Nike Faces Lawsuit From Its NFT Customers Due to 'Rug Pull' According to a new report by Reuters, a group of former customers who bought NFTs from Nike are now suing the company for the abrupt ...

Each NFT was priced at $19.82 – a tribute to the year the Air Force 1 sneaker was first released – indicating that Nike has raked in about $1.3 million from sales so far, though the sale is ...

As Nike’s lawsuit against StockX over NFT-related trademark infringement and alleged counterfeit goods approaches trial, the companies are engaged in a dispute over evidence.

Electronic Arts and Nike have formed a new partnership, which will see "virtual creations" from Nike's Swoosh Web3 platform added to several future EA Sports games. Although the specific acronym ...

Nike By Demi Lawrence – Staff Reporter, Portland Business Journal Dec 3, 2024 Preview this article 1 min ...

Nike has been strangely reluctant to refer to its own blockchain-based digital collectibles as NFTs, despite having acquired RTFKT — a popular NFT studio that specializes in virtual sneakers ...

I guess Nike may have used this mode to create a game. Two years ago, Nike also created a game on ROBLOX, but it was not combined with NFT [s] at that time,” noted one Twitter user.

Nike, never one to pass up a cynical corporate cash-in, obviously made its own "web3" platform last year, debuting the .Swoosh "digital community experience" in November and selling a bunch of ...

News NFT Purchasers Sue Nike Over Alleged Crypto Scam “In the Nike case, the plaintiffs’ allegations of an unregistered securities violation and deceptive practices might not have had the same ...

Bessemer Venture Partners has invested in the NFT marketplace OWND, which it found through its DAO. ONWD's founders, ages 18 and 21, met as high schoolers in Denmark. Now they've raised $750,000.

Separately, earlier this year, Nike launched an NFT and metaverse platform, .Swoosh, which will allow shoe fanatics to trade and create digital “wearables and virtual sneakers.” ...