About CurioInvest
is a technology platform that enables individuals and their advisors to invest in top-vetted fine automobiles and other collectables as an asset class. CurioInvest’s mission is to make it possible for everybody to invest in uncommon collectable vehicles.
Based in Switzerland and Lichtenstein, CurioInvest is launching an on-line platform powered via blockchain technological know-how which permits traders to buy safety tokens directly backed by using restrained version collectable cars. These tokens allow traders to share in the earnings if the cost of the underlying car increases.
In this way, CurioInvest is disposing of the obstacles to entry to the collectable vehicle market. As a fractional stake in a vehicle can be bought on line for as little as $500, the minimum funding required to enter the market is dramatically lowered, enabling traders to diversify by purchasing stakes in a couple of vehicles.
In addition, the CurioInvest platform will noticeably simplify the investment procedure – investors can register and buy tokens online, while CurioInvest Invest manages the purchase, maintenance, insurance plan and sale of the vehicle, as well as all associated administration and paperwork.
The CurioInvest team has a confirmed song report of profitably buying and selling investment-grade automobiles at Mercuria Helvetica AG and has get right of entry to to a pipeline of over 500 rare, collectable vehicles. In addition, CurioInvest has partnered with Mechatronik GmbH to shop and preserve the vehicles.
The CurioInvest Invest platform will carry unparalleled transparency, safety and liquidity to a market that used to be previously only handy to elites. Ultimately, CurioInvest targets to emerge as the Nasdaq of collectable vehicles, hosting an exchange the place automotive protection tokens can be traded in close to actual time. two
CurioInvest Invest’s imaginative and prescient is to allow anyone to make investments in and income from collectable cars. By tokenizing investment-grade vehicles, CurioInvest will open up the collectable car market to thousands of new investors.
The CurioInvest crew has a demonstrated music record of profitably buying and selling investment-grade cars at Mercuria Helvetica AG and has partnered with Mechatronik GmbH to supply the information essential to save and preserve the vehicles. Such partnerships will enable CurioInvest to control the complete existence cycle of the investment in a good value manner and to leverage economies of scale.
CurioInvest’s aim is to emerge as the world’s leading platform for the buy and exchange of collectable security tokens. Asset tokenization refers to a system whereby a digital asset is created which is directly backed by using a bodily asset such as a car. The predominant benefits of asset tokenization are as follows:
Liquidity/Divisibility: Tokenization allows purchasers to make investments in an luxurious asset like a supercar, besides the need to purchase the vehicle outright. While this is theoretically possible the usage of conventional economic mechanisms, buyers usually have to pay a so-called “illiquidity discount” of up to 20-30%. By using tokenization, these fees can be avoided.
Diversification: Tokenization permits investors to diversify risk by shopping for tokens in more than one cars. This skill that if one automobile does no longer perform well, the loss can be offset via income on different cars.
Lower Cost: As fewer middlemen are involved, costs are a great deal lower.
Less bureaucracy: Compared to a traditional investment, there is very little bureaucracy due to the fact everything can be controlled and monitored online. two
Faster Settlements: The greater liquidity and computerized nature of the gadget mean that transactions are much quicker.
According to the Knight Frank Luxury Investment Index, over the 10-year length up to Q2 2018, collectable motors presented a return on funding of 289%. The asset type outperformed all different alternative investments below review over this period, which includes coins (182%), wine (147%), rings (125%), and watches (73%). Despite the size and beauty of this asset class, only a small crew of elite traders have had the assets vital to overcome the obstacles to entry to the market:
Problem Statement
1) Restricted access: Many collectable motors are not offered on the open market. Limited version collectable automobiles are manufactured in such small numbers that boundaries are placed on who can buy them. To be eligible to purchase such a vehicle, potential shoppers usually want to demonstrate that they have owned a couple of different cars of the equal brand. In addition, membership of an owner’s membership or vintage fan team might also be a prerequisite for purchase.
2) High capital requirement: the most valuable and profitable collectable automobiles have excessive preliminary buy prices. Once purchased, the automobile needs to be insured, stored and maintained, incurring additional costs before a income can be realized. While economies of scale ought to play a function in reducing such costs, they are rarely leveraged in the enterprise at present. two
3) Expertise: Assessing the provenance and fee of a car requires expert knowledge. This is mainly necessary when a automobile is sold on the secondary market, as the automobile wants to be inspected by an professional mechanic and all documentation needs to be verified.
The barriers discussed above prevent the majority of investors and automobile fans from taking part in the collectable vehicle market. Even for wealthy investors, however, the cutting-edge market points excessive transaction costs and restrained preferences for diversification:
4) High transaction costs: Transaction charges are pushed by using two principal elements - non-transparency and illiquidity. For each vehicle, potential buyers need to behavior a high priced due diligence system in order to verify the provenance of the car. The lack of transparency in the present market erodes trust, that means that documentation desires to be independently verified. In addition, collectable vehicles are frequently offered at auctions or through non-public sales, which makes it hard to precisely confirm the present day market price of a vehicle. Ultimately, this leads to an opaque, illiquid market, hurting both client and seller.
5) Limited diversification: A collectable automobile has to be bought outright, which is in stark contrast to most different asset instructions the place fractional possession is possible. Even especially prosperous buyers cannot manage to pay for to own many collectable vehicles, and are for that reason uncovered to increased chance due to the low diploma of diversification.
Business Model
CurioInvest Invest objectives to use modern-day applied sciences such as crowdfunding and asset tokenization to deliver many new small- and mid-level investors to the market. This is done in a 5-step procedure for every vehicle:
CurioInvest Invest identifies a uncommon traditional or cutting-edge collectable auto that is priced competitively and possibly to increase in cost over time. CurioInvest Invest is a spin-off of Mercuria Helvetica AG, which has a validated music report of buying and selling supercars profitably for 4 years. CurioInvest’s founders and advisory board have blended industry ride of over 50 years.
To finance the car, CurioInvest Invest launches a crowdfunding campaign. Investors and vehicle fans can now make investments in the vehicle. The cash are stored in an escrow (smart contract). If the crowdfunding campaign is successful, CurioInvest Invest will gather the vehicle and area it in storage with its renovation partner, Mechatronik Fahrzeug- Und Motorentechnik GmbH. If the crowdfunding campaign cannot be executed inside three months, buyers will be refunded the entirety besides third-party payment processing fees.
Once the car is purchased, CurioInvest Invest issues protection tokens representing the fee of the car. These tokens are then distributed to the investors, proportional to the measurement of their investment. The safety token confers the proper on the tokenholder to share in the earnings if the value of the car increases.
The token is dispensed to a wallet which is routinely generated when the person symptoms up on the CurioInvest Invest platform. The token can be traded peer to peer. The token also has an associated ISIN (International Securities Identification Number) and thus, it can potentially be traded on impending digital exchanges like a traditional security. If the prerequisites for disposal are met, the car is resold (see: Section 3.1, below). All tokenholders receive a share of the proceeds of the sale proportional to their token holdings
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