WSGF - Vaycaychella Introduces Cryptocurrency and M&A Plan for $100 Billion Short-Term Rental Market
October 13 2021 - 10:05AM
InvestorsHub NewsWire
Dallas, TX -- October 13, 2021 --
InvestorsHub NewsWire -- World Series of Golf, Inc.
(USOTC:
WSGF) ("WSGF”) today
published a management update sharing new information on
initiatives underway to accelerate revenue growth and add assets to
the balance sheet, all of which will further enhance the company’s
ability to empower entrepreneurs to enter and compete in the
short-term rental market, at the same time lowering barriers to
entry for smaller investors to enter the short-term rental
market.
“Vaycaychella is much more than a P2P real
estate purchase application,” said CEO William “Bill”
Justice. “The update here is intended to demonstrate a
glimpse of how much more.”
WSGF acquired a business called
Vaycaychella last year and made Vaycaychella its primary business
focus. A
corresponding corporate name change is
underway.
Vaycaychella serves entrepreneurs looking
to acquire and operate short-term vacation rental properties and
businesses, and investors looking to make investments in short-term
vacation rental properties and
businesses.
Vaycaychella
Management Update
Vaycaychella is dedicated to empowering
the entrepreneurial pursuit of establishing and scaling a
short-term rental business.
The short-term vacation rental business
market overall all is projected to exceed $85 billion in revenue
this year and reach over $100 billion in revenue by 2025 (Statista)
Statista
Airbnb now has 5 million
listings out numbering the combined rooms available from the
top five hotel chains.
Vaycaychella’s purpose is to empower the
entrepreneur to enter and compete within this short-term rental
market by giving the entrepreneur tools not previously
available.
Vaycaychella understands the short-term
rental market and its entrepreneurial challenges firsthand.
Vaycaychella has grown from a business that entered the short-term
rental market directly by acquiring and managing short-term rental
properties. Vaycaychella is taking from its own firsthand
experiences to build a tool set to help entrepreneurs enter and
compete in the short-term vacation rental
market.
Vaycaychella started with the introduction
of an application to help entrepreneurs source purchase financing.
Vaycaychella, earlier this year launched a Peer To Peer (P2P)
Short Term Rental Property Purchase
Application.
Vaycaychella P2P
Real Estate Property Purchase App
2.0
A version 2.0 of the App is underway with
a targeted release expected before year end. Version 2.0 is
being coordinated with the creation of a Vaycaychella
cryptocurrency solution designed to further empower the short-term
rental entrepreneur.
Vaycaychella
Cryptocurrency Exchange For Short-Term Rental Backed
Cryptocurrencies
Vaycaychella is building a cryptocurrency
exchange dedicated to the listing of cryptocurrencies that back
short-term rental properties. Vaycaychella will provide
entrepreneurs with the tools to easily create a cryptocurrency they
can sell to raise funds for purchasing short-term rental
properties. The newly created cryptocurrency can be listed on
Vaycaychella’s exchange. Those purchasing the
cryptocurrencies will be stakeholders in the short-term rental
business.
Vaycaychella’s version 2.0 App combined
with Vaycaychella’s cryptocurrency solution will lower the barrier
to entry in the real estate market for both the entrepreneurs
looking to gain access to the short-term rental industry and small
investors that can now make fractional investments in short-term
rental real estate ventures.
Short-Term Rental
Business Tools Beyond Purchase
Financing
Vaycaychella is also working to introduce
tools for the entrepreneur beyond purchase
financing.
Vaycaychella has already announced work
underway to add online banking and credit card services that it can
extend to entrepreneurs as additional tools in the management of
their short-term rental businesses.
Adding Short-Term
Rental Tools Through
M&A
Vaycaychella is also in negotiations to
acquire an existing travel booking technology that would enable
short-term rental property managers to seamlessly enter the travel
booking business and generate revenues from booking air travel and
car rentals. The travel booking technology would let
entrepreneurs add travel booking services to their own property
website under their own brand name.
The travel booking technology negotiations
represents the most developed business initiative at this time of
an overall effort to add additional tools through merger and
acquisition for entrepreneurs looking to enter and compete in the
short-term rental business. Similar additional efforts are in the
works and the company will release more information as initiatives
further develop.
To learn more and keep up with the latest
updates at Vaycaychella, and to access the Vaycaychella App,
visit https://www.vaycaychella.com/.
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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