Tradeblock
VerifiedUSD | 2021 | 2022 | 2023 |
---|---|---|---|
Revenues | 0000 | 0000 | 0000 |
% growth | - | 1064 % | - |
EBITDA | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 |
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor investor | $0.0 | round |
N/A | $0.0 | round | |
investor | $0.0 | round | |
* | $8.9m | Seed | |
Total Funding | 000k |
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Recent News about Tradeblock
EditTradeblock is a unique online platform designed specifically for sneaker enthusiasts, commonly known as sneakerheads. Unlike traditional marketplaces where buyers and sellers exchange money for goods, Tradeblock allows users to trade sneakers directly with each other. This model helps users avoid the often exorbitant resale prices found in the sneaker market.
The platform primarily serves sneaker collectors and enthusiasts who are looking to swap their high-demand, limited-edition, or rare sneakers. Tradeblock operates in the niche market of sneaker trading, which is a subset of the larger sneaker and streetwear industry.
Tradeblock's business model revolves around facilitating trades between users. The company makes money by charging a fee for each trade that is successfully completed on the platform. This fee covers the cost of authenticating the sneakers, ensuring that both parties receive genuine products. The authentication process is rigorous, involving expert authenticators who inspect each sneaker for quality and authenticity.
One of the standout features of Tradeblock is its commitment to transparency and user control. If a sneaker has minor quality issues, such as small glue stains or slight dents in the box, the recipient is informed and given the choice to proceed with the trade or not. This level of transparency builds trust within the community and sets Tradeblock apart from other platforms.
Tradeblock also emphasizes security, employing a two-step authentication process to protect users from scams and counterfeit products. The platform has over one million sneakers listed, offering endless trading possibilities for its users.
In addition to its core trading services, Tradeblock is actively involved in community engagement. For instance, during Black History Month, the company donates $1 for every trade closed to Colorwave, a nonprofit organization.
Keywords: sneaker trading, authentication, sneakerheads, community engagement, niche market, trade fees, quality control, transparency, security, limited-edition sneakers.