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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied On May 3, basketball sensation LeBron James was recently spotted wearing a pair of limited-edition RTFKT x Nike Air Force 1 Genesis sneakers before the Los Angeles Lakers’ triumph in Game 1 against the Golden State
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The Nike Virtual Studio launch of the OF1 is also in tandem with the ideologies as it seeks to preserve the legacies of the Nike sneakers in all of their glory to collectors. Web 3.0 startup, Nike Virtual Studio is set to release the Our Force 1 (OF1) Non-Fungible Token (NFT)
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The virtual sneaker, called Our Force 1 (OF1), is a play on the brand's iconic Air Force 1 design. Beginning on April 18, Nike will begin airdropping "posters" to select .Swoosh users, granting them early access to the sale on May 8. On May 10, the entire .Swoosh community will
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According to Nike, inventories climbed 16% in the fiscal Q3 2023 compared to the same period in 2022. Although Nike Inc (NYSE: NKE) is still dealing with its bloated investor, which has continued to affect its China sales, the company squashed estimates in the fiscal Q3 2023. Nike released its fiscal
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Nike and RTFKT plan to deliver the physical Air Force 1 to the owners in the year’s final quarter. Nike Inc is releasing the physical form of its NFT Air Force 1 sneakers, which was developed in partnership with digital art design studio RTFKT. The NFT was initially created by the
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DNP3, a streamer and founder of several crypto projects like The charity-focused crypto CluCoin, The Goobers NFT and the metaverse platform Gridcraft Network has admitted to losing investor funds through gambling. In a tweet, the nonfungible token (NFT) project founder talked about his gambling addiction and issued a public apology. I’m
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Yesterday, NIKE shares closed the trading session at $103.21, or 0.16% up. After hours, NIKE shares added another 12.77% to reach $116.39. With a market cap of $161.481 billion, NIKE stock is still 38.08% down year-to-date.American sportswear company Nike Inc (NYSE: NKE) struck the Q2 fiscal 2023 balance with great
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Nike's "Dot Swoosh" platform landsFootwear and apparel giant Nike has unveiled its latest foray into the non-fungible token (NFT) and Metaverse space with the launch of an NFT marketplace named “.Swoosh”While .Swoosh is still in the beta phase, Nike announced that its “first digital collection” is set to launch on
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Imitation may be the sincerest form of flattery, but not when it comes to the increasingly lucrative market of digital collectibles, determining what crosses the line into wrongful conduct will be a tricky matter. Source
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Nike has filed a lawsuit against an online reseller using unauthorized Nike shoe images in non-fungible tokens (NFTs). “Those unsanctioned products are likely to confuse consumers, create a false association between those products and Nike, and dilute Nike’s famous trademarks,” Nike alleges. Nike Sues Online Retailer Over NFT Sales Sneaker giant Nike
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