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It reminds me of the sneaker-flipping craze that simultaneously emerged in China and the US a few years ago, when popular AJ series and Yeezy releases led to frenzied queuing and reselling on secondary platforms, with prices directly doubling or even tripling, and limited edition sneakers selling for as high as tens of thousands.
Sneaker trading platforms initially started with physical inventory sales, gradually evolving to trade futures of unreleased shoe models, and later even allowing fractional trading of shoes.
At the time, the most popular sneaker trading platform in the US was , valued at billions of dollars. On , sneakers could be traded in a manner similar to financial markets, with the platform using a transparent and anonymous method to connect buyers and sellers. Participants could determine whether to sell or purchase through real-time bidding and asking prices. As positioned itself, it was indeed like a "sneaker stock market", where each item was like a stock. In China, the hottest sneaker trading platforms were "<毒>" and "<得物>".
Currently, is still operating normally, but far from its peak in 2021. <得物> has transformed, and <毒> can no longer be seen.

Owen.btc
@OwenJin12
4 hours ago
最近一周没怎么交易,被拉着一起抢labubu,原因是labubu还是一个增长市场(先来的人赚后来的人钱)而非静态市场(纯零和博弈),一级市场买入后立刻二级市场卖出大概率可以赚身边很多人FOMO。 x.com/0xcpt_capital/…






x.com/gr3ylau/status/193200902...…多谢指出,勘误下。毒 Transformed from a trendy shoe trading platform to a trendy fashion platform and changed its name to Dewu. I got it mixed up.

林与沐
@gr3ylau
3 hours ago
得物就是原来的毒,改名字了
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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