Dallas, Texas, May 4, 2022 (GLOBE NEWSWIRE) — Vaycaychella, Inc. (OTC Pink: VAYK) announced today that the company is about to launch the next version of its award-winning Peer-2-Peer alternative financing app. (APP) to obtain financing to purchase income-generating vacation properties.
VAYK is a technology company that democratizes access to the short-term vacation rental property market elevated by the rise of short-term rental apps like Airbnb and VRBO.
In addition to the existing functionality that democratizes access to financing for the purchase of short-term vacation rental properties, the next version will introduce fractional investment where multiple investors will be able to back a single short-term vacation rental project. Features that facilitate split investment will include real-time messaging between project owners and investors.
The upcoming version is a first step in adding the ability to invest in short-term vacation rental projects by purchasing cryptocurrencies.
VAYK recently purchased a cryptocurrency exchange and work is underway to launch the exchange immediately.
VAYK is hosting an event in Cuba later this month to break our way through the first ever cryptocurrency offering. Participation will be limited but it is not yet closed. We are still following up with people who have expressed interest.
The objective of the event is to raise funds through the issuance of an initial cryptocurrency to finance additional properties in the same neighborhood where the existing short-term vacation rental properties are located in the VAYK pilot project.
The initial cryptocurrency will also be the first cryptocurrency listed on the cryptocurrency exchange recently purchased by VAYK.
Specifically, the cryptocurrency will not be an asset controlled or offered by VAYK. VAYK has supported V-Royal with a loan to acquire the existing pilot properties in Cuba. V-Royal will facilitate the offering of cryptocurrencies to finance additional properties. The cryptocurrency will be listed on the VAYK cryptocurrency exchange.
VAYK has targeted the release of the next version of its app by the end of April, and management indicates that the release is close. The first version was a web application available on computers and mobile devices through a browser. The next version includes a downloadable app for mobile devices. The final review starting Monday of next week is focused on testing interoperability on all mobile devices.
For more information and to keep up to date with the latest updates on Vaycaychella, and to access the Vaycaychella app, visit https://www.vaycaychella.com/.
Disclaimer/Safe Harbor: This press release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company’s current views regarding future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned here will achieve significant sales, the non-compliance with the programming or execution requirements of the companies’ contracts, the liquidity position of the companies, the capacity of the companies to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive prices. In light of these uncertainties, the forward-looking events referenced in this release may not occur.
William “Bill” Justice