Shoe collectors called shoebeasts can mint sNFTs and resell them in the secondary market, or shoebeast can stake the sNFT on the ShoeFy platform to earn passive income. If the first buyer sells the sNFT on the secondary market, he earns 2% of the selling price as a royalty for a certain duration every time the sNFT makes a trade in the future. If the shoebeast does not want to sell, he can stake it in the sNFT pool in the ShoeFy platform to earn $SHOE tokens as a reward. Either way, the sNFT generates passive income.