Whereas the identify of the father or mother firm could also be complicated when discussing cryptocurrency, a wholly-owned subsidiary of World Sequence Of Golf Inc. (OTCPK:WSGF) confirmed at the moment that the event is underway so as to add cryptocurrency and crowdfunding features to the corporate’s Vaycaychella App.
World Sequence of Golf is a sports activities leisure firm, which hosts newbie golf tournaments and occasions and seeks to create branded merchandise, video games, media, and leisure primarily based on its proprietary golf match methodology of play.
On January 2, 2020, the Firm acquired Vaycaychella, LLC, a enterprise facilitating financing for the acquisition and renovation of actual property properties for the aim of producing income from short-term trip leases. Vaycaychella’s mission is to serve short-term trip rental house owners and traders within the close to time period with a peer-to-peer (P2P) lending software (app) beneath growth. Vaycaychella’s plans within the longer-term are to introduce extra apps that present ancillary providers to short-term rental house owners and traders.
Merchants had been bullish on the information as shares acquired as much as a session excessive of $0.0329/share (+26.44%). This transfer comes a day after the inventory got here into contact with its 50-day SMA, seeking to proceed its uptrend.