Nike, a titan of industry, stumbled. Hard. Their RTFKT NFT initiative, hailed a few months ago as a bold new step into the metaverse. Now, Tether is defending itself against a major class-action lawsuit for allegedly listing unregistered securities. You might be thinking, "So what? Another NFT project bites the...
Nike’s introduction to the NFT space through its RTFKT project has turned on a dime. This expedition to Web3 serves as a reminder for all because of how unpredictable this space can be and points out just how important customer trust is. The athletic giant's foray into digital assets, once...
Nike’s abrupt exit from the RTFKT NFT venture definitely gives a loud message. It’s not a small issue, but rather a massive red flag for any brand looking to make a move into Web3. The last time I heard that word, I remember having bought a “revolutionary” juicer that was...
Nike is now on the defense in a class-action lawsuit brought against it by the owners of RTFKT NFTs, accusing it of making empty promises. This ongoing legal battle highlights the challenges that brands face in the often chaotic NFT landscape. After a brief and massive boom, this highly speculative...
STEPN, the popular move-to-earn app, is making a big bet on Argentina. Their partnership with the AFA to release NFT sneakers underscores Coupang’s future-forward ambitions. This move is particularly notable given that Nike recently withdrew from the NFT sneaker market because it was not profitable. Indeed you might wonder what’s...
I'm not surprised. Honestly, none of us should be. Nike's recent NFT debacle, culminating in a class-action lawsuit, is a textbook case of what happens when centralized control tries to squeeze itself into a decentralized world. I’ve spent my life advocating for youth as digital entrepreneurs. I view this experience...
Nike’s NFTarm has been hit with a new class action lawsuit over the Nike-related RTFKT NFT venture. One Australian customer is at the forefront, accusing RTFKT of misleading conduct and over $1M AUD in damages since closing RTFKT. The crux of the argument? These NFTs were actually unregistered securities.Is it...
The NFT space is beginning to see the other shoe drop in terms of legal enforcement. A recent lawsuit against Nike, following its closure of RTFKT, highlights the potential pitfalls and legal complexities surrounding these digital assets. This situation raises critical questions about the nature of NFTs, their value, and...
Nike is now defending itself in a lawsuit arising from its announcement to close its non-fungible token (NFT) platform. The suit became known through an unnamed report published on the Ministry of Sport ministry website.Our exclusive online home, courtesy of the Ministry of Sport, gives you access to case-studies, articles,...
The numbers don't lie. Nike’s initial foray into the NFT space sounded fairly good on paper when they claimed RTFKT. Today, it looks less like a slam dunk and more like an expensive fumble. That’s what we’re describing as a 99.8% value crash in their virtual sneakers NFTs. From roughly...
Today, Tezos is taking a larger role as a leader in the Web3 revolution. It offers artists, gamers and sports organizations an unparalleled platform to explore the transformative potential of blockchain technology. FearlessToken.com dives deep into the heart of digital creativity. It follows the NFT royalty wars, showcases audacious generative...
When you hear “blockchain,” are you picturing Bitcoin’s volatile market fluctuations. Or maybe a million-dollar Bored Ape JPEG. And sure, Tezos does do NFTs. But trying to pigeonhole it as simply “blockchain art” is like calling the internet a glorified email network. It's missing the whole point. It's a fundamental...
The NFT space promised a revolution for artists, a direct line to their fans, and a fair cut of future sales through royalties. To be fair, let’s acknowledge that the world in practice is chaotic. Royalties are so broken that artists are literally getting robbed. So let’s cut the shit...
The healthcare supply chain. A mess, right? We've all heard the horror stories: counterfeit drugs flooding the market, essential medications stuck in transit, and mountains of waste due to inefficient tracking. It’s not simply annoying, it’s life-threatening—and quite honestly, maddening. What if I told you that the same technology powering...
If we’re truthful with ourselves. You probably have a lot less control over how your health data is used than you do over the ads that appear on your Facebook timeline. Think about it: your medical records are scattered across doctor's offices, hospitals, insurance companies, and research institutions. Who really...
Ethereum, the second-largest cryptocurrency by market cap, is the foundational bedrock of this new decentralized digital world. Its price volatility sends shockwaves through the entire cryptocurrency ecosystem, affecting developers and entrepreneurs to new businesses and users. Ethereum is an open source decentralized platform that allows developers to build and deploy...
The intersection of healthcare and Non-Fungible Tokens (NFTs) may still be new and developing, but it’s full of possibilities. FearlessToken.com dives into this emerging market, cutting through the hype to deliver a clear picture of its current state and future potential. As you can see, the NFT in Healthcare Market...
We're all watching the charts, aren't we? Staring at ETH price, trying to guess what’s the next PEMDAS that makes it go up, murmuring sweet nothings about institution money. With all of this jubilation, a far more significant question remains – a question that most everyone is afraid to ask....
