How long will this monster stay low? still only $1.3m marketcap. juicy af
/ Curio (CUR) /
Nolan Flores
Luis Rivera
Huge
Jason Bell
I just don't get it.
Do I need CUR or CURV?
Do I have to swap my CUR for CURV?
Oliver Ortiz
Swap CUR to CURV before marketing kicks off next month, the process is simplified and newfags push the yield curve up to 10 CUR for 1 CURV.
CURV holders are assigned 5% of every asset that is tokenized, if they vote on which new offering should be put forward to investors. The same dev seemed to indicate that rewards will be much greater than that though.
Curio are tokenizing 500 cars with $200 million+ to start with, so that is a share of $10 million + of tokens that will appreciate in value and can also be sold on exchanges.
When Curio expands into other areas e.g. luxury watches, wine and so on you will continue to receive a share of every asset.
Follow the process in the image.
Tyler Robinson
I feel like the team doesn't want this to move yet, I think their the ones throwing up huge sell walls
Owen Ward
then what's the point of CUR? i don't get it
Adrian Evans
no u dont need to swap. different tokens.... CUR is the main governance token in curio ecosystem, being traded on exchanges. CURV is the voting toking, only accessible by swapping cur to curv. it gives u rewards for voting.
Asher Butler
But aren't they selling the first car in like two years from now?
So I have to wait two years to get 5% of the asset?
Why the fuck do they make this so complicated?
Looking at their website they are talking about so many fucking tokens: CUR, CURV, CURIODAO, CGT, CSC CT1, CTn
Tyler Turner
Total supply of CURV is about 287k, so 1ish % of the supply nets you $500 if the offering is $1 million again x by 500 offerings of similar value.
The top holder is getting $9,000 in divvies assuming the next offering is worth $1 million (he will probably get more as the devs are indicating there will be an insane reward system for CURV holders). That's $1.8 million he will get during the first car offerings (500 cars worth over $200 million)
The 1% holder of the CURV supply will get $100,000 over the first stage of offerings.
Divvies are off the scale and this is a conservative estimate.
CUR hodlers can speculate on token price, but you can switch from CURV to CUR whenever.
Charles Powell
I thought you got the tokens immediately, which can then be redeemed on another website. They should also increase in value, so compound gains.
Noah Morales
>When the car is resold, you will receive a profit if the vehicle increases in value. Alternatively, if you wish to cash out before the vehicle is sold, you can also sell your Car Tokens peer-to-peer to other investors.
>Why the fuck do they make this so complicated?
curioinvest.com
In depth explanation. I think they kind of fucked CUR when CURV came into existance.
It is called a governance token, but has zero benefit apart from price speculation, being able to play a VR game and swapping it for CURV. Further benefits might come in time.
Brayden Hernandez
Yeah I have read this and I understand CUR and the Car Token but the CURV stuff is too much for me.
Nolan Cooper
You're not supposed to be buying this. It's not for 4 chan faggots. Imho this is game changing and will be huge.
Logan Rivera
CURV allows you to vote on new offerings. If you do so you get car tokens. Swap CUR for CURV according to yield curve.
mainnet.aragon.org
Zachary Baker
CURV is mooning
1.79 now
Chase Thomas
Remember this is before CUR has hit any major exchange and before the "bridging" solution Curio are going to implement to make the swap far easier. Next stop, Jupiter.
Jason Gomez
Dude I own a huge stack already and have since May but just calling it like I see it, I think the team is trying to keep the price from bubbling up while they focus on the backend.
Austin Torres
Okay then I get car tokens for a car they probably sell in two years.
Then they have to pay the bills for storing and maintaining the car, take their 20% share and the rest is given to the car token holders.
Seems like a pretty safe investment if you already have a lot of money.
Angel Jones
I agree breh, but I also think that preferred investors are being given a better entry point. Look at all the partnerships and awards. They are well connected.
Again:
>When the car is resold, you will receive a profit if the vehicle increases in value. Alternatively, if you wish to cash out before the vehicle is sold, you can also sell your Car Tokens peer-to-peer to other investors.
You can sell your car tokens whenever you want.
Gavin White
How the tell this project can still be less than 2M cap? It's a steal, team dumping on us?
Colton Wilson
>You can sell your car tokens whenever you want.
Yeah but the resale value of these cars won't go up 10x in a week. So the price of the Car Token is always somewhat tied to a realistic price of the car. Sure they may 5x in the two years and I totally would be having huge bags of CURV if I had a lot of money.
But I'm poor as fuck so I have to gamble with shitcoins to make it. Then I'll buy into CURV.
Cameron Jackson
When you talk about yhe "first stage of offerings" are you referencing the first 500 cars? If so, how long does it take to tokenize 500 rare cars? 20 years? 100k over 20yrs isnt that big
Brayden Hill
Explosion is inevitable tho. Curio is getting more and more exposure. people will see the fundamentals and supply and rightfully smash the buy button
Asher Reed
Dumb question here, since there are only 2million CUR tokens, how is it enough to go about?
Like, you need to use CUR to exchange for a Ferrari token (for example) right? So where does that CUR go to?
And, when you swap CUR for CURV, where does the CUR go to?
I'm actually confused about the tokenomics for CUR kek
Dylan Harris
who the fuck wants to buy curry unless ur a poor pajeet
Jayden Taylor
More like 20 months
Jack Bell
You know there is a million things you can fud with like this won't work or the tokenonics are fuzzy than just the same lazy pajeet fud posted in EVERY Curio thread for 3 months now. All it does is make me want to hold it more. Get a new schtick.
Owen Cook
500 cars in 20 months?
They can't even store half of these cars in their secure location.
How are they going to sell 500 rare and valuable cars in 20 months when they plan to keep every car for 24 months?
Tyler Stewart
Team is paid in CUR each month, so I'd imagine so.
Fair enough man.
Took the first one about a month with almost no marketing. So I expect several offerings will be made simultaneously once they have worked out the niggles.
Look at how Maker did- 1 million tokens total.
William Ross
Ok. So within a several years we expect 500 ultra rare cars to be tokenized. 2mil CUR and 250kCURV. We've got that. When does actual marketing and trading begin so something other than $60k/day is traded??
Charles Ross
Dev on telegram today:
>Kucoin-request send - need time !
Uniswap liquidity- coming!
There's a vote at the moment at some shit exchange listings. See attached pic.
>So within a several years we expect 500 ultra rare cars to be tokenized.
It'll be more than that- real estate, watches come next I believe.