In the ever-changing world of NFTs, utility is becoming an increasing demand for collectors of digital art. Through a partnership with Nike, RTFKT is facilitating this jump to phygital offerings in the Web3 consumer market, using advanced technology to bring its metaverse sneakers tangibly to life.

Swiss running brand On has launched a pair of sneakers that are 100% recyclable and available only through a subscription-based model. While the fashion world is steadily warming up to the idea of upcycling and recycling, this initiative fully embraces a closed-loop system to tackle waste.

Scarcity and exclusivity were the pillars upon which the modern sneaker market was built, but with brands rushing to claim dominance through collaborations and countless drops, these factors are losing relevance for many buyers. So, how do sneakerheads now determine the value of footwear?

Chunky sneakers, dubbed ‘dad shoes,’ are increasingly popular with younger generations, offering both comfort and nostalgia. Prized for their practicality over their appearance and commonly donned by lawn-mowing fathers, the shoes are fueling resale markets online and inspiring contemporary designs.