WSGF - Vaycaychella P2P Income Property Investment App To Include Crowdfunding Fractional Investment
December 15 2020 - 2:58PM
InvestorsHub NewsWire
Dallas, TX --
December 15, 2020 -- InvestorsHub NewsWire -- World Series of Golf,
Inc. (OTC
Pink: WSGF) ("WSGF"), through its new subsidiary, Vaycaychella,
today offered new insight into the company’s peer-to-peer (P2P)
sharing economy investment application (App). In addition to
making one-to-one connections between investors and short-term
vacation rental property buyers, WSGF, through its Vaycaychella
subsidiary P2P App plans to include a crowdfunding investment
option for multiple backers to combine resources making fractional
investments in the purchase of income properties. WSGF
management is also exploring the inclusion of an option where the
company might create and offer a cryptocurrency
backed by a portfolio of short-term rental vacation
properties.
Earlier this
year, WSGF acquired Vaycaychella, a sharing economy technology
company with a P2P application (App) to connect entrepreneurs
(“rentrepreneurs)” seeking to acquire short-term rental vacation
properties with investors to back them. WSGF is in the process of
making a corporate name change in conjunction with its new
Vaycaychella business focus.
Vaycaychella is
a three-year-old operation that has built a business model focused
on financing short-term vacation rental properties outside of
conventional financing channels. Vaycaychella's mission is to
empower entrepreneurs looking to get into the short-term vacation
property rental business marketed through sharing technology apps
such as Airbnb (ABNB),
Booking.com (BKNG)
and Vrbo (EXPE).
Now that
Vaycaychella has established a proven model through developing a
portfolio of properties that includes 11 Caribbean beach front
vacation properties, and a recently acquired 3 unit building in
Puerto Rico with an overall estimated cumulative value exceeding
$12 million, the company is scaling that model with the
introduction of a P2P App designed to connect new and existing
short-term vacation property rental operators with prospective
investors.
WSGF management
is targeting $100 million in revenue in the first twelve months
following the production launch of Vaycaychella's P2P
App.
Vaycaychella's
P2P App is currently developed and undergoing an internal testing
phase. Vaycaychella has begun to assemble beta users for a next
phase of evaluation and testing.
To learn more
and keep up with the latest updates at Vaycaychella, visit
https://www.vaycaychella.com/. At the company website,
you will find a blog with frequent industry publications on the
short-term rental market in general, as well as entries specific to
Vaycaychella.
Disclaimer/Safe
Harbor: This news release contains forward-looking statements
within the meaning of the Securities Litigation Reform Act. The
statements reflect the Company's current views with respect to
future events that involve risks and uncertainties. Among others,
these risks include the expectation that any of the companies
mentioned herein will achieve significant sales, the failure to
meet schedule or performance requirements of the companies'
contracts, the companies' liquidity position, the companies'
ability to obtain new contracts, the emergence of competitors with
greater financial resources and the impact of competitive pricing.
In the light of these uncertainties, the forward-looking events
referred to in this release might not occur.
WSGF
Contact:
William "Bill" Justice
bill@vaycaychella.com
(800) 871-0376
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