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VAYK Announces First Short-Term Vacation Rental Backed Cryptocurrencies In The Works
VAYK Announces First Short-Term Vacation Rental Backed Cryptocurrencies In The Works.
About this update from Vaycaychella Inc.
[{"type":"text","content":"\n Dallas, Texas, Feb. 01, 2022 (GLOBE NEWSWIRE) -- Vaycaychella, Inc. (OTC Pink: VAYK) today announced it has a team on the ground in Cuba working on the selection and terms to add an additional ten beach house properties to its portfolio of short-term vacation rental properties.   These next ten properties will be listed on the company’s soon to be releases Peer-To-Peer (P2P) Alternative Finance Application Version 2.0 (V 2.0) where individuals will have the opportunity to invest in the renovation of the properties and participate in the long-term economic benefits from operating a short-term vacation rental property.   These next ten properties will be the first properties on the VAYK V 2.0 App where a cryptocurrency will be offered enabling multiple investors to make fractional investments in the short-term vacation rental operations and participate in the economic benefit generated by the short-term vacation rental operations.  VAYK has already launched an award winning  Peer-To-Peer (P2P) Alternative Finance Application for individuals and SMB operators to source purchase financing for short-term vacation rental properties.  V 2.0 is coming soon.  Last week, the company announced entering into a letter of intent (LOI) agreement to acquire Definancial, Inc., a technology firm that has developed a proprietary cryptocurrency exchange technology solution.  VAYK plans to soon release a new version of the P2P Alternative Finance Application and integrate the new version with the ability for individuals and SMB operators to launch and list cryptocurrencies where the proceeds from cryptocurrency sales are used to finance the purchase of short-term vacation rental properties and fund other short-term vacation rental business start-up expenses. Cryptocurrency holders will have a redeemable economic interest in the short-term vacation rental business.  The LOI to acquire Definancial, Inc. is specifically intended to support VAYK’s cryptocurrency strategy with the addition of a cryptocurrency exchange where short-term vacation rental business cryptocurrencies can be listed.  VAYK is an early-stage business building a portfolio of technology solutions to further democratize participation in the tourism market extending more opportunity to individuals and small and mediu...