Addition of VAYK cryptocurrency generates new investment
Dallas, Texas, December 03, 2021 (GLOBE NEWSWIRE) – Vaycaychella, Inc. (OTC PINK: VAYK) today announced that the company is actively negotiating a potential investment of $ 4 million to fund the expanding technology portfolio of the Company for the short-term vacation rental market put in the limelight over the past year with Airbnb’s IPO. Now vacation home manager Vacasa is expected to go public at an estimated valuation of $ 4.5 billion on Tuesday, December 7.e through a PSPC agreement (Shareholders approve deal to IPO of Portland-based Vacasa).
“The short-term vacation rental market is hot with more rooms under management and available online than those offered by top hotel brands cumulatively,” said Bill Justice, CEO of Vaycaychella. “VAYK is uniquely positioned to bring technology services to the short-term vacation rental market upstream from companies like Airbnb and Vacasa. We help entrepreneurs enter the market and have the tools they need to manage once they enter the market. Our cryptocurrency offering seems to really strike a chord with the investment community. “
VAYK plans to launch version 2.0 of its Vaycaychella P2P alternative application for purchasing short-term vacation rental properties by the end of this year.
Version 2.0 of the Vaycaychella app will be available soon. It is designed to include the ability for buyers of short-term vacation rental properties to launch their own cryptocurrencies to sell and raise funds for purchases and renovations.
Crowd-funded, cryptocurrency-backed one-to-many projects
The upcoming version 2.0 of the Vaycaychella app will add messaging that will allow entrepreneurs listing short-term vacation rental projects to interactively communicate with potential investors. The messaging feature will facilitate split investment. Entrepreneurs will still have the option of hiring investors on an individual basis (a project supported by an investor), but now entrepreneurs will also be able to finance projects involving many investors (a project supported by many investors).
The one-to-many crowdfunding investment model will be facilitated by marrying Vaycaychella 2.0 with a separate suite of Vaycaychella cryptocurrency services. Vaycaychella will provide two categories of cryptocurrency services. One will be for the creation of a cryptocurrency and the other for the exchange quote of a cryptocurrency.
Vaycaychella will allow entrepreneurs to create cryptocurrencies that offer buyers the opportunity to participate in the entrepreneur’s short-term vacation rental project. Project-specific cryptocurrencies will allow entrepreneurs to raise up to $ 1 million per project. There will be no limit on the number of projects an entrepreneur can pursue.
To improve the marketing of short-term vacation rental project cryptocurrencies, Vaycaychella is launching their own cryptocurrency exchange where entrepreneurs can list their cryptocurrencies backed by their short-term vacation rental property and investors. can then trade the cryptocurrencies.
To simplify the process and make it easily understandable, Vaycaychella is already working with its founding client, V-Royal, to create the first cryptocurrencies for new short-term vacation rental projects in Cuba. Along with the launch of Vaycaychella 2.0 and cryptocurrency services, V-Royal will have its first cryptocurrency projects underway. Other entrepreneurs will be able to study and follow the lead of V-Royal’s early cryptocurrency projects.
Vaycaychella remains on track to launch version 2.0 of the Vaycaychella P2P app for purchasing short-term vacation rental properties and cryptocurrency services before the end of the year.
To learn more and stay up to date with the latest updates from Vaycaychella, and to access the Vaycaychella app, visit https://www.vaycaychella.com/.
Safe Harbor / Disclaimer: This press 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 in this document will make significant sales, failure to meet the timing or performance requirements of the companies’ contracts, the liquidity position of the companies, the capacity companies to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In light of these uncertainties, the forward-looking events mentioned in this press release may not occur.
Guillaume “Bill” Justice