WSGF Entertains Alternative Real Estate Finance Cryptocurrency Partnership
World Series of Golf (WSGF) has confirmed ongoing development of its Vaycaychella App, which aims to integrate cryptocurrency and crowdfunding functions for real estate investments. The app is in beta testing, with plans for a full launch by June 2021. The company is focused on empowering short-term rental entrepreneurs and has received interest from cryptocurrency ventures. Additionally, a name and ticker symbol change is in progress to reflect its new focus in alternative real estate finance.
- Development of Vaycaychella App with cryptocurrency and crowdfunding features.
- Version 1.0 launch expected by June 2021.
- High interest from beta users for property purchases using cryptocurrency.
- Potential partnerships with cryptocurrency ventures.
- None.
DALLAS, March 18, 2021 /PRNewswire/ -- World Series of Golf, Inc. (OTC Pink: WSGF) ("WSGF"), through its new operating subsidiary, Vaycaychella, today confirmed development underway to add cryptocurrency and crowdfunding functions to the company's Vaycaychella App.
"We are well on track to have version 1.0 of our Vaycaychella App production launched by June of this year, if not earlier," said William "Bill" Justice, CEO of WSGF and Vaycaychella. "Version 1.0 is in beta test now and our beta users have expressed a high degree of eagerness for us to add the ability to purchase properties with cryptocurrency in addition to adding the ability to crowdfund the purchase of properties. Separately, we have had more than one cryptocurrency venture approach us about building a partnership. Not to mention the emails we get from individuals that apparently have cryptocurrency and want to use it to purchase a property right now."
The Vaycaychella App, currently in beta test, is designed to empower a new generation of short-term rental property operator entrepreneurs (or Rentrepreneurs) and to give access to a new generation of real estate investors.
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. The name change will include a ticker symbol change. No reverse or forward split is concurrently underway with the name and ticker symbol change.
The company recently announced kicking off development efforts on the next version of the company's alternative real estate finance application designed to facilitate the purchase of short-term rental properties. The Vaycaychella App Version 2.0 will include cryptocurrency and crowdfunding features to expand alternative finance options available to entrepreneurs ("Rentrepreneurs").
Management confirms the Vaycaychella App Version 1.0 production release is on track for June.
Vaycaychella's mission is to expand the short-term rental ecosystem upstream from rental apps like Airbnb, VRBO, and Expedia to include the short-term rental property purchase with the introduction of our Vaycaychella Peer-To-Peer (P2P) App to connect would be short-term rental property buyers that might not have had the resources before to make a purchase, with a crowd of new breed alternative investors.
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
+1 (800) 871-0376
View original content:http://www.prnewswire.com/news-releases/wsgf-entertains-alternative-real-estate-finance-cryptocurrency-partnership-301250368.html
SOURCE World Series of Golf, Inc.
FAQ
What is the expected launch date for the Vaycaychella App version 1.0?
Will the Vaycaychella App allow cryptocurrency purchases for properties?
What changes are underway for WSGF regarding its name and ticker symbol?
What is the purpose of the Vaycaychella App?
Is there any financial risk mentioned in the WSGF press release?
