News

Nike tried to jump into the NFT game by buying RTFKT in 2021. But, like Starbucks Odyssey, it never quite worked out and the company abandoned the idea, announcing in December via the RTFKT X ...
In March 2021, RTFKT Studios launched its “Space Drip” project, where RTFKT curated 18 native NFT artists and gave them the opportunity to create custom sneakers of their own design.
RTFKT, the creators of non-fungible token (NFT) virtual sneakers acquired by Nike in 2021, has announced it will sunset operations in January 2025. “To honor and preserve this pioneering legacy ...
A proposal for a class action lawsuit is accusing Nike of engaging in a "rug pull" by shutting down operations for its RTFKT NFT platform. The suit was filed Friday in a Brooklyn federal court ...
I n the beginning, there was RTFKT, and if you took one look at the all-caps name and lack of vowels and thought, “This sounds like an NFT company,” you are absolutely correct. In late 2021 ...
In December, RTFKT, pronounced “Artifact,” said it would cease operations the next month. Nike had purchased the company in 2021 as part of its move into the immersive digital reality known as ...
Benoit Pagotto is a cofounder of RTFKT—pronounced “artifact"—a Web3 firm best known for digital sneakers and NFT collaborations with artists like Takashi Murakami. The company’s reputation ...
Other major fashion brands like Tiffany, Gucci, and Adidas have each made between $11 to $13 million from their NFT sales. As reported, Nike acquired RTFKT, a virtual sneakers company that creates ...
The case dates back to Dec. 13, 2021, when Nike announced that it had purchased the Delaware NFT corporation RTFKT (pronounced “artifact”), which would accelerate the Fortune 500 company’s ...