{"id":195436,"date":"2023-11-01T13:41:11","date_gmt":"2023-11-01T13:41:11","guid":{"rendered":"https:\/\/tokenstalk.info\/?p=195436"},"modified":"2023-11-01T13:41:11","modified_gmt":"2023-11-01T13:41:11","slug":"meet-the-13-year-old-student-selling-sneakers-for-bitcoin-the-agenda-podcast","status":"publish","type":"post","link":"https:\/\/tokenstalk.info\/crypto\/meet-the-13-year-old-student-selling-sneakers-for-bitcoin-the-agenda-podcast\/","title":{"rendered":"Meet the 13-year-old student selling sneakers for Bitcoin: The Agenda podcast"},"content":{"rendered":"

Footwear has long been a critical element of culture and fashion worldwide. For some, shoes exist only to protect one\u2019s feet from the elements; but for others, they are the most critical part of a wardrobe. Sneakers, in particular, have developed a cult following, with some ultra-rare pairs selling for tens of thousands of dollars.\u00a0<\/p>\n

An entire industry has developed around sneaker culture, ranging from the shoe manufacturers and retailers themselves to the influencers who help drive the culture. And as Web3 becomes more mainstream, big sneaker brands like Nike are dipping their toes into nonfungible tokens (NFTs) and the metaverse, while play-to-earn projects like StepN have also experimented with tokenizing shoes.<\/p>\n

One particularly active group is resellers, who purchase just released, high-demand shoes and resell them to eager buyers who missed out on the original drop. CryptoKicks, a United Kingdom-based shoe resale business founded by 13-year-old Blake Cockram, is taking this business model and adding a fresh Web3 spin to it \u2014 anyone who buys a pair of sneakers with crypto gets 10% off their order.<\/p>\n

On Episode 22 of The Agenda<\/em>, hosts Jonathan DeYoung and Ray Salmond chat with Blake to learn what it\u2019s like being a teenage entrepreneur and how CryptoKicks\u2019 crypto-centric business model is helping onboard new users into the blockchain space.<\/p>\n

<\/p>\n

Onboarding newbies to crypto, one shoe at a time<\/h2>\n

\u201cWe accept crypto as a payment,\u201d Blake explained. \u201cYou can pay in whatever you want, but we\u2019ve got a thing going, and if you pay in crypto, you get 10% off any trainer.\u201d According to the young entrepreneur, this proves an enticing offer for many, especially when in-demand sneakers on the secondary market can cost hundreds of dollars.<\/p>\n

\u201cPeople think, \u2018Oh wow, that sounds quite good. May as well get some crypto and get some cheaper Jordans.\u2019\u201d<\/p><\/blockquote>\n

CryptoKicks accepts Bitcoin (BTC), Ether (ETH) and stablecoins like Tether (USDT). According to Blake, most customers who purchase sneakers with crypto are brand new to blockchain. \u201c\u2018I\u2019ve probably only had about one or two people who were already into crypto, but everyone else has kind of been new to it, and we\u2019ve got them into it,\u201d he told co-hosts Jonathan DeYoung and Ray Salmond. So, in addition to getting a pretty sweet discount, Blake\u2019s customers also learn how cryptocurrencies like Bitcoin work and how to take greater control over their assets.<\/p>\n

\u201cWe\u2019ve walked a couple people through it, like download this app, make your wallet, that it might take 24 hours to confirm you, because it normally does. And you just tell them how to go through it. And a couple people have asked us, \u2018What\u2019s the best coin for me to pay you in? What would I make money off in the future?\u2019 and stuff like that.\u201d<\/p><\/blockquote>\n

The life of a 13-year-old crypto entrepreneur<\/h2>\n

Blake, himself, was orange-pilled by his older brother. \u201cHe\u2019s into crypto a lot, and he\u2019s like, \u2018We could do something crazy here. \u2018You start your company and put crypto in the name, and people are going to go crazy for it.\u2019 And we\u2019ve done it, and it\u2019s worked out pretty good.\u201d<\/p>\n

At 13 years old, Blake is still in school, where the opinions of other students are mixed when it comes to crypto. \u201cPeople ask me, like, \u2018What is crypto?\u2019 Because not many people actually know about it,\u201d he explained. \u201cAnd then you\u2019ve got some people who do know about it, and they\u2019re like, \u2018It\u2019s a good thing.\u2019 But I\u2019ve also got some people who are like, \u2018Oh, I don\u2019t believe in crypto. It\u2019s a load of rubbish.\u2019\u201d<\/p>\n

But Blake is doing his best to spread awareness among his classmates:<\/p>\n

\u201cI just say like, \u2018I think crypto is good.\u2019 Like it\u2019s a new way of payment [that] not a lot of people know about. You can get money instant, and it\u2019s like good fun as well, having a bit of crypto, sending it around, that stuff.\u201d<\/p><\/blockquote>\n

To hear more from Blake\u2019s conversation with The Agenda<\/em>, <\/em>including his insights on sneaker culture in the U.K. and his plans for his future, listen to the full episode on Cointelegraph\u2019s Podcasts page, Apple Podcasts or Spotify. And don\u2019t forget to check out Cointelegraph\u2019s full lineup of other shows! <\/p>\n

Magazine: <\/em><\/strong>6 Questions for Leila Ismailova: Digital fashion and life after Artisant<\/em><\/strong><\/p>\n

This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author\u2019s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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