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Curio Invest’s vision is to enable everyone to invest in and profit from collectible cars. By tokenizing investment-grade vehicles, Curio will open up the collectible car market to thousands of new investors.
Asset tokenization is a process whereby a digital asset is directly backed by a physical asset such as a car. The main benefits of asset tokenization are as follows:
1) Liquidity/Divisibility: Tokenization enables clients to invest in an expensive asset like a supercar, without the need to purchase it. By using tokenization, such costs as “illiquidity discount, can be avoided.
2) Diversification: Tokenization enables investors to diversify risk by buying tokens in multiple cars. This means that if one car does not perform well, the loss can be offset by profit on other cars.
3) Lower Cost: Fees are much lower because not so much middlemen are involved.
4) Less bureaucracy: Everything can be controlled and monitored online.
5) Faster Settlements: The higher liquidity and automated nature of the system mean that transactions are much quicker.
Asset tokenization is a process whereby a digital asset is directly backed by a physical asset such as a car. The main benefits of asset tokenization are as follows:
1) Liquidity/Divisibility: Tokenization enables clients to invest in an expensive asset like a supercar, without the need to purchase it. By using tokenization, such costs as “illiquidity discount, can be avoided.
2) Diversification: Tokenization enables investors to diversify risk by buying tokens in multiple cars. This means that if one car does not perform well, the loss can be offset by profit on other cars.
3) Lower Cost: Fees are much lower because not so much middlemen are involved.
4) Less bureaucracy: Everything can be controlled and monitored online.
5) Faster Settlements: The higher liquidity and automated nature of the system mean that transactions are much quicker.
I would better invest in repair of an old one...
Why not?
Some rear cars after total inspection and repair - costs a lot...
This is a tokenization asset of the vehicle grade. But as you said for me that looks better rather than try to invest in tokenization consider about we can get a vehicle in our hand even if that was an old one.
I remember some platforms were offering the tokenization asset like this one but that's about real estate investment but that becomes the fail project right now.
I can say this idea is too difficult to be true.
