Reef Finance Welcomes CurioInvest’s Tokenization of Real World Assets
Reef Finance is happy to announce an important new collaboration with CurioInvest, a Fractional NFTs Launchpad for real world assets, to Reef Chain.
CurioInvest drives you into the digital asset world, building and using unique cross-chain solutions. Whether you invest into a tokenized car such as a Ferrari F12tdf asset token or earn on CurioDAO DeFi CGT, CurioInvest believes in tokenization of real world assets.
Reef Finance has developed a fast, scalable, and EVM-compatible chain for DeFi applications, Reef Chain. Reef Chain is a customized blockchain that allows developers to build DApps or deploy existing projects from Ethereum.
Reef Finance and CurioInvest Vision for Collaboration
As part of this budding relationship, CurioInvest and Reef Finance will connect and explore synergies to bring liquidity to real world assets.
“When you look at fine art, collectible cars, they have been perceived historically as safe havens,” said Fernando Verboonen, founder and chief executive officer of CurioInvest. “They’re held by very few and by bringing a different technology, we’re making it truly possible for everyone to benefit from those features or traits that define the asset class as a whole.”
CurioInvest is betting that the value of rare and collectible assets — which includes vintage cars, wines, and jewelry, among other things — will continue to appreciate. Vintage cars, for instance, returned more than 330% in the 10 years through 2017, according to a report from Knight Frank. The cars, of which a $1.1 million Ferrari will be among the first on the slate to be tokenized, will be stored and maintained in a vault in Germany.
Reef Chain will allow deployment of CurioInvest’s flagship dApp, https://rollapp.store/, and gain all the benefits offered by the ever growing Reef ecosystem and user base.
In addition to the standard reward for liquidity providers (exchange fees from users), CurioInvest will provide rewards in CGT (Curio Governance Token) — tokens for controlling the Curio Stablecoin protocol using the DAO model and stabilizing its functioning.
About CurioInvest
CurioInvest is a product of the CurioDAO Association — The DeFi Hub of Real-World Assets NFTs, a multi-chain real world asset NFT platform where users can easily mint RWA NFT, get liquidity via Stablecoin allowances or earn yield by creating farms.
CurioDAO brings reputation to real-world asset NFTs. Beyond having the first-mover advantage and access to a unique supply of rare collectibles, our USP is reg-tech & blockchain. While focusing on asset tokenization, we gained early traction via our product CurioInvest, $1M+ in total sales. However, CurioDAO almost immediately after launch grew up and became the center of Curio. The CurioDAO is recognized as top 20 by the number of members, received a grant from NEAR, and has begun deep integrations with Chainlink, MakerDAO, Polkadot, BSC, Ethereum & SKALE.
About Reef Finance
Reef Finance is building Reef Chain, a DeFi blockchain built using Substrate Framework. Reef Chain provides high scalability, enabling almost instant low-cost transactions, and supports Solidity and EVM, allowing developers to seamlessly migrate their DApps from Ethereum without any change in the codebase. Our vision is to make DeFi easy for everyone to invest in and build DeFi applications on top of Reef Chain.
Join us:
- 🌎 Website: https://reef.finance/
- 🐦 Twitter: https://twitter.com/ReefDeFi
- 📢 Telegram: https://t.me/reefdefi
- 📚 Medium: https://medium.com/reef-finance
