Nike HyperAdapt 1.0 release date news, price updates: Nike's self-lacing sneakers to retail for $720 USD

Will the world finally see a pair of self-tying shoes?Nice Kicks

World-renowned shoe manufacturer Nike continues to gain more sneaker fans and enthusiasts with their futuristic HyperAdapt self-lacing sneakers. What's more is that fans and enthusiasts are getting hyped over Nike's self-lacing sneakers since it will allegedly go on sale for less than a thousand dollars.

Nike has been known to produce high-quality shoes with unique and impressive designs. Since the shoe company released their first self-lacing sneakers called Nike Power Mags — which were inspired by the movie "Back to the Future" — a lot of sneaker enthusiasts have been itching to get their hands on a pair of the self-lacing shoes despite its hefty price tag.

Fortunately for Nike fans who couldn't get their hands on the Nike Power Mags, another self-lacing pair of sneakers will be released this 2016. The Nike HyperAdapt 1.0 is another self-lacing shoe that will be released by Nike with extreme exclusivity.

Fans and enthusiasts can get a pair of Nike's HyperAdapt 1.0 sneakers if they're a Nike+ member. It is said that the self-lacing sneaker will only be available to those who use the "Reserve for You" feature on the Nike+ mobile app on Monday, Nov. 28.

As for fans and enthusiasts that aren't Nike+ members, they may get their own pair at select Nike stores on December 1st. Recent speculations suggest that the sneakers will only be available at two NYC stores: the Nike Soho store and the Nike+ ClubHouse in New York.

The HyperAdapt 1.0 will have a unique design with LED lights embedded on its sole. Aside from having a luminous design, the LED lights will also serve as a battery life indicator.

"When you step in, your heel will hit a sensor and the system will automatically tighten. Then there are two buttons on the side to tighten and loosen. You can adjust it until it's perfect," said Nike senior innovator Tiffany Beers.

The black and white blue lagoon Nike HyperAdapt 1.0 will be available in stores on Dec. 1 while the metallic silver design will be out in the late weeks of December for $720 USD.