31 Jul '18, 4am

Singapore’s blockchain B&B startup @populstay raises $2.25m seed funding https://t.co/Pw7kgzjQd1

Singapore’s blockchain B&B startup @populstay raises $2.25m seed funding https://t.co/Pw7kgzjQd1

PopulStay , a Singapore-based booking and property management platform for the house-sharing economy, has raised a $2.25-million seed investment from investors including Bitmain, Handsome Capital, Sharp Eye Capital, and Jove Capital. PopulStay describes itself as a blockchain B&B startup. It offers a blockchain-based smart lock, cuts out the middlemen allowing hosts and users to communicate directly and uses smart contracts for all payments. It offers its services in Tokyo, Singapore, London, New York, Shanghai and Paris, according to its website. The proceeds from the latest financing will be used for team expansion and product development, PopulStay founder and CEO Walter Wang said. “For the short-term, we will open the booking platform for customers to book in Tokyo and other cities. The longer term plan is to build a travel ecosystem,” Wang told this portal. Bitcoin in...

Full article: https://www.dealstreetasia.com/stories/singapore-populsta...

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