The Good Tech Companies - ArkeFi And The Barker Price Announce Strategic Collaboration For Fractional Ownership Protection

Episode Date: August 20, 2024

This story was originally published on HackerNoon at: https://hackernoon.com/arkefi-and-the-barker-price-announce-strategic-collaboration-for-fractional-ownership-protection. ... ArkeFi’s unique platform allows the sale of tokenized nBAs to fractional owners at 50% of their Fair Market Value (FMV). Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #arkefi, #btcwire, #press-release, #arkefi-announcement, #crypto-exchange, #rwa, #good-company, and more. This story was written by: @btcwire. Learn more about this writer by checking @btcwire's about page, and for more stories, please visit hackernoon.com. ArkeFi Announces Development of Fractional Ownership Protection (FOP) in Strategic Collaboration with The Barker Price. ArkeFi’s unique platform allows the sale of tokenized nBAs to fractional owners at 50% of their Fair Market Value (FMV) FOP provides enhanced protection and accuracy in asset valuation.

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Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. ARK-Fi and the Barker Price announced strategic collaboration for fractional ownership protection by BTC Wire. Zurich, Switzerland, 20 August 2024, ARK-Fi announces development of fractional ownership protection, FOP, in strategic collaboration with the Barker Price. ARK-Fi, the premier platform that tokenizes non-bankable assets, NBs, such as art, cars, and collectibles, is excited to announce a strategic collaboration with the Barker Price to develop the groundbreaking fractional ownership protection, FOP. This innovation will redefine security and accessibility for fractional investors in
Starting point is 00:00:43 high-value assets. ARKFI's unique platform allows the sale of tokenized NB accessibility for fractional investors in high-value assets. Archifee's unique platform allows the sale of tokenized NV as to fractional owners at 50% of their fair market value, FMV. An essential feature of the platform is its smart contracts, which include an embedded option for sellers to repurchase their assets at a predetermined price, typically 55% of the FMV, within a certain time frame. If this buyback option is not exercised, the fractional owners assume full ownership of the asset, which can then be sold on the secondary market, resulting in significant upside potential. The fractional ownership protection, FOP, being developed with the Barker price will secure fractional owners' initial investments by covering 50% of the FMV and mitigating associated financial risks. By leveraging advanced AI, data analytics,
Starting point is 00:01:31 and precise valuation techniques, FOP provides enhanced protection and accuracy in asset valuation. Greater than. We are thrilled to unveil the fractional ownership protection, FOP, in greater than collaboration with the Barker price, said Patrick Schweiger, co-founder of Greater Than ARKFI. Greater than. We have closely observed how the Barker price has developed a sophisticated, greater than patented AI valuation engine, complete with warranties for lenders of greater than alternative assets. Integrating this cutting edge technology into ARKFI greater than enables us to create a product never before seen in the crypto space. With greater than FOP, we are significantly enhancing security and accessibility for fractional greater than investors while offering unprecedented
Starting point is 00:02:14 opportunities for substantial upside greater than potential. This initiative underscores our commitment to innovation and greater than advancing the crypto space. Greater than, we are excited to partner with ARKFI on this groundbreaking FOP program. Greater than this initiative further enhances our commitment to providing innovative and greater than secure financial solutions, said Thomas Galbraith, CEO of the Barker Price. About ARKFI. ARKFI is pioneering the world's first peer-to-peer fractional option financing platform for non-bankable assets, NBAs, supported by art collectors and owners of works by Pablo Picasso, Henri Matisse, Van Gogh, Zhao Wouki, and Banksy. They are working with other NBAs such as Cars,
Starting point is 00:02:59 Ferrari 250 GT, McLaren Speedtail, Bugatti Chiron, Porsche 918, and more, and aim to expand to other NBA fields. The platform is now positioned as the real-world asset engine for consumer goods, facilitated by AI Compute, to make these high-value assets more accessible and liquid. With support of the $ARCFI utility token set to launch at the start of September 2024. You can visit the ARKFI website here. About the Barker price. Barker delivers mark-to-market valuations for alternative assets, backed BYA-rated insurers, ensuring reliability and peace of mind. Valuations come with warranties that assure the accuracy of the prices.
Starting point is 00:03:41 You can visit the Barker Price website here. Media contact. Ark Phi. Bankol Fatimilui. BF at ArkFE.com The Barker Price. Paulina Amato. Paulina at TheBarkerPrice.com. Tip This story was distributed as a release by BTC Wire under HackerNoon's business blogging program. Learn more about the program here. Thank you for listening to this Hackernoon story, read by Artificial Intelligence. Visit hackernoon.com to read, write, learn and publish.

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