CurioInvest - Bringing Collectables into the Digital World 🚀 🚀

jamesndungu (61)in #blockchain • 5 years ago

Tokenization on the blockchain has been steadily trending with almost every commodity being tokenized from paintings, company stocks to real estate. It’s a technique that converts rights to an asset into a digital token. For instance,assume that there is a 200,000 dollar apartment.

Tokenization can transform such an apartment into 200,000 tokens. Once an asset is tokenized,its digital representation is created, and it lives on the blockchain which guarantees that the information of ownership cannot be altered in any way.

Benefits of asset tokenization.

══════════════════════════════════

Liquidity.

Through tokenization, a customer/consumer can be able to purchase an asset, for example a collectible car, without the need to purchase the item outright. Theoretically,this is possible, but using traditional financial methods, the investors are required to pay a fee called an illiquidity discount which ranges up to 20-30 percent. Tokenization, however, gets rid of such unnecessary costs.

Diversification.

Tokenization also allows investors to spread risk by purchasing tokens in multiple collectible limited-edition cars. This translates to if one of these supercars does not perform as well as expected, this loss can then be offset by profit on other supercars.

Reduced cost.

With tokenization and pretty much blockchain technology in general, the decentralization factor eliminates the need for any middlemen. This means that the investor does not have to spend their hard-earned funds paying high amounts of fees; they are reduced greatly.

Reduced bureaucracy.

Everything with tokenization can be controlled and kept track of online, unlike in traditional investments.

Faster settlements.

Transactions on blockchains are much faster due to the high liquidity and automated nature of the system.

Reasons why you should invest with Curio Invest.

══════════════════════════════════

This platform is not starting from scratch.It has a sister company Mercurio Helvetica AG which has already developed long-lasting relationships with numerous top-tier automotive companies like Mercedes-Benz, Ferrari etc hence it has access to a lot of collectible vehicles.

They have developed a tried and tested operational model to run the whole life cycle of automotive investment. This means they have established contacts with insurance firms, car maintenance companies, and tax-free physical storage providers.

Curio Invest has established legal entities in Lichtenstein and Switzerland. Switzerland provides a stable regulatory environment and investor-friendly laws, and Lichtenstein allows the platform to sell security tokens throughout the European Economic Area (EEA) legally.

The team running Curio invest has a proven track record of trading investment-grade vehicles at Mercuria Helvetica AG and has partnered with Mechatronik GmnH thus at no point do you get to question about their work ethic and skills.

How the platform works:

══════════════════════════════════

🔗 You first need to become a verified user by registering with your email address, completing a sign-up form and verifying your identity.

🔗 Secondly, you invest with other members in a collectible car by joining the crowdfunding campaign. After which you receive a certificate confirming your investment in the car. As soon as enough funds are raised, Curio buys the cars, and finally, car tokens are generated and distributed to the investors.

🔗 The final step is where you trade your tokens p2p, track the performance of your car and then you can buy new tokens to build up your garage and diversify your investment.

CONCLUSION.

══════════════════════════════════

Curio Investment is getting rid of the barriers to entry to the collectible car market and as well greatly simplifying the process of investment. The investor can register and buy tokens online while the platform manages the purchase, maintenance,insurance and sale of these unique vehicles as well as handle all the related administration and paperwork. Curio Investment will offer transparency,security, and liquidity to a market space that was previously only accessible to a limited number of elite investors.