When you purchase shares in an Otis offering, you invest in an LLC that owns a specific asset, such as a painting. If the value of that asset rises, so does the value of your shares. It is our goal to curate assets that will appreciate in value over time but there is no guarantee we will meet this objective.
If the asset you've invested in increases in value, you have the option to realize your capital gains.
There are two primary ways to make money on your investments:
Trade - Sell your shares to other Otis members. We currently provide real-time clearing and liquidity is limited by demand on the Otis platform. You can learn more about how trading works here.
Buyout - Occasionally, we will receive buyout offers, or offers from outside buyers to purchase an item at a significant premium. In these cases, we will empower shareholders with a vote on the offer. If a majority of shareholder votes opt to sell, we will do so and every shareholder will get paid out accordingly (i.e. you will be compensated at the relevant price per share for each share you own).
Please note that it may take a few months before you can access liquidity via the trading platform after investing in a Drop. This is because there is a two-step process for each of our assets.
If you have any questions about how Otis works or your Otis account, please don't hesitate to give our support team a shout on the app or via email at [email protected].