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WSGF To Preview Cryptocurrency And Crowdfunding Additions To Vaycaychella Real Estate Investment App
Press Release | 04/15/2021
WSGF To Preview Cryptocurrency And Crowdfunding Additions To Vaycaychella Real Estate Investment App
PR Newswire
DALLAS, April 15, 2021
DALLAS, April 15, 2021 /PRNewswire/ -- World Series of Golf, Inc. (OTC Pink: WSGF) ("WSGF" today announced that the company's plans to include a preview in the management update next week of the cryptocurrency and crowdfunding functions expected later this year in the next version release of the Vaycaychella Real Estate Investment App.
The management update is scheduled to be published next week on Tuesday, April 20, 2021 following the publication of the company's FY2020 Annual Report later today.
WSGF acquired Vaycaychella last year making the new business acquisition its primary focus. A name change reflecting the alternative real estate finance focus is underway.
Vaycaychella's mission is to expand the short-term rental ecosystem upstream from rental Apps like Airbnb, VRBO, and Expedia to include a new App that facilitates the purchase of short-term rental properties.
Vaycaychella operates a portfolio of Caribbean vacation properties as a pilot model to validate the opportunity to build a business around providing an alternative financing resource to empower entrepreneurs to build and expand short-term vacation property rental businesses. Vaycaychella has provided alternative financing backing multiple short-term vacation rental properties and a boutique hotel.
Vaycaychella is introducing an alternative financing fintech application as a resource for individuals that might not be able to access a traditional mortgage. Vaycaychella could be just another source of financing on potentially better terms for anyone looking to purchase an income producing rental property.
The Vaycaychella Peer-To-Peer (P2P) App will connect would be short-term rental property buyers that might not have had the resources before to make a purchase, with a new breed of alternative investors.
Management expects to launch the App no later than May of this year and possibly by the end of April. The App is currently undergoing Beta testing.
The post Covid convergence of an increase in vacation demand and housing supply could result in an ideal buying opportunity for would-be short-term vacation property owner/operator entrepreneurs, and WSGF's Vaycaychella App has the potential to be the right tool at the right time to help entrepreneurs (or as we like to call them "Rentrepreneurs" to purchase houses.