METAZ At Korea Blockchain Week 2024 and Beyond

METAZ, the leading Web3 platform for sneaker resale, made a significant impact at Korea Blockchain Week (KBW). Our presence highlighted the growing intersection of blockchain and the sneaker industry as an RWA (real-world asset) project, showcasing how we're transforming the way enthusiasts collect, trade, and invest in sneakers.

METAZ at Korea Blockchain Week

During KBW, METAZ demonstrated how crypto users can easily access sneakers through our platform.

Key highlights include:

  • Sponsored event with 1,000+ attendees, attracting retail investors and VCs
  • Showcasing how users can buy sneakers directly from METAZ or other users on our marketplace
  • Previewing future features for monetizing sneaker collections
  • Offering attendees the chance to win up to 10 physical sneakers

Our participation at KBW underscored the growing recognition of blockchain's potential in retail and consuming facing applications. By leveraging the capabilities of Web3, METAZ is addressing key pain points in traditional sneaker trading.

The METAZ Advantage: How it Works

Here's how the current iteration of METAZ works:

  1. Authentication and Custody: Users send physical sneakers to METAZ for inspection and secure storage.
  2. NFT Minting: Each authenticated pair is minted as a unique NFT.
  3. Trading: Users can buy, sell, or trade these NFTs instantly on the METAZ platform.
  4. Redemption: NFT holders can redeem their tokens for the physical sneakers at any time.

METAZ offers several benefits over traditional resale platforms:

  1. Tokenization of Physical Sneakers: Each authenticated sneaker is minted as an NFT, backed by the physical pair stored in our secure vault.
  2. Efficient Trading: NFT representation allows for quick, secure transactions without shipping physical sneakers.
  3. Global Accessibility: Our platform enables cross-border transactions, creating a truly global market.
  4. Low Fees: By cutting out intermediaries, METAZ offers trading fees as low as 3%.
  5. Secure Storage: Climate-controlled vaults protect the condition of sneakers and their boxes.
  6. Transparent Market Data: Users have access to comprehensive data on circulating supply, historical sales, and live bids/asks.

Ongoing Community Engagement

Beyond KBW, METAZ continues to engage its community through various initiatives:

  • Ticket Event: Active users can collect METAZ tickets to claim physical sneakers:
    • 120 tickets: Nike Dunk Low Grey Fog
    • 200 tickets: Jordan 1 Mid Light Smoke Grey Anthracite
    • More tiers to be announced
  • Community Channels: Stay updated through our Telegram and Discord channels.

Beyond Sneaker Resale with METAZ

METAZ is set on becoming a comprehensive ecosystem for sneaker enthusiasts and investors. Upcoming features include:

  • Portfolio Management: Tools for tracking and optimizing your sneaker collection.
  • Sneakerfi Applications: Use your tokenized sneakers to access different methods of unlocking liquidity for your sneaker collection.
  • Staking: Earn passive rewards and incentives.
  • Native Token: A fungible token to facilitate transactions, governance, and incentives within the METAZ ecosystem.

Join METAZ and Unlock Unparalleled Value for your Sneakers

METAZ is creating a platform that benefits both buyers and sellers. We're not just facilitating trades; we're building a comprehensive ecosystem that allows users to maximize the value of their sneaker collections.

As we continue to develop new features and expand our platform, we invite you to join us in reshaping the future of sneaker collecting and investment. Whether through our ticket events, exploring our marketplace, or engaging with our community channels, you'll be part of a movement that's at the forefront of the Web3 sneaker revolution.