Introducing ShoeVault
Trading and selling sneakers on the internet have traditionally been problematic.
Fear of fakes running amok coupled with the uncertainty in shipping and random surprises from the tax man are few of the problems that the sneakers community face.
Let’s be frank, it’s quite ridiculous that with the current advancement in technology nowadays we still can’t calculate the actual cost when we buy a product that comes from the other side of the planet. The irony of our love for sneakers results in us not wearing them which in return creates another issue: Space and insurance.
Introducing ShoeVault
At ShoeVault we aim to change that by using two powerful tools.
NFT’s and community driven projects.
Let’s start by clarifying ShoeVault is not a pfp project. Our tokens are randomized and have rarity traits, however, that is not the sales pitch.
The sales pitch is that we will tokenize shoes so they can be traded easily. Whenever there is an owner that decides to take delivery, he or she will only have to burn the token and pay for the shipment.
For as long as the tokens are in circulation, the shoes will remain locked at a secure and fully insured location.
How are we going to achieve this?
Phase 1, Launch the community by releasing 10,000 $Shoe tokens
Each $Shoe token gives you access to the community and 1 vote in the DAO
With the community funds, we will buy real shoes and we will store them in the Vault*
*Not really a Vault per se, but 100% insured and therefore safe.
Phase 2, Start to tokenize the items we have collected.
All shoes will be tokenized by pairs (right and left shoe). We will get high resolution pictures and footage, so we can see “digitally” the exact state of each pair of shoes.
Phase 3, All original minters from phase 1 will be able to claim* $Laces
$Laces are a utility token for the shoe community.
$Laces have no direct value, 5 $Laces = 5 $Laces
*More details and tokenomics to be announced soon.
Phase 4, Allow collectors from outside the community to pay a fee, so we store and tokenize their shoes. Said fee will be paid in $Laces and will go to the community funds.
At this stage we will distribute 500 spots in the Vault to the community*
That means that whoever gets 1 spot in the Vault will be able to burn it in exchange of the tokenization and storage of their own shoes. They will, of course, be the owners of that token representing the real pair of shoes inside the Vault.
More details to be announced soon.
Let’s bring modern technology to the sneaker world together!
ShoeVault NFT (@ShoeVaultNFT) / Twitter . https://discord.gg/Ym3aENnKcd
-Didac
