(MENAFN- GetNews) NFsTay emerges as a trailblazer in the short-let rental market, leveraging the power of blockchain technology and Real World Assets (RWA) to offer a transformative solution to property owners and travellers alike.
The integration of blockchain with RWA has opened new avenues for asset tokenization, converting physical assets like Real estate into digital tokens. NFsTay has capitalized on this opportunity by introducing a unique model that allows users to tokenize unused short-let nights, optimizing property utilization and generating additional revenue streams.
The global short-term rental market has witnessed remarkable growth, with its value surpassing USD 112.31 billion in 2023. This upward trajectory is expected to continue, reaching an estimated USD 315.18 billion by 2033. NFsTay is strategically positioned to capitalize on this growth, offering innovative solutions that address the evolving needs of the market.
NFsTay's platform features a Traveller's Club, where users can purchase an NFT membership entitling them to stake their tokens on the platform's dApp and receive STAY tokens annually. These tokens serve as credits that can be used to book stays in any property within the NFsTay portfolio, providing users with flexibility and convenience.
In addition to its Traveller's Club, NFsTay offers Property Management as a Service, catering to third-party property managers looking to streamline their operations. This subscription-based model allows property managers to offload the heavy lifting to NFsTay, freeing up their time to focus on other aspects of their business.
NFsTay has already made significant strides in its journey, boasting a portfolio of over 100 properties managed and an active community of 2,000 members on Telegram. The platform has also organically sold half a million dollars in NFTs and utility tokens, showcasing its growing popularity and traction in the market.
As part of its roadmap, NFsTay is set to expand its portfolio to 500 properties by the end of 2024 and aims to establish a global presence with 10,000 properties by 2026. The platform is also exploring new markets beyond the UK and enhancing its protocol to integrate the STAY token more effectively.
NFsTay's commitment to innovation and excellence sets it apart in the competitive short-let rental market. By combining the stability of Real World Assets with the innovation of blockchain technology, NFsTay offers a seamless and rewarding experience for both property owners and travellers.
For more information about NFsTay and its innovative approach to short-let rentals, please visit NFsTay .
About NFsTay
NFsTay is a pioneering platform that leverages blockchain technology and Real World Assets (RWA) to revolutionize the short-let rental market. Founded by Chris Germano and Hugo Sousa, NFsTay offers a unique blend of services, including NFT-based Timeshare Ownership and a dedicated Traveller's Club, aiming to optimize property management and enhance travel experiences for property owners and travellers alike.
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