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The Virtual Cryptoworld Takeover – Behind the $10,000 NFT Sneakers 

By December 17, 2021March 23rd, 2022NFTs

The Truth Behinf NFT Sneakers - AIO BotIt’s virtually impossible to go on any social media platform these days without coming across NFT sneakers. They’re the biggest, baddest virtual trend that’s taking the entire world by storm – virtual or real. And so, it only seems fitting that WE introduce you to the world of non-fungible tokens or NFTs.

After the NFT artwork of digital artist, Beeple, sold for 69.3 MILLION dollars, it’s time we have a talk. You see, as sneakerheads, we’ve got an unspoken motto. Where the money goes, the sneakerheads follow. Anything that makes us BIG bucks with little efforts – like sneaker botting – we gotta have a part in! But, what are NFT and, most importantly, what are NFT sneakers? Let’s find out!

INTRO TO NFT SNEAKERS 

PART I: WHAT ARE NFTs?

NFT_Sneakers - POKEMON - AIO BotWe’re gonna make this nice and simple for you. We’re gonna explain NFTs and NFT sneakers in the most straightforward way possible. Cutting out the digital BS and getting straight to the point.

So, NFTs stand for non-fungible tokens are bits and pieces of digital content directly linked to the blockchain. This is the digital database of cryptocurrencies like bitcoin and Ethereum. But, the difference is that you can replace all these cryptocurrencies for something with the same value like dollar bills. That’s why we call them fungible tokens! 

On the other hand, non-fungible tokens, as in NFTs, are unique and not interchangeable. As in, no two NFTs are the same, and you can not replace them for something of the same value. Some people compare them to Pokémon cards or 1-of-1 sneakers – anything super rare and authentic. You can use NFTs to buy and sell stuff like digital artwork, Tweets, game skins, and more.

NFT Sneakers - CRYPTOKITTIES - AIO Bot

Some examples of NFTs include:
– Jack Dorsey’s first tweet that sold for $2.9 MILLION
– A video clip of a LeBron James slam dunk sold for over $200,000
– A decade-old “Nyan Cat” GIF went for $600,000!

But, NFTs and NFT sneakers aren’t exactly the most recent groundbreaking thing in the world. You see, they aren’t technically new. NFTs started with CryptoKitties – a digital game on the cryptocurrency platform, Ethereum. The game allowed players to buy and sell virtual cats stored on the blockchain. But, cats aren’t sneakers. So what’s the deal?

PART II: HOW TO BUY & SELL NFTs

NFT_Sneakers - GLOBE - AIO BotSo, to buy and sell NFTs and NFT sneakers, there are a few things you gotta consider. You’ll need to find the proper marketplace to buy from, the type of digital wallet you need, and cryptocurrency type. You can check out:
OpenSea
Mintable
Nifty Gateway
– And, Rarible

Companies such as CryptoKickers and Metaplex have already started opening chances for sneakerheads. Soon you’ll be able to create, customize, and sell your own NFT sneakers on CryptoKickers. You’ll use the blockchain Solana to create the sneakers and do whatever you want with them. You won’t even have to do much more effort than just designing the sneaker of your dream. Maybe even make $10,000

PART III: NFT SNEAKERS

NFT_Sneakers - AIO BotSo, here’s the thing. Whenever something gains gigantic traction and popularity, you can bet your ass that the sneaker industry will take part. And now that the Metaverse is an actual thing in motion, it’s something we can’t avoid. NFT sneakers, an NFT hoodie, and maybe even some NFT sweatpants to create the perfect virtual ensemble. We’re not even kidding, fam! This is it. THE FUTURE!

NFT sneakers have become the reality of our virtual being and they represent the epitome of sneaker culture. Just imagine this: you buy a one-of-a-kind sneaker and have the ability to resell it for THOUSANDS of dollars? Does that not sound like the sneakerhead American dream? Soon enough, if you don’t exist in the Metaverse it’ll be like you don’t really exist. And, are you really gonna let your avatar wear base-game sneakers?!

Back in 2020, Benoit Pagotto, Chris Le, and Steven Vasilev founded RTFKT – a digital sneaker brand. It is currently one of the most prominent sellers of NFT sneakers! So much so that they recently dropped sneakers with Fewocious that featured three pairs of sneakers retailing at $3,000, $5,000, and $10,000. In just 7 minutes, people bought $3.1 MILLION dollars worth of these NFT sneakers. So, still think this isn’t serious?

THE VIRTUAL REALITY

NFT_Sneakers - CARDS - AIO BotWe know it might seem very crazy to buy a sneaker you can never wear. But, let’s be honest. How often do you break out a one-of-one sneaker anyways? Other than the flex and potential resale, what else are you gonna cop some heat for? In the case of NFT sneakers, you’ll still flex the drip while saving up some storage. Well, real-life storage. 

We’re just giving you the chance to catch the wind of a trend while it’s still at the beginning. Because, mark our words, soon enough things will start snowballing. And then, you won’t be able to join the ranks! NFTs are exciting, big, and scary. It’s definitely a venture worth trying. But, if it all seems like too much to you, you should probably stick to sneaker botting!

The potential of NFTs and NFT sneakers hasn’t yet dawned on everyone. But, that just means the field’s open for us to play in! The reality is, this is the future for all industries – including ours. If you don’t believe us, then get this. Nike recently acquired RTFKT to add to its Metaverse. And now, their sneakers are trading at a premium. In other words, Nike has made a move. Checkmate.