{"id":47969,"date":"2019-01-22T15:25:59","date_gmt":"2019-01-22T20:25:59","guid":{"rendered":"https:\/\/stockx.com\/news\/?p=47969"},"modified":"2020-11-12T13:57:20","modified_gmt":"2020-11-12T18:57:20","slug":"ben-baller-stockx-ipo","status":"publish","type":"post","link":"https:\/\/stockx.com\/news\/ben-baller-stockx-ipo\/","title":{"rendered":"The Ben Baller StockX Initial Product Offering\u2122 (IPO)  is Live"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">He\u2019s been name dropped in over 80 songs, created legendary chains for hip-hop royalty, including Drake, Lil Uzi Vert, Tyler the Creator, and A$AP Ferg. <\/span><span style=\"font-weight: 400;\">But 20 years from now, Ben\u2019s impact on e-commerce may be his true legacy. StockX and Ben Baller have created the world\u2019s first e-commerce IPO (Initial Product Offering) releasing 800 new \u201cBen Baller Did The Chain\u201d slides exclusively on StockX via blind auction.<\/span><\/p>\n<p><a href=\"https:\/\/stockx.com\/promo\/ben-baller-ipo\/?=0\"><img decoding=\"async\" title=\"StockX Image\" loading=\"lazy\" class=\"alignnone size-blog-large wp-image-48017\" src=\"https:\/\/stockx.com\/news\/wp-content\/uploads\/2019\/01\/BEN-BALLER-BLOG-420x630.png\" alt=\"Ben Baller Did The Chain\" width=\"420\" height=\"630\" srcset=\"https:\/\/images-wp.stockx.com\/news\/wp-content\/uploads\/2019\/01\/BEN-BALLER-BLOG-420x630.png 420w, https:\/\/images-wp.stockx.com\/news\/wp-content\/uploads\/2019\/01\/BEN-BALLER-BLOG-300x450.png 300w, https:\/\/images-wp.stockx.com\/news\/wp-content\/uploads\/2019\/01\/BEN-BALLER-BLOG-768x1152.png 768w, https:\/\/images-wp.stockx.com\/news\/wp-content\/uploads\/2019\/01\/BEN-BALLER-BLOG-1100x1650.png 1100w, https:\/\/images-wp.stockx.com\/news\/wp-content\/uploads\/2019\/01\/BEN-BALLER-BLOG-512x768.png 512w, https:\/\/images-wp.stockx.com\/news\/wp-content\/uploads\/2019\/01\/BEN-BALLER-BLOG.png 1200w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/a><\/p>\n<p><span style=\"font-weight: 400;\">What exactly do we mean when we say blind auction? Well it is a release designed for the market to set the price of the slides, and what makes it even better than most methods is the fact that a majority of buyers will win a pair of slides for less than what they Bid. \u00a0Here&#8217;s how it works. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">StockX customers place anonymous Bids on the slide in the size and color of their choice. Once the auction has ended, the top Bids that match the quantity we have in stock will win a pair of slides. For example, if there are 20 pairs of black size 9 slides, then the top 20 Bids on black size 9 will win the slides. \u00a0<strong>However<\/strong>, all winners will be charged the same amount &#8211; what is called the &#8216;Clearing Price&#8217;. The Clearing Price is the lowest winning Bid. So in the example above, the 20th Bid is the Clearing Price. This means that even if you are the highest Bid at $1000, if the Clearing Price is $300, then you win the slides for only $300. \u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">And these aren&#8217;t just any slides. These were custom designed by Ben and produced by Straye, a new footwear brand from the founder of Supra. As Ben told our CEO when he came through Detroit, they are, \u201cTHE MOST COMFORTABLE SLIDES ON EARTH!\u201d<\/span><\/p>\n<p><iframe loading=\"lazy\" title=\"StockX Embedded Content\" src=\"https:\/\/www.youtube.com\/embed\/W3XEhk3qgH4\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p><span style=\"font-weight: 400;\">The black slide, which was originally a friends and family drop, is finally getting a proper release with only 525 pairs available. The red slide is brand new and even more limited, with only 275. Neither colorway will ever be released again. Both slides are available in whole sizes 5 through 13, and each comes with an exclusive \u201ciced-out\u201d StockX authentication tag on a cuban link gold (colored) chain . . . appraised value $12 lol!<\/span><\/p>\n<p><a href=\"https:\/\/stockx.com\/promo\/ben-baller-ipo\/?=0\"><img decoding=\"async\" title=\"StockX Image\" loading=\"lazy\" class=\"alignnone wp-image-48019 size-blog-large\" src=\"https:\/\/stockx.com\/news\/wp-content\/uploads\/2019\/01\/BB-Chain-420x630.png\" alt=\"StockX_Image\" width=\"420\" height=\"630\" srcset=\"https:\/\/images-wp.stockx.com\/news\/wp-content\/uploads\/2019\/01\/BB-Chain-420x630.png 420w, https:\/\/images-wp.stockx.com\/news\/wp-content\/uploads\/2019\/01\/BB-Chain-300x450.png 300w, https:\/\/images-wp.stockx.com\/news\/wp-content\/uploads\/2019\/01\/BB-Chain-768x1152.png 768w, https:\/\/images-wp.stockx.com\/news\/wp-content\/uploads\/2019\/01\/BB-Chain-1100x1650.png 1100w, https:\/\/images-wp.stockx.com\/news\/wp-content\/uploads\/2019\/01\/BB-Chain-512x768.png 512w, https:\/\/images-wp.stockx.com\/news\/wp-content\/uploads\/2019\/01\/BB-Chain-533x800.png 533w, https:\/\/images-wp.stockx.com\/news\/wp-content\/uploads\/2019\/01\/BB-Chain.png 1200w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/a><\/p>\n<p><span style=\"font-weight: 400;\">To claim a pair of your own Ben Baller slides to automatically own any beach, pool, or spa, <strong><a href=\"https:\/\/stockx.com\/promo\/ben-baller-ipo\/?=0\">go place a Bid ASAP by clicking here<\/a><\/strong>. It&#8217;s t<\/span><span style=\"font-weight: 400;\">ime to go Bid or go home.<\/span><\/p>\n<p><iframe loading=\"lazy\" title=\"StockX Embedded Content\" src=\"https:\/\/www.youtube.com\/embed\/IYdlOSpi5oE\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p><em><span style=\"font-weight: 400;\">If you have any questions at all, feel free to hit us up on <a href=\"https:\/\/twitter.com\/stockx\">Twitter<\/a> or send a note to <\/span><span style=\"font-weight: 400;\">support@stockx.com<\/span><span style=\"font-weight: 400;\">. For full rules and terms of the IPO, click <a href=\"https:\/\/stockx.com\/news\/Ben-baller-ipo-official-rules\/\">here<\/a>.<\/span><\/em><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ben Baller did the chain and StockX changed the game. We created the world\u2019s first e-commerce Initial Product Offering\u2122 (IPO) releasing 800 new \u201cBen Baller Did The Chain\u201d slides exclusively on StockX.<\/p>\n","protected":false},"author":29,"featured_media":48024,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[],"brands":[],"series":[],"verticals":[1692],"class_list":["post-47969","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","sx_vertical-sneakers"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Ben Baller StockX Initial Product Offering\u2122 (IPO) is Live - StockX News<\/title>\n<meta name=\"description\" content=\"Ben Baller did the chain and StockX changed the game, check out our latest IPO as we released new \u201cBen Baller Did The Chain\u201d slides exclusively on StockX.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/stockx.com\/news\/ben-baller-stockx-ipo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Ben Baller StockX Initial Product Offering\u2122 (IPO) is Live - StockX News\" \/>\n<meta property=\"og:description\" content=\"Ben Baller did the chain and StockX changed the game, check out our latest IPO as we released new \u201cBen Baller Did The Chain\u201d slides exclusively on StockX.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/stockx.com\/news\/ben-baller-stockx-ipo\/\" \/>\n<meta property=\"og:site_name\" content=\"StockX News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/stockxdotcom\" \/>\n<meta property=\"article:published_time\" content=\"2019-01-22T20:25:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-11-12T18:57:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/d15lrsitp7y7u.cloudfront.net\/wp-content\/uploads\/2019\/01\/BB_BLOG_FEATURED_NEW.png\" \/>\n\t<meta property=\"og:image:width\" content=\"700\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Jamie Delaney\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Jamie_Delancey\" \/>\n<meta name=\"twitter:site\" content=\"@stockx\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jamie Delaney\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"The Ben Baller StockX Initial Product Offering\u2122 (IPO) is Live - 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