The Konvi team knows its strengths and weaknesses. We have all purchased assets with positive returns, but we believe industry experts churn the best results. Therefore, we partnered with 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 a shareholder in a company that buys, owns and sells one specific asset. This implies the liability of the company you own a stake in 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 shareholding 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.

We (Ioana, Lena & Eran) are three investment enthusiasts who have experience working with financial systems at large corporations. After following the luxury collectibles market, and experiencing lower appreciation of our assets than Konvi’s partners are offering, we decided to bring rare, luxury assets to everyone. We set out to leverage our experience in startup strategy, software and product development to democratize the luxury market by lowering the minimum entry barriers from ~€250,000 to an amount as low as 250€.

Simply due to three main reasons: 1) to effectively diversify your financial portfolio, 2) to benefit from potential strong returns and 3) to partially own some of the rarest assets in the world.

Diversification: Every finance book, university course or investment guidebook stresses the importance of portfolio diversification to minimise the risk of losing money when putting all your eggs in one basket. Unfortunately, you usually need a certain amount of assets to be able to effectively diversify your money since many investments have a high minimum entry investment, e.g. real estate, luxury goods, etc. Therefore, the possibilities for diversification have always been very limited for small retail investors or young people. Konvi is solving this inequality and allows you to diversify your finances with as little as 250€ by purchasing shares of rare alternative assets which have a very low correlation with mainstream asset classes and are therefore an effective addition to equity portfolios.

Returns 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 a low historical volatility. This is due to the fact that the luxury brands cut supply when there's less demand, to align with their marketing strategy of selling scarce goods.

Rarest Pieces in the World Finally, the items we source through our partners are some of the rarest pieces in the world. Which only makes them investment-grade in the first place since they are so scarce that demand from collectors is so high. Hence, it's actually exciting to be a legal co-owner of a very scarce watch, isn't it? Breaking down the barriers to luxury assets which have previously only been accessible by high-net worth individuals and big investors and democratising the access to the broader population is a mission that unites the Konvi community.

We work with partner funds to acquire rare collectible assets at a price lower than their market value. We predict the chosen assets will increase in value over time due to the nature of their rarity, brand validation and collectors' express of interest. We work with dedicated category-experts with decades of experience in alternative investments. For example, The Watch Fund is already managing millions in assets and has never managed a portfolio that depreciated. We believe asset curation driven by experts is more effective than by passion, emotions and limited brand knowledge.

Prior to the opening of a crowdfunding round, as a user of Konvi you can place a reservation of the share you want to purchase. This gives you priority access. Once the crowdfunding round opens officially, you can purchase shares directly via direct bank transfer or credit card. As soon as the crowdfunding is completed, you will become a shareholder in a SPV (Special Purpose Vehicle), whose purpose is owning, managing and selling an asset. The percentage of your shareholding in the company will be reflected by the size of each order. The asset will then be legally owned by all shareholders who participated in the crowdfunding campaign while the asset will be acquired and safely stored and insured with our partners.

At the end of the pre-specified appreciation period, our partner funds sell the assets within 6 months to their network of buyers and collectors. All net returns are paid back to all legal shareholders of the watch and the SPV will be dissolved.

You can find the documents of each SPV by accessing an open investment inside the Konvi app.

If there are profits while the asset is managed, the shareholders may be eligible to receive parts of the profits as dividends. When available, the entitled amount is 70% of the net profits of the company you partly own.

We are offering access to rare luxury items with chances of high appreciation and returns. Starting off, are offering high-end limited edition watches, worth at least €100,000. Our reputable partner fund, the WatchFund, has sourced watches with average historical appreciation of 20% per annum.

We are also listing fine wine portfolios with, CultWines. Through our world-leading wine investment partner, we are allowing the Konvi community to get access to the rarest and best appreciating wines worldwide.

Over time we will expand further to make even more alternative asset classes available to the broader population, such as art, whisky, handbags, cars and other collectibles. Subscribe to waiting lists through our app and get notified!

We factor rarity, originality, value, brand significance and additional data-driven factors into every decision we make to acquire assets. We purchase items meeting one or more of the following factors:

• Queue cutting: purchasing of items before they hit the market.
• Extreme limited edition: pieces only VVIP’s 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.

99.9% of watches are not investment grade, meaning it's extremely hard to find a watch that you'd be able to sell at a profit after wearing it. Konvi's model works because our partner, The Watch Fund, is able to source the most exclusive and inacessible pieces under retail price, costing €200,000-€500,000, using their connection to the industry. To find out why you should not to consider your watches investments, until you are ready to sell them, check out the following magazine article.

Konvi is a platform that allows you to partially own rare, high-end luxury items. We, together with our very carefully selected partners, identify and source the rarest luxury items below market value, with a yearly historical appreciation of up to 20%* average. You can partially own these items starting with only 250€. We are letting each item appreciate for a set amount of years, then sell it to collectors. After releasing our secondary market, we plan to allow everyone to sell their share prior to the end of the appreciation period while others who missed a funding period will be able to purchase shares later on.

Even though we aim to partner with funds that yield high returns, crowd-ownership of luxury assets carries risks. The value of your assets can fluctuate—in both directions. Past performance does not guarantee future returns. For more information, we recommend you research further our partner, The Watch Fund, and their past performance.

When you purchase ownership in an asset, you become a shareholder in a company that buys, owns and sells one specific asset. This implies the liability of the company 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 seperate legal entity will not be affected and your shareholding of the physical asset will be completely protected.

On the primary market, there is no guarantee the item is sold at the predicted price - it can be both higher or lower. On the secondary market, and there’s no guarantee that there will be a buyer offering your desired price when you want to sell. For more detailed information on possible risks please refer to our risk notice.

The fees Konvi charges its customers are the following:

• A 1% entry fee, when the asset is purchased. This entry fee will be subtracted from the order amount.
• If choosing to pay by credit card, a 1% credit card fee will be applied on top of the order amount. This fee can waived when choosing to pay by SEPA direct debit.

Any extra fees will not be charged to our users directly: All maintenance costs to cover secure storage, insurance and management of the assets during the appreciation period will be handled by and charged directly to the holding company created for each asset. These fees will be approximately between 1-4% p.a. of the sale price depending on the asset class.

Our partner, The WatchFund, is trusted by many wealthy investors and is managing millions in assets currently. Their average historical appreciation is of up to 20% per annum, and their worst portfolio they mananaged appreciated by 11% over the period of one year.

Through Konvi, you can benefit of our partners' ability of sourcing the most exclusive timepieces, and with a low entry barrier of only €250.

To find the best watches that will return the highest appreciation due to their scarcity, we partner with The WatchFund. The WatchFund is highly known internationally for their great track record and expertise in finding and selling the most exclusive and scarce watches. Yet, against common wisdom, it is not the watches that everyone thinks about that appreciate the most. Instead, the scarce, limited edition watches (e.g. produced in 10 pieces) by exclusive brands are the ones which raise exponentially in value because watch collectors would pay a fortune to be able to own such an exclusive timepiece.

This is why The WatchFund is supplying the most promising watch pieces at the time of the crowdfunding completion and does not communicate the timepiece in advance to avoid that the market and the watch price is influenced. This ensures the highest potential of appreciation after the purchase and also comes as a nice surprise for our Konvi community once the watch model is published on our platform :)

Konvi will not own the luxury assets you crowdfund. You will become truly a partial owner! We legalise asset ownership by creating a company whose whole purpose is owning one item. When you purchase ownership in an asset, you become a shareholder in a newly created legal entity that buys, owns and sells one specific asset. This implies the liability of the company 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 seperate legal entity will not be affected and your shareholding 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 shareholders accordingly, and the amount will be available into their internal account balances.
• We are planning to offer the opportunity of selling shares early on the secondary market, to benefit from higher liquidity. Each asset will have open trading windows, at least twice a year per crowdfunded luxury asset. Shareholders will be notified in advance of future trading windows.

Yes, but only when necessary for your reporting purposes. As a shareholder, you will be notified when we will file or receive documents.

Crowd-ownership is the practice of purchasing a physical or digital asset with capital coming from a large number of people. This way of raising capital has been established for the funding of companies worldwide, and also allows anyone to diversify their financial portfolio with physical assets such as luxury watches or real estate.

If you reserve your shares 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 shares 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 finalise your reservation with no risk of the item being fully funded and you miss out your opportunity.

• When you purchase shares on a Konvi crowdfunding round for an Initial Asset Offering (IAO) you acquire an ownership stake in a mini-company that owns and operates the specific asset. If its value rises, so should the value of your shares. 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 shares prior to the end of the appreciation period. You'll be able to place an order during a trading window, and the price will be matched with a potential buyer's offer.

There are two options:

• If you'd like to get notified about all general future developments, you can sign up to our newsletter, through our magazine.
• For signing up to detailed, specific future crowdfunding Initial Asset Offerings (IAOs), log in into the Konvi app, select the asset in the "Coming soon" section that you'd like to be notified about, and then click "Join Waiting List".

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 transaction incur a small fee of 1%.

Your payment (excl. fees) are transferred directly to the legal entities created to determine your partial ownership in the asset.

Any person, 18 years or older, who is an EEA (European Economic Area) resident can crowd-own assets on Konvi’s platform.

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 hi@konvi.app, and we will sort it out.

Each instrument states whether there it will be available on the secondary market. Log in into our app to read the details of the asset you are planning to invest in.

The secondary market is allowing investors to sell their shares before the appreciation period ends. Through this method, investors can purchase and sell shares from other investors, rather than from the legal entity itself.

The feature is planned to be available in the summer of 2022.

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.

As a financial platform that sells regulated securities, we are required to collect and occasionally store 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 are 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 partnering fund 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.

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

You will then become a shareholder of an SPV (Special Purpose Vehicle). The government requires information such as name, address and proof of address, nationality, which are held securely and not shared with the public.

The financial transaction will be performed securely through Stripe, one of the most trusted payment service providers in the world. We accept payments through SEPA, Visa, Mastercard and American Express. The money charged upfront will never be held in Konvi's bank accounts - they are transferred directly to the holding entity.

When the funding target is reached, the full amount will be directly transferred from the holding entity (SPV) to the supplier (WatchFund), according to a signed contract between the two parties. If the funding target is not reached, you will receive an 100% refund.