Otis is a platform that allows almost anyone to invest in cultural assets—from contemporary art to rare collectibles, sneaker grails, and more. This process starts with our collector community.
As of 9/2021, we have over 125 assets totaling $10M+ with over 100K members. We continuously look for the best assets and we can do so because of our community.
Our Minimum Criteria
Because Otis is a vetted marketplace, our minimum criteria to meet in order for an asset to be considered are:
Asset Value: $10,000+
Retained Equity: 10%+
Authenticated and/or Graded
Category: Any "cultural" category including:
Sports (Trading Cards, Sports Memorabilia, etc)
NFTs
Contemporary Art
Video Games
TCG (Pokemon)
Comic Books
Sneakers
Technology
Fashion & Luxury
Toys
Other
Our Benefits
Collectors enjoy working with Otis because of the optionality that we can provide:
No Fees - We do not charge any listing fees. Compared to auction houses who charge a buyer's premium of 20% and seller fees of 10%. You can view our calculator here.
Retained Equity - Our collectors can keep a % of the asset to hold for the long-term while receiving near-term liquidity from the proceeds of the Drop (IPO).
Liquidity - Our platform supports multiple options for liquidity
Drops - Cash upon drop closing
Secondary - We have a trading platform that allows our investors to buy and sell shares.
Buyout - We allow full buyouts of any of the assets on the platform.
How Listing Works
Agree on Valuation & Retained Equity
Ship item to Otis (where all items are vaulted, stored, and insured)
Asset drops (IPOs) on the Otis Platform
Asset goes into secondary trading (30-45 days after the drop closes)
If you have any questions, you can email us or text our team directly at (917) 338-0305.
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].