WSGF Publishes Update On Sharing Economy Fintech P2P Alt Real Estate Finance App
24 April 2021 - 12:19AM
InvestorsHub NewsWire
Dallas, TX -- April 23, 2021 --
InvestorsHub NewsWire -- World Series of Golf, Inc. (OTC
Pink: WSGF) ("WSGF") today published an update on the company’s
Vaycaychella P2P Alternative Real Estate Investment Application
expected to be released in May and potentially as early as the end
of April.
In response to the sharing
economy advances empowered by applications such as Airbnb
and VRBO, that enable every property owner virtually anywhere in
the world to generate income from renting a spare room to an entire
vacation property, WSGF’s has endeavored to help more people become
property owners by making real estate purchase finance more
accessible.
Last year, WSGF acquired Vaycaychella 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
vacation properties backing a portfolio of beach rentals in the
Caribbean. Vaycaychella built a portfolio valued at $1.2
million.
Vaycaychella’s pilot was weighted with a
social responsibility intent. The majority of properties are
located in Cuba and empower local entrepreneurs and create
jobs.
Vaycaychella founders are excited about
what their alternative finance services can do for empowering
entrepreneurs in developing economies around the world, at the same
time empowering entrepreneurs
everywhere.
Vaycaychella has continued to expand its
portfolio since coming under WSGF notably adding a Boutique Hotel
in Havana, Cuba expected to be opening
soon.
Drawing on its pilot program experience,
Vaycaychella plans to soon launch an peer to peer (P2P) application
(App) to scale its alternative real estate purchase finance model
globally.
Vaycaychella has built an application that
enables entrepreneurs seeking investment to post their target
property purchases and/or property renovation projects for
consideration by private investors. In addition to posting
their project, the Vaycaychella app enables entrepreneurs to post
their own personal profiles so investors can consider both the
experience and character of the entrepreneur in addition to the
fundamentals of the property or renovation
project.
The Vaycaychella app is currently live in
a beta trial. Notably, an overwhelming number of beta users
have signed up as Investors giving a strong indication that
investment is available and interested in backing entrepreneurs in
their property purchase and renovation
projects.
A next version of the beta software is now
ready for release. Prior to publishing the next version, the
company is upgrading its support
capabilities.
The Vaycaychella app is on track for going
live in May and possibly by the end of
April.
The company has already started on
Vaycaychella 2.0 with crowdfunding and cryptocurrency functionality
expected to be available later this
year.
WSGF recently released a comprehensive,
overall business update in conjunction with its recently published
FY2020 Annual Report. Follow the link below to see the full
update:
WSGF Update
- Serving Future Airbnb and VRBO
Operators
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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