Important Notice: A Letter to the LABS Community Announces Exciting Milestones

LABS Group
2 min readAug 16, 2024

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We are excited to share some significant achievements and upcoming milestones that mark a new chapter in our journey. At LABS Group, we are dedicated to revolutionizing the real estate and travel industries through cutting-edge technology and strategic partnerships. Today, we are proud to announce several key developments that will further our mission and enhance the value we provide to our investors and community members.

Tokenization Partnership with Leading Hotel Owner
In a strategic move to address compliance issues across different jurisdictions, LABS Group has entered into a tokenization partnership with a renowned hotel owner. This collaboration streamlines regulatory processes and reduces additional costs, ultimately benefiting all LABS investors. By leveraging this partnership, LABS aims to solidify its position as a leader in the tokenized real estate sector.

Introducing Staynex: The Future of Travel and Stay
LABS Group is thrilled to announce the upcoming launch of Staynex, a next-generation Travel and Stay platform supported by LABS from its inception. Staynex represents a revolutionary advancement in the tourism economy, building upon LABS’ focus on real estate tokenization through Real World Assets (RWA). This innovative platform is designed to transform the travel experience by offering unparalleled convenience and rewards for travellers and industry stakeholders.

Innovative Technology Driving Tourism Transformation
Staynex integrates an advanced Web3 membership travel and stays platform with seamless incentive mechanisms. By leveraging decentralized technology, AI, and SocialFi, Staynex offers a unique blend of convenience and incentives poised to disrupt the $2 trillion tourism industry. This cutting-edge approach ensures that travellers and hospitality providers benefit from enhanced efficiencies and new revenue streams.

Strategic Partnerships Enhancing Global Reach
LABS and Staynex are committed to creating a comprehensive hospitality ecosystem with mutual benefits. Staynex has secured a strategic partnership with a leading online SAAS cloud distribution provider, enabling millions of hotels worldwide to connect seamlessly to the Staynex platform. This extensive network will allow Staynex users to enjoy exceptional travel and accommodation experiences globally. Staynex ensures that part of this income is shared with investors through the LABS real estate platform by attracting more guests, developing better travel products, and boosting hotel revenues.

Acknowledging Community Support and Upcoming Rewards
LABS Group extends its heartfelt gratitude to the community members who have continuously supported its development. In recognition of this unwavering support, LABS will soon announce reward mechanisms for LABS token holders alongside essential updates on the Owner’s Circle NFT buyback plan. These upcoming rewards and updates are designed to enhance the value of holding LABS tokens and give back to the community.
LABS Group is committed to revolutionizing the real estate and travel industries through innovative solutions and strategic partnerships. As we look forward to achieving more milestones together, we thank you for your continued understanding and support.

Stay connected and follow our official social handle, LABS Group, for the latest updates.

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Note: The final interpretation rights belong to LABS Group.

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LABS Group
LABS Group

Written by LABS Group

LABS Group utilizes blockchain, NFT and Web3 tech to disrupt traditional real estate and hospitality industry. Other Social Links: twitter.com/r/LabsGroupio/

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