Reddit mentions of Rust-Oleum 267028, 11-Ounce, Clear

Acryllic paint used. Acryllic colors work best on fabric. This converse sneaker uses canvas fabric.

Steps for the artists over here :D

*Shoes must be brand new or crisp clean before painting*

1. Remove shoe laces. Tape the unwanted areas like the sole border on bottom and the rubber toe part with masking tape to prevent accidental paint drips.
   
   
   [Step 2 is required if your base color of shoe is non white. If it's complete white then you can start painting directly. ]
   
   
2. First apply a base coat of white two times over the complete area you are planning to paint.
   
   
3. After base coat start painting stuff you want like colors and stuff.
   
   4)Paint the leaked edges, borders or mistakes you made while painting by covering them with black acryllic paint again. (black used here since the color of sneaker is black so it hides after drying)
   
   5)Once you're happy with the paint, coat it with a sealent spray 2-3 times to prevent the paint form getting exposed to dirt and stuff. Make sure the sealent has matte finish or you shoes will turn out glossy lol. I used this spray sealent
   
   
   EDIT : Added instruction for white sneakers @ step 2
   
   EDIT : Added sealent spray link.

For those interested I loosely followed this guide. Getting the rubber coating off was a total bitch but the end result was worth it! Since all I had available was glossy paint I opted for a matte clear to achieve the look I was after. The pain used was Rustoleum 2X Gloss Grape and Rustoleum Matte Clear Coat. I'm happy to answer any other questions about the process as well!

http://www.amazon.com/Rust-Oleum-267028-Specialty-Clear-11-Ounce/dp/B00D029592

I'm not a master artist, and I like to save money where I can, so I've been using Rust-Oleum Specialty Clear Matte Spray ever since I started, and I've been very happy with the results.