Nike-Owned RTFKT Is Winding Down Its Web3 Services After NFT Market Fizzles Out
RTFKT, once a leader in digital fashion and NFTs, is shutting down its Web3 services by January 2025 due to the decline of the NFT market.

RTFKT, once a leader in digital fashion and NFTs, is shutting down its Web3 services by January 2025 due to the decline of the NFT market.
Casio and STEPN GO’s NFT collaboration blends physical activity with digital innovation, aiming to boost Web3 adoption.
Presidential hopeful Donald Trump recently promoted limited edition Bitcoin-themed sneakers called the "Crypto President High Tops". This release is part of Trump's strategy to appeal to a diverse voter base, including the sneakerhead community.
Donald Trump’s Bitcoin-themed sneakers, now reselling on eBay, have stirred up a frenzy among collectors and supporters, showcasing his alignment with the crypto community.
Not without it's hiccups, Nike has formally announced it's first "native web3 sneaker" this week, courtesy of it's NFT / ...
“It’s basically RTFKT’s smart watch in a sneaker,” Vasilev explained to the room. “In terms of functionality, they have accelerometers, auto-lacing, and lighting. "
Called ‘Black Station’, this 3D metaverse website will feature future NFT projects and aims to embody the future of PUMA,.
As Nike would say - just do it - and it did. The athletic brand takes it a notch higher ...
Both sneakers and NFTs have turned into multi-billion dollar industries in recent years. The sneaker resale market was valued at ...
The new RTFKT acquisition confirms Nike's interest in becoming a prominent contributor to the Metaverse virtual world.