The sneaker world was recently rocked by the sentencing of Michael Malekzadeh, the owner of Zadeh Kicks, to 70 months in prison for a fraud scheme totaling over $80 million.
Physical consignment stores dominated sneaker resale for years. Walk in, drop off your Jordans, let the shop handle authentication and sales, collect your payout. Simple. Trusted. Until recently.
Each bundle includes a carefully curated set of iconic sneakers with incredible value! Start your sneaker collection easily with multiple sizes available. Check out the details of each bundle below!
This article aims to clarify the concept of a RWA (Real-World Asset), addressing common questions about the tokenized sneakers (NFTs) on the METAZ marketplace, the tokenization process, and how these things bridge the digital and physical worlds of sneaker collecting.
The sneaker world was recently rocked by the sentencing of Michael Malekzadeh, the owner of Zadeh Kicks, to 70 months in prison for a fraud scheme totaling over $80 million.
Trading sneakers on traditional resale platforms can often feel like a "goldmine for enthusiasts and resellers". You see a market price of $300, you buy a pair for $220, and on paper, you have made a clean $80 profit.But when the payout finally hits your account, that number looks very different.
For years, the strategy was simple. Camp out (physically or digitally), secure a general release, and flip it for double the price by the next morning.
For the modern investor, holding physical assets presents a logistical nightmare. You shouldn't need to manage a warehouse to build a professional portfolio. That is why we built the METAZ Vault.
As the traditional resale model matures and margins shrink, investors and resellers are searching for new edges that aren’t dependent on hype or timing. Global arbitrage has always been one of the strongest sources of pricing advantage, but only for those with global logistics capabilities.
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