CryptoKickers Links Digital Sneakers To NFT

CryptoKickers is a new NFT platform where sneakerheads can create, customize then sell digital sneakers as NFTs. NFT is officially entering the $79 Billion global sneaker shoe industry according to 2020 reports.

CryptoKickers designed the customer journey to appeal to even non-crypto and NFT consumers. Any user can design a digital sneaker and then mint the NFTs so that it can be monetized by selling or trading it with other sneakers.

CryptoKickers announced that users can HODL, AirDrop, or resell the sneakers within the NFT platform. Users can also sell their designs and use the proceeds to purchase other digital sneakers NFTs that are listed in the market. Since the user is the creator of the design, they would technically own the commercial rights to it. 

CryptoKickers NFT Platform And DigitalSneakers

One issue faced by collectors is that the market has teamed up with counterfeits and replicas. In fact, there have been reports that collectors specifically buying fake items since it’s becoming increasingly difficult to obtain the real ones. 

CryptoKickers NFT platform is a perfect match to an industry with a strong appetite to collect. Introducing NFTs also solves authenticity issues.  

Companies and brands are already cashing into the digital sneakers NFTs. RTFKT Studios sold one digital shoe collection for $3.1 million in under 7 minutes. The going rate for digital sneakers for editions 300 and up is $1500 and continuously rising. 

It is worth noting that back in 2019, Nike acquired the patent for an almost similar name, “CryptoKicks.” 

NFT Projects Future

Despite speculations that the NFT bubble has burst, NFT projects are still on the rise. NFTs garnered media attention because of high-profile 1/1 sales. However, the trend now is shifting to NFT-based projects which cater to the mass market. This seems to be the more sustainable approach. NFT platforms are focusing on acquiring a huge userbase and with a steady stream of NFT purchases instead of one-time big-time sales. 

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