Assess their risks, liquidity, investments, returns, timeframes and other terms
Invest in startups
Invest in multimillion-dollar art shares
The minimum investment required on Mintus for art investment opportunities is $3,000, with investment amounts typically ranging from $15,000 to $100,000.
Investing on Republic involves significant risks such as the potential total loss of investment, illiquidity, long-term commitment without guaranteed returns, risk of dilution, limited information on investments, and possible impacts from regulatory changes.
Investing in Mintus carries risks such as market volatility affecting art values, limited liquidity options until the secondary market launches, potential regulatory changes impacting investment practices, operational challenges, and the subjective nature of art valuation.
Investments on Republic are generally illiquid, meaning it may be difficult to sell or convert them into cash quickly.
Mintus plans to introduce a secondary market feature, which is currently marked as "coming soon". This future addition aims to enhance liquidity by allowing investors to sell their shares in artworks to other users, although it's not yet available.
Returns on Republic depend on the success of invested projects, companies, or funds, with potential payouts varying by investment terms.
Mintus targets an 8.9% annual growth rate for investments, though actual returns may vary due to market conditions and art performance.
Investments on Republic typically have a long-term horizon, often requiring several years to over a decade before potential returns are realized.
Investments through Mintus generally have a long-term horizon, often spanning several years, due to the nature of art appreciation and market trends. Exact duration may vary based on specific artworks and market conditions, with potential for earlier liquidity once the secondary market is introduced.
Anyone 18 or older can invest on Republic, with specific eligibility and investment limits varying by campaign. International investors can participate in many offerings, subject to local laws and specific campaign terms.
Mintus allows both individual investors and institutions to invest in artworks. Individual investors need to qualify as "high net worth individuals", "sophisticated investors", or "accredited investors" and pass an appropriateness assessment. Institutions like wealth managers and family offices should contact Mintus directly for specific investment options.
Assets on Republic, like startups and private ventures, exhibit high volatility due to factors like market sentiment, regulatory changes, and business uncertainties. Valuation changes can be sudden and significant, reflecting the inherent risks and potential rewards of these types of investments.
The volatility of assets on Mintus, consisting of high-value artworks, is influenced by art market dynamics, economic factors, and the unique characteristics of each piece, such as rarity and provenance. These elements can cause fluctuations in art valuations, making them inherently volatile investments that require careful consideration.
Republic operates under SEC regulations like Reg CF, Reg A+, and Reg D, ensuring transparency and investor protection. Companies on Republic must adhere to disclosure and, in some cases, undergo financial audits or reviews.
Mintus is authorized and regulated by the Financial Conduct Authority (FCA) in the UK. This regulatory oversight ensures Mintus meets strict standards for investor protection, transparency, and market integrity, although specific audit details are not mentioned.
Investments on Republic are not covered by traditional insurances or state guarantees like FDIC protection.
Details on insurance for artworks on Mintus are not explicitly mentioned. Typically, art investment platforms secure artworks against risks like damage or theft through insurance.
Dividends on Republic are not standard across all investments and depend on the specific agreement with each company. Some investments may offer dividends through revenue-sharing arrangements, but many startups prioritize reinvestment over distributing earnings.
Mintus does not offer traditional dividends. Instead, investors gain returns through the appreciation and eventual sale of the artworks, receiving profits based on their share ownership.
On Republic, returns mainly come from liquidity events like acquisitions or IPOs, but these are uncertain and can take years. Selling shares directly is typically not possible within the first year due to federal restrictions, with few exceptions. Even after this period, the resale market is limited and subject to legal considerations.
Investors on Mintus receive their returns after the sale of an artwork, with profits made available in their wallet. They can then choose to withdraw these funds to a bank account or reinvest in other artworks on the platform.
Republic charges an administrative fee for investment commitments, typically 2%, with a minimum of $5 and a maximum of $300, varying by offering. This fee is refunded if an offering is canceled or withdrawn but not if the investor cancels their commitment.
Fees on Mintus vary by artwork and investment structure, with all fees shown in advance in the Memorandum document available for each opportunity.
Republic does not provide tax documents or specific tax guidance for investments. Tax implications, such as for Crowd SAFE and Token DPA investments, depend on the investment's nature and liquidity events.
Mintus notes that artworks don't generate income while held, so tax implications mainly stem from capital gains upon sale.