How Much Did Nike Buy Artifact For?

Nike bought virtual sneaker designer RTFKT (pronounced “artifact”) in December. Now, over $11 million has been spent on its first virtual sneaker set. Daniel Van Boom is a Senior Writer based in Sydney, Australia.

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What NFT project did Nike buy?

RTFKT Studios
In December 2021, Nike announced the acquisition of RTFKT Studios, an organization that uses the latest Web3 technology to create one-of-a-kind sneakers and digital artifacts.

When did Nike buy CloneX?

And it isn’t only sneakerheads who are drawn to RTFKT’s unique collections, as CloneX was also a collab with world-renowned artist Takashi Murakami. RTFKT made headlines across the NFT space when it was acquired by Nike in December 2021.

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Does Nike have an NFT?

Nike’s NFT Sales Make It One of the Most Profitable Fashion Brands in the Digital World. Nike has made $185 million on NFTs so far, beating out Gucci, Tiffany, Dolce & Gabbana and Adidas for the top spot on a new list ranking the space’s highest earners. When non-fungible tokens (a.k.a.

What are Nike NFT?

May 26, 2022. The market for collectible sneakers has skyrocketed in recent years. And until recently, so had the market for NFTs, or nonfungible tokens, which function as digital certificates of ownership for works of art as well as tattoo designs and virtual real estate.

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What is the most expensive NFT ever sold?

1. The Merge – $91.8 million

  • The Merge – $91.8 million.
  • The most expensive NFT in history is actually a series of NFTs, selling for a eye-watering $91.8m price tag in December of last year.
  • Breaking record after record, the world of NFT art really smashed it last year.

How much did RTFKT sell for?

In December 2021, NIKE, Inc. acquired RTFKT for a sum thought to be in excess of $1 billion.

How much did CloneX sell for?

CloneX Mintvial floor price is 3.3–3.7 ETH (with 350+ Mintvials traded) on Nov 29, 10h before the Public Sale goes live.

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How much did CloneX cost?

CloneX (CLONEX) floor price today is $13,646.69, with a 24 hour sales volume of 103.13 ETH. As of today, there is a total of 19356 NFTs minted, held by 9473 unique owners, and has a total market cap of $264,145,279.30.
CLONEX Market Statistics.

CLONEX Floor Price 8.1 ETH
Owners 9,473.0 -0.1%
Total Assets 19,356.0

How much is a CloneX NFT?

The average price of one CLONE X – X TAKASHI MURAKAMI NFT was $16.4k. There are 9,486 CLONE X – X TAKASHI MURAKAMI owners, owning a total supply of 19,361 tokens.

What other companies does Nike own?

In addition to the Nike and Jordan brands, our wholly-owned subsidiaries include Cole Haan (luxury shoes, handbags, accessories and coats); Converse (athletic and lifestyle footwear, apparel and accessories); Hurley (action sports and youth lifestyle footwear, apparel and accessories); Nike Golf, and Umbro (a leading

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How much is a Nike NFT?

At auction, the shoe is now typically for selling between $4,000 and $9,500, although some pairs can fetch six figures, according to data from NFT marketplace OpenSea. NFTs are virtual items that use blockchain technology and smart contracts to assure each item is unique and unchangeable. .

How much is an NFT shoe?

STEPN Sneaker NFTs Sell For $100, Previously Worth $1200.

How much does NFT shoes cost?

The NFT sneakers, which aren’t physical shoes, are selling for about $6,000 to $9,000 in ether. A company called RTFKT (“artifact”), which Nike bought last year, designs the virtual sneakers. RTFKT previously made the popular Clone X NFT collection, which now sells for about $50,000 per NFT.

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Are NFTs dead?

NFTs are dead. Long live digital collectibles. The game industry’s messy relationship with crypto concepts like the blockchain and NFTs soured in dramatic fashion yesterday when Sony launched a new “digital collectibles” feature for a revamped PlayStation loyalty program.

Are NFT worth investing?

NFTs have become an investment opportunity. Like the physical arts, it’s not the ownership that matters, instead, it’s the ability to attract the highest bids during sale. When you sell an NFT at a higher price than you bought it, then it’s worth the investment.

Can you take a screenshot of an NFT?

Taking a picture of the Mona Lisa at the Louvre is not exactly the same as owning a piece from Leonardo da Vinci. The same concept can be applied to NFTs for digital artwork. By taking a screenshot of an NFT, does not make you the rightful owner of the artwork.

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What crypto is Nike buying?

RTFKT
Nike announced today that it has acquired RTFKT, a virtual sneaker design company and a studio for non-fungible tokens. Nike Acquires RTFKT RTFKT was founded in 2020 to create virtual…

What crypto will Nike use?

In brief. Nike has revealed its first digital metaverse sneakers, the Ethereum NFT-based RTFKT x Nike Dunk Genesis CryptoKicks.

How much is a RTFKT NFT?

The average price of one RTFKT Creators NFT was $8.7k. There are 87 RTFKT Creators owners, owning a total supply of 13 tokens.

How many CloneX NFTs are there?

How Many CloneX NFTs Are There? There are 20,000 RTFKT CloneX NFTs in total. Further, the NFTs are split into eight DNA types, which form the backbone of the CloneX rarity system.

How Much Did Nike Buy Artifact For?