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Space Runners

Space Runners is a fashion-tech platform that empowers users to create, collaborate, and launch their own collections, both in physical and digital worlds.

Categories

Technology  
Fashion and Textiles  

US United States of America

Country

Summary

Space Runners is a fashion-tech platform that empowers users to create, collaborate and launch their own collections, both in physical and digital worlds.

Space Runners empower aspiring fashion designers by providing intuitive tools to enable them to seamlessly design, create and collaborate and grow in the fashion space. At Space Runners, the core team is committed to harnessing the potential of Artificial Intelligence to enhance creativity and foster meaningful collaborations. By embracing the synergy between AI and co-creation, they envision a future where fashion is not only a reflection of personal style but also a celebration of individuality and collective imagination.


History

At Space Runners, the core team is committed to harnessing the potential of Artificial Intelligence to enhance creativity and foster meaningful collaborations. By embracing the synergy between AI and co-creation, they envision a future where fashion is not only a reflection of personal style but also a celebration of individuality and collective imagination. Space Runners was in the news when it raised $10 million in a seed funding round co-led by Pantera Capital and Polychain Capital. The fashion-tech platform will work with artists and brands to create items for gaming. In some cases these NFTs can be redeemed for real-life access to events or meet-and-greets with celebrities and athletes. "Our goal is to build the first end-to-end Fashion ecosystem on the blockchain with the newly secured financing" Space Runners co-founder Won Soh explained in in a statement.

In its first collection with former NBA Champions Kyle Kumza and Nick Young, Space Runners launched NBA Champions Sneaker Collection which reportedly sold 10,000 NFTs in nine minutes. Space Runners now has over 500, 000 members across Discord, Instagram and Twitter. "Pantera is proud to support Space Runner’s vision to pave a new way to interact with fashion on the blockchain" said Paul Veradittakit- a partner at Pantera Capital. "Digital identity and self-expression will be a key component in the metaverse…Fashion will be just as, if not more, important in the Metaverse than the real world."

With its new seed funding round Space Runners wants to extend its brand to be the largest supplier of "interoperable fashion items for different metaverses and games" according to a statement from the company. Apart from this financing round, investors have contributed around $30 million to Space Runners till date. And according to the company's official roadmap Space Runners also plans to launch its own blockchain which will then be represented by its native SPACE token. 

In recent news luxury fashion brand Balmain teamed up with Space Runners to drop five limited-edition colorways of Unicorn Sneaker- all paired with an NFT with prices ranging from $1595 to $2095. Users received a link to redeem their Unicorn NFT after making a purchase and all NFTs offered a variety of features including the ability to be worn in the fashion metaverse gaming universe created by Space Runners. Unicorn Sneaker NFTs also gives users exclusive access to Balmain releases, digital wearables and limited-edition physical apparel. Space Runners CEO explained in a release: "We are thrilled Balmain entrusted us to not only do justice to one of fashion's most identifiable designs- the Unicorn- but also take consumers on a journey inspired by the tremendous legacy of Balmain."


Mission

As a fashion-tech platform, their mission is to revolutionize the way fashion is designed, created, and launched. Space Runners aims to empower individuals, particularly aspiring fashion designers, by providing innovative tools that seamlessly integrate co-creation and AI technologies. This approach not only fosters creativity but also enhances efficiency, allowing users to bring their unique collections to life in both physical and digital realms. With a commitment to pushing the boundaries of fashion-tech, Space Runners is on a mission to redefine the industry, making it more accessible, collaborative, and cutting-edge.


Vision

Space Runners envisions a future where the fashion industry is a dynamic and inclusive space, driven by innovation and creative collaboration. The platform aspires to be a global hub where individuals, regardless of their background or location, can effortlessly unleash their design talents and launch unique fashion collections. Space Runners' vision embraces the seamless integration of cutting-edge technologies, particularly AI, to democratize the fashion creation process. By fostering a community that celebrates diversity and creativity, Space Runners aims to be the catalyst for a new era in fashion, where every individual has the opportunity to contribute to and shape the evolving narrative of style and self-expression.


Key Team

Deniz Ozgur (CEO)

Won Soh (co- CEO)

Mijoo Kim ( Creative Director)

Joshua Ramjit (Head Of Operations)

Michael Scarpellini (Head Of Partnerships)

Una Rokvic (Head Of Marketing)

Karim Varela (CTO)

Rohan Chhabra (Head of Product)

Minjin Kang (Creative Director)


Recognition and Awards
The notable achievements of Space Runners include the launch of their inaugural collection, the NBA Champions Sneaker NFT collection. Crafted with top celebrities and stars in mind, this collection, inspired by NBA players, features collaborations with renowned figures like Nick Young and Kyle Kuzma, with more signings expected. The collection aims to bridge the real and digital worlds by bringing iconic sneaker pairs into the NFT space. Minting during the pre-sale offers a unique LOYALTY REWARD of 0.5% COMMISSION ON EACH TRADE. Looking beyond, Space Runners has an ambitious roadmap, including the launch of a marketplace on their website in December 2021, fostering community interaction with NFTs. The addition of AR and social media filters in January 2022 expands the interaction possibilities for NFT owners. Collaborations with well-known brands in February 2022 and integration with metaverses in April 2022 further showcase Space Runners' commitment to innovation. The introduction of the $RUN Token and DeFi tools aligns with their overarching goal of #WearToEarn. Their strong social media presence, boasting over 1200 Discord members and 1600 Twitter followers since inception, underscores the growing recognition and engagement surrounding Space Runners.

Products and Services

At the core of their offerings is the NFT Marketplace, serving as a digital hub where collectors can seamlessly trade runners, items, and other in-game assets with minimal fees. This marketplace facilitates a vibrant ecosystem for users to explore, trade, and enhance their virtual collections.

In addition to the marketplace, Space Runners introduces a unique gaming dimension, allowing users to play and battle with their NFTs. Each NFT possesses distinctive power, speed, and durability characteristics, adding an immersive layer to the gaming experience. This innovative approach creates a dynamic gaming environment, where the rarity and value of NFTs are influenced by strategic gameplay and skill development.

To enhance user engagement and transparency, Space Runners provides the NFT Visual Explorer—a specialized blockchain explorer tailored for NFT holders. This visual tool allows users to track and visualize their NFTs, providing a comprehensive overview of their digital assets both numerically and aesthetically.

Space Runners also introduces NFT Upgrading & Nurturing, allowing owners to actively improve the skills of their NFTs through gameplay. This interactive feature not only enhances the chances of winning in battles but also increases the rarity and intrinsic value of NFTs over time.

Furthermore, the platform integrates Item Equipment, offering unique sets of items associated with each collection. Equipping these items enhances the skill traits of NFTs, elevating their overall power and rarity. This strategic aspect adds depth to the gaming and collecting experience.

Embracing the decentralized finance (DeFi) landscape, Space Runners provides a suite of DeFi tools for players. From staking and renting to collateral, farming, and DAO participation, users can leverage these financial instruments to enhance their in-game strategies and overall engagement.


References
Space Runners
Leadership team

Deniz Ozgur (CEO)

Won Soh (co- CEO)

Karim Varela (CTO)

Rohan Chhabra (Head of Product)

Una Rokvic (Head Of Marketing)

Joshua Ramjit (Head Of Operations)

Michael Scarpellini (Head Of Partnerships)

Mijoo Kim (Creative Director)

Minjin Kang (Creative Director)

Industries

Technology

Fashion and Textiles

Products/ Services
NFTs, metaverse fashion, gaming
Number of Employees
0 - 50
Headquarters
Three Sugar Creek Center, Sugar Creek Center Blvd Suite 100, Sugar Land, TX 77478, United States
Established
2021
Company Type
Limited partnership
Company Registration
98085867
Social Media

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