powerful synergy and shared vision of both brands as they drive industry transformation.H&M Lab, a blockchain-focused incubation brand, provides Web3 one-stop solutions by offering funding, technology, and community support to innovative projects worldwide. Their portfolio spans various sectors such as BTCLayer, MEME, DePIN, AI, TG Games, NFTs, and DeFi, with the mission of fostering global Web3 ecosystem growth and innovation. As a pioneer in the blockchain industry, H&M Lab continues to expand its global presence and influence, accelerating the adoption of emerging technologies.On the other hand, Staynex, founded by Bitmart co-founder Yuen and backed by OKX, along with a Booking.com co-founder, has partnered with over 2.5 million hotels globally. Through token incentive mechanisms, Staynex blends gamification and financialization in the travel industry, leveraging its Travel2Earn model. Stay LP emerges as a trailblazer in connecting real-world assets (RWA) with DeFi, setting a new precedent for the combination of gaming and travel-based financial models.This collaboration between H&M Lab and Staynex has culminated in the creation of Stay LP, an innovative platform born from their complementary strengths. While Stay LP is the centerpiece of this partnership, the strategic alliance between the two brands holds even greater significance...

This press release is issued by King Newswire