It is creating digital tokens that represent the right to profit from the Supercar. These tokens are created and managed on a blockchain network, which provides a secure and transparent ledger for their ownership and transactions.
Why tokenized instead of real investment?
Real Investment
Tokenized Investment
β Higher barriers to entry
β More accessible for smaller investors
β Less liquidity
β Increased liquidity
β Less transparency
β Greater transparency
β Higher costs
β Lower costs
β Potential for risk
β Potential for risk
Selection of supercars for investment
Iconize will carefully select a range of supercars and hypercars suitable for investment based on factors such as rarity, demand, and potential for appreciation in value.
Creation of ERC-20 tokens representing ownership shares
Each car will be partitioned into a specified number of tokens for sale, which adhere to the ERC-20 standard. These tokens represent the right to a share in the profits generated by the car.
Premium Index Price as an incentive for token purchase
As an added incentive for users to purchase tokens, Iconize will offer a premium index price for the tokens. This means that buyers have the opportunity to purchase tokens closer to the car's acquisition price than the market price, providing another reason to invest in the tokens.
How does it work?
The car is tokenized and divided into a certain number of tokens
User can purchase a specific number of tokens representing the number of rights to profit from the Supercar
Hold or trade the tokens
Vote on whether to sell your car for a certain price and, if sold, enjoy the profit
Tokens are Erc-20 compliant so that they can be traded in the future on the secondary market