Otis-Lets-You-Invest-in-a-Portion-of-Famous-Art-Sneakers-and-Collectibles

While we certainly consider ourselves aficionados and even collectors of contemporary art, music albums and sneakers, we’re still regular guys that don’t have the kind of coin to outright own pieces like KAWS artwork and Nike Air Mags. Or do we? With the new “alternative investment app” Otis, it’s a real possibility. As they put it, “Otis acquires high-quality assets, divides them into smaller shares, and offers them as equity investments. When you invest in an asset, you become a shareholder that owns a specific asset. Similar to a stock market, you’ll be able to buy and sell shares after a certain period of time.” In other words, you’re investing in a small piece of otherwise grail-worthy pieces most of us would never be able to afford for at little as $25/share. All pieces are stored in a museum-quality storage facility when they’re not out traveling the world, and Otis retains an ownership interest in each piece so they’re investing with the rest of us. This is one unique way to diversify your portfolio.

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