AN OVERVIEW OF CURIOINVEST PLATFORM
Over the past years, collectible cars have become a great interest since the first production of such modern cars. Unfortunately, this amazing opportunity is accessible to a small group of people due to the high cost of entry to such market. Below are some challenges that comes with investing in collectible cars:
There is limited access. Most collectible cars are not sold on the open market as ordinary cars are sold. Additionally, they are manufactured in limited edition.
There is also high cost of acquisition and maintenance. The high cost of the car and the additional costs such as insurance, storage, maintenance is a challenge to most individuals who wish to invest in this space.
There is also high transaction costs. This usually includes some main factors such as lack of transparency.
There is also limited diversification. Collectible cars are usually acquired almost immediately without any collateral. There are even instances where even the rich investors can’t afford to have a lot of collectible cars.
The mission of CurioInvest is to ensure that all individuals able to invest in collectible rare cars especially on the territory of Switzerland and Liechtenstein. CurioInvest seeks to create a unique and innovative online platform, created mainly on the basis of blockchain technology, which allows investors the opportunity to purchase special security tokens. These tokens will be connected with the acquisition and buying of desired cars. In addition, the tokens allows investors to receive a large share of profits anytime the value of the underlying car increases. CurioInvest tries to take out high barriers on the marketing of vintage cars. The threshold as entry fee is only $500 and they have the opportunity to buy stakes in a number of vehicles. The project CurioInvest has many functions and actually simplifies the process of investing. Any user or investor can register and partake in the sales of Curio tokens. After investing, the CurioInvest Company takes the huge responsibility to acquire, maintain, insure and sell the car. CurioInvest also takes care of all paper works or problems involving the car.
Interestingly, the company has already made a number of successful auto trade with some world acclaimed brands when it comes to rare collectible cars. CurioInvest makes use of the Mechatronik GmbH to ensure good storage and maintenance of vehicles. Since the platform is created on the innovative blockchain technology, and this means a high level of transparency, security and liquidity. The company CurioInvest is trying really hard to become the main brand that deals with the sales of rare modern high-tech cars and the stock exchange where they can easily be the trading of Curio, which is a security token.
CurioInvest is a subsidiary company of Mercuria Helvetica AG, a company that has a good network with many automotive companies, including Ferrari, Mercedes-Benz. CurioInvest have developed a great structure and plan to manage automotive investment.
HOW TO BECOME A USER ON THE CURIOINVEST PLATFORM
- Register and become a verified user. This implies registering with your email address, filling out the registration form and confirming your identity.
- Invest some funds on the platform. Invest with others in a collector’s car by joining the company’s crowd funding or tokensale. An investor receives a certificate confirming their investment in a particular car on the platform. Whenever there is enough funds, CurioInvest makes the purchase of the car. Afterwards, there is generation and distribution of automotive Curio tokens among investors which eventually replace the certificate.
- There is also monitoring and diversification. Users can easily sell their tokens on the peer-to-peer trading platform and also track the performance of all vehicles.
CONCLUSION
I believe CurioInvest is an amazing platform to invest in amazing cars that comes with high level of technology with great features to meet the needs of all users and most investors would certainly appreciate the platform when it is fully functional.
Social Media:
https://twitter.com/curio_invest
https://www.facebook.com/Curioinvest/
https://t.me/curiocarQA
https://www.linkedin.com/company/curio-capital-ag/
https://www.instagram.com/curioinvest/
Posted by alekseikivolov
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ETH address: 0xE4FA0176e11841fEA5284bf291B65df0ff52D018