Trade now

Nike
Air Force 1 - The List

This asset is available for trading in the app.

Drop Date

27.07.2023

Drop Price

25,000.00 €

Market Value

+4.00%

26,000.00 €

Expected Holding Period

2 - 4 years

Fraction Price

50.00 €

Fractions

500

Buy the Entire Asset

Request to purchase the entire asset instead of just fractions.

Our drop price is 3,8% below the current market value

Extremely rare: only made for friends & family of DJ Clark Kent

DJ Clark Kent is considered a luminary in the sneaker world

General information

Release date
2023
Exclusivity
Sehr limitiert
Designer
Nike
Size (US)
46
Colourway
Multicolour
Stylecodes
Condition
Deadstock
Material
Leder
Original box
Yes

Seller and property details

Storage conditions
Professional storage
Insurance
Insured
Location of storage
Germany
Seller
Private seller

Asset Highlights

About DJ Clark Kent

Additional Reading

DJ Clark Kent is one of the early trendsetters of the hip-hop scene. He began his career in the 80s as a DJ for the legendary Brooklyn rapper Dana Dane. He became best known as the person who discovered rap superstar Jay-Z and as the producer of some of the biggest tracks by artists such as Notorious B.I.G., Mariah Carey and 50 Cent. In addition to his musical successes, DJ Clark Kent has also made a name for himself in the world of sneakers. The New York native is an avid sneaker collector and has been involved in a whole host of collaborations, including the 2013 Nike SB Dunk Low "112". He also co-designed the $30,000 Nike Air Force 1 Low Scarr's Pizza, a tribute to New York's popular Lower East Side pizzeria Scarr's Pizza.

About the Sneaker

Additional Reading

This ultra-exclusive pair of Nike Air Force 1 Lows was designed by sneaker guru DJ Clark Kent and is dedicated to an inside joke between him and his friends. "The List", which includes famed sneaker collector Abdul, is considered by many to be the ultimate sneaker plug (a person with access to hard-to-find sneakers). Instead of such an abstract list, "The List" is meant to represent camaraderie among sneakerheads, according to DJ Clark Kent. The shoe's mismatched design, therefore, aims to create a community around this special edition: The lucky few in Kent's inner circle who own a pair are encouraged to network and swap if they want an identical pair. The composition is also full of unique details: multicoloured metallic panels, mini swooshes and distinctive embroidery.

Sneaker as Investment

Additional Reading

Rare sneakers are among the most sought-after collectibles of the moment. Their enormous increase in value in recent years and their tremendous influence on pop culture have made them a popular alternative investment. A trend that has now also reached the major auction houses: the renowned auction house Sotheby's introduced "Sneakers & Streetwear" as its own category in 2019. If you take a look at Sotheby's customer groups, it becomes clear why: one-third of Sotheby's customers are already under 40 years of age. The increasingly young buyers associate objects such as sneakers and streetwear with their own childhood and nostalgic feelings - and this also reflects in the steadily rising prices. The most recent example of a record-breaking pair of sneakers are the Nike Air Jordan 13s worn by Michael Jordan at the 1998 NBA Finals. At a Sotheby's auction in April 2023, the sneakers fetched a record $2.2 million, making them the most expensive shoes ever sold at auction.

View more Sneakers

FAQ

You've got questions? We have the answers.

Timeless, a brand of New Horizon GmbH based in Berlin, is dedicated to the mission of becoming the European market leader in rare collectibles investments and making investments in collectibles accessible, affordable and tradable. One of the first companies in the world to do so, Timeless enables everyone to invest in collectibles and participate in their performance through the use of blockchain technology.

With its revolutionary business model, Timeless is democratizing the collectibles asset class and making the market of rare collectibles - including watches, art, vehicles, sneakers, wine, trading cards and memorabilia - accessible to all. To do this, Timeless uses blockchain technology, which documents digital transactions in a reliable, traceable and secure manner.

In addition, the company takes care of custody, insurance and maintenance until the assets are resold. The purchase of shares is secure, convenient and digital via the Timeless app.

Company	New Horizon GmbH
Brand	Timeless
Year of foundation	2018
Location	Berlin, Deutschland
Branch	Trade of Goods
Team	45 Employees
Website	www.timeless.investments
Investors	EQT Ventures, C3 EOS VC, Porsche Ventures, LA ROCA Capital

Sourcing

Timeless uses data-driven processes and a network of experts to identify unique collectibles with high appreciation potential around the world, which are then verified and acquired.

Management

Timeless then takes care of the optimal storage, insurance and maintenance of the collectibles until they are resold.

Tokenization

The Collectibles are divided into shares and offered for purchase via the Timeless app.

Trading

Investors can offer their own shares for sale, purchase shares and finally trade with other investors.

Sell

After a holding period, which typically varies by asset class (12 - 96 months, depending on market conditions), Timeless resells the collectibles, and shareholders are paid according to their shareholdings. However, in exceptional cases, if we have an attractive purchase offer, we may opportunistically sell Collectibles below a 12-month holding period.

After the purchase of the shares, the Collectibles belong to the shareholders according to the fraction they have purchased. In addition, Timeless is entrusted by the investors with the management of the collectibles until the time of the sale of the collectible. This fractional ownership model eliminates issuer risk and the Collectibles are owned directly by the investors.

Timeless itself holds shares in each asset (up to 5%), so we are a co-owner and have the same goal as you.

Timeless initially acquires the Collectible for its own account. After the fraction purchase, each fraction owner owns it directly at the fractional interest he or she acquired in it. That is, the fraction is contractually signed over to the purchaser and Timeless is charged with the custody, maintenance, and resale of the fraction. Thus, the fractions are no longer part of Timeless' assets and remain unaffected in the event of a possible insolvency. Details can be found in the master agreement, which can be viewed prior to purchase.

By the way, we've been around since 2018, we're a German GmbH based in Berlin, and Porsche Ventures, EQT Ventures and C3 EOS VC (the world's largest blockchain fund) are amongst our investors. Should we run out of funds the units of all users who have invested with us are protected in any case, as the units are transferred to the buyer.

Timeless undergoes an annual audit by an independent auditing firm. This comprehensive audit includes an accompanied inventory, during which the entire inventory of collectibles is checked for their existence. This ensures that the Collectibles are actually owned by Timeless. Proof of this can be requested from us.

to our support

Past performance, data, and returns are not reliable indicators of future results and may vary. This investment is associated with substantial risks and may lead to a complete loss of the capital invested. For further information, please refer to our FAQ.