Nike is still trying to make NFT possible with Swoosh

Nike has not provided many details about what to expect But he suggests That you will one day be able to use its assets as wearable items in digital games and “other immersive experiences.” While subscription to the platform opens on November 18, don’t expect to actually buy anything: Swoosh’s first digital set won’t be released until next January. Nike claims that creators will be able to “take up a societal challenge and win the opportunity to create a virtual product with Nike” as well as own any sales.

Volume of NFT monthly sales in 2022.
Photo: Nansen.ai – Nansen.ai Quarterly Report – Q3-2022

Next, you will see this ad Nike bought RTFKT StudiosThe Web3 company, which makes NFTs and sneakers for the metaverse, closed its doors last year. It may have appeared like a strategic investment at the time. Crypto was at its highest point last December and earlier in this year. Nansen.ai data shows that NFT sales per month have dropped since January.

“We are shaping the market for the future with an accessible platform for Curiosity on Web 3,” says Ron Faris, Vice President of Nike Virtual Studios. “In this new space the.SWOOSH-Nike community can create and share, and then benefit together.”

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