The world of automobile needs an urgent revamp, especially in the areas of the collectable niche where vintage vehicles are sold. While those vehicles are one of the most purchased in recent times, especially among wealthy car owners that love to diversify, the average car owner may find it challenging to replicate the same. Hence, the variety of frameworks put together by the CurioInvest platform came in time, as they would be delegated to reposition the collectable vehicle market for the better.
INTRODUCING THE CURIOINVEST PLATFORM
CurioInvest is a blockchain-based platform that aims at restoring the glory of the collectable vehicle industry. At the core of the features and functionalities is the use of blockchain for transparent, scalable, and decentralized dealings. CurioInvest also has a real-world basis, because it has made strategic collaborations with many players in the collectable vehicle industry.
You may be wondering about the features that set it apart from similar projects and that of the real-world formulations of collectable vehicles. Without much ado, let's go through the primary elements used by CurioInvest to achieve the decentralized status it seeks for the global collectable vehicle industry.
INCLUSIVE ECOSYSTEM
Inclusiveness, in this instance, implies the integration of relevant functionalities alongside the presence of the primary stakeholders in the industry. It’s exciting to note that both investors and buyers can unite under the mono ecosystem to facilitate transactions in real-time. The overall disposition of the platform is to create a transparent medium of purchasing and trading on collectable vehicles without hassles. It achieves that through asset tokenization and income generation.
Below is the breakdown of the 5-step process for purchasing collectable vehicles via the CurioInvest platform:
IDENTIFICATION AND PRICING
CurioInvest takes the trouble of identifying vehicles that look to profit after some time. That is on the one hand. On the other hand, it takes the step further by evaluating the price. It does that by considering the pricing of the competitor while considering the increased value of the vehicle after some time.
Funding
If it were successful at beating the price of the vehicles in question to its terms, CurioInvest would then seek funds to purchase them. It does that via crowdfunding, where it invites investors to contribute ahead of the purchase of the vehicles in view.
ISSUANCE OF SECURITY TOKENS
The basis of this project on blockchain demands that investors would get their returns in the form of crypto tokens. CurioInvest doesn’t issue the conventional crypto tokens. Instead, it issues security tokens, which are, to a more considerable extent, more stable than the traditional crypto tokens.
The issuance of security tokens is a dedicated step towards ensuring the stability of the tokens, which are also proportional to the amount the participants invested. Besides, the tokens can also be traded if need be.
DISTRIBUTION OF TOKENS
The security tokens issued are sent to the wallets of the investors. It is from these wallets that the investors can trade the tokens on a peer-to-peer basis when they want to sell off their stake in the vehicles. Otherwise, they may want to trade the tokens on digital/crypto exchanges where they’re accepted as securities.
RESELL AND REIMBURSEMENT
The last step in the 5-step process in the acquisition of collectable vehicles is the resell of the cars. Once the cars are resold, CurioInvest would then take the last step of distributing to the shareholders/investors, a share of the proceeds from the sale of the vehicles.
FINAL THOUGHTS
CurioInvest is on the right path to changing the current procedure of acquiring and selling collectable vehicles. All there is to do is supporting the platform through massive adoptions and propagations of its functionalities.
The blockchain and cryptocurrency communities would be looking forward to the growth of not only the CurioInvest platform but also the collectable vehicle industry as a whole.
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- Uju4real
Bitcointalk profile link- https://bitcointalk.org/index.php?action=profile;u=2202971
Ethereum wallet- 0x43aaDF3d5b44290385fe4193A1b13f15eF3A4FD5