The edition sports folio: like a DAX fund for art

The edition sports folio: like a DAX fund for art
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With hardly any other investment class, high returns and emotional connection can be better combined than with art. Just as stocks, gold and cryptocurrencies belong in every portfolio, more and more investors see art as a must-have in portfolio mixture. Nevertheless, there is a catch: While practically everyone can invest in the 100 largest stocks or cryptocurrencies, only very wealthy people can create their capital in the 100 most successful artists.
As other tokenization start-ups, Arttrade wants to open a previously exclusive market for a broad mass of investors. It is not new that it is offset as a token and makes it easier to act as a token. Start-ups such as finexity or timeless have been offering this for a long time.
It is very new, however, that with the Weng Fine Art AG's edition sports folio, you offer a portfolio solution, similar to a fund, for art. Instead of only investing in a single Gerhard Richter or Damien Hirst, you can directly invest your money in several so-called Blue-Chip works via selection of the listed artistry WFA and participate in the increase in value.
In addition to the art interest, it is also the returns that can convince. In conversation with BTC-Echo, Julian Kutzim, one of the three co-foundation from Arttrade, emphasizes the investment case: "Especially Blue Chip Art, i.e. the work of the top 100 artists: inside, has proven to be very high with an average of 8.9 percent in the past two decades. In addition Perfect portfolio mixture. “
This form of inflation protection seems to attract more and more investors. Kutzim points out that according to a Deloitte study, 85 percent of asset managers recommend investing their customers in art.
In order for investors to receive a regulated financial product, they emit crypto value papers. These are based on the electronic securities law (EWPG), which has been offering a legal framework for securities on a blockchain in Germany since June 2021.
The fact that you have chosen a token -based investment solution is obvious for Kutzim. "Lower costs, faster processing, changeability and more transparency", he leads as main arguments. These advantages are made possible by avoiding "unnecessary intermediaries", as Kutzim emphasizes. Supposedly, they should be able to act up to 80 percent cheaper than conventional financial service providers, assures the art trade co-founder.
If you are looking for fast money, you will not find what you are looking for in token. After all, the buyer does not decide when the works of art will be sold, but art trade. Since the holding time is often five years or more, such an investment is more for long -term investors.
The minimum amount of 1,000 euros is also 1,000 euros, so that narrow wallets have to be left out. Nevertheless, the new fund solution from Arttrade in cooperation with Weng Fine Art seems to offer a good starting opportunity for investors, which diversified their portfolio with works by the Blue Chip Artists.
Disclaimer: The article only reflects the author's personal opinion. Under no circumstances are this an investment advice or purchase or sales recommendations.