Initially, the founders had earlier experimented with some NFT sneakers design on Ethereum blockchain, however, the low transaction fees coupled with the speed of minting new tokens drew them to the Solana blockchain.
NFT platform Sole Selector has given users the privilege to design and mint their own sneaker NFTs on the Solana blockchain. Lovers of sneakers and enthusiasts of the burgeoning non-fungible token (NFT) sectoralike may soon find themselves with a new obsession in CryptoKickers’ which is a newly invented Sole Selector project.
Artists can build their own digital shoes, picking from a pool of manifold options ranging from various styles for laces, soles and accessories, and then customize the colors and patterns. To mint the NFT kicks, users would be spending between $50 and $150 per pair, this cost depends on the level of design and the value of Solana’s native token, SOL.
According to available data, over 300 pairs of shoes have been minted which cost 590 SOL, approximately $19,930. This number shows the growth of NFTs outside of the usual Ethereum blockchain on which the tokens made their names.
In recent times, the craze for NFTs have substantially cooled off, but still, the industry has witnessed tremendous growth. Within the first half of this year alone, we reported that the space had recorded over $2 billion worth of sales. At the same time, we have witnessed the growing adoption and interest of institutional investors in the space. Notably, these investors are creating new projects that deal with online avatars and online collectibles on blockchain.
Per Thomas Dimson, the co-founder of CryptoKickers, there is evidently still enough space for new projects in the metaverse space. “We thought we were kind of late in this space, but we’re actually pretty early because everything is broken, especially in the metaverse space,” he stated.
Dimson also highlighted the fact that the goal of the project is to become wearable. “We would love for everything to be wearable. That’s our vision, that’s our goal. If you think of Fortnite, it shows there’s a clear market for digital wearables,” he added.
It is important to note that CryptoKickers’ NFT sneakers aren’t yet avatar-wearable. This is largely due to the fact that many metaverse projects are facing different levels of technological issues. However, the CryptoKickers team sees this as an opportunity to shape the field.
Initially, the founders had earlier experimented with some NFT sneakers design on Ethereum blockchain, however, the low transaction fees coupled with the speed of minting new tokens drew them to the Solana blockchain.
“We’re onboarding hundreds of people to mint their first NFTs with this, and to us that’s something we’re really excited about,” another co-founder Joey Flynn said.
next