WSGF Announces Cryptocurrency To Back Short-Term Rental Vacation Properties Available On Vaycaychella Alt Finance App
May 14 2021 - 9:29AM
InvestorsHub NewsWire
Dallas, TX -- May 14, 2021 -- InvestorsHub
NewsWire -- World Series of Golf, Inc. (OTC Pink:
WSGF) ("WSGF") today
confirmed its Caribbean Short-Term Rental Vacation Property Partner
backed by WSGF’s alternative finance subsidiary, Vaycaychella,
plans to introduce a cryptocurrency where buyers will able to
participate in new vacation property
acquisitions.
Vaycaychella has invested in a portfolio of
beach properties operated as short-term vacation rentals by a
partner that offers the vacation properties on sites to include
Airbnb (ABNB), VRBO (EXPE) and Booking.com
(BKNG).
Vaycaychella, prior to being acquired by WSGF,
built a pilot alternative finance business for short-term rental
vacation properties backing the portfolio of beach rentals in the
Caribbean. Vaycaychella built a portfolio valued at $1.2
million.
Vaycaychella’s pilot was weighted with a social
responsibility intent. The majority of properties are located
in Cuba and empower local entrepreneurs and create
jobs.
Vaycaychella founders are excited about what
their alternative finance services can do for empowering
entrepreneurs in developing economies around the world, at the same
time empowering entrepreneurs everywhere.
Vaycaychella has continued to expand its
portfolio since coming under WSGF notably adding a Boutique Hotel
in Havana, Cuba expected to be opening soon.
Later
this month, Vaycaycehlla will launch of its Vaycaychella
App.
In
response to the sharing economy
advances empowered by applications
such as
Airbnb and VRBO, that enable every property owner virtually
anywhere in the world to generate income from renting a spare room
to an entire vacation property, WSGF’s has endeavored to help more
people become property owners by making real estate purchase
finance more accessible through a Peer to Peer (P2P), Fintech,
Alternative Short-Term Rental Purchase Finance Application
(App).
Vaycaychella has built an application that
enables entrepreneurs seeking investment to post their target
property purchases and/or property renovation projects for
consideration by private investors. In addition to posting
their project, the Vaycaychella app enables entrepreneurs to post
their own personal profiles so investors can consider both the
experience and character of the entrepreneur in addition to the
fundamentals of the property or renovation
project.
After a
successful beta test of the Vaycaychella App, WSGF is skipping a
second phase of the beta test and going straight to a production
launch. The feedback from the beta test has gone into an
update of the App. The company is now finalizing its customer
support capabilities for the production launch.
When
the Vaycaychella App launches, WSGF’s Caribbean Partner plans to
list its first 10 target new properties in Cuba to restore and make
short-term vacation rental properties. WSGF’s Caribbean
Partner plans to launch a cryptocurrency where funds raised will be
used on the 10 target properties and holders of the cryptocurrency
will be able to participate in the overall business operation
surrounding the 10 target properties. Look for more details
on the cryptocurrency coming soon.
WSGF
acquired Vaycaychella last year and made Vaycaychella its primary
business focus. WSGF is in the process of changing its name
to reflect the new business focus.
WSGF
recently released a comprehensive, overall business update in
conjunction with its recently published FY2020 Annual Report.
Follow the link below to see the full update:
WSGF Update -
Serving Future Airbnb and VRBO
Operators
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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