CurioInvest Announces Curio Parachain and Staking Rewards

CurioInvest.com is all set to launch its first parachain that would enable the users holding the native token CGT to stake and be eligible to earn staking rewards. This announcement marks an important milestone in the roadmap of CurioInvest as it helps flourish the lending and borrowing DeFi capabilities of the platform. A cross-based  Defi protocol that enables everyone to invest in and profit from high-value assets such as collectible cars, with a target of opening up the collectible car market to millions of new investors. 

Curio Ecosystem

The CGT token, which is also referred to as the governance token of the Protocol of the Creator, enables holders to cast votes on alterations to be made on the Creator Protocol. It is noteworthy that anyone can bring up a proposal for a CGT vote even without possessing a CGT. The process of Governance creation usually encompasses proposals and executive voting. This guarantees that decisions related to governance are considered, and an agreement is reached before the actual process of voting.

CurioInvest’s team of experts research and source rare, investment-grade collectible cars. The selection is made from an investment point of view where only competitively priced cars with the potential to increase in value over time. 

Collectible cars have been consistently among the highest performing alternative asset classes, but up until now, the market was only viable for elite investors. CurioInvest is using blockchain to disrupt the industry, enabling smaller investors to benefit from the collectible car market. It is also an ideal opportunity for crypto investors to diversify their exposure by investing in tokens backed by a tangible asset.

When the car is resold, a user holding certain ownership of the car in the form of a token will receive a profit if the vehicle increases in value. These tokens have a whole ecosystem of their own where users can buy different tokens for ownership in multiple cars, can trade these tokens on the platform, and peer-to-peer market.

Curio Parachain Staking: How it Works

Curio Parachain would make use of Nominated Proof-of-Stake for selecting the validator set. It is designed with the roles of validators and nominators, to maximize chain security. Actors who are interested in maintaining the network can run a validator node. At genesis, Curio Parachain will have a limited amount of slots available for these validators, but this number will grow over time to over one thousand.

The system encourages CGT holders to participate as nominators. Nominators may back up to 8 validators as trusted validator candidates. Validators assume the role of producing new blocks, validating parachain blocks, and guaranteeing finality. Nominators can choose to back select validators with their stake.

The staking system pays out rewards essentially equally to all validators regardless of stake. Having more stake on a validator does not influence the number of block rewards it receives. However, there is a probabilistic component to reward calculations.

Distribution of the rewards is pro-rata to all stakers after the validator payment is deducted. In this way, the network incentivize the nomination of lower-staked validators to create an equally-staked validator set.

CurioInvest Combines DeFi With NFT to Offer the Most Sought After Product

Decentralized Finance (Defi) became the success story of 2020 as its market cap and use cases grow by multi-folds and many even believe it would be the future of banking. On the other hand, NFTs have turned sort of rage in the recent past with a 10-second video encoded on blockchain recently sold for $6.6 million. CurioInvest plans to bring the best of both worlds where it would collect cars on behalf of buyers and convert the ownership into multiple tokens, so multiple users can own a portion of the car.

The blockchain-based tokenization ecosystem with various projects including the Curio StableCoin Protocol (Curio Creator Protocol), the Curio DAO, Curio Parachain (connected to Kusama/Polkadot networks), Capital DEX, and utility tokens CUR and CURV. Also, the Curio Multiple Protocol will be included in the Curio Hybrid System.

Curio Multiple Protocol allows holders of the Curio ecosystem’s tokens to earn rewards when contributing and accessing loans using its various interconvertible tokens, CGT, CSC, CUR, and CURV.

The native token which would be the governance token on the platform could also be used to stake on the parachain and earn a reward on the staked token. 

Benefits of Staking On Curio Parachain

If you’re wondering why you should stake CGT tokens on Curio Parachain, you can stop wondering now. Here are some of the benefits you enjoy by staking on the Curio Parachain. 

  • Earn up to 25% in rewards: Stake your CGT tokens and earn up to 25% in rewards for securing the network. 
  • Up to 10% targeted annual inflation rate: Curio Parachain offers an p to 10% annual inflation rate to regulate the value of tokens on the platform.
  • Up to 60% targeted active staking: Inflation on the blockchain is shared among validators and nominators if up to 60% of CGT is staked.


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Disclaimer

Certain information contained in here has been obtained from third-party sources, including from protocol on which tech is built. While taken from sources believed to be reliable, CurioInvest has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation. 

In addition, this content may include third-party entities; CurioInvest has not reviewed such advertisements and does not endorse any advertising content contained therein. 

This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. Furthermore, this content is not directed at nor intended for use by any investors or prospective investors, and may not under any circumstances be relied upon when making a decision to invest in any instrument related to CurioInvest. Any investments or portfolio companies mentioned, referred to, or described are not representative of all investments in vehicles managed by CurioInvest, and there can be no assurance that the investments will be profitable or that other investments made in the future will have similar characteristics or results.  

Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others. Please see https://curioinvest.com/risk for additional important information.

Tokenizing Collectable Cars with CurioInvest-Introducing Curio Creator Protocol and CurioDAO

CurioInvest is pleased to announce the Curio Hybrid System, its blockchain-based tokenization ecosystem with various projects including the Curio StableCoin Protocol (Curio Creator Protocol), the Curio DAO, Curio Parachain (connected to Kusama/Polkadot networks), Capital DEX, and utility tokens CUR and CURV. Also, the Curio Multiple Protocol will be included in the Curio Hybrid System.

The Creator Protocol (Curio StableCoin Protocol) is an open-source blockchain network that allows users to mint the CSC stable coin. It is governed by the Curio DAO through the governance token CGT and hosted on both Ethereum and Curio Parachain (connected to Kusama and in the future to Polkadot) platforms.

Curio Multiple Protocol allows holders of the Curio ecosystem’s tokens to earn rewards when contributing and accessing loans using its various interconvertible tokens, CGT, CSC, CUR, and CURV.

CurioInvest Mission

CurioInvest wants to open up the collectible cars market to everyone so that more people can invest in and profit from the rarest of luxurious cars like sports cars and race cars.

The goal will be accomplished by launching a blockchain-based crowdfunded and community-based investment model that will open up this market to millions of new investors. Here are some of the advantages of investing in tokenized collectible cars with CurioInvest.

1.  Simple Access to Decentralized Finance

CurioInvest offers an online investment platform to investors of all levels to access and invest in high-value assets like rarest cars.

For the longest time, collectible cars have been one of the top-performing alternative asset classes, but have remained mostly accessible to the elite or high net worth individuals. However, with tokenization through security tokens, the asset class can be availed to a broader range of investors.

CurioInvest is introducing blockchain technology to disrupt the collectible cars market. This will also allow crypto adopters to invest in digital assets that are backed by real-world assets.

2.  Exposure to More Tokenized Real Assets

The Creator Protocol is working on introducing real estate as the next available real-world-backed digital asset class.

3.  Efficiency

CurioInvest offers efficient services through its Liechtenstein-based crowdfunding structure, which is unique and lean-to to ensure tax efficiency and investment growth.

4.  Security

The use of a decentralized blockchain network that is DAO-governed and hosted on different blockchain ecosystems fosters additional security to investors.

CurioInvest also adheres to FMA’s directives of blockchain technology regulatory compliance.  

How Does It Work?

CurioInvest finds the collectible cars, invites investors to share in the ownership, provides asset security, and distributes earnings to investors.

The Creator Protocol has several segments, the Curio Chainlink Oracles that feed it live data, the Stablecoin CGT, a voting system, and the Creator Security Vaults. CGT holders govern the Creator Protocol through their stakes and voting power on the CurioDAO to maintain its solidity, clarity, and efficiency.

The protocol is governed through the DAO model and uses the Curio Governance Token (CGT), a tradable liquid digital asset. Curio DAO, serving the Stablecoin Protocol, allows resolve management issues among the community and make changes to the protocol.

CSC holders can generate new CSC coins by depositing other security tokens in the Creator Vault feature of the Creator Protocol. Once minted, the protocol also allows CSC holders to use their stablecoins as savings and for other miscellaneous crypto purposes.

CGT holders can trade CGT on both centralized (CEXs) and decentralized (DEXs) exchanges and use it to vote on community decisions on the Curio DAO. Curio Chainlink Oracles determine the value of CSC by feeding the CurioDAO live and trusted information from various selected sources of market prices for collection cars.

CT1 is an ERC-20 token on Ethereum that represents the share of the tokenized collectible car by CurioInvest. Using the Aragon DAO platform, CUR token holders may convert CUR into CURV, a utility token which holders can use to decide which car should be tokenized first and also receive various rewards in the future.

In addition to Capital DEX, CUR, and CSC are also available for trading in several pairs on different exchanges.

CurioInvest and Chainlink Bringing Real-Time Valuations to Collectible Car Market

CurioInvest collaborates with Chainlink to provide the world’s first real-time benchmark price for collectible cars

Vaduz, Liechtenstein; 24 June 2020 – CurioInvest.com, the go-to blockchain platform for tokenized investments in ultra-rare cars, is pleased to announce its collaboration with Chainlink to bring transparency and trust to price valuations for our collection of tokenized vehicles. 

CurioInvest uses the blockchain to democratize investment into ultra-rare cars by tokenizing them on the blockchain. Investors can buy “car tokens” which trade like shares and represent a stake in a particular vehicle. The car tokens can then trade on open markets, providing liquidity to typically illiquid markets.

For decades, pricing classic and collector vehicles has been extraordinarily challenging, requiring research for historic provenance and scrolling across auction results to find comparable car values. These challenges keep many potential participants out of the market and result in users having to pay hefty fees to third party evaluators to identify originality and determine the real market price of such assets. 

Starting today, CurioInvest is working with Chainlink to challenge the status quo by creating a reliable and neutral price feed for determining the value of ultra-rare, collectible cars. Chainlink is a decentralized oracle network that allows the blockchain to connect to data feeds existing outside the blockchain in a highly secure and reliable manner. CurioInvest will leverage Chainlink to aggregate multiple data feeds into a single trusted valuation, bringing price transparency to each rare car or collectible asset available on our platform.

The benefits are tangible as traders can invest in any of CurioInvest’s car tokens and trade against a reliable benchmark. Having a reliable benchmark will increase market liquidity and decrease slippage, all with the comfort of knowing that originality and prices for rare cars are being sourced by a pool of trusted independent sources. 

By combining a Chainlink-enabled benchmark with independent valuations across secondary sources, CurioInvest will bring real-time access to the valuations of collectible cars. This is a world’s first, and a major step towards CurioInvest’s goal of bringing liquidity to non-bankable assets.

This collaboration sets an unprecedented milestone in the world of collectibles, previously known for notoriously opaque pricing. CurioInvest joins the high caliber group of DeFi projects striving to enhance price transparency and liquidity through the use of Chainlink’s secure and reliable oracles, including Synthetix, Loopring, Aave, and DMM.

The CurioInvest ‘Founders Series’ collectible, a 2015 Ferrari F12tdf CT1, has been chosen for the first iteration of the integration: It’s currently in the fundraising round, of which more details can be found here

Moreover, this integration serves as a valuable stepping stone for greater decentralization of the CurioInvest platform. Some planned features on our roadmap include a distributed collateral pool of digital assets backed by collectibles,  which may collateralize stablecoins and even DeFi products such as insurance protection. Such products would significantly rely on various Chainlink price feeds to keep stable and fully collateralized. Having reliable financial products backed by real-world assets could bring substantially more liquidity to collectible car tokens and other rare assets. 

Commenting on the collaboration, Daniel Kochis, Head of Chainlink Business Development stated “We’re excited to provide secure and reliable data oracles to CurioInvest to help them pioneer a new market dynamic around bringing real-time benchmark prices to the collectibles industry. This can not only expand the amount of liquidity available for rare assets, but provision trading markets based on reliable data feeds.”

Fernando Verboonen, Cofounder at CurioInvest says: Chainlink brings crucial infrastructure for building the CurioInvest ecosystem, ultimately making rare collectible assets as liquid as possible. It genuinely provides the missing piece in the puzzle that I’ve been seeking, allowing CurioInvest to easily create a system of valuation analytics for all CurioInvest’s rare cars or other collectibles.

CurioInvest aims to build a transparent marketplace for many different types of collectibles and this collaboration lays the initial architecture towards offering a transparent, secure, and practical marketplace. 

A revolution in collectibles. Be part of it and make history with us. 

About CurioInvest

If you’re an investor or collector and want to learn more about tokenized cars, visit CurioInvest to learn more about our upcoming assets and Investor relations. If you want to schedule a call to discuss your asset more in-depth, reach out here.

CurioInvest provides a technology platform for investments in ultra-rare cars, and the creation & management of institutional-grade digital assets. Asset managers and private investors will be able to diversify in top-vetted tokenized collectables that trade at stock markets. In the $20B collectable car market, CurioInvest offers the highest security, full automation, and a customizable, yet highly scalable wealth-tech solution based on DLT. The company was founded by a former team member of kooaba after the exit to Qualcomm. Within just 2 years of foundation, CurioInvest has created a significant footprint in the industry considered by UBS Future of Finance and McKinsey’s venture program among the top 10 Swiss FinTechs. 

For questions pertaining to the CurioInvest offering 

Investors & Media

info@curioinvest.com 

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About Chainlink

If you’re a developer and want to connect your smart contract to off-chain data and systems, visit the developer documentation and join the technical discussion on Discord. If you want to schedule a call to discuss the integration more in-depth, reach out here.

Chainlink is a general-purpose framework for building and running decentralized oracle networks that give your smart contract access to secure and reliable data inputs and outputs. It provides oracles to leading DeFi applications like Synthetix, Aave, and DMM; numerous blockchains such as Ethereum, Polkadot, and Tezos; and large enterprises in Google, Oracle, and SWIFT.

Website I Twitter I Reddit I YouTube I Telegram I Events I GitHub I Price Feeds I DeFi 

CurioInvest Announces ‘Founders Series’ 2015 Ferrari F12tdf CT1 Digital Asset Capital Raise

F12tdf Founders Edition
F12tdf Founders Edition
F12tdf Founders Edition

Vaduz, Liechtenstein; ​15 June 2020 – CurioInvest, the market leader and technology pioneer for tokenized collectables, is pleased to announce its Founders Series 2015 Ferrari F12tdf CT1 digital asset capital raise.

Now clients have access to collectable assets to build a diversified portfolio with real assets. In times of market turmoil and uncertainty, CurioInvest is providing an alternative to traditional asset classes previously reserved to the very few.
Just a few weeks ago, CurioInvest business model was recognized among the top 10 Swiss FinTechs by McKinsey’s leading start-up program venture.ch as well as broadcasted on the National TV across all Switzerland.

As Credit Suisse highlighted in its 2018 report, from 1980 to 2017, classic cars were by far the best performing collectable asset. Moreover, as Hagerty Index shows from 2007 to 2019 rare Ferrari prices increased +340%, with clear spikes during the periods of monetary stimulus. However only the very wealthy few benefited from this value appreciation, until now. CurioInvest is challenging this status quo.

CurioInvest collectable car offering is reachable to all, with a low minimum purchase of just $100. Once the Soft cap is reached, the car will be professionally stored, maintained, and insured on behalf of the investors by reputable world-class partners. CT1 represents the 2015 Ferrari F12tdf of the top “concours” grade, from the highly prestigious limited-edition (799 production run), invitation-only series.

In an unprecedented manner, investors will be able to trade tokens peer to peer without any trading window restrictions or lock-ups. This unique feature enables our investors to participate seamlessly in collectable assets starting with $1 by trading directly on the upcoming exchanges.

CurioInvest founder Says: It’s a big step in expanding CurioInvest’s footprint and ecosystem and making real assets such as collectible cars accessible to the public.”

A revolution in collectables. Be part of it and make history with us.

The CT1 digital asset capital raise is expected to be finalized mid-July 2020.

More details regarding the CurioInvest ‘Founders Series’ 2015 Ferrari F12tdf CT1 digital asset capital raise. https://curioinvest.com/car/4

About CurioInvest
CurioInvest provides a technology platform for investments in ultra-rare cars and the creation & management of institutional-grade digital assets. Asset managers and private investors will be able to diversify in top vetted tokenized collectables that trade at stock markets. In the $20B collectable car market, CurioInvest offers the highest security, full automation, and a customizable, yet highly scalable wealth-tech solution, based on DLT. The company was founded by a former team member of kooaba after the exit to Qualcomm. Within just 2 years of foundation, CurioInvest has created a significant footprint in the industry considered by UBS Future of Finance and McKinsey’s venture.ch program among the top 10 Swiss FinTech’s.


Official website: https://curioinvest.com/
Global Twitter: https://twitter.com/curio_invest
Global Telegram: https://t.me/curiocarQA

For questions pertaining to the CurioInvest offering
Investors & Media

info@curioinvest.com

Want A Hypercar? You can now get one with Huobi Token on CurioInvest.com

Vaduz, Lichtenstein, 22nd of May, 2020 – Imagine bringing a collectable rare car to trade on stock markets – just like stocks. Imagine a legendary racing bolid or a most exotic car displayed under beautiful lights in the most prestigious location, with stylish billboards showing current trading values – and inviting people to become co-owners by buying its digital tokens on the stock exchange.

CurioInvest, a leading fintech and a Top Pick by Techcrunch and UBS, built the first in the world platform to trade unique cars on stock exchanges. CurioInvest tokenizes collectable hypercars, giving everyone the opportunity to purchase tokens pegged directly to the value of each specific car. 

CurioInvest plans to bring 500 cars worth $200 million to be purchased with HT Token.

With the support of Huobi Token on CurioInvest marketplace, its users could invest or make purchases of cars and have access to the future growing pipeline of over 500 cars on the platform. Until now, previously reserved only to the world’s richest investors. Sign up on CurioInvest.com to become among the first to purchase car tokens and pay with HT token – just like that. 

Rare cars have demonstrated outstanding financial performance over decades (per UBS, Credit Suisse, Knight Frank among others), and are recognized among future-proof real assets in a world where governments are pumping trillions of dollars as ‘stimulus’. CurioInvest’s vision is to turn collectable cars and other objects of art and passion into a profitable asset class

“We are excited to partner with Huobi,” – “Huobi has proven they are a leading platform with global outreach which further supports CurioInvest in providing access to exotic car investing to the greater audience”– said Fernando Verboonen, CEO of CurioInvest,

Ciara Sun, Head of Global Business and Market at Huobi, stated that “it’s a big step in expanding HT’s footprint outside our direct ecosystem and making real assets such as collectable cars accessible to the general public.”

About CurioInvest

CurioInvest provides a technology platform for investments in ultra-rare cars and the creation & management of institutional-grade digital assets. Asset managers and private investors can now diversify in top vetted tokenized collectables that trade at stock markets. In the $20B collectable car market, CurioInvest offers the highest security, full automation, and a customizable, yet highly scalable wealth-tech solution, based on DLT. The company was founded by a former team member of kooaba after the exit to Qualcomm. Within just 2 years of foundation, CurioInvest has created a significant footprint in the industry considered by UBS Future of Finance and McKinsey’s venture.ch program among the top 10 Swiss FinTech’s.

A revolution in collectibles. Be part of it and make history with us. 

About CurioInvest

If you’re an investor or collector and want to learn more about tokenized cars, visit CurioInvest to learn more about our upcoming assets and Investor relations. If you want to schedule a call to discuss your asset more in-depth, reach out here.

CurioInvest provides a technology platform for investments in ultra-rare cars, and the creation & management of institutional-grade digital assets. Asset managers and private investors will be able to diversify in top-vetted tokenized collectables that trade at stock markets. In the $20B collectable car market, CurioInvest offers the highest security, full automation, and a customizable, yet highly scalable wealth-tech solution based on DLT. The company was founded by a former team member of kooaba after the exit to Qualcomm. Within just 2 years of foundation, CurioInvest has created a significant footprint in the industry considered by UBS Future of Finance and McKinsey’s venture program among the top 10 Swiss FinTechs. 

Website I Twitter I YouTube I Telegram I GitHub I Blog I Tokenized Cars I Investors & Media

About Huobi

About Huobi Group

Consisting of numerous upstream and downstream enterprises, Huobi Group is a leading global blockchain company. Established by Leon Li in 2013, the company’s Huobi Global exchange accumulative turnover exceeds US $2 trillion. Huobi proudly provides safe, secure, and convenient cryptocurrency trading and asset management services to millions of users in 130+ countries.