CurioInvest - Digital Collectibles
Over the past 15 years, collectible cars have been far ahead of many traditional indexes such as the Dow Jones and S & P 500. However, not everyone can take advantage of this investment opportunity. Only elite investors can invest in collectible cars. This restriction is associated with some barriers to entry into the markets. Barriers can be the high cost of selling rare cars and the difficult work with documents and administration that need to be performed. Given this problem. CurioInvest is present so that everyone can take part in investing in limited edition collectible cars. CurioInvest launches a blockchain-based digital platform that allows investors to buy tokens directly supported by rare collectible vehicles.
Today we’ll talk about this type of investment that is associated with collectible cars. I’m sure that you have heard about this type of investment more than once in your life and you are well aware that collecting old car models is one of the profitable assets of this market. What can I say, this type of asset for 2018 showed the highest percentage of profit at 289% among similar collection areas, namely such as: jewelry 125%, various collection coins 182%, wine 147% and watches 73%.
The first problem investors usually encounter is limited access. Rare collection cars are produced in limited quantities, and these cars can only be purchased by those who are eligible. To be eligible, potential buyers must prove that they have several other vehicles of the same brand. Other suitable buyers are those who are members of a club or vintage fan group.
The second problem is related to high capital requirements that not everyone can afford. Everyone knows and understands that valuable collectible cars have expensive starting purchase prices. But this is not the only price buyers must pay. After purchase, the car must be serviced and insured. Of course, this requires additional costs before they make a profit. The third problem is related to examination. The knowledge of a specialist from an experienced mechanic is necessary to assess the origin and value of the car, especially if it is a used vehicle. Working with document verification is not easy, because it must be performed in a complex procedure.
How CurioInvest Works
To solve the aforementioned problems, CurioInvest uses tokenization to remove the barriers encountered when investing in collectible cars. Asset tokenization is a process in which a digital asset is maintained by the car as a physical asset. Asset tokenization can solve problems related to liquidity and diversification. In addition, it requires less cost and less bureaucracy. Moreover, the deal can be completed faster. By tokenizing investment-class cars, thousands of new investors can open up the collectible car market. In other words, CurioInvest allows them to invest and profit from the market. In accordance with the goal of CurioInvest - to become the best platform in the world for everyone who wants to buy and sell collectible security tokens. With the proposed solutions.
As for the advantages of this system over the classic market of collectible cars, everything is much simpler than you might think at first glance:
- firstly, CurioInvest due to its tokenization of assets, will be able to provide liquidity to the client’s investment assets. And also to exclude additional, so-called “discount” waste in the form of 20/30% overpayments;
- secondly, the presence of a tokenized system in CurioInvest will allow all lovers of collectible cars to diversify their risks associated with investing in this type of assets. Having thus distributed its capital in equal shares to two different cars;
- thirdly, thanks to the blockchain network, the CurioInvest platform offers all its users an independent, reliable, safe and transparent environment. Where users can eliminate, such negative aspects of the traditional market for collectible cars, such as: bureaucracy, high fees, limited entry threshold, the absence of any other conditions, and also exclude a number of intermediaries who also want to snatch your tidbit from any of your transactions.
IEO:
- CUR = 1$
- Soft Cap: 300 000$
- Hard Cap: 2 000 000$
- IEO: 21.08 - 20.09
Product Team
The core team of this project consists of four people. The first is Fernando Verbunen, who is the founder and CEO. Before starting the project, he already had some experience in this area. He began his career at Mercedes Benz. Graduated from ETH Zurich. He was the CEO of Mercuria Helvetica. This is Fintech, an exotic car investment company. He also participated in the exit of the Swiss portfolio company CVC. In addition, Fernando, he was involved in a number of venture projects specializing in software at Siemens VC. The combination of passion and experience among key members ensures the success of the project.
In conclusion, CurioInvest has a business model that intends to use the latest technologies, such as blockchain and tokenization, to bring a large number of traders of both low and high class to the collectible car market.
Additional Information:
Website: https://curioinvest.com
Whitepaper: https://docs.google.com/document/d/16RBxiuPNhG7DkvTx9odzcQvPc9EdTKnmKaohURxrLTA
Bitcointalk: https://bitcointalk.org/index.php?topic=5175820.0
Telegram: https://t.me/curiocarQA
Twitter: https://twitter.com/curio_invest
Facebook: https://www.facebook.com/Curioinvest
My BTT profile: CryptoSam19 (https://bitcointalk.org/index.php?action=profile;u=2531795)
ETH: 0xaB45d7B3c5Baa3bb33DDe80230CaD983F669aAdF
Interesting project, it is the team that interested me, and judging by the activity and approach to everything, I think it will be a success.
Meetings with investors and other people who can become potential investors are always needed. Tell about your product, answer their questions and dispel their doubts.
Cool project. I am very proud to participate in such a wonderful project as an investor.
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