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.
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.
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.”