Otis: A Whole New Way of Investing Involving Cultural Assets
How We Aid You in Reaching Your Investment Targets Fast
Investing in cultural products is a new way to grow your money. Since 2018, we at Otis have allowed our United States-based customers to pour their hard-earned investment funds into modern art, collectibles, and sneakers. This mode of investment is affordable at merely about $25. You can grow your investments with us in three ways. One is with cash flows, in which they get distributed pro-rata to our investors like you if we find a suitable chance to generate revenue from a cultural asset. One example of this event is loaning the product for display. Another way for you to grow your investment funds is the forthcoming trading platform that will allow you to sell and purchase shares. Finally, at Otis, we conduct a survey whenever we get a legal offer while you intend to hold for the long haul. The net proceeds involved in any asset sale will get distributed pro-rata to you.
How You Can Facilitate Us to Serve You Better
You need to settle a sourcing fee worth up to 10 percent at Otis, depending on the cultural asset. This charge allows our team to source, analyze, and perform due diligence comprehensively for the investments. Additionally, our broker-dealer charges a 1-percent fee on invested capital. We at Otis aim to get our cultural assets at a discount. In this way, the total offering value inclusive of fees stays at or approximately within fair market value. Our firm is entitled to 10 percent of any profits as well upon any assets' liquidation. The remainder gets distributed pro-rata to our shareholders.
Understanding the Risks You Will Face for Your Investment
Investing with us involves the insurance of the cultural assets if they get stolen, damaged, and so forth. It would be best if you remember that the cultural assets depreciate in value.