Undoubtedly, you may have come across some promotions or adverts that specified the availability of some “olden day vehicles” that are up for grabs. But, wait! Why would someone even invest in a car that was made in the ‘80s? Does it imply that the modern day automobiles like Rolls Royce, Mercedes, and Toyota are not in the class of the buyers? There’s n doubt that modern vehicles may be costly, but going for the collectables or vintage cars may further deep holes in your pocket. Yet, people are still buying them.
The fact remains that vintage vehicles are still popular among certain classes of people. Besides, many car lovers and owners wouldn’t mind having some of the olden collections in their garages to spice up things. While the prospects of having collectable vehicles are many, the downsides to it are also glaring.
PROBLEMS WITH COLLECTABLE VEHICLES
Have you made attempts at purchasing a vintage car? Perhaps you’re among those classified as the “super rich.” Otherwise, it could have been easier for a camel to pass through the eye of a needle than for you to buy the vehicles. That is tenable because only a select few that are super wealthy are favoured in most cases to purchase the cars.
On the hand, investors and buyers alike need to have some level of mastery about the cars. That comes in handy in identifying the longevity and durability of the vehicle to be able to discover its profit in the long-term.
Besides, it takes many paperwork and documentation to conclude the purchase and insurance of the vehicles.
ADDRESSING THE CHALLENGES USING CURIOINVEST
CurioInvest addresses the challenges of the global collectable vehicle industry using blockchain technology as the basis. Besides that, the platform has other features that are delegated to fix the problems that are rampant in the current formulation of the collectable vehicle industry.
EFFECTIVE SOURCING
The first proposition and application of the CurioInvest platform is the diversification of assets. It does that by recreating the method of buying/purchasing collectable vehicles. Instead of the concentration on specific classes of people, CurioInvest instead, chooses to take the entire control of sourcing for collectable cars. It also takes the notch further by looking out for vehicles that are not only rare but can have an increased value over time.
CROWDFUNDING
The next step in the unique business model created by CurioInvest is to source for funds in a crowdfunding format. The aim of doing that is to attract more investors that can join the collectable vehicle market with minimal fees/funds.
While investors are purchasing based on the amount they can afford, the platform (CurioInvest0, would on its part, be issuing security tokens. The security tokens are not only equivalent to the investments of each shareholder, but can also be traded like the conventional securities. So, investors are confident their funds wouldn’t be a waste if anything happens.
REDISTRIBUTION OF RESOURCES
The aim of the crowdfunding format is to raise capital to purchase the vehicles, just as the investors would have the time to buy into the market. So, on maturity, when the purchased vehicles are resold, then the CurioInvest platform would redistribute resources to the investors with additional interests.
LONG-TERM POTENTIALS
CurioInvest is now based in the “now.” It is looking at the future where collectable vehicles wouldn’t be sourced, purchased, and sold with hassles. Instead, with the backing of blockchain, the collaboration with relevant partners, and the unique business model, the platform would be able to achieve the long-term potentialities it has for the collectable vehicle 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- Uju4real
Bitcointalk profile link- https://bitcointalk.org/index.php?action=profile;u=2202971
Ethereum wallet- 0x43aaDF3d5b44290385fe4193A1b13f15eF3A4FD5