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Crucially, Nike also believes your virtual shoes will useful—the company imagines that this NFT apparel will go with you into video games and other metaverse experiences. “We anchored our ...
At that time, Nike suggested that its virtual apparel could eventually be equipped in video games and “other immersive experiences.” .Swoosh’s first NFT drop of virtual sneakers surpassed $1 ...
Nike’s dalliance with the world of non-fungible tokens (NFTs) has landed the Swoosh in court. One customer who bought Nike NFTs filed a complaint in federal court Friday alleging the sneaker ...
On April 25, purchasers of Nike non-fungible tokens (NFTs) filed a class action complaint in the US District Court for the Eastern District of ...
Footwear giant Nike’s non-fungible token (NFT) projects have brought the company’s revenue to US$185.34 million, more than seven times that of luxury fashion brand Dolce & Gabbana, which ranks ...
Nike tried to capitalize on NFT hype in 2021 by buying a “digital shoe” company before shutting it down last year. Nike tried to capitalize on NFT hype in 2021 by buying a “digital shoe ...
According to a Dune Analytics dashboard, which tracks the performance of large brands’ NFT projects, Nike has been the most successful company with its NFTs. The American shoemaker has raked in ...
Nike’s NFT case spotlights the unresolved question of whether digital assets are securities under shifting SEC interpretations. Plaintiffs increasingly leverage state consumer protection laws to ...
An investor on Friday filed a lawsuit in federal court in New York over Nike‘s closure of a subsidiary that sold virtual sneakers. In December, RTFKT, pronounced “Artifact,” said it would ...
Nike Generates $185 Million From NFT Sales According to a Dune Analytics dashboard, which tracks the performance of large brands’ NFT projects, Nike has been the most successful company with ...
Nike has been hit with a class-action lawsuit that accuses the sportswear giant of operating a rug pull for shuttering its non-fungible token (NFT) platform RTFKT in January. A group of RTFKT ...