Saturday, August 24, 2019

CurioInvest - Bringing Collectables into the Digital World




Problem identification

Departing from several problems in terms of investment in luxury goods, especially in the field of vehicles by summarizing in more detail into five categories of problems, as well as limitations of access placed on who can buy it. In order to be eligible to buy a luxury vehicle. Vehicles that are used as collections should be valuable and profitable, but incur additional costs before profits can be because they need to be insured, stored and maintained, realized. Then as a luxury item picker, Lack of special knowledge because vehicles need to be checked by expert mechanics and all documentation needs to be verified. Then in the case of a transaction fee that is quite expensive because potential buyers need to carry out an expensive due diligence process to verify the authenticity of the car. And the last is very limited Diversification so that Cars that can be billed must be purchased directly, which is in sharp contrast to most other asset classes where fractional ownership is possible.

Introduction of Projects and Models Offered

This time I will introduce a project that might solve the above problem. The name of this project is Curio or it can be said as Curio Invest. This is an online investment platform that allows investors of all income levels to invest in high-value assets. Cars that can be collected consistently are among the highest performing alternative asset classes, but until now, the market is only viable for elite investors. CurioInvest uses the blockchain to disrupt the industry, allowing smaller investors to benefit from the billable car market. This is also an ideal opportunity for crypto investors to diversify their exposure by investing in tokens that are supported by tangible assets. CurioInvest's sister company Mercuria Helvetica AG has developed lasting relationships with many top automotive companies including Pagani, Ferrari and Mercedes-Benz. CurioInvest has developed an operational model that is tried and tested to manage the entire life cycle of automotive investment. CurioInvest has established contact with car care companies, insurance companies and tax-free physical storage providers. By establishing legal entities in Switzerland and Lichtenstein. Switzerland offers a stable regulatory environment and investor-friendly laws, while a base in Lichtenstein allows Curio Invest to legally sell tokens. The CurioInvest team and partners consist of experts with a proven track record in the automotive, IT, finance and investment industries.


With modern technologies such as crowdfunding and tokenization of assets to bring many small and medium investors to the market. Curio Invest Invest identifies rare or modern billable classic cars that are valued competitively and tend to increase in value over time. To finance a car, Curio Invest Invest launched a crowdfunding campaign. Investors and car enthusiasts can now invest in vehicles. Funds are saved in escrow (smart contract). If a crowdfunding campaign cannot be completed within three months, all investors will be refunded except the third-party payment processing fees. After a vehicle is purchased, Curio Invest Invest issues a security token that represents the value of the car. This token is then distributed to investors, proportional to the size of their investment. Security tokens confer the right to the token holder to share profits if the value of the vehicle increases. The token is distributed to the wallet which is automatically generated when the user registers on the Curio Invest Invest platform. Tokens can be traded peer to peer.

How it works

CurioInvest aggregates individual demand through its Liechtenstein-based tokenization structure which issues tokens directly link into the underlying target collectable car. Investing through traditional institutions is difficult and can take several weeks. CurioInvest has digitalised the process so that you can invest wtihin minutes while complying with regulations.



Step 1 - Become a verified user
  •      register with your email address
  •      complete a sign-up form
  •      verify your identity




Step 2 – Invest
  •     Invest with others in a collectable car by joining the crowdfunding campaign.
  •     Receive a certificate confirming your investment in the car.
  •      As soon as sufficient funds have been raised, Curio purchases the car.
  •      Next, Car Tokens are generated and distributed to the investors which replace the certificate.




Step 3 - Monitor and Diversify
  • Trade your tokens peer to peer.
  • Track the performance of your vehicles.
  • Buy new tokens to build up your garage and diversify your investment.




Conclusion


CurioInvest is an online investment platform that allows investors of all income levels to invest in high-value assets (especially Luxury Cars). CurioInvest uses a blockchain to disrupt the industry, allowing smaller investors to benefit from the billable car market by investing in tokens that are supported by tangible assets. With modern technology such as crowdfunding and asset tokenisation to bring many small and medium investors to the market. CurioInvest collects individual requests through a Liechtenstein-based tokenization structure that issues tokens that are directly connected to cars that can collect the underlying target. CurioInvest has digitized the process so you can invest in a few minutes while complying with the rules.




My ETH Address : 0xCC028E8465c39c8B5D250431c82239dc7EE48a6d

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