WSGF Previews Short-Term Vacation Rental Property Backed Cryptocurrency
May 28 2021 - 10:24AM
InvestorsHub NewsWire
Dallas, TX -- May 28, 2021 -- InvestorsHub
NewsWire -- World Series of Golf, Inc. (OTC
Pink: WSGF) ("WSGF") today previewed plans for the introduction
of cryptocurrency to finance short-term vacation rental property
businesses.
Earlier this week, WSGF announced the
launch of its Peer to Peer (P2P), Fintech, Alternative Short-Term
Rental Purchase Finance Application (App), called
Vaycaychella.
Vaycaychella allows anyone and everyone
access to purchasing a short-term rental vacation property that can
be listed on Airbnb (ABNB), VRBO (EXPE), and Booking.com
(BKNG).
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 launch will soon include 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 $1.2 million.
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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