Who are StockX?
An online marketplace for sneakers, clothing, collectibles and other accessories, StockX is was founded in 2015 by Josh Luber, Greg Schwartz, Dan Gilbert and Chris Kaufman.
Luber, who was a big sneakerhead, came up with the idea of designing a search engine for sneakers, where users could buy and sell items that were priced according to supply and demand, just like on the stock exchange.
There is a highest bid from a potential buyer and a lowest bid from the owner of the sneaker for each size.
The shoes are first sent to StockX, checked there for authenticity, and sent on so that the buyer can be sure that the shoe is guaranteed original.