WSGF - Vaycaychella Completes P2P App For Sharing Economy Expected To Soon See $50 Billion In IPOs Between Airbnb And DoorDash
November 17 2020 - 9:31AM
InvestorsHub NewsWire
Dallas, TX -- November 17, 2020 --
InvestorsHub NewsWire -- World Series of Golf, Inc. (USOTC:
WSGF) (“WSGF”), currently in the process of changing its name
to reflect its recently
announced new business direction serving short-term rental
property owners and investors participating in the sharing economy
sector, today announced through its operating subsidiary,
Vaycaychella, having completed the development of its peer to peer
(P2P) lending application (app).
Vaycaychella has developed a P2P app to
connect short term rental property owners and investors within the
sharing economy. Vaycaychella’s vision is to empower existing
and would-be short-term rental property owners to access investment
capital for property acquisitions and improvements financed outside
the conventional lending and investment
market.
Through Vaycaychella’s P2P app, small
business lenders and investors, and even private individuals can
connect with entrepreneurial short-term property rental operators
to access real estate leveraged investment opportunities not
usually available through conventional brokers and
agents.
Likewise, entrepreneurial short-term
property rental operators now have access to a wider variety of
investment options than ordinarily available through conventional
channels.
The impending Airbnb
IPO valued at $30 billion exemplifies both the promise of the
short-term rental property market in addition to illustrating the
substantial traction of the sharing
economy.
As we emphasized in our original
introduction of Vaycaychella last week, Airbnb has the
potential to be a global, seismic economic event spotlighting the
unprecedented, and until now, largely untapped potential of the
sharing economy. Airbnb has more rooms
to rent (7 million) than the five largest hotel operators combined
(4.3 million) – Marriott (MAR),
Hilton(HLT), Intercontinental
Wyndham and Hyatt,
Further illustrating the potential of the
sharing economy, DoorDash is also expected to IPO before the end of
the year at a $25
billion valuation. DoorDash harnesses the energy of an
entrepreneurial, on demand work force and their private
transportation resources to provide the world’s largest third-party
delivery service that is now rivaling
Fed-Ex (FDX).
Sharing economy technology enable
enterprises like Airbnb and DoorDash and, with great expectations,
Vaycaychella, empower anyone and everyone around the world to
combine their personal resources (homes, cars, savings and talent
for example) under a single organized business, that can compete
with if not dominate any traditional Fortune 500
competitor.
Last week on Friday, Vaycacychella
migrated its P2P app out of development and into testing.
After completing internal testing, we will begin beta
testing. Later this week, Vaycaychella plans to start signing
up beta users to begin testing the P2P app before the end of the
month. Management expects a production launch of the P2P app
before year-end.
To learn more and keep up with the latest
updates, 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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