Otis is an alternative investment platform that makes it possible for almost anyone to invest in shares of contemporary art, rare comics, sneaker grails, sports memorabilia, and more.
Here’s how it works:
Each drop on the platform has been securitized with the SEC and broken into shares. New drops are added to the app weekly. You can also buy shares of past drops from other Otis members.
Manage your Collection
View your portfolio of cultural assets and stay informed on the latest news and pricing information any time from within the app.
Sell your shares to other Otis members on our trading platform or receive pro-rata returns if we sell one of the underlying assets you invested in.
Investments in alternative assets are illiquid and loss of invested capital is possible. Please review risk factors on our website: https://withotis.com/.
All securities-related activity is conducted by Dalmore Group, LLC ("Dalmore"), a registered broker-dealer and member FINRA and SIPC, located at 525 Green Place, Woodmere, NY 11598.
This week we added a search bar in the Discover tab to make it easier to browse offerings, as well as bug fixes and performance improvements.
Ratings and ReviewsSee All
Provide more info
Love that the first piece has robust info accessible from the app. Just putting “coming soon” on everything else - with no additional info when you put it into the app - falls short for me
Intriguing but shady
As an art collector I was advertised this app. Intrigued to see if it was an auction site I downloaded and learned that is an entirely different beast. As much as I am intrigued by how this site would function... there is simply not enough information disclosed for me to spend money on it. They are implying that these investments as just that.. investments ... and as such they could eventually pay out, but there is not enough information (if any) disclosed to share with “investors” how and when they would pay out (if ever), at what rate, and whether or not investors had any say in the process. Likely whoever has the majority of shares (who bought the most) is the actual owner and can do what they please with the asset purchased to the detriment of other smaller investors. In theory creating a more approachable mutual fund focused on art commodities would make sense and be potentially lucrative but the devil is in the details and seemingly very little are disclosed. Be weary.
A new, intriguing model
Owning a portion of protected art assets is something that took my head a few turns to get around. Now this is the only model that I realize makes sense to grow communities and financial ops for artists long term. My art is far from being on here, but the biggest downside of your art’s demand growing is that your community and early / young fans can’t really benefit from that growth unless they own part or all of pieces... which by definition gets harder and harder. Don’t know if this is the app that cracks this, but it feels like the future.
With Family Sharing set up, up to six family members can use this app.