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RTFKT’s Acquisition by Nike Creates New Opportunities for Digital Collectibles

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According to reports, the crypto trendy brand RTFKT acquired by Nike announced on social media that the Nike Air Force 1 digital shoe casting is scheduled to ta

RTFKTs Acquisition by Nike Creates New Opportunities for Digital Collectibles

According to reports, the crypto trendy brand RTFKT acquired by Nike announced on social media that the Nike Air Force 1 digital shoe casting is scheduled to take place on April 23 and continue until May 8, with a total of 10 design options available. During the casting process, holders of pre cast RTFKT NFT are allowed to redeem physical shoes. The pre cast ERC-1155 will be burned during this process, and after forging, a “Forged” ERC-721 will be sent to the holder, And there will be no additional casting costs, and NFT holders only need to pay gas fees. In addition, physical sneakers are expected to be shipped in the fourth quarter of 2023. RTFKT reminds users that in order to prevent fraud, casting is only conducted in their official offices.

RTFKT: The Nike Air Force 1 digital shoe casting is scheduled for April 23rd

Analysis based on this information:


The acquisition of RTFKT by Nike signifies a new era for the digital collectibles industry. The announcement of the Nike Air Force 1 digital shoe casting has been eagerly awaited by fans of both brands. The casting process will offer 10 design options to NFT holders, who can redeem physical shoes during the casting process. The pre cast ERC-1155 will be burned, and after forging, a “Forged” ERC-721 will be sent to the holder, with no additional casting costs.

This move by Nike shows their willingness to embrace the world of digital assets, and the growing popularity of NFTs amongst younger audiences. It also highlights the rising trend of virtual and augmented reality, where consumers can interact with products in the digital world. The sale of digital sneakers through RTFKT’s platform has already been successful, and this partnership will undoubtedly see an increase in demand for NFTs in the future.

However, as with any new technology, there are concerns around fraud and safety. RTFKT reminds users that casting will only be conducted in their official offices to prevent fraud. Consumers must be vigilant and ensure that they are purchasing items from the official channels of both brands. The physical shoes are not expected to be shipped until the fourth quarter of 2023, so consumers need to be patient and cautious when redeeming their NFTs.

In conclusion, the partnership between RTFKT and Nike has potentially opened the door for the widespread use of NFTs in the fashion industry. The ability to own virtual and physical versions of the same product is a unique selling point, and consumers are sure to buy into this concept. As more brands become interested in NFTs, we can expect to see a ripple effect across the entire industry, creating new opportunities for both consumers and businesses.

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