When non-fungible tokens (a.k.a. NFTs) — essentially certificates for digital or physical assets — first launched, big brands stayed pat. They didn’t launch their own, entertain the then-trend (now ...
While I’m assured that the aforementioned metallic Airforce 1 isn’t representative of the experience, Nike also isn’t sharing the full interface of what we will see—one that will only unroll over the ...
Even the metaverse isn’t free from rules and regulations when it comes to trademark law. In one of the first major legal spats to occur in the virtual realm, Nike has filed a lawsuit against StockX, ...
Nike (NKE) discreetly sold RTFKT, its once-high-profile digital products and non-fungible token (NFT) subsidiary, roughly a year after shutting down the business, according to The Oregonian. The sale ...
Sportswear giant Nike has garnered over $185 million in revenue from the sale of its NFTs, outperforming other fashion brands by a wide margin. The American shoe manufacturer made headlines last year ...
Yes, the athletic footwear and apparel company finally sold off its non-fungible token (NFT) arm, RTFKT. This is a quiet end to an acquisition that once symbolized the company’s ambitious metaverse ...
After spending part of 2021 taking shoe customizers to court, Nike is spending its final months of the year staking a claim in the emerging metaverse. "Brands have an incentive to be there because ...
StockX is an online reseller estimated to be worth $3.8 billion, and its NFT sneakers in dispute are still online. Popular sneaker maker Nike has started the “licensed NFT” wars by taking an online ...
(Reuters) - Online retail marketplace StockX fired back Monday against Nike Inc's claims that it sold counterfeit Nike shoes, telling a Manhattan federal court that the sneaker giant had previously ...
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