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You Can Now Collect Digital Shoes And Trade Them For One-Of-A-Kind NFT Sneakers
By Alexa Heah, 06 Apr 2021
Image via Aglet
Aglet, a unique startup combining gaming, shopping, and sneakers, has announced that it is using non-fungible tokens (NFTs) to create one-of-a-kind virtual sneaker collectibles. To date, the firm has raised a whopping US$7 million to fund a metaverse (a universe of virtual worlds that are interconnected) targeting sneakerheads, and NFTs are one of its latest avenues resulting from this financing.
It has created a gamified reality in which consumers can collect virtual sneakers, earn in-game currency, and compete against others from around the world. Users simply walk around with the app running in the background, allowing them to earn virtual cash according to how far they’ve traveled.
Last week, Aglet released the Collections feature in its iOS App, allowing players to collect and display their virtual sneakers in-game. The company has now announced the release of its NFT collection, where players can make money by trading one-of-a-kind collectibles using blockchain and cryptocurrency.
According to VentureBeat, CEO Ryan Mullins said the firm will be “celebrating the release of our Collections feature with the announcement of an in-game contest with a reward of Aglet’s first NFTs.”
Players can participate by collecting virtual sneakers at geo-fenced locations in the real world using the in-game map. The first 50 players to complete a special collection of three in-game sneakers will receive a serialized, minted NFT for each of the sneakers collected. The first player to complete the collection will also receive an additional special sneaker NFT.
If you’re a sneakerhead who hasn’t been able to get their hands on the latest kicks in real life, why not try finding them in the virtual sneaker world?
[via VentureBeat, cover image via Aglet]
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