Why we released “Cyber Kicks”, the world’s first select store for NFT sneakers
In this article, I will write about the reason why I released Cyber Kicks, the world’s first select store for NFT sneakers.
We can trade “value” online.
First of all, let me explain you what is NFT (Non-Fungible Token), because It is an important point for our business.
NFT is a unit of data stored on a digital ledger, called a blockchain, that certifies a digital asset to be unique and therefore not interchangeable.
It is mean, online data used to be able to be duplicated, making it difficult to tell which was the real thing (the original), but by using this NFT blockchain technology, it is now possible to prove that “this is the real data.
Recently, this technology is being used especially in the field of digital art, but it will be applied to a variety of industries in near future.
The term “Web 2.0” refers to an internet that allows communication between both parties, not just sites that show information one way.
With the advent of the NFT, some people are calling the world where there is ownership of data on the Internet “Web 3.0”.
The value trading sneakers has an affinity with NFT.
So why do we focus on sneakers in the NFT?
There is a reason for this: we believe that the trade of premium quality in sneakers has a high affinity with NFT.
Today, sneakers are more than just something to be worn and used, we also treat sneakers as a collective items that have strong brand value and rarity.
In the U.S., a website called StockX has already become famous, where the market value of sneakers can be checked in a stock-like manner, and they can be bought and sold at a premium price on the platform.
In this case, the sneakers are not usually used because they lose their value when used.
We thought that NFT could be a viable alternative for trading in the premium quality of these sneakers.
Of course, people may be confused at first about sneakers that can only be seen online in the NFT, but this is an issue that will be addressed in the future by the NFT and Web 3.0 as a whole.
On the other hand, NFT has the advantage of security based on blockchain technology and smoother transactions.
The Future of the NFT Sneaker Industry
There are only about two or three brands in the world that sell NFT sneakers.
Some of them, such as RTKFT, are already selling for millions of dollars NFT sneakers, but the number of brands is still limited.
We are currently working on not only the launch of Cyberkicks, an NFT sneaker boutique, but also the management of NFT sneaker media and the launch of NFT sneaker brands. We are also working on the launch of the NFT sneaker brand.
In recent years, we have heard many stories about people who have made a lot of money by buying and selling sneakers as assets, and people who enjoy buying sneakers with a sense of premium.
We imagine such cultures will be made in also NFT sneaker industry.
Cyber Kicks, the world’s first select store for NFT sneakers
https://cyberkicks.shop/
NFT Sneaker Media
https://www.instagram.com/nftsneakernews/
NFT sneaker brand “Varbarian Sneaker”
Coming soon
