Retro Loanz with RetroKickz: buy, rent, lease or borrow against a pair of premium sneakers

Premium sneakers are bought, sold, rented for an event, leased for a season and, increasingly, borrowed against. Each of those is a different transaction on the same pair, and each depends on the same three facts: that the pair is genuine, where it is, and what condition it is in. RetroKickz wanted one platform for all of them.

Opsian built Retro Loanz with RetroKickz around the pair rather than around the transaction.

A pair enters the platform through intake and authentication, and from that point it has one record: its authentication result, its condition, its storage location and its history. Buying, renting, leasing and lending against the pair are four transactions on that record, each with its own terms, and the record shows at any moment who holds the pair and on what basis.

Storage and handling are automated from intake to return. Where a pair is, when it is due back, what condition it returned in and what that means for the deposit or the loan are calculated from the record rather than negotiated afterwards. A customer sees the same record the operator sees.

A loan against a pair of sneakers is only as sound as the platform's knowledge of that pair. By making authentication, custody and condition one signed record, Retro Loanz makes the lending product possible, and it applies the same identity discipline Opsian uses for people to objects.