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Nike to Shut Down Virtual Sneaker Label RTFKT

Nike will shut down RTFKT, a subsidiary that made virtual sneakers for the metaverse

Nike's RTFKT, which makes virtual collectibles, including sneakers, on Monday announced it will cease operations by the end of January. A Nike RTFKT shoe was part of a recent sneaker exhibit at the Portland Art Museum. “Future Now: Virtual Sneakers to Cutting-Edge Kicks,” co-organized by the American Federation of Arts and the Bata Shoe Museum

Business Times · 1h

Nike to shut down virtual sneaker label RTFKT under new CEO

NIKE is shutting down its digital sneaker division RTFKT as the world’s largest athletic-wear company realigns priorities under a new chief executive officer. Read more at The Business Times.

Footwear News on MSN · 4h

Nike-Owned RTFKT to Shut Down Operations

RTFKT, the digital creator of virtual sneakers that Nike Inc. acquired in 2021, revealed Monday that it will shut down operations.

cryptonews · 2h

Nike-Owned RTFKT Announces to Cease Web3 Operations

Nike-owned web3 studio RTFKT will close by January 2025 with its final release, the MNLTH X featuring the BLADE DROP, set for December.

4hon MSN

Crypto fashion brand RTFKT announces closure three years after being bought by Nike

In December 2021, Nike announced its arrival in the Web3 space with the purchase of crypto fashion brand RTFKT. Three years ...

31m

Nike-owned NFT wearables RTFKT to sunset in January

Nike-owned NFT sneakers project RTFKT announced it will shut down in January 2025, just as the NFT industry posted a huge ...

TheStreet.com2y

Nike to Mint NFTs and Digital Sneakers With RTFKT Studios Purchase

The shoe and clothing behemoth on Tuesday revealed that it is branching out into the digital metaverse after purchasing RTFKT Studios, an outfit that makes NFTs and digital shoes for the metaverse.

The Financial Times3y

NFTs: The metaverse economy

Meanwhile, RTFKT – bespoke shoemaker to the metaverse – designs limited edition NFT sneakers that can be worn in virtual worlds and has already posted millions of dollars in sales. With such ...

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