Fair Sneaker Drops

This is a working draft

• sneaker drops get botted because there is a gap between what fans will pay for these shoes and the MSRP.
• a dutch auction is an obvious mechanism for disuading bots since a fan who wants the shoes at high prices can simply buy them during the auction. there is no room for resellers to turn a profit.
• sneaker companies won’t use dutch auctions since only fans with more money will be able to afford sneakers. they want sneaker drops to at least seem fair.
• not to mention the fact that capturing the difference between the auction sale price and the MSRP would be really bad PR for those companies lol.
• this motivated the use of raffles to level the playing field.
• i don’t think all is lost with dutch auctions tho. i think redistributing the proceeds from earlier sales in a dutch auction could allow other fans to purchase shoes without breaking the bank.
• it’s just a question on how to do redistribute those proceeds in a way that can’t be gamed.
• sybil-proof cake cutting could solve this.