Nike's RTFKT announced that it will end its Web3 service operations in January 2025. Since its establishment in 2020, the project has been known for its 'digital shoes' and virtual goods in collaboration with brands. In 2021, RTFKT was acquired by Nike to expand its influence in the virtual world. Although the project is shutting down, its Ethereum-based tokens will still be available. Additionally, RTFKT plans to launch an updated website before the transition, featuring BLADE DROP in MNLTH X, which will be released this December. (TheBlock)