WSGF Emphasizes The Democratized Intent Of Its Real Estate Investment App In Light Of Robinhood, Reddit And GameStop News
29 January 2021 - 06:21AM
InvestorsHub NewsWire
Dallas, TX
-- January 28, 2021 -- InvestorsHub NewsWire
-- World Series of Golf, Inc. (OTC
Pink: WSGF) ("WSGF"), today emphasized the democratized intent
of their Vaycaychella short-term rental property investment
application in light of recent Robinhood, Reddit and GameStop
News.
From a recent Yahoo
Finance article:
The pandemic, stimulus
checks, the ability
to own less than one full stock, and concurrent rise of
commission-free trading have coalesced into ripe conditions for
first-time investors. It’s been a good time for both buy-and-hold
types and the daytraders
meme-ing Gamestop (GME) to
the moon. (The stock has soared more than 1,000% so far in January,
though… check because it’s changing every
minute..)
Robinhood, which is responsible for
popularizing both commission-free trades and fractional investing,
has long had the goal of democratizing investing. In an interview
with Yahoo Finance, CEO Vlad Tenev explained that the investing
climate of the past few days has illustrated a key problem in the
world of investing – inequity.
“Retail investors and individuals have
felt like they’ve been talked down to. Lots of them felt like they
haven’t been taken seriously,” he said. “There’s this term
'sophisticated investor’ that’s been thrown around, so there’s an
idea that they’re
unsophisticated.”
WSGF acquired Vaycaychella last
year. Vaycaychella is now WSGF’s primary business
focus. A corporate name change is
underway.
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 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.
Yesterday, through its subsidiary,
Vaycaychella, WSGF announced that the company remains on track for
the scheduled beta launch of its Vaycaychella fintech short-term
rental P2P alternative finance app in
February.
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.
WSGF plans to beta launch its Vaycaychella
P2P app to beta users in February 2021 with a production launch
anticipated in June.
Look for an announcement next week on a
sneak peek presentation providing an overview of the functionality
and look and feel of the Vaycacyhella
app.
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
Vaycaychella (PK) (USOTC:VAYK)
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