Hi steemers, so as a lover of rare supercars, I am extremely overwhelmed to inform you about a platform that I’m sure will be interesting for majority of you. But first, let me take you down memory lane and offer you a little history about collectible cars. According to Knight Frank Investment, for over ten years, collectible cars have provided a return on investment of 289%, outperforming all the other substitute investments under review over that period.
The challenging part about all this is that despite the attractiveness of this asset class, it is just a small group of elite investors who have the necessary resources to get over the barriers to enter the market.
Let us talk about some of these barriers:
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Restricted access.
As most of you would be aware, collectible cars are usually not sold to the open market reason being they were-manufactured in such small numbers that restrictions are placed on who can be able to purchase them. You need to show that you have had several same brand cars in your possession or be a member of an owner’s club or a vintage fan group.
High capital required.
Most of these vintage cars initially cost a lot, and even upon purchase, supercars they need additional costs such as insurance covers, storage, and maintenance costs among others before any profit can from owning them.
Expertise.
Obviously, inorder to asses the value and provenance of a car, one needs to be adequately informed about it, especially if the car is being bought from a secondary market as an expert mechanic needs to inspect it, and all the necessary documents need to be verified.
Majority of investors and collectible car enthusiasts may be able to overcome the challenges mentioned above, but even for them, there are current market challenges that might be a tad hard for them above-mentioned, These are the presence of non-transparent and illiquid market which erodes trust necessitating independent verification of documents.
Currently,most of these treasures are sold at auctions and through private sales making it determine the market value of the vehicle, and in comes the illiquidity issue, which hurts both the buyer and the seller.
Additionally, a collectible car has to, outright, and even elite investors can find it challenging to own many of them substitute. This exposes them to an even greater risk given the low diversification degree.
A SOLUTION.
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Curio invest is the ultimate solution to all of this as its mission is to ensure that everyone can be able to invest in and make profits from collectible cars. Their approach is to tokenize investment-grade vehicles and open up the collectible car market to thousands of new investors.
The team is planning to launch an online platform powered by blockchain technology that will enable investors to purchase security tokens directly backed by unique limited edition collectible cars. How do you profit? Well, once you have these tokens, you will share in the profit if the value of the underlying car rises.
CONCLUSION.
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Guys,in order your garage goals has been simplified. You can grow a collection with diverse rare limited edition cars. This service does not need to be accessible to a group of elite investors only. You can also buy into the fine collectible automobile market through fully-compliant, fractional tokenized ownership.
Official resources projects CurioInvest:
🔗 WEBSITE: https://curioinvest.com/
🔗 TELEGRAM: https://t.me/curiocarQA
🔗 WHITEPAPER: https://docs.google.com/document/d/16RBxiuPNhG7DkvTx9odzcQvPc9EdTKnmKaohURxrLTA/edit?usp=sharing
🔗 BITCOINTALK: https://bitcointalk.org/index.php?topic=5176084.0
🔗 ANN THREAD: https://bitcointalk.org/index.php?topic=5175820
🔗 FACEBOOK: https://www.facebook.com/Curioinvest/
🔗 TWITTER: https://twitter.com/curio_invest
🔗 REDDIT: https://www.reddit.com/user/curioinvest/
🔗 LINKEDIN: https://www.linkedin.com/company/curio-capital-ag/
🔗 INSTAGRAM: https://www.instagram.com/curioinvest/
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★ Author: jamesndungu1
★ BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1856049
★ All Images credited to Curio Invest OFFICIAL WEBSITE
