- Shoefy will launch digital sneakers NFTs in partnership with Coins Capital.
- Each pair of digital shoes has unique attributes that make it unique.
- ShoeFy’s long-term vision is to bring their digital collectible footwear to the Metaverse.
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ShoeFy launches a line of digital sneakers such as NFTs.
ShoeFy announces NFT partnership with Coins Capital
ShoeFy, a futuristic NFT venture with an innovative platform that combines non-fungible (NFT) and fungal (FT) tokens with cutting-edge DeFi tools to maximize returns, has announced a strategic partnership with Coins Capital.
ShoeFy can amplify the potential of NFTs by leveraging both farming and stocking to generate passive income. ShoeFy will have two tokens: SHOE (ERC-20), the original Fungible Token, and sNFTs (ERC-721) that are randomly generated on the chain. Each NFT is a unique digital pair of shoes that is algorithmically programmed on the platform. Shoebeasts (shoe collectors) can showcase their new digital sneakers on Snapchat and other apps. ShoeFy provides special shoe racks for digital kicks, and when users (The Shoebeasts) share them to the platform, they can earn passive income in the form of SHOE tokens.
The project is led by a team of experienced venture capitalists, creative NFT developers, and top-tier marketing experts from Europe, Canada, South Korea and Thailand. Michele Horvath, Chief Marketing Officer of Shoefy, said of the partnership:
“By setting up Coins Capital as our strategic investor, ShoeFy will benefit from the global marketing strategies that the Coins Capital team can use. Moreover, thanks to Coins Capital’s 15+ years of marketing experience and over 600 connections to blockchain resources, ShoeFy will be able to expand its networks and increase its exposure in the market.”
Discussing the ShoeFy model, Virginia Lam, co-founder of Coins Capital, said:
“With sales of NFT rising to $2.5 billion in the first half of 2021, what the market needs now are NFT assets within well-designed ecosystems that deliver real value, rather than one-off wonders. ShoeFy is the innovative blend of NFT, gaming and digital fashion we believe It has huge potential for multi-dimensional market expansion and sustainable growth. We are excited to be collaborating with the ShoeFy team and can’t wait to see the first 3,000 Genesis shoes released.”
ShoeFy’s long-term vision to innovate and evolve over time will begin to take advantage of the various gaming and collectible ecosystems and establish themselves in the metaverse, with unique digital kicks. This will lead to expansion into various other merchandise through partnerships with reputable fashion brands.
Early backers can expect to start releasing NFTs on the platform as ShoeFy is ready to drop the most exciting set of digital kicks on the market.
ShoeFy is an innovative decentralized platform that combines non-fungible (NFT) and fungable (FT) tokens. It is a futuristic NFT project that uses advanced DeFi tools to increase returns. ShoeFy can amplify the potential of NFTs by offering both farming and inventory to generate passive income.
Coins Group is a private fund that has been providing global capital and marketing resources to blockchain projects since 2017. The company’s capital arm, Coins Capital, has invested in more than 30 projects in early rounds, while Coins Marketing focuses on providing exclusive advisory and incubation support projects in the investment portfolio. for the company.
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