Nike Nfts Metaverse

Nike Joins the Metaverse Sneaker Wars Nikes acquisition of RTFKT could be a pivotal moment for NFTs.

Nike nfts metaverse. Nike said the terms of the acquisition would not be disclosed. Adidas Originals will officially enter the metaverse with the release of its first NFT Non-Fungible Token collection on Friday just a few days after Nike announced a. Nike plans to extend its digital footprint and.

Nike Buys Metaverse-ready RTFKT. Travis Hoium TMFFlushDraw Dec 21 2021 at 735AM Author Bio. Nikes entry into the Metaverse is having a big impact on RTFKT NFT prices.

NFTs in the Metaverse 0645 After spending part of 2021 taking shoe customizers to court Nike is spending its final months of the year staking a claim in the emerging metaverse. Nike has acquired virtual sneaker and collectible creator RTFKT as the sportswear giant continues its push into the metaverse. RTFKT was founded in 2020 and has established itself as a digital.

In May an NFT of a Gucci handbag sold online for more than the. The Verge This acquisition is another step that accelerates Nikes digital transformation and allows us to serve athletes and creators at the intersection of sport creativity gaming and culture says John Donahoe President and CEO of NIKE Inc. Nike to Mint NFTs and Digital Sneakers With RTFKT Studios Purchase Nike is stepping into the non-fungible token or NFT world with plans to mint digital sneakers for avatars in the metaverse.

RTFKTpronounced artifactsells digital items in the form of non-fungible tokens NFTs virtual assets that are authenticated using the same blockchain technology as cryptocurrencies. The sportswear behemoth announced it had bought RTFKT in an undisclosed deal Monday adding to a small acquisition portfolio that also includes Air Jordan and Converse. Nike Buys Virtual Shoe Company Making NFTs and Shoes for Metaverse Posted On.

Nike just bought a virtual shoe company that makes NFTs and sneakers for the metaverse New 40 comments RTFKT makes shoes too except these only exist digitally. Nike Incs acquisition of RTFKT a virtual sneaker design company and a studio for non-fungible tokens NFTs is another sign that the sportswear giant is a big believer in crypto-technology and sees significant revenue opportunities in the metaverse and digital footwear. But the purchase reflects growing interest from big brands in NFTs.