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Pharaoh Athletics llc. is taking their footwear Company to the digital world.
Pharaoh Athletics llc. announced that it will be releasing an NFT collection coming December 2021 - Making Pharoh Athletics the first footwear startup to release a digital NFT collection to raise funding for their company. The big move aligns with the brand's "long-term vision to push the boundaries of the blockchain future infrastructure. Pharaoh Athletics llc. shared in a press release.
Brief History of Pharaoh Athletics llc.
The Pharaoh Athletics LLC. was founded by Mosi "Mosimo" Jones in 2013. He invented a revolutionary footwear called "Motion-Control Footwear". Mosimo claims that motion control footwear could possibly reduce lower extremity injuries in sports played on grass or turf related fields. The footwear contains a rotating fore-foot sole that allows athletes to stop, turn, and cut while in motion in a more natural way 10X better than what other top shoe brands can offer. The natural motion increases an athletes performance is called kinetic chain motion. Building on the science of kinetic chain motion energy, the Company is set to change footwear evolution enhancing the performance of all athletes in all sports globally. After years of researching the technology in 2020, Mosimo created two Companies during the pandemic Pharoh Athletics ( Custom Athletic Apparel ), and Pharoh Clothing ( Egyptian Themed Streetwear Clothing ). The Companies were created to market, and fund for research without involving outside investors in the early-stages.
NFT Crowdfunding
The Crowdfunding startup concept has been around for quite some time now. From Kickstarter to Indiegogo, Crowdfunding a Startup is the main attraction for founders to raise money and bring awareness to their billion dollar ideas. Crowdfunding has changed the dynamics of how founders get from start to finish in lightening speed compared to traditional methods seeking out venture capitalist, and angel investors. Unlike traditional investment funding, Founders have the options to give up equity or hold their most important asset at a later stage in the growth of startup. Enter in the next stage of the future of the Blockchain infrastructure with NFT's. NFT Crowdfunding will change the way founders build the foundation of their Companies and continue to build in the later stages even after bringing the Company public. NFT's may create a situation where Companies will never have to bring their Companies public on the stock exchange. Reason being, if NFT's reach a point where everyone has easy access to buying into NFT's, the reduction in gas fees eliminates the power of the stock exchange. Likewise, NFT's offer better incentives for the public to buy in to their favorite Companies. The stock market offers customers a percentage increase as the company grows. However, NFT's offer the public incentives from free gifts to increase on the blockchain, and unlimited royalties in the NFT as the blockchain demand skyrockets!
Pharaoh Athletics llc, will be releasing a Collection of digital footwear, and art products this early December 2021. Included in the drop are the incentives to receive free sneaker releases for a lifetime even if the NFT is bought and sold. The 384 total piece Collection will consist of 4 angles of the original patented 3d design made in 2017. The shoes will be featured in a limited edition release made up of 6 NFTs per shoe from Pharoh Athletics, and 192 Art pieces from Pharoh Clothing Collection. The Company plans to launch on 2 NFT platforms, Rarible, and Opensea. The first drop will be available on Rarible in October 2021, followed by and Opensea late February 2022. The benefit of releasing collections on two different NFT platforms will allow NFT collectors to the opportunity not to miss out on a rare collection created with limited supply.
While the NFT collection marks a major milestone for Pharaoh Athletics llc., the company is also using the moment to collab with established and emerging artist to design their own art of footwear based off the original patented sneaker design.
Mosi "Mosimo" Jones, Inventor and Founder commented: " At Pharaoh Athletics we strive to be at the forefront of footwear innovation. So, while we are excited to drop the world's first Footwear Brand Startup NFT Crowdfund, this is just the beginning.
Pharaoh Athletics LLC. NFT Collection, investors will receive digital 3D models and textures to use in other applications. Owners of the digital shoe collection released in limited edition will be gifted a lifetime free sneaker release option included which would transfer in the sell of the NFT. Early adopters will receive the 1st Sneaker manufactured by Pharaoh Athletics LLC. offered in limited supply.
If you can't wait and want to buy a piece of the collection now, the Company released a silent drop on Rarible offered now with only 96 NFTs available. Don't worry if you miss this one, the other drops will be just as spectacular!
Be An Early Adopter Now! Copy and Paste the Link below.
Rarible NFT
https://rarible.com/token/0xd07dc4262bcdbf85190c01c996b4c06a461d2430:397590:0x9293d074742ce9fe201213a1b3682419aea29734?fbclid=IwAR0dnKwBeTtfOFgX8kH0GbqfWS2U7mKBhHcOWQxthRzl5CAaHBF8QpqU5RY&tab=owners
