Aug 29 2019

CurioInvest – The Most Effective Platform for Purchase and Trade of Collectable Cars

Investing in collectible cars definitely brings so much profit for investors. However, only elite investors can gain the profits. A lot of other investors, especially new investors face many problems in opening up the markets. The barriers that they face are mainly caused by high cost for transaction and documentation and intricate procedures to go through. That is why CurioInvest establishes a mission that is to make everyone able to effortlessly invest in collectable cars and make profit from the investment. It can be done through a crowd-funded community based investment model proposed by CurioInvest. As a result, millions of new investors can easily enter the market of collectable car and enjoy the benefits as elite investors do.

Ann Thread: https://bitcointalk.org/index.php?topic=5175820
Website: https://curioinvest.com/
White Paper: https://docs.google.com/document/d/16RBxiuPNhG7DkvTx9odzcQvPc9EdTKnmKaohURxrLTA/edit?usp=sharing

Roadmap

A successful project always has a set of plan or a roadmap. The roadmap of CurioInvest began in the first month of 2018 where the founders of CurioInvest invest into Curio Capital. Two months after that, the development of CurioInvest was started. It took almost a year before CurioInvest was presented at Davos Kloster Switzerland in January 2019 followed by product beta testing in March 2019. Not long after that, which was in July, CurioInvest first Game was launched on App Store and Google Play store. At the moment CurioInvest private sale is being conducted.

CurioInvest Business Model

As mentioned previously, CurioInvest has a goal to bring many small- to mid-level to the profitable collectable market through the use of blockchain based technologies involving crowdfunding and asset tokenization. It can be reached in this five-step process for each car.

The first step is the vehicle identification. In this initial process, CurioInvest identifies the collectable car whether it is rare or modern based on the year and estimate the price along with the value that is increased over time. The second step is to launch a crowdfunding campaign that is aimed at financing the car. After a collectable vehicle is invested in by an investor or a car enthusiast, a smart contract is made to store the funds. If the crowdfunding is successful, CurioInvest will get the car and place it in storage with its maintenance partner. However, in case the crowdfunding campaign fails to be completed in three months, the investors will get a refund. However the refund does not include the payment processing fees involving third-parties.

After the car is bought, the next step is the security tokens issue. The number of the tokens represent the value of the purchased car. Then, these tokens are distributed to the investors based on their investment. The security tokens regulates everything such as how and how much the investors get their profit if the value of the car increases. Once the users signs up on the CurioInvest digital platform, they will automatically get the token on their wallet. The token then can be traded peer to peer. It can also be traded on a conventional security or other forthcoming digital exchanges as it has an associated International Securities Identification Number. The car is result when the disposal conditions are met. When this happens, all token holders will get a profit share minus the 20% CurioInvest performance fee and costs.

Why Choosing CurioInvest?

There are a number of reasons why CurioInvest is well positioned. First of all, it is not starting from scratch. Its partner, Mercuria Helvetica AD has had lasting partnership with many first class automotive companies like Ferrari and Mercedes-Benz. It gives CurioInvest access to more than 500 collectable cars worldwide. The second reason for choosing CurioInvest is that CurioInvest has established contacts with top notch companies focusing on insurance and car maintenance. Additionally, it has developed partnership with tax-free physical storage providers. All of the operational model that CurioInvest uses have all be tried and tested to ensure all of the entire life cycle of a car investment.

Moreover, CurioInvest has a well-known known reputation in both Lichtenstein and Switzerland. For your information, Switzerland even provides a steady supervisory environment and investor-friendly laws to CurioInvest. It also becomes a world hub of blockchain innovation, guaranteeing that CurioInvest will have an easy entree to the right technical aptitude to scale the business. Meanwhile, the base in Lichtenstein lets CurioInvest to trade its tokens legally throughout the European Economy Area. This area consists of 28 states of European Union plus Lichtenstein, Norway, ad Iceland as the members if EEA EFTA. Las but not least, CurioInvest has a team and partners who have a proven teach record relevant to the industry it runs such as IT, automobile, investment, and finance. All of them are the reasons why CurioInvest is the best platforms for buyers, sellers, investors, and other users. It eases all parties to take the fruitful opportunities offered by collectable car market.

Regulation for the Sale of a Vehicle

CurioInvest is targeting a 20% internal of return before the fees payment for all listed cars on the platform. In order to reach the target, the cars will be put on sale to selected collectors. The sale takes place on both the CurioInvest official website and its digital platforms. Therefore, it is important for all users to keep updated with the latest information especially the one dealing with the sale. There are specific regulation applied to sale of the listed cars determined by how long each car is invested. In the first two years, a car can be sold only if the gross sales price is 25 percent above the purchase price. Meanwhile, a sale can take place in the three subsequent years if the gross sales price is 20 percent over the purchase price. After five years, there is no minimum sale price required. You might be questioning why there are gross sales proceeds. For your information the proceeds from the sale of the car are used to cover insurance, maintenance, storage cost, and other ongoing costs. From this illustration, investors are able to decide when they will resell their invested car and how much profit they can get from the resold car.

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 kurniawan05
https://bitcointalk.org/index.php?action=profile;u=1187741
ETH address: 0x3946bc29197BF793CB796243109b39b019c3fC00

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