The prowess of blockchain technology cannot be left out of the current technological revolutions that are ongoing in many industries across the globe. The robustness, the decentralization mantra, and the distribution of resources place blockchain above many other technological innovations. That informs the reason why it is applied in different sectors of the global economy.
Now, it has taken the cue from the innovations in the supply chain and the financial industries to replicate the same feat in the collectable car market. This time, the tide has fallen on the CurioInvest platform, which would herald a new dawn in the global vintage car/collectable vehicle industry.
WHY CURIOINVEST?
So, what makes CurioInvest the best platform to be delegated to the collectable car industry? Aside from the blockchain basis, what other features make it the perfect pick for investors that are looking to come into the profitable vintage car market?
It would be ideal to highlight the challenges in the market. That way, you would have a background to the solutions that the CurioInvest platform has to bring in to make the collectable car/vehicle market better in the coming years.
The first challenge is the high transaction cost, which is characterized by many factors. For instance, the non-transparency of the collectable car market makes it challenging for the average investor to come in. That is because high net-worth individuals have monopolized the system to their favour. That is not leaving out that documentation of the cars is complicated because of the fragmented channel of communication.
Investors have also been restricted from joining the market. With the special consideration given to wealthy investors and other additional factors like the ownership of a vintage car in the past and membership of a vintage/collectable club, other investors that do not fall into the category may be cut off from participating.
THE SOLUTION
The solutions to the challenges mentioned above and many others as put forward by CurioInvest would be using blockchain technology to introduce decentralization into the vintage vehicle market. To that end, we would look at the distinct features that make CurioInvest the perfect platform for acquiring and trading on collectable cars.
The most significant of the functionalities is the Distributed Ledger Technology (DLT), a.k.a. Blockchain technology. It's paramount at this time to integrate the network because of the unique features, such as decentralization, scalability, and low costs.
HOW CAN CURIOINVEST WORK ON BLOCKCHAIN?
As part of its aim to reinvent the global collectable car industry, CurioInvest opted to use blockchain to cut off intermediaries while maintaining the security and speed of transactions. More so, it has a unique business model, which, when implemented, would restore the collectable/vintage vehicle industry to the path of glory.
The most significant of the business model is the concise research of the market to be sure of the availability of the vehicles and their long-term endurance. On confirmation that a collectable car is profitable, CurioInvest would then launch the next line of action, which is sourcing for funds to purchase the selected vehicles. Investors that also realize the long-term potentiality of such an investment would gladly join the crowdfunding to get security tokens that are equivalent to their finances.
Once the vehicles have been purchased and sold, the investors would then get reimbursed (with interests) accruing from the proceeds of the sales of the collectable cars.
START INVESTING IN CURIOINVEST
There’s no doubt that CurioInvest has excellent tidings for the global collectable/vintage vehicle market. So, investors who are looking to join the industry must sign up and begin to participate in the trading of these vehicles.
In the future, we would be looking forward to the global acceptance that CurioInvest would get once it fulfils all the promises it has for the vintage car industry.
USEFUL LINKS
Website: https://curioinvest.com/
Whitepaper: https://docs.google.com/document/d/16RBxiuPNhG7DkvTx9odzcQvPc9EdTKnmKaohURxrLTA/edit?usp=sharing
ANN: https://bitcointalk.org/index.php?topic=5175820
Twitter: https://twitter.com/curio_invest
Telegram: https://t.me/curiocarQA
Facebook: https://www.facebook.com/Curioinvest/
Reddit: https://www.reddit.com/user/curioinvest/
Instagram: https://www.instagram.com/curioinvest/
LinkedIn: https://www.linkedin.com/company/curio-capital-ag/
AUTHORS DETAILS
Bitcointalk username- Corer
Bitcointalk profile link- https://bitcointalk.org/index.php?action=profile;u=2373697
Eth wallet- 0x3D62D8e796530FB401914a6c63F25d3e3889EA38