WSGF Alt Short-Term Vacation Rental Purchase Finance App Is Live And User Base Is Growing
World Series of Golf, Inc. (OTC Pink: WSGF) announced the successful launch of its Vaycaychella App, a Fintech platform for short-term rental purchases. The app, initially registering nearly 1,000 users, allows investors to finance vacation properties listed on platforms like Airbnb. Ten properties in Cuba are set to be financed through a new cryptocurrency that promises profit-sharing opportunities. WSGF, having acquired Vaycaychella, aims to expand this model to other regions including Mexico and Puerto Rico.
- Successful launch of Vaycaychella App with nearly 1,000 initial users.
- Potential profit-sharing opportunities from new cryptocurrency linked to 10 properties in Cuba.
- Expansion plans targeting properties in Mexico, Puerto Rico, and Turks and Caicos.
- Vaycaychella App facilitates access to purchasing short-term rental properties.
- None.
Dallas, Texas, June 15, 2021 (GLOBE NEWSWIRE) -- World Series of Golf, Inc. (OTC Pink: WSGF) ("WSGF") today confirmed its Peer to Peer (P2P), Fintech, Alternative Short-Term Rental Purchase Finance Application (App), called Vaycaychella, is live and the user base is growing.
After a methodical initial registration process, the Vaycaychella App has been rolled out to a larger than anticipated initial user group and more people are signing up every day.
“We had nearly 1,000 people sign up in the initial registration,” said CEO William “Bill” Justice. “It’s a new application and that’s a lot of people to bring on to the system all at once. Our help desk is doing a tremendous job walking anyone encountering an initial sign on problem through the process. And the response to our own cryptocurrency backed projects in Cuba has been tremendous. The launch of the Vaycaychella App is an all-around success. We expect the user base to grow rapidly and accelerate even more after the introduction of our Vaycaychella App update later this year.”
Vaycaychella allows anyone and everyone access to purchasing a short-term rental vacation property that can be listed on Airbnb, VRBO and Booking.com.
The Vaycaychella App lets buyers create a profile to present their own talent and experience in addition to presenting the potential of the property to generate income.
Anyone can register as an investor – individuals or institutions. Registered investors can view details on the prospective short-term vacation rental properties and the individuals behind the vacation rental businesses that will be running the property.
The Vaycaychella App currently includes the listing of 10 target new properties in Cuba to restore and make short-term vacation rental properties expanding Vaycahychella's pilot program. The plan to finance the restoration of the 10 target properties is to offer a new cryptocurrency where holders of the cryptocurrency will be able to participate in the overall business surrounding the 10 target properties operation to include potential profit sharing.
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.
Vaycaychella, prior to being acquired by WSGF, built a pilot alternative finance business for short-term rental vacation properties backing a portfolio of beach rentals in the Caribbean. The pilot Vaycaychella portfolio is valued at approximately
WSGF’s pilot partner will now offer the 10 target properties in Cuba through the Vaycaychella App and introduce the cryptocurrency to back the development of an entire short-term vacation property rental business surrounding the 10 properties.
WSGF’s pilot partner plans for the 10 target properties to be just the first in a series of similar initiatives with new cryptocurrencies launching to back multiple portfolios of approximately 10 short-term vacation rental properties each. In addition to Cuba, WSGF’s pilot partner is targeting properties in Mexico, Puerto Rico and Turks and Caicos.
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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