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 ...

attributing the issue to changes happening with RTFKT’s “current Cloudflare setup.” NFT content creator Wale Swoosh earlier speculated that RTFKT may have subscribed to an inadequate ...

The virtual sneaker and fashion brand RTFKT will wind down its operations by January 2025 as Nike restructures under new CEO Elliott Hill. However, despite the closure, the brand’s Ethereum ...

RTFKT has brought in nearly $50 million in earnings since it launched, including over $45 million in royalties, making it the ninth-most among NFT projects, DefiLlama data shows. RTFKT’s MNLTH ...

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 Capsule Space Drip 1 ...

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 ...

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 ...

And the RTFKT founders apparently also presented the living legend with his very own Clone X NFT avatar, as well. Powered by Money.com - Yahoo may earn commission from the links above. James was ...

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 ...

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 ...