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Description
Elephants is a co-ownership platform that breaks down luxury watches into fractional shares, making this exclusive market accessible to a broader audience. With the luxury watch market valued at €79 billion, it has traditionally been gated, leaving many potential investors on the sidelines. Retail investors often face challenges such as steep initial costs, concerns over authenticity, and limited availability, which hinder their ability to diversify into luxury timepieces. By fractionalizing these exquisite watches, we enable individuals to invest in iconic pieces without the burden of high prices. Every watch we offer is verified, insured, and securely stored, ensuring peace of mind for our investors. As a forward-thinking tech company, Elephants is reshaping the luxury watch industry through innovative technology and data analysis. We take pride in being the pioneering online platform dedicated to this niche market, where our enthusiasm for watches is fueled by a commitment to using quantitative metrics to pinpoint the most promising investment opportunities. Our goal is to bridge the gap between luxury and accessibility, allowing watch enthusiasts and investors alike to participate in this captivating world.
Description
Ownify is an innovative program focused on fractional homeownership, aimed at making the dream of owning a home a reality for first-time buyers. By collaborating with investors, Ownify allows individuals to enter the housing market with as little as a 2% down payment, giving them a 2% equity share upon closing. This unique strategy effectively positions buyers as cash purchasers, enabling them to cover other essential upfront costs such as due diligence fees and earnest money, which enhances their competitiveness in the marketplace. Participants in this program, known as "Ownis," are required to make fixed monthly payments that are split into two parts: one part is allocated for acquiring additional equity in the property, while the other part addresses occupancy expenses like maintenance, insurance, and taxes. This framework facilitates a gradual increase in ownership for Ownis over time, allowing them to build equity at a steady pace. After a five-year period, Ownis typically find themselves owning around 10% of their home's equity, with the flexibility to either buy the remaining equity at its fair market value or opt to cash out and exit the arrangement. Ultimately, Ownify not only provides a pathway to homeownership but also empowers buyers to take control of their financial futures in a supportive manner.
API Access
Has API
API Access
Has API
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Integrations
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Integrations
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Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Elephants
Founded
2022
Country
Switzerland
Website
www.elephantsclub.io
Vendor Details
Company Name
Ownify
Country
United States
Website
ownify.com