The first digital sneakers by Nike and RTFKT are out now. And it was worth the wait.
The hype started in December 2021 when Nike acquired RTFKT, adding the ultra famous brand of virtual sneakers to the line with the brands like Jordan Brand and Converse.
In February, RTFKT had released NFT MNLTH, mysterious digital box with RTFKT and Nike logos on it. Up to yesterday, holders of this first co-branded NFT spent months solving elaborate riddles to unlock it.
Users will be able to customize their Nike Dunk Genesis CryptoKicks, using exclusive style-changing Skin Vial NFTs.
The brand also promised to launch a quest series to unlock the MNLTH 2 vaults later this year. Each pair of CryptoKicks will also feature an “evolution path” that enables them to be evolved in some way.
There is "verse" in Converse, can we expect some metaconverse any time soon?
@sabbathhawk
The hype started in December 2021 when Nike acquired RTFKT, adding the ultra famous brand of virtual sneakers to the line with the brands like Jordan Brand and Converse.
In February, RTFKT had released NFT MNLTH, mysterious digital box with RTFKT and Nike logos on it. Up to yesterday, holders of this first co-branded NFT spent months solving elaborate riddles to unlock it.
Users will be able to customize their Nike Dunk Genesis CryptoKicks, using exclusive style-changing Skin Vial NFTs.
The brand also promised to launch a quest series to unlock the MNLTH 2 vaults later this year. Each pair of CryptoKicks will also feature an “evolution path” that enables them to be evolved in some way.
There is "verse" in Converse, can we expect some metaconverse any time soon?
@sabbathhawk
Serenade to Spring by Daria Antypenko.
Serenade to Spring is a liberal 3D adaptation of the
most significant pieces from Ernst Haeckel's flower
series. This piece is inspired by his unique vision and
strong inimitable style.
#standwithUkraine
Serenade to Spring is a liberal 3D adaptation of the
most significant pieces from Ernst Haeckel's flower
series. This piece is inspired by his unique vision and
strong inimitable style.
#standwithUkraine
Let's start with artist/founder of Techism movement/Vogue Singapore Metaverse Editor
Krista Kim and a fragment of her recently-updated Techism© Manifesto:
Techism is a movement that reconciles technological innovation with the creation of art.
Techism understands innovation, be it technological or philosophical, as a medium in and of itself.
We are the masters of technology, and creating art is the expression of digital humanism.
Collaboration materializes consciousness. Art is consciousness. Techism is an appeal and return to that consciousness, the consciousness of art as shared, as thing, as idea and as experience.
The Gradient symbolizes our decentralized future.
In the digital age, data is power. Digital is fluid. We are more fluid.
The gradient transcends boundaries, transmuting colours into a unified spectrum that reveals unexpected beauty in collective unison—gradient beauty is the spirit of fluid digital culture.
It represents hope, freedom, individual expression, innovation, co-creation, collaboration and co-existence. Multiple colours are integrated as one, just as we are diverse human beings brought together on the internet.
We now transcend archaic, rigid schools of thought and belief systems to create new decentralized, transparent systems through the crypto revolution, allowing a holistic revolution to take shape.
We are more fluid in race, nationality, sexuality, gender, politics, spirituality… we are a gradient.
Krista Kim
#QTS
Krista Kim and a fragment of her recently-updated Techism© Manifesto:
Techism is a movement that reconciles technological innovation with the creation of art.
Techism understands innovation, be it technological or philosophical, as a medium in and of itself.
We are the masters of technology, and creating art is the expression of digital humanism.
Collaboration materializes consciousness. Art is consciousness. Techism is an appeal and return to that consciousness, the consciousness of art as shared, as thing, as idea and as experience.
The Gradient symbolizes our decentralized future.
In the digital age, data is power. Digital is fluid. We are more fluid.
The gradient transcends boundaries, transmuting colours into a unified spectrum that reveals unexpected beauty in collective unison—gradient beauty is the spirit of fluid digital culture.
It represents hope, freedom, individual expression, innovation, co-creation, collaboration and co-existence. Multiple colours are integrated as one, just as we are diverse human beings brought together on the internet.
We now transcend archaic, rigid schools of thought and belief systems to create new decentralized, transparent systems through the crypto revolution, allowing a holistic revolution to take shape.
We are more fluid in race, nationality, sexuality, gender, politics, spirituality… we are a gradient.
Krista Kim
#QTS
Legendary director David Cronenberg uses NFT to basically promote his forthcoming movie.
Cronenberg is offering a picture of his kidney stones as unique NFT noscriptd the Inner Beauty.
Reserve Price: 10 ETH
In the philosophical denoscription about the insides of his body, Cronenberg adds:
not surprisingly, perhaps, the collection also references my new movie, Crimes of the Future, which stars Viggo Mortensen as a performance artist whose art form involves public surgery on his own body, during which strange new organs of unknown function are removed and displayed. Art always has the last word.
Arguably, it is a first movie teaser immortalized as an NFT.
Cronenberg is offering a picture of his kidney stones as unique NFT noscriptd the Inner Beauty.
Reserve Price: 10 ETH
In the philosophical denoscription about the insides of his body, Cronenberg adds:
not surprisingly, perhaps, the collection also references my new movie, Crimes of the Future, which stars Viggo Mortensen as a performance artist whose art form involves public surgery on his own body, during which strange new organs of unknown function are removed and displayed. Art always has the last word.
Arguably, it is a first movie teaser immortalized as an NFT.
According to the 2022 Artsy Gallery Insights report by online sales platform Artsy, only 11 per cent of galleries sold NFTs in 2021, while 67 per cent say that their clients hadn’t even asked about them.
Some enthusiasm for NFTs remains: the report finds that a quarter of respondents plan to offer them this year.
Financial Times
https://on.ft.com/38qPDlK
Some enthusiasm for NFTs remains: the report finds that a quarter of respondents plan to offer them this year.
Financial Times
https://on.ft.com/38qPDlK
Marc Bain of Business of Fashion talked with RTFKT about their vision for the Future.
For RTFKT and Nike, sneaker NFTs are just the start. What RTFKT is really trying to do is construct the metaverse, step by step, by encouraging its audience to use its products as the building blocks.
It arguably makes RTFKT a new kind of brand — one poised somewhere between the currents of fashion, crypto and gaming, and well-positioned to capitalise on the growing confluence of the three.
If there’s one belief that unites and drives the three founders of RTFKT, it’s that the digital signifiers we use to broadcast our identities, tastes, social status and other traits are just as important as the physical ones.
“The vision has always been that in the future all your digital possessions will be a lot more valuable to you than your physical possessions, and that means both economically and emotionally,” Benoit Pagotto (RTFKT) said.
The point is to make all releases going forward interoperable, meaning they can be worn by a CloneX, displayed in the space pod or used in some other way with previous RTFKT items. Vasilev (RTFKT) said the next phase they’re moving into is “building full ecosystems and different units where everything will interlink.”
In doing so, RTFKT allows its fans to combine its products in different ways, involving them in building its mini-universe. Items like the Nike CryptoKicks are also AR-enabled, so parts of that universe can be overlaid on the real world.
For RTFKT and Nike, sneaker NFTs are just the start. What RTFKT is really trying to do is construct the metaverse, step by step, by encouraging its audience to use its products as the building blocks.
It arguably makes RTFKT a new kind of brand — one poised somewhere between the currents of fashion, crypto and gaming, and well-positioned to capitalise on the growing confluence of the three.
If there’s one belief that unites and drives the three founders of RTFKT, it’s that the digital signifiers we use to broadcast our identities, tastes, social status and other traits are just as important as the physical ones.
“The vision has always been that in the future all your digital possessions will be a lot more valuable to you than your physical possessions, and that means both economically and emotionally,” Benoit Pagotto (RTFKT) said.
The point is to make all releases going forward interoperable, meaning they can be worn by a CloneX, displayed in the space pod or used in some other way with previous RTFKT items. Vasilev (RTFKT) said the next phase they’re moving into is “building full ecosystems and different units where everything will interlink.”
In doing so, RTFKT allows its fans to combine its products in different ways, involving them in building its mini-universe. Items like the Nike CryptoKicks are also AR-enabled, so parts of that universe can be overlaid on the real world.
Bored Ape Yacht Club’s ApeCoin,
has seen a price spike over the past 24 hours as the ApeDAO community votes on several proposals.
APE spiked late last night, hitting a price of nearly $27. Since then, the token has shed some of those gains and is now trading hands at just under $22.
Decrypt
has seen a price spike over the past 24 hours as the ApeDAO community votes on several proposals.
APE spiked late last night, hitting a price of nearly $27. Since then, the token has shed some of those gains and is now trading hands at just under $22.
Decrypt
NonFungible's NFT Market Report Q1 2022 is out now.
The general public seems to be losing interest in NFTs, if the search volume on Google is to be believed. Collectibles are the predominant segment in the industry, far ahead of Art or even the Metaverses.
The resale profit volume is down 3% while the total loss volume is up nearly 50% compared to the previous quarter.
For the first time, some segments show a negative balance: Gaming shows a total loss of almost $50 million on the segment, which makes it the least profitable segment of the industry from a trading point of view.
The full report is available here ⬅️
The general public seems to be losing interest in NFTs, if the search volume on Google is to be believed. Collectibles are the predominant segment in the industry, far ahead of Art or even the Metaverses.
The resale profit volume is down 3% while the total loss volume is up nearly 50% compared to the previous quarter.
For the first time, some segments show a negative balance: Gaming shows a total loss of almost $50 million on the segment, which makes it the least profitable segment of the industry from a trading point of view.
The full report is available here ⬅️
What is OTHERSIDE?
Everything to know about the new Bored Apes project.
With Otherside Metaverse, Yuga Labs, the company behind BAYC, expressed a desire to “build something that expands the universe of the BAYC, but also invites the larger NFT community (and those priced out of BAYC membership) to join.”
Otherside is a MMORPG (Massively Multiplayer Online Role-Playing Game) connected to the BAYC ecosystem. The forthcoming game will also offer an interoperable experience that also includes prominent NFT collections like Cool Cats, World of Women, CrypToadz, and more.
On April 30 at 9 p.m. ET, 55,000 parcels of Otherside land, called “Otherdeeds,” will be made available for purchase. The cost of each Otherdeed will be 305 $APE. With $APE currently valued at around $20 – $24, each Otherdeed will likely cost somewhere between $6,000 and $7,300 at the time of mint.
NFT NOW
Everything to know about the new Bored Apes project.
With Otherside Metaverse, Yuga Labs, the company behind BAYC, expressed a desire to “build something that expands the universe of the BAYC, but also invites the larger NFT community (and those priced out of BAYC membership) to join.”
Otherside is a MMORPG (Massively Multiplayer Online Role-Playing Game) connected to the BAYC ecosystem. The forthcoming game will also offer an interoperable experience that also includes prominent NFT collections like Cool Cats, World of Women, CrypToadz, and more.
On April 30 at 9 p.m. ET, 55,000 parcels of Otherside land, called “Otherdeeds,” will be made available for purchase. The cost of each Otherdeed will be 305 $APE. With $APE currently valued at around $20 – $24, each Otherdeed will likely cost somewhere between $6,000 and $7,300 at the time of mint.
NFT NOW
BoF Professional Summit: New Frontiers in Fashion and Technology.
🗓Save the date
Wednesday May 4, 2022 - The Times Center, New York.
Limited tickets are available to attend in person in New York — or join the global livestream 🌐
🗓Save the date
Wednesday May 4, 2022 - The Times Center, New York.
Limited tickets are available to attend in person in New York — or join the global livestream 🌐
Live-To-Earn is even easier than Play-To-Earn. Kooola Metaverse is for the laziest of earners.
Users can buy a ticket for the virtual concert for 10 BIT (~ $12) at Bybit, but during the concert they receive a possibility to earn.
Users can collect the dropping fragments in the KnowKnow concert while enjoying music and partying with other users. Every time collecting 10 fragments, users will be able to get a mystery box. There will be NFT and REAL tokens inside the mystery box, valued from 2–75 REAL (around 10–375 USDT), which means users will be able to get back within about 1 week!
The concert will be held each hour, while the fragments would also be renewed! 160 fragments would be available for grab in each concert, users can continuously collect fragments to win incentives.
Realy
Users can buy a ticket for the virtual concert for 10 BIT (~ $12) at Bybit, but during the concert they receive a possibility to earn.
Users can collect the dropping fragments in the KnowKnow concert while enjoying music and partying with other users. Every time collecting 10 fragments, users will be able to get a mystery box. There will be NFT and REAL tokens inside the mystery box, valued from 2–75 REAL (around 10–375 USDT), which means users will be able to get back within about 1 week!
The concert will be held each hour, while the fragments would also be renewed! 160 fragments would be available for grab in each concert, users can continuously collect fragments to win incentives.
Realy
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Daniel Arsham – the US artist best known for his IRL eroded sculptures: classical statues, cartoon characters cast in bronze, and “future relics” – branched out into NFTs in 2021 with a dynamic digital sculpture noscriptd Eroding and Reforming Bust of Rome (One Year). “I think it remains to be seen how revolutionary certain NFT projects will be,” he tells Dazed. “I frankly think a lot of them are going to zero, in terms of value.”
Using the smart contract that assigns ownership of an NFT, for example, Arsham coded Eroding and Reforming Bust of Rome (One Year) to change over time; as suggested by the noscript, the bust deteriorates over the course of a single year, before reforming to start the cycle once more.
Arsham: I think one of the things that NFTs do very well, that the art world and the art market don’t do particularly well, is create community. People can gather around a specific idea and be part of something and [the NFT can] give them immediate access to other content.
READ THE FULL INTERVIEW ON DAZED
Using the smart contract that assigns ownership of an NFT, for example, Arsham coded Eroding and Reforming Bust of Rome (One Year) to change over time; as suggested by the noscript, the bust deteriorates over the course of a single year, before reforming to start the cycle once more.
Arsham: I think one of the things that NFTs do very well, that the art world and the art market don’t do particularly well, is create community. People can gather around a specific idea and be part of something and [the NFT can] give them immediate access to other content.
READ THE FULL INTERVIEW ON DAZED
I see EPOCH exhibitions as an allegory of the events of the past two years, so in a way, by acquiring an EPOCH NFT you become a participant in a model attempting to circumvent systemic structures while becoming a custodian of a cultural time capsule - Peter Wu+
CHECK OUT THE INTERVIEW WITH PETER WU+
TO KNOW MORE ABOUT THE EPOCH'S VIRTUAL EXHIBITIONS, AND PHILOSOPHY THAT DRIVES IT.
CHECK OUT THE INTERVIEW WITH PETER WU+
TO KNOW MORE ABOUT THE EPOCH'S VIRTUAL EXHIBITIONS, AND PHILOSOPHY THAT DRIVES IT.
Nike VS StockX battle is still on.
This week, the sneaker giant attacked the resale marketplace’s core promise to customers that it only sells brand new, authentic products, alleging in a request to amend a previously filed lawsuit that it obtained four pairs of counterfeit Nikes on StockX.
StockX responded with a statement saying Nike’s own brand protection team has expressed confidence in its authentication and that many Nike employees, executives included, buy and sell on StockX.
But the real battle between the companies isn’t about physical fakes. It’s about Nike’s efforts to protect its IP in the digital world. The target of its original lawsuit, filed in February, is StockX’s sneaker NFTs, which Nike claims infringe on its trademarks. StockX says the tokens are not virtual goods but digital listings used to track ownership of physical sneakers that are stored by the platform but can be bought and sold as part of its new Vault NFT programme.
Marc Bain for BoF
This week, the sneaker giant attacked the resale marketplace’s core promise to customers that it only sells brand new, authentic products, alleging in a request to amend a previously filed lawsuit that it obtained four pairs of counterfeit Nikes on StockX.
StockX responded with a statement saying Nike’s own brand protection team has expressed confidence in its authentication and that many Nike employees, executives included, buy and sell on StockX.
But the real battle between the companies isn’t about physical fakes. It’s about Nike’s efforts to protect its IP in the digital world. The target of its original lawsuit, filed in February, is StockX’s sneaker NFTs, which Nike claims infringe on its trademarks. StockX says the tokens are not virtual goods but digital listings used to track ownership of physical sneakers that are stored by the platform but can be bought and sold as part of its new Vault NFT programme.
Marc Bain for BoF