A memecoin inspired by Cardano founder Charles Hoskinson’s pet pig Nike has captured the community’s attention. Within just 12 hours of Hoskinson‘s post on X, NIKE’s market capitalization soared close to $1 million, underscoring the volatile and often unpredictable crypto market dynamics. Cardano Founder Sparks New Memecoin The genesis of the NIKE token was a…
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Source: AdobeStock / Bigc Studio Non-fungible token (NFT) collections by sportswear giant Nike and virtual sneakers and collectibles creator RTFKT have seen $170 million in earnings and a whopping $1.4 billion in trading volume. There are two notable factors to keep in mind. One, Nike and RTFKT have joined hands less than two years ago.…
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Popular sports brand Nike has hinted at the possibility of launching a collection of sneaker-themed non-fungible tokens (NFTs) within the popular game Fortnite. In a June 16 announcement from Nike, it was revealed that the “ultimate Sneakerhunt” would begin on June 20, with a video featuring the logos of Fortnite’s Air Max and Nike’s Web3…
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.SWOOSH, a web3 platform developed by the popular sports brand Nike, has already generated more than $1 million in sales from its first sneaker-themed non-fungible token (NFT) collection. The strong sales number indicates that despite some early technical issues and delays, the demand for well-designed shoes in the metaverse is healthy…. Read More: Nike’s Swoosh…
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Trump’s first NFT collection has seen its value plummet by more than 60% following the latest launch which comes ahead of his 2024 presidential bid. Trump drops series 2 NFT collection ahead of presidential run Another round of digital nonfungible tokens (NFTs) trading cards have dropped bearing the likeness of former United States President Donald…
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Porsche’s first foray into NFTs appears to have flopped after recording underwhelming sales and was heavily criticized by the community. Porsche criticized for ‘low effort’ NFTs, ends mint early Car manufacturer Porsche had to cut short a nonfungible token (NFT) mint of its famous white 911 model only two days after the public mint started,…
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RTFKT COO Nikhil Gopalani has fallen victim to a “clever” phishing scheme that drained almost $200,000 worth of NFTs from his wallet. In a Tuesday tweet, Gopalani said that he lost his collection of NFTs, which included Clone X NFTs and items from other collections, to a scammer in an apparent phishing attack. He said:……
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Sportswear giant Nike has launched .SWOOSH, a new Web3 platform that will be used to launch virtual apparel like t-shirts and sneakers for avatars. Nike became one of the biggest fashion-world players in Web3 in mid-December last year when the company acquired RTFKT, a virtual sneakers company that creates NFTs and digital sneakers for the metaverse. … Read More: Nike…
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A one-of-a-kind NFT of the Birkenstocks sandals worn by Apple co-founder Steve Jobs at various times during his life has sold for over $200,000. Nike’s “Dot Swoosh” platform lands Footwear and apparel giant Nike has unveiled its latest foray into the non-fungible token (NFT) and Metaverse space with the launch of an NFT marketplace named…
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Ethereum Co-Founder Vitalik Buterin Criticizes Corporate Metaverse Attempts — ‘Anything Facebook Creates Now Will Misfire’
On Saturday, the co-founder of Ethereum, Vitalik Buterin, took to Twitter and gave his perspective on the “existing corporate attempts to create the metaverse.” Buterin noted that a metaverse will happen, but he doesnt believe the current corporate metaverse attempts are going anywhere. Ethereum’s Vitalik Buterin Shares His Thoughts on Existing Corporate Metaverse Attempts …
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