CLEAN : Detroit boasts world's 1st sneaker exchange: StockX

What was the reason for moving the sneaker authentication process to a larger space?

• The original room was too far from the main office.

• The original room was too small for the increasing volume of shoes.

• The original room was being renovated.

• The company wanted to improve the lighting conditions.

How does StockX differ from traditional marketplaces like eBay?

• StockX charges higher fees than eBay.

• StockX only sells new items.

• StockX uses a stock market-like method to connect buyers and sellers.

• StockX requires sellers to take photos of their items.

What is a key factor in determining the authenticity of sneakers?

• The color of the shoe laces.

• The smell of the glue used.

• The size of the shoe.

• The brand logo on the box.

What advantage does StockX have in the sneaker market?

• Lower prices than all competitors.

• Access to exclusive sneaker designs.

• A large network of physical stores.

• A credible platform for buying and selling authentic sneakers.

Why is Detroit significant to the growth of StockX?

• It provides access to incredible spaces and is part of the city's turnaround.

• It offers a large customer base.

• It has the largest sneaker market in the world.

• It is the birthplace of the founder.