NFTs create a more frictionless experience for collectors, says RTFKT co-founder
Cointelegraph spoke with Steven Vasilev, the co-founder of RTFKT to learn more about how NFCs and NFTs can be used together to create better user experiences. As brands focus on building new use cases during the bear market, a team has come up with combining nonfungible tokens (NFTs) and near-field communication (NFC) chips to enhance the experience of their users. In an interview with Cointelegraph's Alyssa Exposito, RTFKT co-founder Steven Vasilev shared insights from their experience in creating RTFKT and gave thoughts on how they are creating an ecosystem of authenticity through NFTs....
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The company enables artists and collectors to create, purchase and resell NFTs via blockchain-enabled transactions. eBay, an e-commerce giant, has announced the acquisition KnownOrigin, a nonfungible token (NFT) marketplace that will help the e-commerce company foray further into the world of blockchain technology and digital collectibles.According to a press release on Wednesday, Manchester-based KnownOrigin has been purchased for an undisclosed amount. The firm enables artists and collectors to create, purchase and resell NFTs via blockchain-enabled transactions. KnownOrigin co-founder....
The secret behind CloneX is Takashi Murakami and the RTFKT team, that’s the short answer. The NFT collection is the result of the once-secret collaboration between the legendary Japanese artist and the experts in creating virtual sneakers. Steven Vasilev, Chris Le, and Benoit Pagotto founded RTFKT, which reads “Artifact,” in 2020. The CloneX public sale took place in the last days of November 2021. These people work fast. The goal of the Ethereum-based CloneX collection is quite simple, to serve as avatars in the metaverse. These NFTs aren’t merely profile pictures. Through the upcoming....
The NFT ecosystem is one of the most competitive in the blockchain industry, yet innovative projects always find a way to stand out from the crowd. One of such is Wall Street Chads which has grabbed the attention of collectors, crypto traders and NFT enthusiasts since its launch in July 2021. Wall Street Chads is an NFT project that has created the first-ever decentralized community-run investment platform. NFT lovers and crypto enthusiasts can experience a seamless, frictionless and social community investing experience powered by Chads NFTs. 3,333 Chads NFTs sold out Wall Street Chads....
The new RTFKT acquisition confirms Nike’s interest in being a prominent contributor to the virtual world of the metaverse. Sportswear manufacturer Nike announced the acquisition of virtual sneakers and collectibles brand RTFKT. Nike becomes the biggest U.S.-based athletic products manufacturer through this partnership to join the metaverse bandwagon. A Cointelegraph report from Nov. 02 highlighted Nike's submission of requests for patenting the words — namesake, swoosh logo and just do it — for use online and in online virtual worlds." The filing was accompanied by two new job postings for....
Since the dawn of time, art has been relatively subjective and yet one of the most prized possessions for humans. Whether they are paintings or sculptures, books or vinyl records, owning art as opposed to consuming art is viewed as astute and royal. Psychologically, it gives the owner a feeling of power to own a unique and rare art piece, and thus from exclusive painting exhibitions to limited book sales, people generally storm in with the hopes of getting involved. For years, exhibitions have been an essential source of selling paintings or sculptures to the end-users. However, the new....