Konvi allows you to partially own rare, high-end luxury items that would normally not be accessible to you because of high capital requirements, and the lack of accessibility. Our carefully selected partners conduct in-depth data-based research to identify and source luxury items with the best investment potential. These assets are then fractionalised to enable partial ownership by individuals. Investors can then create custom diversified portfolios with Konvi by holding stakes in a variety of asset types such as luxury watches, fine wine, and more. Konvi enables access to the appreciation of rare and exclusive assets starting from only 1000 AED.

Simply due to four main reasons:

1. Appreciation potential: To benefit from great investment opportunities only accessible to wealthy investors.

2. Diversification: To gain access to assets that have a low correlation to traditional investments and hence offer a great diversification tool for your portfolio.

3. Inflation protection: Alternatives increase the long-term, risk-adjusted earnings of your portfolio. They provide a greater opportunity to outperform price rises and increase your purchasing power.

4. Access: To take part in the ownership of the rarest and most sought-after assets in the world.

Appreciation potential: Alternative asset classes such as rare watches, fine wine, art, or whiskey have historically performed very strongly and often outperformed mainstream asset classes such as stocks or bonds. Moreover, their returns have low historical volatility. This is because the luxury brands cut supply when there's less demand, to align with their marketing strategy of selling scarce goods.

Diversification: Every finance book, university course, or investment guidebook stresses the importance of allocating investments across various financial instruments, industries, and other categories to minimize losses. This can be done best by investing in different areas that would each react differently to the same event - areas that are not correlated to another. Unfortunately, not all investment opportunities are accessible to everyone. For example, exclusive assets such as watches require high capital as well as the necessary connections to purchase them. Konvi is solving this problem by working with world-leading industry experts that enable access to these alternative assets and most importantly by making the investment available with a capital of as little as 1000 AED.

Inflation protection: Depending on the investment the extent to which alternatives correlate to the market is significantly smaller compared to traditional investments such as stocks or bonds. Therefore they tend to perform independently and in some cases even counter to the prevailing events in the market. As a result, they are traditionally used in a portfolio as a way of spreading the risk and offer a great tool to hedge against inflation or economic downturns.

Access: Finally, the items we source through our partners are some of the rarest pieces in the world. Sometimes these pieces are limited to only a handful making them very demanded by enthusiastic collectors and most importantly a suitable investment for our community. Democratizing access to alternative assets which have previously only been accessible by accredited and VVIP investors is a mission that unites the Konvi community.

Our goal is to break down the barriers to alternative assets which have previously only been accessible by wealthy investors. To enable this access, Konvi partners with world-leading industry experts to source the rarest and most suitable investment opportunities for its community.

You can find the key information about each investment opportunity that is open or has already been closed in our user-friendly IOS, Android, or Web applications. Before each IAO (Initial Asset Offering), you can place a reservation on the ownership you want to purchase to get priority access to the investment once it's open.

Once the IAO opens, you can purchase shares directly via direct bank transfer or credit card. As soon as the IAO is funded, you will become a fractional owner in the asset and a member of the Collective Investor Group, which is segregated from Konvi's assets and liabilities. The percentage of your ownership will be reflected by the size of your order. The asset is then acquired, which will then be authenticated by an external party. The asset will then be legally owned by you and will be safely stored and insured with our partners.

At the end of the pre-specified appreciation period, our partner sells the assets within 6 months to their network of buyers and collectors. An asset can also be sold before the appreciation period ends if the sale offer is higher than the predefined target value increase. All net returns are proportionally paid back to all owners of the asset.

At Konvi your trust and safety are prioritized, which is why we ensure that every investor's identity is verified and payments handled securely through a trusted Payment Service Provider.

The Konvi team knows its strengths and weaknesses. We have all purchased assets with positive returns, but we believe industry experts have the best results. Therefore, we partner with leaders in the field such as The Watch Fund. With decades of experience in watch purchases and sales, and a track record of watches returning up to 20% average returns per annum, they are trusted by their customers to manage millions in assets.

When you purchase ownership in an asset, you become part of the Collective Investor Group (CIG) who owns the asset directly. This implies your stake in the asset is not linked to the liability of Konvi or its partners - giving an extreme example this means in the unlikely event that Konvi goes bankrupt, the separate legal entity will not be affected, and your ownership of the physical asset will be completely protected.

Yes, we are! We’re proud to be regulated by the Central Bank of Ireland (register code C462206) for the purposes of the Criminal Justice (Money Laundering and Terrorist Financing) Acts 2010-2021. As a company monitored by the CBI, Konvi operates to the highest financial standards and guidelines, to protect our customers against unlawful practices such as Money Laundering.

Ultimately, you, the investors, select the assets to be purchased on Konvi. This is done through a voting system where you will decide on things like purchase, storage, insurance, and sale of the asset. Konvi works closely with our experienced partners to help make this process easier for you. We factor in rarity, originality, value, brand significance and additional data-driven factors. When looking at what items to offer to investors, we make sure they meet one or more of the following factors:

• Queue cutting: purchasing items before they hit the market.
• Extreme limited edition: pieces only VVIPs can access, therefore money can’t buy them.
• Provenance pieces: worn by royalty or historical figures, e.g. Napoleon's carriage clock made by Breguet.
• Price advantage: purchases under retail value that are guaranteed to increase in value straight away.

We believe asset curation driven by experienced experts and data is more effective than by passion, emotions, and limited brand knowledge. To facilitate the best investment opportunities for our community, Konvi partners up with industry-leading experts in alternative investments. Our experts are carefully selected based on credibility, historical track record, assets under management, and a variety of other factors that ensure the best fit for Konvi and our investors.

With this system, we can ensure that we have specialized expertise in the asset field our investors are interested in and most importantly provide the assets with the best investment potential to our community. To learn more about our partners, check out our current and past investment opportunities via the Konvi App

Konvi may sometimes need to take a stake in certain assets for operational reasons. In these circumstances, and in order to maintain the separation of decision-making around an asset between Konvi and its users, Konvi will waive its voting rights when it comes to the purchase, management, and sale of the asset. Konvi will look, where possible, to sell its share in any asset to Konvi investors at the earliest possible opportunity. Konvi's ownership of any asset will not impact the ownership or voting rights of the other investors of that asset.

Fractional ownership is where a group of investors purchase a percentage share of a high value asset. The owners have control over the purchase, storage, and sale of the asset and can vote on any of these topics. This allows anyone to diversify their financial portfolio with physical assets such as luxury watches or real estate.

When you invest in an asset on Konvi you become a member of the Collective Investor Group (CIG). The CIG owns the asset completely and will have control over the purchase, management, and sale of the asset.

This means you will avoid Konvi's liabilities ever impacting your investment. This implies the liability of the asset you own a stake in is not linked to the liability of Konvi or its partner funds - giving an extreme example this means in the unlikely event that Konvi goes bankrupt, the separate legal entity will not be affected and your ownership of the physical asset will be completely protected. You can access the legal documents in the legal section of each luxury asset inside the Konvi app.

• Our assets have different appreciation periods, ranging from 2 to 10 years. At the end of the appreciation period, the partner is required to find an appropriate buyer within 6 months (aka inventory liquidation). The income is then distributed to all owners accordingly, and the amount will be available in their internal account balances.
• We are planning to offer the opportunity of selling your stake early on a secondary market, to benefit from higher liquidity.

The fees Konvi charges its customers are the following: Konvi takes a fee at the time of investment which covers our costs as well as the maintenance costs to cover secure storage, insurance, and management of the assets during the appreciation period. Fees will vary depending on asset and client. For a full fee breakdown, please review the Key Information Document (KID) for each asset.

Optional Fees

• A 1% entry fee, when the asset is purchased. This entry fee will be subtracted from the order amount. This can be waived for portfolio values of €2,000 or more, even from your first investment.
• If choosing to pay by credit card, a 1-3% credit card fee will be applied on top of the order amount. This fee can be waived when choosing to pay by bank transfer.

Konvi works closely with renowned and established partners that can facilitate the most suitable assets for our community. As our partners source assets on demand, they are abe to select the optimal investment opportunity after the purchase has been completed, and hence adjust the decision to the most recent market conditions. Since our partners can prove years of experience in their particular industry they prevail by not only utilizing advanced analysis tools but most importantly the necessary relationships to source the best item.

For example, in the case of watches, our partner WatchFund does not communicate the timepiece in advance to avoid that the market and the watch price is influenced.

Konvi is a facilitator between the carefully selected investment opportunities of the partners and the budget of small-scale investors and hence will act as a mediator to avoid a conflict of interest between both parties.

When you invest in an asset on Konvi you become a member of the Collective Investor Group (CIG). You then own the asset directly and then have full control over the management of the asset. The member of the CIG will vote on matters such as purchase, storage, insurance, and sale of the asset. This implies the liability of the asset you own a fraction of is not linked to the liability of Konvi or its partner funds - giving an extreme example this means in the unlikely event that Konvi goes bankrupt, the separate legal entity will not be affected and your ownership of the physical asset will be completely protected. You can access the legal documents in the legal section of each luxury asset inside the Konvi app.

All investments carry risks and while we partner with funds that have historically performed well, co-ownership of luxury assets is no different, so it's important that you understand them. The value of your assets can fluctuate—in both directions. Furthermore, while past performance can be an indicator it does not guarantee future returns.

On the primary market, there is no guarantee the item is sold at the predicted price - it can be both higher or lower. For more detailed information on possible risks please refer to our risk notice.

When you purchase ownership in an asset, your ownership is held in trust by a trusted third party company. This implies the liability of the company you own your stake through is not linked to the liability of Konvi or its partner funds - giving an extreme example this means in the unlikely event that Konvi goes bankrupt, the separate legal entity will not be affected and your shareholding of the physical asset will be completely protected. For more detailed information on possible risks, please refer to our risk note.

Yes, but only when necessary for your reporting purposes.

• When you purchase assets on Konvi through an Initial Asset Offering (IAO) you become a fractional owner of a specific asset which you will then vote to select and is eventually sold through our trusted partner network. If its value rises, so should the value of your ownership. At the end of the appreciation period, the item will be sold, and your initial purchase amount plus any partial profits on the sale (excl. any applicable fees) will become available in your Konvi account balance.
• Our secondary market is still in development, but once live, it will give you the option to sell your ownership prior to the end of the appreciation period.

Any person, 18 years or older, who are citizens of the following countries, can purchase ownership in assets on Konvi’s platform: European Union, European Economic Area, United Kingdom, Switzerland, Liechtenstein, Norway, Singapore, Hong Kong, UAE.

To activate your account using your discount, an active code should be added in the referral section during your onboarding into the Konvi app. If you received a link, the code will be in most cases pre-filled. If not, feel free to input it manually. After signing up, you can view the credited discount in your portfolio tab.

Your discount will be converted into funds when you make an order using it. It will be automatically applied at checkout. You can then withdraw funds when exiting your investment.

The discount cannot be withdrawn into your bank account, it can be only claimed through an order.

You will pay for your order directly through a secure payment gateway. We accept VISA, Mastercard, American Express, and SEPA Direct Debit. Credit/Debit card transactions incur a small fee of 1% to 3% depending on the country of origination of your card.

If you reserve prior to the official opening of a new Initial Asset Offering (IAO), you will not have to commit to any payment at that stage. In fact, reserving will allow you to receive a "priority access right" to the IAO as soon as the funding opens, which means de facto that we will hold back the amount you reserved for any other investors for 5 days. Thus, you will have 5 days to finalize your reservation with no risk of the item being fully funded and you miss out on your opportunity.

There are three options:

• Newsletter: If you'd like to get notified about all general future developments, you can sign up for our newsletter.
• In-App Notifications: Another option is to activate the notifications in the Konvi app. For this, you can go to the ‘Deals’ page and scroll down to any notifications banner. Then you just click on ‘Get notified’ and activate the notifications in your settings.
• Pre-order Notifications: For signing up for detailed, specific future Initial Asset Offerings (IAOs), log into the Konvi app, select the asset in the "Coming soon" section that you'd like to be notified about, and then click "Pre-order".

If you know under each email your social login is, you can always log in via email, and it will connect to the same account. Your account will then be connected through both your social account and your email.

If you'd like your account to be connected to another email, feel free to contact our support - we're happy to assist you. Just email us at support@konvi.app, and we will sort it out.

Citizens from the following countries are permitted to invest in assets on the Konvi platform. European Union, European Economic Area, United Kingdom, Singapore, Oman, Hong Kong, UAE

To formalize your ownership stake, you are legally required to provide extra information. The collection and use of your personal data exclusively take place within the limits of statutory provisions and in consideration of the current European data protection laws (GDPR).

The government requires information such as name, address, proof of address, and nationality, which are held securely and not shared with the public.

As a financial platform, we are required to collect and occasionally store the information of our users. For information security, we hold ourselves to GDPR (EU regulation) standards. Highly sensitive information, such as your card information or ID copy is never stored on our servers. They are directly sent to our regulated payment provider Stripe or the government entity. For further information, please review our Privacy Policy.

The partner purchasing an item is responsible for safe storage and maintenance. Their decades of experience in investment-grade watches assure optimal storage conditions. They understand that proper storage is critical to growing long-term value. For watches, the WatchFund has decided for the items to be held in a vault provided by Malca Amit, which are experts in storing luxury goods. Since we make money only when you do, it’s in our best interest to manage the assets under the highest standards.

The financial transaction will be performed securely through Stripe, one of the most trusted payment service providers in the world. We accept payments through Bank Transfer, Visa, Mastercard, and American Express.

If the funding target is not reached, you will receive a 100% refund.