What Is RTFKT?

RTFKT Studios is a company that kicked off in 2020 just as interest in NFTs spiked up. And naturally, one of the parties that was trying to get into the digital space was Nike. That’s why by the end of 2021, the Swoosh acquired RTFKT studios, and the sneaker projects came pouring in! And honestly, the projects that came out of this partnership were head-turners. However, it seems like the new Nike leadership doesn’t agree with this because we have some heartbreaking news for ya.

Nike Shutting Down RTFKT – Beautiful Things Have to End

Four years after its inception, we’re gonna say goodbye to the RTFKT project. It seems like Elliott Hill, the new Nike CEO, got straight to business with no room for errors. You see, RTFKT took to X on December 2, 2024, to announce that it will wind down operations. The announcement stated that in December RTFKT will drop its last project, the MNLTH X. However, starting January 2025, the RTFKT website will stop web3 operation. Instead, it will become like a gallery that showcases all the previous projects that RTFKT put out.

With Nike Shutting Down RTFKT, What Will Happen?

Well, it seems like we’re all gonna circle back to the OG love we have for sneakers. While digital kicks have their charm, nothing beats a classic pair of kicks. So, why not get into sneaker reselling if you wanna stick to the sneaker game? Luckily for you, we have just the thing for you! Whether you wanna buy kicks for personal use or to go into the resale business, you need to know how to buy sneakers for retail! We aint gonna go into the details now, but we have just the guide for you. Check it out, and who knows? His could be the start of something new. Godspeed!

The post Nike Shutting Down RTFKT in 2025 Under the New CEO Rule! first appeared on .

RTFKT and Nike – A Digital Love Story

Okay, so we all know how NFTs took the digital world by storm in 2020. However, one company stood out in its approach to NFT sneakers and such. You see, the Cryptokicks collection took the digital world by storm. And obviously, Nike had a hand in that because the collection was a collaborative effort. Now, while it was a dope collab, the kicks remained digital and we didn’t see them in real life. But that is all about to change!

RTFKT Nike Dunk Genesis VOID Edition Is Finally Here!

At first sight, these babies look like something out of a game, which means they really hit their target! For starters, the RTFKT Nike Dunk Genesis VOID features a mainly black colorway with a hit of purple. Now, let’s get into the nitty-gritty details of the design, shall we?

The all-black upper features a synthetic mesh base with canvas overlays, but that’s the least interesting bit about it! You see, the lateral sides of the kicks feature the Swoosh and RTFKT logos in bright purple. Moreover, the tongue and heel areas will have customizable details that you can add or remove. That all depends on how chunky you’re feeling that day. And finally, the midsole area will include an Air Zoom unit for a comfy ride.

The Extra Perks of RTFKT Nike Dunk Genesis VOID

If you thought that getting the kicks is just about the cool looks, you’re wrong. You see, each pair will include an NFC tag you can scan to claim the digital counterpart of your kicks. In addition to access to the digital kicks, you’ll also have access to game-ready 3D files! That’s one way to tackle digital creativity and community creation, right? Now, how can you get ahold of these babies?

Release Info & More

So, the initial release happened way back in November 2023 via pre-order. However, Nike and RTFKT will give us another chance to score the kicks. You see, 1,000 pairs will drop on Nike SNKRS on June 21, 2024, for $222. That’s part of the total 11,394 pairs available (as confirmed back in January 2024). Now, if you want more incentive, the kicks are worth about $1k+ on the resale market! So, how can you score them for retail?

If you know anything about cool drops, it’s that they’re low-key hard to score for retail. So, if you need a little boost for your luck, then you’re in the right place! All you need is a sneaker bot like NSB in your arsenal to have the best odds on drop day. If you wanna learn more about copping kicks, check this out. But if you already know your basics, then what are you waiting for? Go on and grab your NSB copy to start your sneaker botting journey. Godspeed!

The post RTFKT Nike Dunk Genesis VOID – From an Idea to Reality! first appeared on .

Nike and the Metaverse – A Success Story?

When Nike ventured into the virtual world of crypto and NFTs, it did it well. Instead of starting from scratch, the brand acquired RTFKT Studios! You see, RTFKT had already established itself as a power in the NFT medium. So naturally, it was go big or go home for the Swoosh! Now, we got some dope drops from Nike, with a whole independent Nike universe. Because why not?

And in 2023, .Swoosh will bring a brand new Web3 project to life: the Our Force 1 Collection. This collection has been in the works since 2022 and now’s the time for another step in the project. But what did Nike do exactly? First, Nike launched a tournament to decide between the best colorways of AF1 in celebration of the silhouette’s 40th anniversary. Second, .Swoosh hosted a design contest for digital AF1s. The winners got multiple prizes like $5000 and royalties for their design when it sells!

So, after finishing all the steps of prepping, .Swoosh is bringing the project to life seemingly soon. Although they didn’t mention a date, they released a full guide on how things are gonna go down. You can check it out in detail right here. But if you’re too impatient for this release, then the Murakami Air Force 1 is exactly what you need.

Murakami Air Force 1

Things are gonna get physical for the first time since Takashi Murakami started his virtual partnership with Nike and RTFKT! We’re already familiar with the contemporary artist’s work on projects like CloneX and the first Air Force 1 NFT collection. However, 2023 is a little different because NFT owners will have the chance to physically own the kicks!

So the NFTs are already rare enough as it is. In fact, the Murakami Air Force 1 versions “Murakami Drip” and “Murakami DNA” are only available in 4,349 copies in total. And now, the owners will have the opportunity to forge their virtual copy for a physical pair. The forging window will be between April 24 and May 8. So, if you want in on this awesome event, you have two options! You can either buy the NFT off a marketplace or wait till the physical babies go on resale platforms. For the first option, you’ll have to forge the kicks yourself. But for the second, you probably gotta pay up. Good luck!

The post The Murakami Air Force 1 Is Hot Virtually and Physically! first appeared on .

NFT Market Size – An Emotional Roller Coaster

We’re not gonna bore you with all the details, so here goes nothing. In the first two quarters of 2022, the crypto market took a hit and the trend went down. The NFT market size, in turn, took a hit, and people started losing. In fact, NFT trading was for the first time ever not profitable. So you can understand how some people could lose their patience and give up on their NFT venture. However, Q3 rolled around, and new trends started happening.

After a massive 77% drop in NFT trade volume, the market started stabilizing. So you could call everything that went down market correction. After an abundance of NFT scams and non-serious traders, 2022 filtered all that out. Profit and money-making seem to take a backseat in 2023 while usefulness takes center stage. In other words, NFT utility and roadmap are now the most important asset a collection can have, not rarity.

Should You Invest in NFTs?

Yes, absolutely – the short answer.

The long answer is that it’s worth it depending on how you look at it. If you’re here for some fast money, maybe NFTs aren’t for you. The initial appeal of the market was that there were no restrictions, which had pros and cons. However, people are becoming more aware of the whole thing, and they’re learning how to trade responsibly. That results in healthy trading behaviors in the market. We’re not saying that scams will disappear, but well, every market has its share of scams, right?

Anyway, if you’re looking for a long-term investment, NFTs are definitely worth looking into. In fact, the projected NFT market size for 2030 is $211.72B. That means a 34.2% increase from 2023 to 2030. So if you’ve got some money you’d like to invest in, NFTs are a pretty good place to look. However, we always recommend that you do your own research (DYOR) when it comes to money investment.

Finally, if you don’t wanna put all of your eggs in one basket, we got you. Why not invest in sneakers? After all, the sneaker market proved time and time again that it’s here to stay! If you wanna know more about that, our blog is ready to take you through the journey from A to Z. Godspeed

The post NFT Market Size – Should You Invest in the Industry? [2023] first appeared on .

What Went Down – Sneaker NFTs 2022 Edition

StockX – Kicks, NFTs, and Lawsuits!

The year totally started off on an interesting note with StockX. So the resale platform dropped their in-house NFTs that had a physical link. You can read more about the technical side of the Vault here. However, this collection features Nike sneakers, and that didn’t sit well with the Swoosh. Naturally, that led to a lawsuit, which is definitely not a first for Nike! You can check out a list of their most recent lawsuits right here because they’re pretty interesting.

Anyway, StockX’s Vault is still up and running, with the collection growing. It now includes more than sneaker NFTs. From accessories to collectible cards, you can find anything you’re interested in if you look well!

Nike x RTFKT Cryptokicks

If you’re reading this, then you’re probably already familiar with Nike’s acquisition of RTFKT Studios. That move was the Swoosh’s way to break into the NFT industry, and it worked. Following the CloneX collection release, Nike acquired RTFKT and started working on Cryptokicks, the sneaker NFTs.

The end result was a collection under the name: Nike Dunk Genesis. 20,000 sneaker NFTs exist in different “colorways”, with the option to equip sneakers with a vial to change the looks. Click here if you wanna do an in-depth inspection of the collection! But all in all, it’s a pretty cool starter project and we can’t wait to see what the future holds for it. What we do know though is that Nike is seriously pushing their virtual game, especially with .Swoosh!

Scottie Pippen Entered the Chat

Before we discuss this collection, we gotta mention that we expected a bit more from Michael Jordan’s NFT collection. You know, something like actual sneaker NFTs, but well, we don’t always get what we wish for. However, Scottie Pippen stepped up and dropped a sneaker NFT collection in 2022! The SP33 collection is a line of 1,000 digital wearables with special IRL perks. You can read all about the contents of these NFTs here.

What Will the Future Hold for Virtual Kicks?

Well, despite the NFT market hitting a low, all these hot projects (and upcoming ones) will keep it going. So if you have some extra money on hand that you wanna invest long-term, why not consider sneaker NFTs? But if you’re looking for something that pays faster, here’s how to make money online. And there’s always the sneaker industry that will never fail you! But make sure you get yourself a sneaker bot if you’re serious about building a collection or reselling. Godspeed

The post Sneaker NFTs – A 2022 Recap to Kick the Year Off Right! first appeared on .

Instagram NFT Market – Make Digital Collectibles Common!

Before we get into details on the whole Instagram NFT thing, let’s do a recap. The NFT world goes way back, and we knew that. However, the first time it gained traction was in 2017 with CryptoKitties, the Ethereum blockchain-based video game. From then on, the general public kinda forgot about it. And then, 2021 rolled around, and with it a huge wave of NFT novelty! More people were getting into it. Industries were backing and merging their business with the NFT world.

But you know how after every fast up there’s a fall somewhere, and that’s exactly what happened here. After the fast surge of NFTs, the crypto market crashed, taking NFTs along. We covered the whole thing here if you wanna know the details. But anyway, maybe it was a purge that the industry needed because the people who stayed were the serious ones. At the same time during which this all was going on, Meta was working on the Instagram NFT market.

What’s the Instagram NFT Market?

First off, Facebook acquired Instagram back in 2012. However, when Facebook rebranded and became Meta, many things changed. So Meta was all about introducing the metaverse to our everyday lives. Although it’s not this popular yet, the company’s latest effort is the Digital Collectibles feature on Instagram.

Initially, the feature started off as a way to show off your collection. Once you connect your wallet, you can choose the NFT you wanna show. That NFT will look like a post on your feed, with a twist. The image twists to give a 3D effect, in addition to the option of clicking on it to know who the owner and creator are. But November 2022 came and with it the option to create and sell your own NFT on Instagram!

Supported Type of NFTs

• Images
• Videos

Wallets You Can Connect

• Rainbow
• MetaMask
• Trust Wallet
• Coinbase
• Dapper
• Phantom

Blockchains You Can Do Your Instagram Transactions Through

• Ethereum
• Polygon
• Flow
• Solana

Beyond Instagram’s Digital Collectibles

In the latest updates, Meta made sure that you can share your collectibles across different platforms. Naturally, that means Facebook and Instagram. So if you connect your wallet to one, you’ll be able to share your NFTs on the other. It’s a pretty cool idea if a creator has a fanbase on both platforms. Finally, if you’re a creator and would like to join the game, you’ll be able to create your art on or off IG and sell it! Whether this venture will kick off remains to be seen. In the meantime, here’s a list of NFT gifts that can come in handy this holiday! Godspeed

The post The Instagram NFT Market Has Creators on Its Mind! first appeared on .

Snoo – The Reddit Mascot We All Love

Before we get into the crypto side of things, we wanna introduce Snoo, the Reddit mascot. It’s a little cute alien that one of Reddit’s co-founders doodled as a college student. Why an alien? Well, even the person who created Snoo doesn’t know. He just likes the idea of a time-traveling alien! And the name, Snoo, is to appease the other Reddit overlords because they originally wanted to call the site Snoo instead of Reddit. You can read all about that here! (And just for fun, here’s a picture of Jon Snoo)

The Reddit NFT CryptoSnoos Just Make Sense!

So let’s get one thing straight. Reddit is the hub for all the nerds out there (we should know) who are looking for their niche. Whether it’s movies, books, tech, art, anime, or anything really, there’s something for everyone. This is why it makes sense that in 2021, Reddit hopped on the (virtual) NFT bandwagon and dropped CyptoSnoos.

CryptoSnoos are our favorite mascots in different fits. You can find them on Reddit’s Avatar Builder, where you can build a free avatar to use on your account! However, to acquire a CryptoSnoo, you’ll need to connect your crypto wallet to Reddit or create a vault. Now, the Reddit NFT CryptoSnoos come in different rarities! The three options are: rare (limited edition), epic (extremely limited edition), and legendary (1-of-1).

Stats

So far, only 4 CryptoSnoos are out, and they’re expensive. In fact, the floor price of the Reddit NFT collection is 84 ETH ($102,151 at the time we wrote this piece). The market cap of the collection is 336 ETH (approx. $408,604). And well that’s how the creators describe these four NFTs:

“These CryptoSnoos are fragmented, abstracted, impressionistic, futuristic folk and modern (post and pre), and definitely enlightened (but in an avant-garde, neo-classical contemporary kind of way). Plus, they’re just kind of cute.”

The perks that come with these NFTs are pretty cool. You can use the CryptoSnoo as your avatar, and Reddit will make sure people know that you own one. However, if you don’t wanna pay thousands of dollars for a Snoo, you can buy a Collectible Avatar!

What Are Collectible Avatars?

These are exclusive avatars that you can purchase, trade, mix-and-match with. Different creators are dropping collections on the platform, and you can shop there! And if you happen to be a creator, you can join a waitlist for Reddit to feature you. You can use your local currency to pay for those. Although Reddit supports crypto. It actually supports Bitcoin since 2013!

Should You Invest in a Reddit NFT?

Given that the platform existed pre-NFT and pre-crypto, we’d say that investing in CryptoSnoos isn’t a bad idea! From creating to selling and buying, the Reddit NFT movement is a real rabbit hole of creativity! And if you wanna know more about the whole NFT thing, all you have to do is check our blog.

The post The Reddit NFT CryptoSnoos Are Just the Cutest Thing Ever! first appeared on .

A Brief Stop at Holiday NFTs

Before we get into the act of giving an NFT gift and the how-tos, we wanna discuss the holiday NFTs! And although it’s easy to come by holiday NFTs, we chose to special projects that make you feel at home. First off, everyone knows the Macy’s Thanksgiving Day parade. That’s been a New York tradition since the 1920s. And now, you can own your personal Macy’s parade NFT to celebrate the holidays virtually!

Now, the second NFT is about a pop culture icon who made DIYs a thing and is a good friend of Snoop Dogg’s! If we didn’t know better, we wouldn’t have guessed that it’s Martha Stewart we’re talking about. The iconic businesswoman now has her own NFT collection, as she should. And what screams holidays more than Martha Stewart and her cookbooks?

How to Give an NFT Gift?

The idea of giving an NFT as a gift is pretty cool. It’s especially nice if the recipient is a collector or wants to start their own NFT journey. However, there are a couple of steps before sending the actual gift. Let’s check them out.

• Have A Crypto Wallet: To send an NFT gift, you’ll wanna own it yourself first. So make sure you have a crypto wallet to store your purchase in. And if you’re still new in the game and wanna impress friends, here’s how to buy NFTs.

• Choose the Marketplace: Before you choose the NFT, make sure you choose the marketplace you wanna purchase from. This also allows you to know how much you’ll be paying in gas fees, but we’ll get to that later.

• Know the Recipient’s Wallet Address: You can’t send an NFT gift without knowing the giftee’s wallet address. So if they don’t have one, maybe your gift could wait until they open one. And when you send the gift, make sure you type the address correctly. Why? Because NFT transactions are irreversible, so you’re stuck with that error.

Before You Give an NFT Gift, Keep This in Mind

First off, always keep in mind that there are gas fees you gotta pay in addition to the NFT’s price. So if you’re operating on a tight budget, you gotta factor that in. Second, if you live in the USA, you gotta mind the value of the NFT gift. You see, if that NFT is worth more than $16,000, you’re gonna get a tax from the IRS. So unless the gift is intended for a spouse, you gotta get tone it down a bit. We also recommend consulting with a tax expert because this all is still kinda blurry. And if you wanna read more on the subject, check this out.

Looking for More Than an NFT Gift?

Well, the holiday season sure is the time of the year when your imagination can run wild. So if you wanna expand your ideas, why not check out these awesome holiday kicks? After all, the sneaker industry is a great place to fish for gifts or even start a side hustle! But to do that, you gotta learn your way up the sneaker botting industry too. So here’s a guide that can give you some pointers. And if you wanna know more about it all, our blog is here to give you all the info and updates you need! Godspeed

The post The NFT Gift Guide You Didn’t Know You Needed [Holiday Vol.] first appeared on .

.Swoosh – A Nike Metaverse Platform for the Loyalists

You know how hard it is to catch some drip in the real world, right? You probably took enough Ls on Nike SNKRS to qualify you for the AJ1 Lost & Found drop. But now, Nike is opening new doors to its fans by getting into the virtual world! So, consider .SWOOSH to be a meeting space for all the sneakerheads and Nike fans who have a technological inclination. And to be fair, you don’t even need to be a Web3 aficionado to join in on the party.

So what’s this Nike metaverse that’s taking up news space now? Well, in the words of the website itself “.Swoosh is the home for Nike’s virtual creations”. And by virtual creations, they mean anything from sneakers and apparel to accessories and collectibles. You’ll be able to use those collectibles in games and more! So not only you will serve looks, but so will your virtual avatar, how about that?

What Should You Know About .SWOOSH?

First off, you’re probably wondering where the project falls in comparison to RTFKT. Well, Nike cleared that up by saying that these are two different projects. In fact, they credited the RTFKT team because they taught them a lot of what they know now. Again, you don’t need any prior Web3 knowledge to enjoy the platform. In fact, you’ll get to learn there along the way. And finally, the platform will operate on the Polygon blockchain! Why? Because Polygon’s sustainability plan is among the best in the world of Web3!

What Can You Do on the Nike Metaverse Platform .SWOOSH?

This is where it gets interesting. Not only will you be a consumer on there, but you will have the ability to create! So, as a consumer, you’ll be able to build your collection of virtual items, flex them, and even trade them. You’ll also gain special access to items and the ability to pre-order them! Moreover, as an item owner, you can attend virtual and physical Nike events. And finally, you’ll be able to be a creator as well as a consumer, since you can create and compete with the .SWOOSH community!

How to Join the Nike Metaverse?

On November 18, registration opens for everyone interested in the project on welcome.swoosh.nike. However, the project is still in the Beta phase, which means it’s gonna be exclusive to some members of the community. So if you get an access code, you’re one of the lucky ones! If you don’t get it, don’t worry, you eventually will when .SWOOSH opens up for more members.

That’s not all though, because the platform has a lot in store for you in the future. For example, in December, there will be a community challenge and .SWOOSH education for those interested. And as the new year rolls around, January 2023 will bring with it the first collection drop! So stay tuned with us on the NSB blog for the latest updates on how the project goes. Godspeed

The post The Nike Metaverse Is Here – A Look into Dot Swoosh! first appeared on .

CloneX Forging SZN 1 – What’s That?

Before we get into all the release details, you gotta know what the Clone X project is all about. You can rest easy though; we covered the whole thing right here! And now that you’re familiar with the whole deal let’s check out what’s up with Forging SZN 1. Here’s a video that explains the basic concept of Forging!

Okay, discussion time! If you managed to get yourself a Clone X avatar, then you’ll wanna hear this. Different collections were available for the NFT owners to forge. These different collections are based on the different CloneX DNAs: Human, Alien, Reptile, Robot, Undead, Angel, Demon, and Murakami. Now, each collection features different clothing items like hoodies, pants, jackets, caps, and even socks. And once you forge these babies, you can have a physical hoodie! But guess what the highlight of the collection is? You guessed it: the RTFKT Air Force 1!

So, What’s Up With the RTFKT Air Force 1?

What better than digital sneakers? Having them as physical kicks too! And that’s exactly what the new RTFKT Air Force 1 is all about! For now, the kicks are digital only, but odds are we’re gonna get a physical pair. You know, they wouldn’t push the phygital concept if it wasn’t a prospect! And RTFKT already has a history of dropping physical kicks!

For example, the Space Drip collection included an actual physical pair of RTFKT Air Force 1. Anyway, because of that, it’s definitely possible for the new kicks to become physical. And if you’re wondering how the sneakers’ rarity works, well, that’s kinda simple! If you have a rare NFT like the Takashi Murakami CloneX, you can get the super exclusive Murakami RTFKT Air Force 1!

Looking for Something Beyond the RTFKT Air Force 1?

If you’re still on the edge when it comes to NFTs, why not check out another possible venture? For example, the sneaker industry is definitely here for you! Not only can you build a hot sneaker collection and earn flex right. You can also start a sneaker reselling business and make a lot of profit! Because who knew that a side hustle can be this profitable? And if you wanna get into all that and more, make sure you check out our blog! Godspeed

The post RTFKT Air Force 1 – Dominating the Phygital Future? first appeared on .