It may not make financial sense to fix a bike in the condition of total disrepair, or with the majority of parts needing to be replaced. The exceptions would be a premium quality, undamaged frame, or a bike with very high sentimental value, on which we would not presume to put a price tag.
With just a little care and maintenance, a bicycle will reward you with a shockingly long lifespan. Classic 1970’s bikes are still in wide use today, I personally ride a bike that just turned 30, and —even today— bike manufacturers have not quite figured out how to build planned obsolescence into their products.
Covid-19 brought about a dramatic increase in bicycle sales in response to the pandemic. Heightened anxiety over public transportation and a surge in exercise has meant that more and more are choosing to use one of the most basic forms of mobility, leading to a so-called “bike boom”.
Fitness apps such as Strava reported huge surges in cycling in unexpected cities such as Los Angeles and Houston. And the data points to similar trends across Europe. “Since the beginning of lockdown in March, we’ve seen a rising demand for bicycles,” says Edoardo Girardi, general manager of Full Speed Ahead Europe. In many regions, gyms and swimming pools have been closed for weeks, “which could be one reason for the increased demand”, says Girardi. “Another could be government incentives.”
Our mission is to empower every single person on the planet to trade, own and love a bicycle by removing all barriers. And that includes the digital ones. Our team is able to create advanced NFT’s and store them at low cost, so we don’t mind offering this for free for the sake of the community. If you want to give back, simply use BikeFair to buy or sell your bike!
Use it when you need to prove your ownership after theft, loss or impound. Trade it. Connect with the cycling community worldwide. In the future, the NFT will be a one-on-one digital version of your bike to be connected to smartbikes and used in games or virtual worlds (metaverse), while holding all of its historic data - such as transactions, rides, repairs and races.
