Magpie x MetaZ
Magpie is all about flying through DeFi, and part of that means looking fly while doing it, which means we love ourselves some sneakers and the sneakerhead community. If you weren’t aware, sneakers are known for their exclusivity, high demand, counterfeits (boo!), and retailers/resellers who take advantage of all of the above. Sneakerheads already know the process of storing, searching for, buying, or even just safely showing off your collection could be a lot better and is currently a pretty major pain point.
So what do sneakers have to do with DeFi?
We’re glad you asked.
First off, there isn’t much better than flying through DeFi, going where you want, when you want, and getting the best prices on what you’re looking for, is there? So why shouldn’t that be the case for real-world assets (RWAs) as well? NFTs open up an entirely new world of possibilities for buying, selling, or trading online, and here at Magpie, we’ve always got our eyes peeled for innovative projects that enable DeFi users new and exciting ways to use their assets, both digital and real.
Another project that’s all about making sure their users look fly as hell is MetaZ.
🤔 What is MetaZ?
METAZ is an incredibly innovative tokenized sneaker (RWA) platform wherein each NFT represents an actual, physical pair of authenticated sneakers, all of which are securely stored in a temperature and humidity controlled vault. Unlike most NFTs, which are purely digital collectibles, these are RWAs, so when users trade, buy, or sell them, not only is the NFT transferred to the new owners wallet to show off, as they are directly tied to a real pair of sneakers, ownership of the physical pair of sneakers also changes hands, er, feet.
Let’s talk a couple more benefits to the METAZ platform: they have over 890 authenticated sneakers in their vault that are ready to be traded on their marketplace with the lowest fees (0 fees for buyers!) out of any sneaker resale platform. Additionally, they have a free sneaker custody service: any user or sneakerhead can store their sneakers in the METAZ vault (Located in Korea and the US) — all free-of-charge (provided it is in Deadstock condition). In the works, METAZ will be integrating more DeFi elements into the platform — allowing sneaker collectors to receive loans and more, all by using their sneakers as collateral.
If you’re a sneakerhead, or just looking to buy or sell some sneakers, METAZ is where you’ll want to be, and the best part of it all is that in addition to showing off your sneaker collection online, in just one click, holders can redeem their NFTs to have the physical pair of sneakers shipped to them direct from the vault.
🤝 Magpie Steps in to Help
Magpie supports over a dozen chains and thousands of assets, which enables our users, and now any sneakerhead, to use ANY asset from ANY of our supported chains to buy or trade their sneakers through MetaZ. With this collaboration, users from all over DeFi will have the power to buy, trade, or sell sneakers using any asset from any chain.
Ready to look fly? Head on over to https://metaz.io/explore to check them out and step into the future of collectible sneakers.
