WSGF Targets Vacation And Real Estate Markets Post Covid Convergence
06 April 2021 - 11:51PM
ADVFN Crypto NewsWire
Dallas, TX -- April 6, 2021 --
InvestorsHub NewsWire -- World Series of Golf, Inc. (OTC
Pink: WSGF) ("WSGF"), through its new operating subsidiary,
Vaycaychella, today highlighted plans to capture the opportunity
anticipated in the convergence of the post Covid vacation and real
estate markets.
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.
Vaycaychella’s mission is to expand the
short-term rental ecosystem upstream from rental Apps like Airbnb
(ABNB), VRBO, Booking.com and Expedia (EXPE) to include a new App
that facilitates the purchase of short-term rental
properties.
WSGF is introducing the 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 new breed crowd of alternative
investors.
Management expects to launch the App no
later than May of this year and possibly by the end of April.
The App is undergoing Beta testing
now.
Covid, in general, has resulted in an
increase in short-term vacation rental demand as people look for
safe vacation alternatives. As vaccine programs roll-out, the
vacation market wide industry is likely to see the benefits of
overall pent-up demand.
At the same time, mortgage default
abatement programs implemented during Covid will come to an end
potentially resulting in increased foreclosures and a general
increase in supply of housing on the
market.
The convergence of an increase in vacation
demand and housing supply could result in an ideal buying
opportunity for would-be short-term vacation property
owner/operator entrepreneurs, and WSGF’s Vaycaychella App has the
potential to be the right tool at the right time to help
entrepreneurs (or as we like to call them “Rentrepreneurs”) to
purchase houses.
Fintech App Giving All Entrepreneurs
Access To Short Term Rental Property
Investment
The Vaycaychella app 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.
Cryptocurrency and
Crowdfunding
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”).
WSGF is in the process of a name change
that will include a ticker symbol change. No reverse or
forward split is currently underway with the name and ticker symbol
change.
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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