Ferraris aren’t just for the ultra-rich anymore…

Security tokens are leveling the playing field. Thanks to blockchain advancements and one trailblazing company, almost anyone will soon be able to own a piece of a “supercar,” or cars that fetch several hundred thousand dollars and up… such as Ferraris, Lamborghinis, and Bugattis.

CurioInvest, based in Switzerland, is developing a simple platform that anyone over the age of 18 will be able to use to purchase ownership in a supercar.

According to Securities.io:

Vehicles are much more than simply a means of transportation. They are pieces of art, which speak to the person driving them. Values are driven by rarity, quality, functionality, beauty, and more—each creating differing levels of market demand.

Unfortunately, the upper echelon of the collectible car sector is typically out of reach for most…

Until now…

CurioInvest will be hosting a security token offering (STO) for accredited investors. The tokens will allow holders to invest in a curated collection of vehicles. And they give investors rights to a proportionate share of the profits when vehicles are sold.

CurioInvest will handle all necessary maintenance and upkeep on the cars once purchased (for a fee). It also covers the cost to transport, store, insure, and resell the car if it appreciates. (CurioInvest will sell the cars if they appreciate by 20% or more and distribute the profits to investors.)

Investors can wait until the car is resold or sell their shares over the platform to other individual investors. And CurioInvest only charges a fee if you make money on the resale.

This is just one more example of how tokenization of assets via blockchain is rapidly changing the investment landscape. Luxury real estate, fine art, cars, and other collectibles will no longer be solely owned by the world’s ultra-rich.

That’s because security tokens—or digital securities—offer fractional ownership in the underlying asset… In most cases, it’s the same as owning a stock.

And if you’ve always dreamed of owning a Ferrari, CurioInvest will be auctioning this F12tdf model in about three weeks…

Like what you read?

More from Token Tracker