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Nike Acquires NFT Sneaker Collectibles Startup RTFKT
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blockchain.newsNFT platform RTFKT Studios, which integrates reality into fashion and games, <a rel=«noopener» href=«https://twitter.com/RTFKTstudios/status/1470502799498792963?ref_src=» https: blockchain.news target="_blank">announced on its official Twitter account on December 13 that it has been successfully acquired by sports brand giant Nike.
The specific terms of the transaction have not been announced to the public.
Founded in 2020, creator of virtual sneakers and collectables RTFKT is a platform that mainly focuses on creating virtual sneakers by using the latest game engine, NFT, blockchain authentication and augmented reality to create virtual products and experiences.
One of RTFKT’s flagship products is a hybrid NFT/physical footwear
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