Staynex's native token STAY will be listed on KuCoin and LBank at 20:00 today.

Techub News: The Web3 travel platform Staynex announced that its native token STAY will officially launch via TGE on the KuCoin and LBank exchanges at 20:00 Hong Kong time today.

Staynex is a global travel platform integrating AI and Web3. It has currently integrated resources from 2.65 million hotels, achieved $600,000 in recurring revenue, and boasts over 40 ecosystem partners and 65,000 users. The platform has launched AI travel products, enabling users to "earn while staying" during their travels, converting consumption into on-chain assets.

STAY can be used for hotel bookings, membership benefits, and reward mechanisms, while also supporting staking to earn yields. The platform allocates 20% of its revenue to repurchasing STAY to enhance its long-term value. The total token supply is 100 billion, with an initial circulating supply of only 3% upon listing and a fully diluted valuation of $35 million.