Sneakmart Disrupts The Sneaker Industry Through Its Metakicks NFT Mystery Box...
Non-fungible tokens continue to disrupt traditional industries to unlock new benefits and reach broader audiences. For example, Sneakmart, through Metakicks, aims to disrupt the world of collectible and limited-edition sneakers. Its NFT mystery sneakers boxes will give users access to virtual footwear, with a chance to win a physical pair to boot. Digitizing The Streetwear […]
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Finding mainstream use cases for non-fungible tokens is the next objective to take NFTs to the masses. French startup Sneakmart, with its dedication to streetwear, is tapping into the sneaker collector market. The company will bring limited-edition sneaker NFTs to collectors worldwide through mystery sneaker boxes. Sneakmart Modernizes Sneaker Collecting One of the biggest trends in recent years is the acquisition of limited-edition sneakers and reselling them for a higher value. It is a lucrative business that can yield returns of up to 10x the initial purchase price. Sneakerheads love....
Both sneakers and NFTs have turned into multi-billion dollar industries in recent years. The sneaker resale market was valued at $6 billion in 2019, although it is much larger today and closer to the valuation of NFTs. That overlap creates new opportunities for players like Sneakmart and their Metakicks collection. Overlap Between Sneakers And NFTs […]
Various Metaverse and NFT initiatives aim to blur the line between the virtual and physical worlds. Sneakmart and its Metakicks NFT drops offer something virtual for sneaker collectors, with a chance to win physical items. The team works together with StockX and top-rated football stars and artists to tokenize limited-edition footwear. Metakicks Are Coming This June The Sneakmart team has built a strong reputation through its community-driven mobile app for streetwear enthusiasts. Moreover, they see merit n the NFT phenomenon and how it can prove beneficial to the $6 billion sneakers....
Two influential giants in the world of entertainment and fashion, Puma and Roc Nation, have joined forces to create an extraordinary sneaker collection that celebrates the cultural impact of hip-hop and embraces the cutting-edge technology of non-fungible tokens (NFTs). Related Reading: XRP Ruling Sparks Senator Lummis’ Call For Transparent Crypto Regulations The RS-XL Mixtape sneaker […]
With the US dollar facing headwinds, notably the coronavirus pandemic and an upcoming presidential election that could be among the most contentious in recent memory, gold has taken over as the preferred store of value for many investors. The price of the yellow metal has soared by more than 30% this year and recently surpassed an all-time high of $2,000 an ounce, as investors once again responded to market volatility by turning to the most trusted and longest-serving safe haven asset. Accessibility, however, continues to be a problem for gold as an asset class. Adding gold to a portfolio....