VAYK Reaffirm Cryptocurrency Strategy to Disrupt $64 Billion Short-Term Rental Market
29 Febrero 2024 - 8:00AM
InvestorsHub NewsWire
Dallas, TX --
February 29, 2024 -- InvestorsHub NewsWire -- Vaycaychella, Inc.
(OTC
Pink: VAYK) ("VAYK") today reaffirmed that the company intends
to introduce disruptive technologies into the $64 billion
short-term rental market, including application of blockchain
technologies such as cryptocurrency and non-fungible token
(NFT).
Acquisition of
Cryptocurrency Exchange Solution
The company
completed a reverse-merge to become a public company in 2021, with
introduction of its award-winning APP to facilitate short-term
rental property investment and operation, by connecting investors
directly to opportunities in different geographical regions. In
March 11, 2022, Vaycaychella closed the acquisition of Definancial,
Inc., a technology firm that owned a proprietary cryptocurrency
exchange technology solution that was under development.
Cash Revenue to
Support Further Development of Cryptocurrency Solution
With new focus on
domestic short-term rental market, the company aims to operate more
short-rental properties in fast-growing metropolitan areas in
continental United States. Management of the company believes
that it will start to generate cash revenue in the second half of
2023, and avows that the company will cut its administrative costs
to direct most of its net income to develop technology solutions,
including the APP and the cryptocurrency exchange solution.
NFT (Non-fungible
Tokens) from Newly Acquired Historic Landmark
The company plans
to release Non-fungible Tokens (NFTs) based on its newly acquired
rights on a $2.5 million property, which is a nationally registered
historic landmark. The property has 122 years of history, and is
the oldest Victorian Mansion on arguably the busiest street of
downtown Atlanta, the State of Georgia. The property in itself is a
tourism attraction, and will be converted into a short-term rental
property targeting tourists. Meanwhile, its cultural and historical
value will also be monetized through issuance of NFTs, which will
be much more accessible and available to tens of millions of people
globally who appreciate history of landmark
buildings.
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.
VAYK Contact:
Contact@Vaycaychella.com
Vaycaychella (PK) (USOTC:VAYK)
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De Jul 2024 a Ago 2024
Vaycaychella (PK) (USOTC:VAYK)
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De Ago 2023 a Ago 2024