Stockx NFT
Created | |
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Added by | Samuel Polgar |
Tags | Blockchain/NFTCircular Economy |
Link | https://stockx.com/lp/nfts/ |
Description | physical products in climate controlled warehouses on-chain |
Value Drivers | decrease reselling costsdecrease reselling timedecrease storage costsincrease buyer confidence with authenticated wine |
Pain | 1) buying fake shoes 2) buying shoes, storing them in a closet 2) buying shoes, getting mould on them 3) sending shoes in to be resold, getting them authenticated again 3) time spent needed to authenticate a resale |
Outcome | 1) authenticated shoes 2) storage in purpose built facilities 3) stockx takes care of all reselling requirements |
Required capability | 1) authentication service 2) storage feature 3) reselling feature |
Year tech started | 2022 |
Tech opportunity | 1) back-end platform for existing marketplaces to trade their assets as blockchain goods |
put on front page | yes |