
CloneX's Failure: 3 Reasons Why Centralization Kills Web3 Dreams
CloneX. An incubation between RTFKT Studios (now under Nike’s enormous wing) and legendary artist Takashi Murakami. Remember the hype? The metaverse avatars, digital drip, and a future dripping with digital ownership reeks of straight capitalism. It all came crashing down. Why? Because CloneX, despite its Web3 aspirations, made a fundamental...