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Posted: 2025-04-30 11:16:35 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-04-30 11:17:01 UTC
Verified By
Rollup News
RTFKT, a project that gained prominence by selling anime NFTs and sneakers and was later acquired by Nike, experienced a rapid decline, leading to its shutdown and the loss of value for its NFT holders.
The rise and fall of RTFKT and CloneX
Nike's acquisition and subsequent abandonment of the project
The impact on NFT holders and the loss of value
The importance of communication and delivering on promises in the Web-3 industry
Lack of communication and false promises from RTFKT
Failure to deliver real products
Loss of trust and value in the project
Nike's abandonment of the project
Cloudflare blocking CloneX artwork due to unpaid fees