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News Explorer — Nike's NFT Sneaker Company RTFKT Is Shutting Down

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Dec 2, 8:15 pm
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Nike's NFT Sneaker Company RTFKT Is Shutting Down

RTFKT, acquired by Nike in 2021, is closing down after facing declining prices for its NFT collections, notably Clone X. Nike and RTFKT collaborated on digital sneakers, plus the company launched various other digital collectibles.

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