eBay launches sneaker authentication service to fight counterfeit gross sales

As soon as verified, the sneakers get a small eBay tag. | Picture: eBay

eBay is launching a brand new sneaker authentication service to confirm that footwear bought on the platform match what their listings declare. In accordance with CNN, the service will begin the week of October 25th and canopy the most well-liked sneaker types and types. However by early 2021 it’s going to broaden to cowl all sneakers bought for over $100 on eBay within the US.

Collectible sneakers are huge enterprise. TechCrunch notes that some footwear are restricted to just some thousand and even dozens of pairs, that means widespread editions can promote for as much as 1000’s and even tens of 1000’s of {dollars}. Sadly, this implies the market can also be ripe for counterfeiting. In a single incident from final 12 months, US Customs and Border Safety officers seized over 14,000 pretend Nikes…

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