RTFKT, the Web3 sneaker brand that Nike acquired in 2021, will wind down operations by the end of January 2025, transitioning into an archived site to showcase the designs created for the platform.

RTFKT, 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 will wind down its ...

RTFKT—pronounced “artifact”—was started by Steven Vasilev, Benoit Pagotto, and Chris Le around the start of the pandemic in 2020. A year later, the creator of avatars, online collectibles ...

Nike has been one of the poorest performers in the Dow Jones this year, but some changes going on at the company make me ...

This year alone, the stock price of the global sportswear brand is down around 26%. Can Nike get its mojo back? The Finance ...

The lowest price for any NFT in a given collection across all marketplaces.

Earlier this month, Nike announced that it is moving on from the metaverse and shutting down the RTFKT operation. I think this is a necessary move and makes complete sense. Ultimately, becoming ...