Futures Factory
1st NFT sneakers marketplace for footwear designers and brands.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
$2.5m | Seed | ||
| Total Funding | 000k | ||
| USD | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Futures Factory is a cutting-edge startup operating at the intersection of technology, fashion, and finance. The company leverages web3 technology—a decentralized internet framework—to revolutionize the footwear industry. Specifically, Futures Factory focuses on high-end "phygital" sneakers, which are physical products with digital counterparts. This innovative approach benefits both collectors and creators by providing a unique platform for launching and promoting new footwear designs.
The company serves two primary types of clients: collectors and creators. Collectors are individuals who invest in exclusive, limited-edition sneakers and virtual wearables. Creators are designers and brands looking to launch their footwear projects. Futures Factory operates in the niche market of high-end, tech-integrated footwear, appealing to a new generation of web3-native consumers and designers.
Futures Factory's business model is community-driven and membership-based. By becoming a "Pioneer" member, individuals gain decision-making power within the platform, allowing them to influence which footwear projects get developed and supported. This membership also provides access to exclusive merchandise, special events, and backstage experiences. The company makes money through membership fees, sales of exclusive sneaker drops, and potentially through transaction fees on its platform.
The platform also acts as an accelerator for footwear projects, offering support and resources to the most promising designers and innovative brands. This is facilitated by a team of high-profile advisors, including former executives from Adidas and Jimmy Choo, who bring a wealth of industry experience.
In summary, Futures Factory is pioneering the future of footwear by combining digital and physical elements, empowering independent creators, and building a community-driven platform that benefits both collectors and designers.
Keywords: web3, phygital sneakers, collectors, creators, footwear, membership, exclusive drops, accelerator, community-driven, innovation.