WSGF To Preview Alt Finance App For Short-Term Rental Property Purchases Targeting Growing Segment Within 6.8 Trillion Market
February 04 2021 - 9:00AM
InvestorsHub NewsWire
Dallas, TX -- February 4, 2021 --
InvestorsHub NewsWire -- World Series of Golf, Inc. (OTC
Pink: WSGF) ("WSGF"), through its new operating subsidiary,
Vaycaychella, today confirmed that tomorrow, on Friday, February
5th, the company will publish a multimedia preview
presentation of its alternative finance application to facilitate
the purchase of short-term rental properties. The
Vaycaychella app is designed to empower a new generation of
short-term rental property operator entrepreneurs and to give
access to a new generation of real estate
investors.
WSGF acquired Vaycaychella last
year. Vaycaychella is now WSGF’s primary business
focus. A corporate name change is
underway.
Vaycaychella’s mission is to expand the
short-term rental ecosystem with the introduction of their
Vaycaychella App to connect would be short-term rental property
buyers with a new breed of alternative
investors.
The Airbibn IPO in December has put the
spotlight on the overall short-term rental market. WSGF
points out that the short-term rental market ecosystem is much
bigger than connecting renters with rental
properties.
WSGF plans to move upstream from Airbnb in
the short-term rental ecosystem with the introduction of its
Vaycaychella App facilitating the entrance of new short-term rental
property operators and investors into the short-term rental market
ecosystem.
The short-term rental market is
anticipated to soon exceed $100
billion. The global home loan property market has an
estimated value of $6.8
trillion. WSGF’s target market is a segment of the $6.8
trillion market.
WSGF plans to present a demonstration of
its Vaycaychella alternative, short-term rental property investment
application tomorrow, Friday, February 5th, 2021 and
launch the app to beta users later this month. A production
launch is targeted for June.
Vaycaychella has built a peer-to-peer
(P2P) technology solution designed to connect short-term rental
property buyers with alternative investors. The P2P
application (app) is part of a fintech ecosystem solution suite for
short-term rental property owners that includes a Visa Card
solution and plans for a cryptocurrency
component.
In addition to providing would be
short-term rental property buyers with access to a new investment
market sector, Vaycacyhella is opening up the opportunity to invest
in real estate to individuals that might not otherwise have ever
had an opportunity to invest in real estate deals
before.
Vaycaychella plans to include
a cryptocurrency-based
function to facilitate
fractional investment in short-term rental
properties.
Vaycaychella’s intent is for everyone to
have an opportunity to invest in long-term real estate value
appreciation, not just those that can afford a down payment and
qualify for a mortgage.
Over the past three years Vaycaychella has
built a portfolio of short-term vacation property investments that
would not typically qualify for conventional mortgages. Now
the company is scaling its business model with the introduction of
its P2P technology.
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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