The Cultural Investment
Investment platforms have increasingly popped up over the past few years, helping users invest spare change or small investments into a variety of companies through automated round-ups. A few investment platforms go as far as to allow you to invest in real estate or technology - and then there's some (one) that allows you to invest in "culture." Otis is a new investment platformthat allows users to invest in sneakers, collectibles, art, and talent-specific items through limited-run investment "drops." The platform is fairly new, with plans to focus on specific artist-drops as Otis' gallery grows its inventory. Otis may be creating the future of silent auctions or fan giveaways for artists - instead of a one-and-done exchange for an exclusive item, artists will be able to have thousands of fans be investors for a particular item, growing the item's value over time.