Founded by a sneakers enthusiast and trader, Sneakers Coin presents an excellent investment opportunity into a cryptocurrency with real-life utility. With several projects lined up in its roadmap, this could be another classic case of the early bird….
Bitcoin, the mother of cryptocurrency, has been moving downhill since the dawn of 2022. The other 2.0 blockchain networks, Ethereum, Time Wonderland, Polygon Matic, etc., aren’t doing any better either. Ten of the wealthiest crypto investors tracked by Forbes have lost a combined total of $27 billion in crypto assets since November of 2021.
It’s not all gloom and doom yet for cryptocurrency. If anything, bitcoin and other layer-two networks have only been trendsetters to the vast opportunities in blockchain. Newer cryptocurrencies with more comprehensive applications are coming up. Above the wave of altcoins is Sneakers Coin.
Inception
Sneakers Coin was founded in 2021 by Steven Deneve and Basile Caumont, two entrepreneurs in the sneakers industry. Initially, they were trying to solve the problem of counterfeit sneakers by the use of blockchain technology. They figured blockchain is an immutable technology that could be used to trace a sneaker collectible from the point of manufacture through transit, sale, and resale.
Coupling the enormous fanaticism around sneakers and the mind-blowing blockchain technology, They have since teamed up with crypto enthusiasts to build Sneakers Coin, which today is rightly claiming its space as a pact leader in altcoins. Perhaps keeping the team ahead of the race is motivation chiseled by personal experience of seven years and unique encounters of drawbacks in the sneaker business.
Vision and Roadmap
Sneakers Coin has an elaborate roadmap spanning from the first quarter of 2021 to 2023. Sneakers Coin has nailed all of its set milestones. Sneakers Coin has a team of developers and advisors continually developing the platform, adding newer blocks daily. The token is developed on Binance Smart Chain Contract address: 0xe50417c6bf117327184770ea9c5f2eb98fd0ac07
One of the significant milestones met by Sneakers Coin is the development of its own crypto coin, $SNKRS. $SNKRS is already listed and ready for trade on PancakeSwap. The token is distributed amongst the Community 60%, Funding 18%, 12% going for marketing and communication campaign, and the founder and development team taking 2%. Their website provides an easy-to-follow guide on how an investor can purchase the $SNKRS token.
Gain 1000 times your investment!! Experts’ advice
Investing in newer cryptocurrencies has been likened to fifty-fifty percentages of loss and 1000 times gain. However, experts have identified key areas to look into before you invest your money into a new crypto project to increase the chances of profits.
Utility
It is advisable to invest in a project with utility and real-life applications. Sneakers Coin has a real-life application. With collaboration with sneaker manufacturers like Puma, Adidas, etc., Sneakers Coin is developing a Hash Code embedded into every pair of sneakers produced. This will enable tracking and verification of authenticity.
Community
The community around a cryptocurrency project is an essential factor in its success. Sneakers Culture can be traced back to 1920. There are a large number of people who view sneakers as a collectible. Sneakers Coin will be propelled to the moon with this already existing community of enthusiasts who value authenticity. The community engages daily on its Twitter and Instagram pages.
Longevity
With over 15,000 cryptocurrencies in the market, it is advisable to invest in one that has a plan for the long haul. Sneakers Coin has several projects lined up for the future. Projects such as SNKRSWallet, Sneakers NFT, and NFT launchpads on its plate, Sneakers Coin is here for the long game.
Sneakers Coin is poised to disrupt the cryptocurrency market with a team that knows what they are doing. With a well-documented whitepaper and a clear roadmap, there is excellent potential for return on investments for early investors on Sneakers Coin.
