Welcome DT News

  • CONTACT
  • ABOUT US
Deythere
  • Home
  • News
    Bitmine Ethereum Accumulation
    CryptoEthereumMarketNews

    Massive Ethereum Accumulation: BitMine Discloses 3.3M ETH Holdings

    This article was first published on Deythere. BitMine Immersion Technologies has just…

    By
    Jane Omada Apeh
    October 21, 2025
    image 347
    CryptoNewsSponsored Article
    From Litecoin to Hedera, the Spotlight Now Shifts to MoonBull – The Top Crypto Presale in 2025
    October 21, 2025
    Altcoin Market Cap Stalls at $1.48 Trillion as Bitcoin ETFs Drain Liquidity
    CryptoMarketNews
    Altcoin Market Cap Stalls at $1.48 Trillion as Bitcoin ETFs Drain Liquidity
    October 21, 2025
    image 341
    CryptoMarketNewsSponsored Article
    As the Fed’s Big Decision Looms, DOGE Surges, PENGU Dips, and BullZilla’s $940K Leads the Top New Meme Coins to Buy in October 2025
    October 21, 2025
    Major Update: Trump Adviser Kevin Hassett Predicts Swift End to U.S. Government Shutdown
    MarketCryptoNews
    Major Update: Trump Adviser Predicts Swift End to U.S. Government Shutdown
    October 21, 2025
  • Cryptocurrency
    Bitmine Ethereum Accumulation
    Massive Ethereum Accumulation: BitMine Discloses 3.3M ETH Holdings
    6 Min Read
    image 347
    From Litecoin to Hedera, the Spotlight Now Shifts to MoonBull – The Top Crypto Presale in 2025
    7 Min Read
    Altcoin Market Cap Stalls at $1.48 Trillion as Bitcoin ETFs Drain Liquidity
    Altcoin Market Cap Stalls at $1.48 Trillion as Bitcoin ETFs Drain Liquidity
    9 Min Read
    image 341
    As the Fed’s Big Decision Looms, DOGE Surges, PENGU Dips, and BullZilla’s $940K Leads the Top New Meme Coins to Buy in October 2025
    8 Min Read
    Major Update: Trump Adviser Kevin Hassett Predicts Swift End to U.S. Government Shutdown
    Major Update: Trump Adviser Predicts Swift End to U.S. Government Shutdown
    7 Min Read
    Bitcoin ETP UK: BlackRock Lists in London
    UK Regulators Approve BlackRock’s Bitcoin ETP: A New Era for Crypto Finance
    6 Min Read
    Previous Next
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Reading: Nike’s RTFKT Announces End of Web3 Operations, Shocking the Industry
Share

[ccpw id=”7831″]

DeythereDeythere
Font ResizerAa
  • Home
  • Crypto
  • Market
  • News
  • Blockchain
  • Contact
Search
  • Home
  • News
  • Cryptocurrency
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Have an existing account? Sign In
Follow US
© DT News. All Rights Reserved.
Deythere > News > Crypto > Nike’s RTFKT Announces End of Web3 Operations, Shocking the Industry
CryptoNews

Nike’s RTFKT Announces End of Web3 Operations, Shocking the Industry

RTFKT Exits Web3 Spotlight Adidas Takes the Stage with NFT Push
RTFKT Exits Web3 Spotlight Adidas Takes the Stage with NFT Push
Victoria James
Last updated: December 3, 2024 10:08 am
By
Victoria James
Published December 3, 2024
4 Min Read
Share

RTFKT, the digital fashion studio in Nike’s portfolio, said on Dec. 2 that it would be shutting down its Web3 services. The announcement signals the end of the company’s voyage into the Web3 space, with services officially winding down by the end of January 2025.

Contents
  • Recognizing Accomplishments in Blockchain and Digital Fashion
  • A Farewell Ripe with Promises to Collectors
  • Adidas Advances with StepN Go Blockchain Step
  • Genkins Exercise Shoes Exclusive Designer Collection
  • Changes in the Web3 Fashion Scene

A statement thought to originate from the company was shared: gonna focus on maintaining their fame via a new site. This will act as a portfolio and a reminder of RTFKT’s impact on the digital fashion and blockchain space.

RTFKT
RTFKT Exits Web3 Spotlight Adidas Takes the Stage with NFT Push

Recognizing Accomplishments in Blockchain and Digital Fashion

With a distinct focus on taking steps forward in digital fashion, gaming, and blockchain technology, RTFKT has consistently challenged creative limits. For its new transition, a new website will encompass its milestones, including collaborations with hit artists like Takashi Murakami and the development of digital to physical sneakers.

A Farewell Ripe with Promises to Collectors

While RTFKT used Discord to confirm that operations as a traditional Web3 company are coming to an end, the team reassured collectors that updates about collections, websites, and services will still be announced through official channels. For the final sonic touch on the musical roadmap, RTFKT has planned one release in December 2024—”MNLTH X featuring the BLADE DROP”—capping off what it sees as an era of integrated digital-physical experiences.

Adidas Advances with StepN Go Blockchain Step

While RTFKT is leaving Web3, Adidas is doubling down on the blockchain. The sportswear brand has teamed up with StepN Go for the second time to launch the Genesis Sneakers NFT collection powered by the Solana blockchain. The collaboration is an extension of their current partnership back to April 2024 that fuses fitness, fashion, and blockchain technology.

Genkins Exercise Shoes Exclusive Designer Collection

The Genesis Sneakers collection was introduced through a raffle mint on MOOAR, the NFT marketplace of StepN Go. Participants paid 10,000 GMT, StepN Go’s native token, to enter the raffle, with refunds issued for unsuccessful entries. Limited to just 1,000 pairs, the collection emphasizes exclusivity, appealing to both athletes and digital fashion enthusiasts who value rarity and high-end design in the blockchain space.

NFTs
RTFKT Exits Web3 Spotlight Adidas Takes the Stage with NFT Push

Changes in the Web3 Fashion Scene

RTFKT’s exodus from Web3 stands in stark contrast to Adidas’ attempts to grow its footprint, representing two approaches to digital fashion. Although RTFKT’s exit will no doubt leave a void, the fact that people are still getting involved, like Adidas, shows that opportunities for creativity and engagement in this space are still expanding. Brands are likely to evolve to accommodate new consumer behaviours, merging elements of both physical and digital experiences to reimagine engagement for a technology-enabled world.

 

 

Advertising

For advertising inquiries, please email . [email protected] or Telegram

Will Bitcoin Break the $84,000 Barrier? Key Technical Indicators Explained

Jay Clayton to Lead DOJ Office Behind FTX Founder’s Conviction

Crypto ETF Chaos: Why Solana, Litecoin, and DOGE Face New SEC Hurdles

Bull Race Heats Up: MoonBull Emerges as the Best Crypto to Watch in 2025 While Moo Deng and Gigachad Stay Strong

Explosive Gains Ahead? MoonBull Emerges as the Best Crypto to Buy in 2025 With Presale Firestorm, While Brett and Neiro Stumble

TAGGED:Digital-to-physical sneakersNFTsNikeRTFKT

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
Previous Article BRICS Initiative May Change Crypto Markets, Expert Reveals BRICS Initiative May Change Crypto Markets, Expert Reveals
Next Article Everything Bubble and its impact on markets like Bitcoin and stocks. The design features a large glowin “Everything Bubble” Expands: Bitcoin and Stocks Poised for Historic Gains!
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Subscribe to our newslettern

Get Newest Articles Instantly!

Popular News
crypto 2024
Crypto Derivatives Market Heats Up as Innovative Products Emerge
crypto approval
Blockchain Revolutionizes Energy Markets with Decentralized Trading Platforms
crypto news
Cutting-Edge Mining Technologies Drive Efficiency in Cryptocurrency Production
crypto 2024 1200x720
Decentralized Identity Emerges as a Catalyst for Data Privacy Renaissance
space
Tech Giant Announces Breakthrough in Quantum Computing
worldwide protest
Worldwide Protests Demand Action on Climate Change
global
Global Economic Forecast Reveals Slow Recovery Post-Pandemic
solar power
Revolutionary Solar Power Technology Unveiled

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Youtube Telegram Linkedin
Deythere

DT News influence 20 million users and is the number one business blockchain and crypto news network on the planet.

Subscribe to our newsletter

You can be the first to find out the latest news and tips about trading, markets...

Menu

  • Home
  • News
© DT News. All Rights Reserved.
Banner 1
Banner 2
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

  • English