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Home NFT

Nike NFT Sneakers Now Live on Ethereum

by Dalmas Ngetich
Apr 25, 2022 - 12:00 am
in NFT
img 20220425 155230 579

Global sneaker giant Nike unveiled its first digital sneakers on the metaverse on the 22nd of April, 2022. The RTFKT x Nike CryptoKicks will be utilized in the metaverse.

Nike made a significant investment in the metaverse late last year by acquiring RTKFT studios, a company known for creating and exhibiting NFTs. After much background effort, the collaboration has produced something significant in the NFT space. 

RTFKT, together with Nike CryptoKicks, introduce the future of Sneakers, powered by Skin Vial tech

Welcome to 2052 : 🌐👟🧪 pic.twitter.com/7449L79Bf4

— RTFKT (@RTFKT) April 22, 2022

Nike’s Ethereum CryptoKicks can be unlocked by holders of MNLTH, another NFT owned by RTFKT. The MNLTH NFT was distributed in February to fans that owned various RTFKT NFTs.

All RTFK x Nike NFTs are unique and can be distinguished from imitation copies. 

Some collectors of the Nike CryptoKicks took to Twitter to share their experiences.

Collectors had to complete a series of tasks before unlocking their CryptoKicks drop. The tasks were given just before RTFKT launched the website that paved the way for users to open their mysterious NFT boxes. 

This is freaking insane. I just opened my #mnlth!! And look what I got!
1. Sneaker
2. Vial
3. Free Mblth2 mint passes

All for 7e!!@RTFKTstudios @benitopagotto @nikestore ❤️‍🔥❤️‍🔥🎉 pic.twitter.com/mhhC3iTCCr

— Yovie Liu (@yoviexj) April 22, 2022

Aside from the CryptoKicks sneakers, the unlocked boxes contained two more items – One Skin Vial and one locked MNLTH vault. 

Collectors were informed via the official Discord channel of RTFKT that the MNLTH vault would be unlocked later this year. 

The CryptoKicks sneakers will also have utility in the metaverse and possess an “evolution path.” This feature will make it possible for holders to upgrade the value of their meta-sneakers.

The RTFKT x Nike CryptoKicks can be sold on major NFT marketplaces like OpenSea and Rarrible. The CryptoKicks sneakers have a floor price of 5 ETH, equivalent to $14,050. 

RTFKT has described the release of the Ethereum-based sneakers as “the revival of Nike CryptoKicks, starting with Evolutive skins.”

Tags: NFT
Dalmas Ngetich

Dalmas Ngetich

His primary focus is on technical analysis (crypto is, obviously, *not* crypto without the twirls of price action), the magic of DeFi, and NFTs. He is specifically training his eyes and effort on DeFi—and how the tech is changing investment, opening up opportunities for everyone—and the possibilities of NFTs.

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