Rares is an online marketplace for trading ultra-rare, vintage, and collectible sneakers, providing a platform for enthusiasts to buy and sell verified assets. The platform addresses the lack of transparency and security in sneaker transactions by ensuring authenticity and facilitating secure payments.
Funding
$9.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
EVSHFounders
Product
Problem
The market for collectible sneakers lacks transparency and security, making it difficult for enthusiasts to confidently buy and sell authentic, high-value items. Traditional transaction methods offer limited verification processes, increasing the risk of fraud and counterfeit goods.
Solution
Rares operated as an online marketplace designed to facilitate the trading of rare, vintage, and collectible sneakers. The platform aimed to address the challenges of authenticity and security in sneaker transactions by providing a system for verifying assets. Rares sought to create a trusted environment where enthusiasts could confidently buy and sell sneakers, ensuring that all items listed on the platform were genuine and accurately represented.
Target Audience
The primary target audience consisted of sneaker enthusiasts, collectors, and investors interested in buying and selling rare, vintage, and collectible sneakers.
Features
- Authentication process to verify the legitimacy of sneakers listed on the platform.
- Secure payment system to protect buyers and sellers during transactions.
- Marketplace interface for browsing and listing rare and collectible sneakers.