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Nike’s ‘self-lacing’ HyperAdapt shoes will cost you $720

If you failed to win the prize draw for a pair of those flashy self-lacing Back to the Future sneakers, or couldn’t quite make the $100,000 bidding price that the same high-tech footwear fetched at a recent auction, then how about settling for a pair of Nike’s “power-lacing” HyperAdapt 1.0 shoes instead?

They’re launching at select stores on December 1, according to YouTuber and sneaker guru Jacques Slade, and will set you back a cool $720. Admittedly, that’s still enough to make your wallet recoil in fear, but if not tying your laces means that much to you, and plain ol’ slip-on shoes are just a wee bit boring, then it may be money well spent.

The HyperAdapt shoes are an updated alternative to the self-lacing “Mag” shoes that first showed up on Marty McFly’s feet in part two of the Back to the Future trilogy.

The specially designed HyperAdapt sneakers incorporate automatic “adaptive fit” technology – also known as  power-lacing – that enables the shoe to gently tighten around the foot when pressure sensors on the heel are activated.

Added gizmos include a couple of buttons on the outside of each shoe to help you fine-tune the fit by gently tightening and loosening the footwear while you’re wearing it, while a built-in battery should keep its tech powered for up to two weeks on a single charge.

Related: Nike to open New York City store loaded with tech

Tinker Hatfield, who co-designed the shoe with Tiffany Beers, thinks adaptive lacing could benefit athletes as the technology offers a “tailored-to-the-moment” custom fit.

“It is amazing to consider a shoe that senses what the body needs in real-time,” Hatfield said back in March, adding that such a design “eliminates a multitude of distractions, including mental attrition, and thus truly benefits performance.”