Connect with us
Active Currencies 14025
Market Cap $2,523,826,428,511.96
Bitcoin Share 50.75%
24h Market Cap Change $1.29

NBA star Kyle Kuzma partners with Space Runners to launch His NFT shoe brand

3min Read

Share this article

One of the biggest stars in the NBA right now, Kyle Kuzma has reached a partnership agreement with Space Runners. The deal will see Space Runners using Kyle Kuzma’s name on their branded digital sneakers.

Space Runners is a unique digital sneaker brand in the NFT space, focusing on handcrafted NFT footwear for collectors. It is a unique take on the NFT space, where all NFTs are secure on the Solana Blockchain. Space Runners gives sneakers designed in collaboration with celebrities and businesses, eternal relevance on the blockchain.

The Future of Footwear: Metashoes

By combining NFTs with footwear, Space Runners intends to become the future of footwear. They partner with brands and celebrities to ease their entrance to the NFT space, simply by offering them “NFT as a Service“. . Companies that have successfully done this include Dolce & Gabbana, Burberry, and Louis Vuitton. Through Space Runners, major companies will be allowed to host huge NFT collections, where each item will be a unique piece of art created in collaboration with artists and celebrities.

Currently, investors have contributed around $30 million. When major brands like Adidas join the space, they are likely to change the space forever. They will be able to release unique Space Runners collections that are immortalized on the blockchain.

However, Nike recently filed for 7 ‘virtual goods’ trademarks for branding in NFTs. In comparison to Nike, Space Runners are much further ahead in terms of designs, features, community, and partnerships!

Space Runners has already wrapped up a deal with NBA star Kyle Kuzma, with more player collaborations to be announced very soon. Alongside Space Runners, celebrities will be able to design an agreed number of NFTs, which will be placed in their collection.

Details of the Ecosystem

Space Runners is built on the Solana Blockchain, where there is a supply of 10,000 NFTs, with a mint price of 5 Solana.

To keep buyers incentivized, the project will feature a Loyalty Reward program; buyers who purchase during the pre-sale will receive a 1% commission on their NFT when it is traded on a secondary market.

Future Projects

The deal with NBA star Kyle Zuma is only the beginning. Space Runners has a plan to work with artists and fashion designers, celebrities, and fashion houses. The role of celebrities is crucial to the development of this space, as they will help to establish digital fashion that is accepted by the masses.

For users, Space Runners will provide a marketplace where they can trade NFTs. To achieve this goal, they will collaborate with NFT platforms and other online platforms to create virtual characters for users.

Another major development that is in the works includes an augmented reality interface. It is being developed to allow people to wear their NFT in the VR space. To access this platform, users will need to scan a QR code using their smartphone. They can then use their camera to shoot photos and create videos that they share online with their friends.

The long-term plan is to work with major platforms like Instagram and Snapchat. Through these platforms, users can share their NFTs as filters with other people on social media. By doing so, it could get them trending, increasing demand and raising their value. 

The ultimate mission is to build the #WearToEarn ecosystem. To achieve this, Space Runners will be launching a $RUN token in the upcoming months which will unlock the decentralized finance (DeFi) tools as well as helping the brand to become a decentralized autonomous organization (DAO).

Summary

The NFT space is still young, and a lot of its potential is still unutilized. Companies like Space Runners making bold moves are what will define and grow the space. Collaborating with famous NBA stars is just the start for Space Runners.

In the future, these collaborations will involve many other celebrities and stars from various fields. It will help the NFT space grow while proving quite profitable for early adopters. The community built around Space Runners will undoubtedly play a huge role in helping to shape the future of NFTs and digital art.

Disclaimer: This is a paid post and should not be considered news/advice

Share

With Masters in Mass communication and journalism, Anjali's interests lie in blockchain technology adoption across emerging economies.
Read the best crypto stories of the day in less than 5 minutes
Subscribe to get it daily in your inbox.
Please check the format of your first name and/or email address.

Thank you for subscribing to Unhashed.