Nike’s self-lacing shoes auctioned for Rs.70 lakhs!

Nike recently unveiled the dope self-lacing sneakers called Nike Mags. And now they have become one of the most expensive pair of shoes. The iconic Nike Mags with a tagline of “back to the future” were sold for an incredible $104,000 to an anonymous buyer by Dragon8 which is an auction house in Hong Kong.

Credit: distincthype
Credit: distincthype

According to Nike, Mags are the most expensive sneakers sold at an auction. The initiative also served as a platform to raise money for the Michael J. Fox Foundation (MJFF) that supports the research of Parkinson’s disease.  Nike Mags have plans to have two more auctions in New York at the MJFF benefit gala on November 12 and in London later this month.

Wanna see Nike Mags working? Check out Marques Brownlee and Casey Neistat‘s you tube blogs.

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Ruby is the content enthusiast of the loudhere team with exalted writing skills. She serves loudhere with news around the world.