CURIOINVEST : INVEST IN RARE EXPENSIVE CARS EFFORTLESSLY.
INTRODUCTION
The collectable car market is quite narrow and difficult to invest in it because of the existence of so many barriers that is apparent in it. Most times an investor might have to purchase stakes that are higher than what they could ever afford. But this platform (CurioInvest) has lowered the minimum investments to as low as 500 dollars for convenience sake and to make investors able to stake in more than just a car. This is a better way to go about this type of investment rather than making it unavailable to the majority. Now the team of CurioInvest has made necessary preparations to make the Security tokens available to all through the digital ledger support.
ABOUT CURIOINVEST
This platform has a great business model with the modern digital technology also assisting in the tokenizing of the asset as all types of investors storms this potentially profitable market. There is a structured pattern or step designed by the team for this platform to achieve the goal of decentralising the collectable Industry.
The platform has a unique ability to check out for new rare collectable vehicle that is sure to rise in value in no time. It does this in conjunction with the mercuria helvetica that has enough experience in the trading of such class of cars for so many years.
HOW THE CROWDFUNDING PROGRAM WORKS AND WHY IT IS NECESSARY
Following the choosing of the cars to be invested is a crowdfunding campaign created by CurioInvest itself. That is what will attract the investors and other car lovers to invest and put in their funds into it. The funds on the other will be stored until it attains the price of the car. The purpose of the Crowdfunding program is to purchase the vehicle and have it stored with the maintenance provision in place to prevent it from depreciating in value. This platform however has laid down a refund ultimatum for the investors money, should the Crowdfunding program fail to raise the exact amount sufficient to purchase the car. That makes Investors rest assured that their funds will be safe no matter what happens in the ecosystem.
On the positive side that the car eventually got purchased with the crowdfunding money, this platform will immediately issue out the security token to all the investors who have a stake in the vehicle and all will be given a proportion of security token that is the size of their investments. The token is what makes such investors beneficiaries of the profit when the car increases in value. So it means the token holders have the right to share the subsequent profits on the car whose price in many cases will rise.
PROFIT SHARING
CurioInvest already made provision for wallet where Investors would receive their security tokens which they will receive after the vehicle has been purchased and the profit stakes are allocated. This token is tradable on the platform to other investors as security token on any digital exchange asides from the fact that the wallet will be created once the user signs up in the platform. To the token, a standard ISIN number for identification as a security to be traded on any exchange.
CONCLUSION
Finally, when the price of the car has finally risen an what it was initially over a period of time, all the conditions underlying its disposal will first be met before it can be resold. After the sale comes the sharing of the profit based on the proportion of token possessed by the investors which surely indicates how much they have invested in it. That is more like the breakdown of what this platform does as it ushers investors to profitable investing in collectables.
USEFUL LINKS
Website: https://curioinvest.com/
Whitepaper: https://docs.google.com/document/d/16RBxiuPNhG7DkvTx9odzcQvPc9EdTKnmKaohURxrLTA/edit?usp=sharing
ANN Thread: https://bitcointalk.org/index.php?topic=5175820
Telegram: https://t.me/curiocarQA
Twitter: https://twitter.com/curio_invest
Facebook: https://www.facebook.com/Curioinvest/
AUTHOR'S DETAILS
Bitcointalk Username: Dannev
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2317961