Blockchain
WSGF Publishes Update on Sharing Economy Fintech P2P Alt Real Estate Finance App
Dallas, Texas–(Newsfile Corp. – April 23, 2021) – 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
[email protected]
(800) 871-0376
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This Week in Finance News: 11 Stories You Need to See
With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.
The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.
- Prosperity or catastrophe: #Insurance2040 study reveals four possible futures for the industry
By 2040, technological innovation driven by customer centricity could pave the way to greater climate resilience and more personalized offerings by the insurance industry. Alternatively, insurance could become a luxury afforded only to the wealthiest few. - Cardinal Health announces two strategic additions to its portfolio
Cardinal Health will acquire a majority stake in GI Alliance (GIA), the country’s leading gastroenterology (GI) management services organization (MSO), from a combination of GIA physician owners and funds managed by affiliates of Apollo. Cardinal Health will also acquire the Advanced Diabetes Supply Group (ADSG), one of the country’s leading diabetic medical supplies providers, for approximately $1.1 billion in cash. - BlackRock Launches New BUIDL Share Classes Across Multiple Blockchains to Expand Access and Potential of BUIDL Ecosystem
This initiative represents the next step in the evolution of the tokenization market, by enabling BUIDL to be used within leading blockchain-based financial products and infrastructure across ecosystems. - Primo Brands Corporation Announces Successful Completion of Merger of Primo Water and BlueTriton Brands
“I believe Primo Brands is positioned to be a leader in the healthy hydration beverage category, thanks to the strength of its iconic, sustainably-sourced brands, its robust operations and extensive North American network, and its responsible operation of numerous springs across the country,” said Dean Metropoulos, Non-Executive Chairman of the Board of Directors of Primo Brands. - Jackson Hewitt Tax Services Expands Workforce, Offering Job Opportunities Nationwide for Upcoming Tax Filing Season
The week-long event will launch the combined hiring of 18,000 employees to prepare for the upcoming tax filing season. The Jackson Hewitt hiring events are open to the public and include on-site interviews. Qualified candidates could receive a job offer immediately. - PNC Bank to Double Planned Branch Openings to More Than 200 Across Six States This announcement brings the bank’s total investment to approximately $1.5 billion to open more than 200 new branch locations in 12 cities across the U.S. over the next five years, while completing the renovations of 1,400 existing branches during the same time period.
- Alchemy Pay Expands Virtual Card Functionality with Google Pay Support The new card BINs added will significantly enhance the capabilities of crypto cards, expanding their support for a broader range of payment scenarios and improving transaction success rates. This advancement is particularly impactful when paired with Google Pay, one of the most popular and widely used digital payment platforms, trusted by millions for its convenience and security.
- Finaya Unveils Nationwide Homeownership Platform
From providing rich and current information about home values and property conditions, to finding helpful repair and remodeling providers, to shopping for and securing the right insurance, the platform simplifies the homeownership process, making it more accessible, convenient and efficient. - GenAI predicted to inspire revenue growth in 76% of businesses, but only 4% qualify as “leaders” in AI and analytics
Kearney’s report confirms that businesses are not only aware of how big data, AI, and analytics will impact revenue generation and enhance business strategies, but they are investing to stay ahead of the curve, too. - GameAbove Sports Acquires Meaningful Ownership Stake in Brisbane Bullets with NBA Legend George Gervin as Part of Ownership Team
This move marks a significant milestone for GameAbove Sports, a CapStone Holdings Inc. company, as it expands its influence on international basketball ahead of the Brisbane 2032 Olympics. - Most US shoppers are encountering generative AI while shopping without realizing it
A survey of 700 online shoppers in the US shows 71% are unaware of having used generative AI while shopping online even though most had recently shopped at retailers currently using it. 41% of customers say they would feel comfortable using a generative AI tool from a brand they trust.
For more news like this, check out all of the latest finance-related releases from PR Newswire.
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