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Nike Presents New ‘Phygital’ Sneakers Collection

Cryptokicks iRL brings to life RTFKT’s vision of merging the digital and physical worlds

CryptoKicks

CryptoKicks iRL Blackout. Source: rtfkt.com

Nike-owned blockchain sneaker startup RTFKT Studios?announced the launch of?Cryptokicks iRL, a ‘phygital’ sneaker collection that will be sold as digital collectibles with physical counterparts.

The new collection is based on the previous RTFKT?digital-only collection of customisable NFT sneakers. Web3 sneakers will incorporate blockchain with smart technologies, such as auto-lacing, enhanced lighting, haptic feedback, walk detection, and AI algorithms.

The physical counterparts will be limited?to 19 000 pairs of sneakers in four unique colour combinations. Each collector will receive RTFKT’s WM Chip to link the digital and physical items. The draw to participate starts on December 7. Meanwhile, NFT minting will start on December 12-14.

This year, the NFT brand case study?revealed?that Nike was the leader in NFT sales revenues.

In addition, the apparel giant has recently announced the launch of the blockchain-enabled platform .Swoosh for Nike consumers interested in Web3. The platform will allow members to learn, collect and co-create virtual apparel and accessories worn in the metaverse.

SEE ALSO:

Intuitively Tracking Your NFTs: Here’s How

NFTs Still in ‘Great Demand’ Despite Low Trading Volumes: DappRadar

Are NFTs the Next Catalyst for Gaming?

Nina Bobro

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https://www.star937fm.com/

Nina is passionate about financial technologies and environmental issues, reporting on the industry news and the most exciting projects that build their offerings around the intersection of fintech and sustainability.