Nike’s ENS investments certainly seem to be part of a bigger plan. The primary domain name holder has authority over all ENS subdomains. Following the acquisition of dotswoosh.eth for 19.72 ETH, or around $35,000, Nike’s Web3 subsidiary, RTFKT, now controls 10 Ethereum Name Service (ENS) domains. “Artifact” is the pronunciation
Nike takes legal action against StockX. StockX has repeatedly sold numerous NFTs with Nike logo and branding. NFT IP battles are becoming more common than ever. The mere concept of Non Fungible Token (NFT) has always been full of controversies. Ever since it started off, beginning with art works, the
In February, RTFKT collaborated with FEWOCiOUS. People are shelling out large sums of money for virtual real estate. As the hype surrounding the metaverse continues to grow, more companies are embracing the idea of digital counterparts. People are shelling out large sums of money for virtual real estate on metaverse
