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Bookmark or Share- Nike Pulls Plug on RTFKT: What This Means For Nike and Digital SneakersRTFKT (pronounced “artifact”) burst onto the scene as a trailblazer in the Web3 space, creating virtual sneakers and collectibles that resonated with tech-savvy consumers. The brand became synonymous with NFT drops, digital art collaborations, and virtual goods designed for the metaverse. Its acquisition by Nike in December 2021 marked a ...
- Nike Shuts Down RTFKT Web3 Experiment - Sneaker Bar DetroitNike is officially closing the chapter on RTFKT, the virtual sneaker company it acquired during the NFT and crypto boom of 2021. The move underscores a strategic shift as the sportswear giant...
- RTFKTRTFKT uses the latest in game engines, NFT, blockchain authentication and augmented reality, combined with manufacturing expertise to create one of a kind sneakers and digital products. We are a creator led organisation.
- Nike-Owned RTFKT to Shut Down Operations - Footwear NewsRTFKT, the digital creator of virtual sneakers that Nike Inc. acquired in 2021, revealed Monday that it will shut down operations. The platform shared in a post on X that it...
- Nike is ‘Winding Down’ RTFKT! What the FKT? - Industry NewsRTFKT, the pioneer advocates of web3 who were acquired by at great expense in 2021, have taken to X to announce they’re exiting the sneaker business. Despite multiple product releases throughout 2024, the Swoosh’s in-house NFT arm will cease operations sometime in January 2025.
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