Dallas, Texas, Feb. 2 2022 (GLOBE NEWSWIRE) — Vaycaychella, Inc. (OTC Pink: VAYK) today brought to light a report from statistical indicating that emerging markets are one of the main contributors to the growth of cryptocurrency adoption. In fact, Vietnam is reported to be the far leader in the growth of cryptocurrency adoption. VAYK management views the leadership in the growth of cryptocurrency adoption in emerging markets as a validation of the company’s current pilot project in Cuba and the company’s overall growth strategy.
Extract from today’s Stastia report:
“One of the reasons cryptocurrencies are proving popular in Vietnam – and other developing countries – is that they are used as an investment tool instead of other good options, according to the report. Trying to preserve the value of one’s savings when local currencies crash is another incentive for investing in crypto, putting Venezuela, Argentina, and Turkey on the map for crypto adopters.
Individuals in developing countries are also using crypto in peer-to-peer payments. In this segment, African countries such as Nigeria and Kenya occupy a prominent place. African countries have been at the forefront of adopting innovative P2P payment methods, for example mobile payments, in the process of overtaking options like bank transfers and related digital payment options.
Last week, VAYK announced that it had entered into a Letter of Intent (LOI) agreement to acquire Definancial, Inc., a technology company that has developed a proprietary cryptocurrency exchange technology solution.
VAYK plans to release a new version of its alternative P2P finance app soon and integrate the new version with the ability for individuals and SME operators to launch and list cryptocurrencies where proceeds from crypto sales are currency is used to finance the purchase of a short-term vacation rental. properties and fund other short-term vacation rental business start-up expenses. Cryptocurrency holders will have a repayable economic interest in the short-term vacation rental industry. The letter of intent 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.
Yesterday, VAYK announced that it has a team on the ground in Cuba working on the selection and terms to add ten additional beach house properties to its current portfolio of short-term vacation rental properties.
These next ten properties will be listed on upcoming releases of the 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 properties and participate in the long – the long-term economic benefits of operating a short-term vacation rental property.
These next ten properties will be the first properties on the Vayk v 2.0 application where a crypto-currency will be offered for several investors to make split investments in short-term vacation rental operations and to participate in the economic benefits generated by the Short term holiday rental. operations.
VAYK has already launched a Award-winning alternative Peer-To-Peer (P2P) financing application for individuals and SME operators to find financing for the purchase of short-term vacation rental properties. V 2.0 is coming soon.
VAYK is a start-up company developing a portfolio of technology solutions to further democratize participation in the tourism market, providing more opportunities for individuals and small and medium-sized enterprises (SMEs).
Vayk develops and extends its portfolio of technological solutions to further democratize participation in the tourism industry on the basis of its practical experience with an initial and ongoing pilot project consisting of ten beach houses (separate from the ten new properties addressed. here today) and a small boutique hotel where VAYK provided financing for small businesses to acquire and renovate real estate.
VAYK sees real estate investment in emerging markets, similar to the company’s current pilot project in Cuba, as a great strategic growth opportunity. Statista’s report today on the growth of cryptocurrency adoption in emerging markets as validation of VAYK’s growth strategy.
Vayk recently published a complete study Presentation of Strategic Overview 2022 with more details on how the ten-property expansion and letter of intent announced today fits into the company’s overall strategy.
To learn more and follow the latest Vaycaychella updates, 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. Statements reflect the Company’s current beliefs regarding 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, failure to meet deadlines or performance requirements of the companies’ contracts, the companies’ liquidity condition, the companies’ ability 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 discussed in this press release may not occur.
William “Bill” Justice