VAYK Mobile APP To Source Purchase Financing For Income Producing Vacation Properties Undergoes Final Review
May 04 2022 - 10:24AM
InvestorsHub NewsWire
Dallas, TX -- May 4, 2022 -- InvestorsHub NewsWire --
Vaycaychella, Inc. (USOTC:
VAYK) today announced the company is on the verge of launching
the next version of its award-winning Peer-2-Peer Alternative
Finance Application (APP) for sourcing financing to purchase income
producing vacation properties.
VAYK is a technology company democratizing access to the
short-term vacation rental property market elevated by the rise of
short-term rental APP’s like Airbnb (ABNB) and VRBO (EXPE).
Adding to the existing functionality democratizing access to
financing for the purchase of short-term rental vacation
properties, the next version will introduce fractionalized
investment where multiple investors will be able to back a single
short-term vacation rental project. Features that facilitate
fractionalized investment will include real-time messaging between
project owners and investors.
Cryptocurrency Future
The next version is a first step towards adding the ability to
invest in short-term vacation rental projects through the purchase
of cryptocurrency.
VAYK has recently purchased a cryptocurrency exchange and work
is underway to promptly launch the exchange.
VAYK is hosting an event in Cuba later this month to baby step
our way through the first cryptocurrency offering.
Participation will be limited but it is not yet closed. We
are still following up with individuals that have expressed
interest.
The objective of the event is to raise funds through the
issuance of an initial cryptocurrency to fund additional properties
in the same vicinity as the existing short-term vacation rental
properties in VAYK’s pilot project are located.
The initial cryptocurrency will also be the first cryptocurrency
listed on the cryptocurrency exchange recently purchased by
VAYK.
Specifically, the cryptocurrency will not be an asset controlled
or offered by VAYK. VAYK has backed V-Royal with a loan to
acquire the existing pilot properties in Cuba. V-Royal will
be facilitating the cryptocurrency offering to fund additional
properties. The cryptocurrency will be listed on VAYK’s
cryptocurrency exchange.
VAYK targeted releasing the next version of its APP by the end
of April and management indicates the release is close. The
first version was a web-based APP available on computers and mobile
devices through a browser. The next version includes a mobile
device downloadable APP. The final review starting on Monday
next week is concentrated on testing interoperability across all
mobile devices.
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
Vaycaychella (PK) (USOTC:VAYK)
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