Roomi to introduce the Props token to its millions of registered users
The famed roommate marketplace announced adoption of the Props token backed loyalty program.
Roomi, a marketplace helping people rent rooms and find roommates in a verified community, today announced it will launch an in-app loyalty program backed by Props. This will enable Roomi users to earn Props, unlock benefits and be rewarded with a financial stake in the ecosystem they participate in.
Launched in 2015, Roomi currently has over 3M registered users across the US and LATAM and continues to expand. Roomi will provide benefits to its users that hold Props.
Roomi is expected to be the sixth app to launch Props. This announcement underscores the expansion of the Props network that currently includes YouNow, PalTalk, Camfrog, Listia and Tegger.
“Roomi brings together people who constitute our network and make our platform valuable. We have been considering how to share long term value with our loyal users and Props provides that vehicle. We are impressed with the simple SaaS like tools to implement blockchain. We look forward to creating a deeper financial alignment with our users to create further growth and value for all participants on Roomi and the Props network.” said Ajay Yadav, Founder & CEO of Roomi.
Adi Sideman, Co-Founder of the Props Public Benefit Corporation added: “Roomi’s planned integration of Props is another step towards bringing the power of digital assets to mainstream users. Roomi is a world class platform, a recognized brand, and we are delighted that Roomi chose to build on Props.”
Using Props in the Roomi Network
Roomi enables people who seek to rent spaces to easily find appealing deals in their areas and access information about their future roommates and the living environment.
It enables renters to post available rooms and vet potential roommates. Roomi’s security products further enable both parties to verify the other party’s identity and conduct background checks, to ensure safe connections and transactions.
Adding Props to this two sided marketplace will enable Roomi to further attribute user reputation, a critical signal in a people-centric marketplace, as well as unlock discounts to engaged and loyal members. Active users that verify their identity, transact on the platform and invite friends to join Roomi are expected to be rewarded with Props.
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