Leveraging 2.65 million hotel resources, 600,000 USD in recurring revenue, over 40 ecosystem partners, and a user base of 65,000, the AI travel products under Staynex have officially launched in the market. This platform is introducing a fundamentally different travel token for public market trading. This token is built based on real-world application scenarios, user retention data, and a rigorous token economic model.

Singapore/Hong Kong/Zug, April 23, 2026. As an AI-driven travel platform that integrates hotel bookings, Web3 incentives, and the tokenization of membership rights, Staynex announced today that its platform token $STAY has officially launched on KuCoin and LBANK. Unlike many token issuance projects that rely on future vision narratives, Staynex enters the market with a mature business operating foundation. Currently, the platform has integrated 2.65 million hotel resources, equipped with AI smart itinerary planning capabilities, achieved 600,000 USD in recurring revenue, established strategic collaborations with over 40 ecosystem partners, and accumulated a community user base of 65,000.

In the current crypto market landscape that increasingly emphasizes substantial value over narrative concepts, this difference is of crucial significance. $STAY is not launched as a conceptual token. Instead, it is introduced as the access layer of an active travel ecosystem. This ecosystem not only provides actual services to users and generates substantial revenue but also establishes a solid user retention mechanism through the practicality of its products. This situation significantly differentiates Staynex's market positioning from early Web3 travel projects, which had not completed effective validation of market demand prior to entering the market.

AI Travel Wingman constitutes the core component of this ecosystem. As an AI-driven travel planning product developed by Staynex, it aims to provide users with personalized itinerary customization, real-time price comparison services, and more efficient discovery of travel products. Football legend Patrice Evra not only endorses it but also participates in voice acting. This move effectively expands the platform's consumer reach while confirming Staynex's strategic judgment. Staynex continues to bet that the travel booking process can become more efficient, more transparent, and is expected to reduce over-reliance on the highly profitable intermediary role of traditional online travel agencies (OTAs).

“We are not issuing traditional points, but a capitalized membership right designed for travelers who refuse to become victims of exit liquidity,” said Yuen Wong, CEO and co-founder of Staynex.

For the crypto-native buyer community, the utility of $STAY's token is deeply tied to the membership system, user retention mechanism, and platform economic model, rather than relying on purely speculative attributes. This constitutes its special investment value. Through Ocean Club (Staynex's tiered membership system), users can unlock multiple ecosystem benefits. These specifically include higher staking annual percentage rates (APR), up to 25% travel discounts, and exclusive co-investment opportunities in vacation properties. Crucially, the model is specially designed: even during periods of token price retraction, users will not automatically lose their acquired membership. This mechanism creates a more resilient value proposition compared to traditional token point systems, which often lose value during market downturns.

The aforementioned practical layer and token issuance structure form an organic integration. This structure is tailored for market environments highly sensitive to the fairness of token distribution. $STAY has officially launched on the BNB Smart Chain (BSC), with an initial price set at 0.00035 USDT. The project’s initial market capitalization is set at 1.05 million USD, and the circulating supply during the Token Generation Event (TGE) phase accounts for only 3% of the total supply. The project has not set any venture capital (VC) discounts, with all market participants participating at a uniform price. The team’s tokens have a 12-month lock-up period. For traders and long-term ecosystem participants, this design creates a clearer narrative of aligned interests compared to projects burdened by aggressive internal pricing or short-term unlocking pressures.

Staynex has also established a clear value support mechanism through the Shield Protocol. Every quarter, the platform will allocate 20% of its net revenue to repurchase $STAY in the public market. 50% of the repurchased portion will be permanently destroyed, with the remaining 50% used to replenish the liquidity pool. The first repurchase plan will be executed in July 2026. This operation is clearly defined for execution on the blockchain and will be announced to the market seven days in advance. In an industry where many projects only discuss interest alignment in abstract concepts, this initiative provides the market with a concrete operational framework that effectively links the platform's business activities, token value support, and liquidity depth across three dimensions.

One week before the TGE, Staynex further strengthened its narrative on execution capability by acquiring Swiss Web3 hotel booking platform Sleap.io. According to the announcement, Sleap brought a mature product infrastructure, hotel operation experience, partnerships with Gate Travel and Coinbase, five industry awards, and exposure from the Killer Whales show. This show can be watched on Apple TV and Amazon Prime Video. Sleap also won the season championship of the show. With the Sleap team integrated, the Staynex team size has expanded to 25 people, significantly enhancing delivery capability and institutional credibility before the official launch.

“We have not only acquired a brand but also brought in a high-performance team. This team has successfully completed scaled expansion at a top level and will accelerate our growth plans,” said Yuen Wong, CEO and co-founder of Staynex.

Staynex also has strong leadership backing. The company’s chairman is Jeff Hoffman, co-founder of Priceline.com/Booking.com. Jeff Hoffman characterizes this opportunity as a structural transformation rather than mere thematic hype. The travel market is enormous, and in it, direct customer relationships, faster settlement speeds, and better-designed loyalty systems can substantially improve profit margins and user experience. For the crypto media, this adds an important social recognition dimension to this launch. After all, this launch is supported by mature products, stable revenue, and real user bases.

“The future winners will not just list hotel offerings. They will build ecosystems, reduce friction, and give value back to travelers. This is structural transformation, not just a single function,” Jeff Hoffman said.

From a practical perspective, this is exactly where the differentiated advantage of $STAY lies. Investors are not paying for a concept and expecting subsequent realization. What they are purchasing is a tokenized entry point. This entry point corresponds to a complete ecosystem that already has hotel resources, a user base, revenue data, partners, live AI products, completed acquisitions, and a framework for on-chain repurchase and destruction. In a crowded market landscape, this combination provides $STAY with a clearer logic of “entering now” than most new token issuances.

$STAY will launch today (April 23, 2026) at 20:00 Hong Kong time (14:00 Central European Time) on KuCoin and LBANK.

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