/biz/ - Business & Finance

When MERJ listing of CT1 tokens?

Imagine this..
MERJ: "The listings could bring up to 500 tokenized cars worth over $200 million onto a stock exchange compliant with the highest international regulatory standards. An affiliate member of World Federation of Exchanges, MERJ Exchange expects buying to be led by institutional investors and regions with restrictions on auto imports such as China."

MERJ listing --> media exposure expected. Just look at the huge number of articles back in January.

Watch this Bloomberg video explains everything in a nutshell
https://www.bloomberg.com/news/videos/2020-01-31/turning-supercars-into-digital-coins-video

>>19608460
Baseless and unnecessary.

Hey buddy u understand Asset tokenization? Security Tokens?
Can u understand Asset tokenization can't happen without token?
Firstly I will recommend some research on Asset tokenization, plenty of reports .
Maybe start here
https://www2.deloitte.com/content/dam/Deloitte/lu/Documents/financial-services/lu-tokenization-of-assets-disrupting-financial-industry.pdf

Now let's come to Curio, don't confuse Curio with cars. Car is an Asset which Curio is starting with in 1st phase.
reasons:-
They have education , experience and business know how in this field.
They already own some costly cars and have backend logistics in place
Data proves that cars appreciate most among all the collectibles
They have legal approval for the same.

Since it's tokenization so every asset will have it's own security token , in our case referred to as CT1, CT2 and so on, linked to that asset. Every token is legally approved to be traded in 29 countries and got it's own ISIN

Now Let's understand utility token Curio.

As I said, Curio isn't just about owning an exclusive car, it's also a utility token, which through Curio DAO, built on Aragon, provides token holders voting and governance right.

Curio can be used as payments for buying a share of tokenized asset.

By staking Curio token holders also earn car tokens.

They are also building a suite of Defi products, wherein curio can be used for collateral and earn dividends etc

Curio Stable, like Maker/dai is coming up too.

There is a VR based game portal coming up, beta should be released in few days, Curio will be used within that .

They are also building a portal using tech from EOS and Polkadot, which other business, asset managers etc into same industry can purchase license for.

And like every business as it progress, new platforms and usecase will continue to evolve.

Hope it helps

Some facts about Curioinvest for the early investor:
1.Topper of Ycombinator and Oxford incubation program
2. Won the award for best Blockchain Startup of Crypto Valley!
3. Curio made it into the top 3 of the Block Battle TV Show, Korea. This helps them to share prize pool of $10 Million by SBI Investments and also received letter of Investment from huobi.
4. Curio presented at the two EM-Tech events, WEF Davos 2019.
5. Presented at digital economy trade show, China.
6. Presented at Swiss Asset Tokenization Event.
7. Curioinvest was single swiss finalist at global UBS competition.
8. CurioInvest was the top pick for TechCrunch’s Disrupt Berlin 2019.
9. Mentioned in Hackernoon
10.Among European most active blockchain project
11.This list is long, they recently got selected top 10 by Mckinsey Venture , and also nominated for RTS awards etc etc

This project has serious next gem potential

Tokenizing expensive cars as an asset class, opening a way to participate in this very lucrative market.

300.000$ Marketcap
Only 2.000.000 CUR supply

Won several awards already, one in South Korean TV with Huobi CEO in the jury. (likely listing incoming in the near future).

Listed on Hitbtc and probit