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. 


Never miss important NFT drops: Take a peek at our NFT Calendar!

Get the latest on trending NFTs, view upcoming NFT drops, NFT news at NFTEchoNews.com


The investment/financial opinions and content expressed by NFTechonews.com are not recommendations. The content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Please make sure to do your own research and investigation of NFT projects prior to making any kind of investment.

Nothing contained on our website constitutes a solicitation, recommendation, endorsement, or offer by NFT Echo News or any third party service provider to buy or sell any securities or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction.

- Advertisement -Newspaper WordPress Theme

Latest news

OpenSea Acquires GEM.xyz, NFT Aggregator For Skilled Traders

OpenSea formally announced its decision to acquire NFT marketplace aggregator GEM.xyz. The powerful NFT aggregator was acquired for an undisclosed price. Devin Finzer, OpenSea...

Ink Master Jesse Smith Enters NFT Space

Jesse Smith, a tattoo artist from the hit television show, Ink Master, is stepping into the metaverse with his new NFT project. Smith's NFT...

Bored Ape Yacht Club Instagram Hacked, Millions Worth Of NFTs Stolen

Bored Ape Yacht Club’s (BAYC) official Instagram profile was hacked on April 25th, 2022. The hackers promoted a fraudulent phishing link to scam millions...

Deadfellaz Customized Snowboards And Skis Via Gilson Collab

Deadfellaz NFT has partnered with Gilson to create snowboards and skis customized to a holder's NFT. Holders of Deadfellaz, Deadfrenz, S1 Infected, and Betty...

Mastercard: Files 15 NFT & Metaverse Trademark Applications

Mastercard has filed 15 NFT (nonfungible token) and metaverse trademark applications with the United States Patent and Trademark Office (USPTO). The trademark filings include plans...

World Of Women Starmap: Past, Current & Future WoW Endeavors

World of Women (WoW) released their star map, a play-off of the classic NFT "Roadmap" concept but created, but in the image of a...

FROM SHOP

error: Content is protected !!