New York-based lifestyle brand Bicion has teamed up with sneaker designer Dan Gamache of Mache Custom Kicks to produce the world's most expensive sneakers, valued at $4,000,000 USD. The silhouette, a Li-Ning Way of Wade dubbed "The Fire Monkey," was used to mark the commencement of Chinese New Year.

The shoe is comprised of hundreds of carats of tailor-made white diamond pieces and blue sapphires set in 18k gold, produced exclusively by Bicion's in-house jewelry engineers. Additional features include blue, white, and gold colors in a flower pattern throughout the upper and a solid gold hang tag with the embossed logos of both Bicion and Mache Customs.

The sneakers will be unveiled with its official appraisal later this week at an invite-only press event in New York City. Proceeds from the sale will be given to Soles4Souls, a non-profit global organization committed to fighting poverty through the collection and distribution of shoes and clothing.