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Nike bought RTFKT to enter the world of Metavars

BingMag.com <b>Nike</b> <b>bought</b> <b>RTFKT</b> to <b>enter</b> the <b>world</b> of Metavars

According to CNBC, Nike in October (October 1400) as part of its preparations to enter the world of Metavars and sell shoes Sports and Virtual Clothing has applied for trademark registration. But now it has been reported that the world of clothing and footwear giants has acquired a company called RTFKT, which is helping them accelerate their digital transformation. RTFKT was founded in early 2020 and has since made a name for itself by designing what it calls sneakers and collectibles ready to enter the world of Metavars. The start-up is also known for producing non-exchangeable tokens (NFTs). Interact with digital avatars in the virtual world, continue to grow. With that in mind, Nike seems to have big plans for RTFKT and its team to join the company.

"We are attracting We are a very talented team of builders with a reputable and relevant brand. Our plan is to invest in the fledgling RTFKT company, to serve and grow the innovative digital community and to expand Nike's digital footprint.

BingMag.com <b>Nike</b> <b>bought</b> <b>RTFKT</b> to <b>enter</b> the <b>world</b> of Metavars

Recently, the startup launched an avatar-like project called CloneX Has announced that it is a joint venture with Japanese artist Takashi Murakami and has had about $ 65 million in transactions in three weeks since its release. RTFKT calls the CloneX project the most ambitious project to date, as it will be the beginning of an ecosystem for Metavars avatars.

BingMag.com <b>Nike</b> <b>bought</b> <b>RTFKT</b> to <b>enter</b> the <b>world</b> of Metavars

For those who do not know, it is not bad to say that Metavars introduces itself as a public and open source blockchain that aims to provide the core infrastructure for social, corporate and private purposes. Metaver's goal is to create a world in which you can have digital assets and identities (avatars). Instead of watching digital content, users in Metavars will be able to immerse themselves in a space where the digital and physical worlds converge.

For comparison, Metavars can be thought of as a virtual amusement park. There is no limit to size and creativity, and its participants, along with thousands of other users, can move seamlessly from one place to another. Thus, it seems that our future world will be greatly affected by Metavars. So we have to wait and see what news will be published in the future.

Source: Engadget </ p>

Tags: nike, bought, rtfkt, enter, world, metavars

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