It sure has happened to you. You buy some gorgeous Nike shoes, and you spend a lot of money in the operation. The next day, you release them and… you dirty them. Shortly after, you continue to use it, and they get more stained, the first cracks appear in the rubber and they even end up catching foot odor. The solution to all this is not to be more careful. Nor use insoles of those that absorb sweat. The trick is to get a couple of sneakers intangibles. Sounds like bullshit to you? Well many people on Twitter are spending hundreds of euros on these products.
Nike’s most legendary sneakers make the leap to NFTs
You can buy Nike, Adidas or any other brand simply to admire their quality and design. But it will end up filling with dust, even if you have them in a museum. Also, plastics will turn yellow over time. Even changes in temperature can affect materials, which will degrade over time. Can we do something to prevent the passage of time? No, but you can get some non-fungible sneaker tokens and admire them forever in an undefined space-time in which always They will look exactly the same as the first day.
This is the idea that has occurred to him to StockX, the Monline reselling market sneakers most famous in the world. It was founded in 2015, and it is a marketplace where buyers and sellers of shoes can agree to exchange their products, having the guarantee that the footwear has been rreviewed and verified by a group of experts in the matter.
Times change, and sometimes it is almost impossible to access a pair of sneakers that were limited edition. The current team that runs StockX has thought that their business can work complementing with NFTs. In this way, two types of products are now auctioned on the official StockX website: normal slipperslifelong, and also NFT productswhich are 3D recreations of some of the sneakers most famous and unique that have been manufactured so far.
Jordan 1 Retro High OG Patent Bred (Vault NFT)
Editions of 250
Size 10Secure now: https://t.co/ejldYnwuM1#StockXVault pic.twitter.com/CEuJWbFYPD
— StockX (@stockx) January 26, 2022
Unique products for a few wealthy lucky ones
The prices of these NFTs they are really crazy. Users are bidding wildly to get hold of these collections, which in most cases are from a single unit. Most of the tokens are around a thousand eurosbut there are editions that have not yet been completed that have at the moment bids of 25,000 and even 50,000 euros. All these products are considered «Vault NFT»and are stored in el Virtual Portfolio of StockX of each user of the platform.
Also, each product has an associated price historyas well as additional information about the number of sales, the volatility of the product and the range in which the sales have taken place.
Possibly, you have been left with checkered eyes. The NFT market always moves with these absurd numbers. Would you be willing to spend tens of thousands of euros on a render of sneakers? Well, as absurd as it may seem, everything points to the fact that there are people who do consider this a good purchase. Let’s hope the buyers are people with a lot purchasing power. It is not going to be that, in a few months, we will have a horde of repentant users who asked for loans to buy this type of product.
