Unboxed is a subscription based platform that organizes sneaker collections and provides buy/trade/wear alerts tailored to each person and the value of their sneaker collections. Our app simplifies the entire sneaker collecting experience from purchase to finding what to wear or trade all in one. We curate sneaker drops from hundreds of retailers and marketplaces helping users transact for retail and avoid paying resell. Our world-class services detect fakes, and insure sneakers for delivery, theft, and damage.
We are currently managing over $120M in sneaker assets for 25,000+ users and have grown 984% in less than 2 years.
In Q1 2023 we launched a campaign that is disrupting the sneaker market by allowing users to bid on sneaker inventory with their own sneakers utilizing them as currency. We have already seen $240,000 bid in 8 auctions less than a month after launching. This campaign has driven a user growth of 12% with 20% of those individuals converting to paid subscribers.
We anticipate over a 3 year period handling approximately 10M trade transactions. Unboxed would make a 5% fee on every transaction which on average is $300. This amounts to generated revenue of $150M from present to 2026.
By the end of Q4 2023 we expect to have 60K+ users on Unboxed with 5% of them having transacted in our marketplace. This growth will continue through various campaigns, and promotion from influencers and brand ambassadors.
Our customers consist of sneaker enthusiasts who are avid collectors looking to grow their collections while saving money in the process. Approximately 16K of our users have added 5 or more pair of sneakers to their profile while 65% of our entire user base buys sneakers every month.
The team consists of:
Michael Ogden co-founder CEO- https://www.linkedin.com/in/michael-ogden-94729a93/
James Washington COO-
https://www.linkedin.com/search/results/all/?fetchDeterministicClustersOnlyTroy Nunnally CTO-
https://www.linkedin.com/search/results/all/?fetchDeterministicClustersOnly