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What happens in the event of bankruptcy?
What happens in the event of bankruptcy?
Updated yesterday

Timeless initially acquires the Collectible for its own account. After the share purchase, each share owner owns it directly at the fractional interest he or she acquired in it. That is, the share is contractually signed over to the purchaser and Timeless is charged with the custody, maintenance, and resale of the share. Thus, the shares are no longer part of Timeless' assets and remain unaffected in the event of a possible insolvency. Details can be found in the master agreement, which can be viewed prior to purchase.

By the way, we've been around since 2018, we're a German GmbH based in Berlin, and Porsche Ventures, EQT Ventures and C3 EOS VC (the world's largest blockchain fund) are amongst our investors. Should we run out of funds - which won't happen -the units of all users who have invested with us are protected in any case, as the units are transferred to the buyer.

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