Review on Curio by Pedro O. Alvino M.
Tokenization of collectible cars
Project focused on the investment of high-end cars through blockchain technology that allows users to invest in said cars in which they can significantly increase in the market given their high value, all this guaranteed through the Curio project and its token CUR.
Much of the market in this case of Forex allows users to have a minimum investment in such automotive items, however this process requires high sums of capital and with a centralized process, but thanks to the architecture of Curio, it is It is possible to have a part of the investment of the collectible car with little capital, this thanks to tokenization, which also offers investors several possibilities to close investment sales when they have already achieved notable profits.
Ah one year of entering the market has had some setbacks in terms of the economy of the token which should have had a higher performance given the total circulation of token in the market which is very low, but the utility of the same token outside the market. Curio ecosystem is totally null.
Pros
- Simplifies and facilitates the investment process for collectible cars through the blockchain.
- A large part of the Curio team is made up of experts in the automotive, IT and financial investment areas.
- It has various associations in the automotive field that provide the source of collectible vehicles.
- Allows free entry to any user to invest in collectible cars.
- Offers buyers security tokens backed by limited edition collectible cars.
Cons
- It is required to pass a KYC verification in order to invest in the platform.
- Much of the insurance does not cover the risk that material damage may present to the stored cars in which it is being invested.
- High network fees can impair the performance of collectible car sales and exit fees.
