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The travel industry runs on hidden fees and expiring rewards — and most hotel loyalty programs are designed to make points hard to use, not easy. Michael Ros, CEO of Europe at Staynex and founder of [Sleap.io](http://Sleap.io) (recently acquired by Staynex), breaks down how Staynex is building a Web3 travel membership — zero booking commissions for hotels, tokenized travel rights, and a revenue-sharing model for members ahead of the April 23 TGE. From why the [Sleap.io](http://Sleap.io) acquisition happened to what $STAY token holders can actually do with it, this is a practical look at what "Netflix for travel" means when it's backed by real inventory and on-chain mechanics.
You'll learn: - What a Staynex membership actually unlocks — and how it differs from Airbnb, [Booking.com](http://Booking.com), and hotel loyalty programs - Why hotels pay zero commission to list on Staynex and where the platform's revenue actually comes from - What the [Sleap.io](http://Sleap.io) acquisition added to Staynex's European expansion and booking infrastructure - How the $STAY token's Stake & Claim revenue-sharing model works and what holders can do with it - What's actually on-chain — memberships, travel rights, rewards, or something else - How Staynex is thinking about post-TGE token distribution and avoiding a sell-off
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