Unisocks

Dynamically priced limited edition socks, built on Ethereum.

3 followers

Dynamically priced limited edition socks, built on Ethereum.

3 followers

Unisocks ($SOCKS) are tokens that entitle you to 1 real pair of limited edition socks, shipped anywhere in the world. Each buy/sell will move the price. The increase or decrease follows a bonding curve. You can sell the token back at any time.

Launch tags:Open Source•E-Commerce•Web3

Launch Team

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Promoted

Figma

Surely solve problems that are worth solving? Not by hyping products by not only creating them in Ltd editions (which do nothing more than artificially inflate prices), but also using crypto on them (which does nothing more than artificially inflate prices)

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7yr ago

DeFi Pulse 🍇

@robjbye nah, the only money you can use to get these bad boys is ETH, because it is programmable money. more sedentary cryptos like bitcoin and litecoin will NOT work.

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7yr ago

You can trade limited edition socks, without having to physically move the socks you own. Socks price is automatically set by a smart contract which uses the following formula: SocksValueUSD = EthPriceUSD x 17500 / (500 - SocksSold)^2. Something is tellling me this is how limited edition products will be sold in the future, genius! 🔥

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6yr ago

What’s In My Jar

I like the concept, but what is the advantage of this compared to buying socks on e.g. amazon?

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7yr ago

RainbowKit

Hunter

@stefan_hesse Unisocks are closer to like yeezys / supreme, in that they are a limited edition luxury good. Some people buy Unisocks to speculate on the price similar to how people speculate in the sneaker market. Other redeem their Unisocks tokens so they either preserve the socks forever, as a collectible, or wear them to stunt on their friends

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7yr ago

What’s In My Jar

@mikedemarais thank you, got it. Not for me though :D

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7yr ago

RainbowKit

Hunter

@stefan_hesse if you just need some non-luxury, non-rare, regular old socks... then you should def buy them from amazon. unisocks are fashion

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7yr ago