PANews reported on December 3 that Nike's NFT project RTFKT officially announced plans to gradually cease operations. According to the statement:
All web3 services will be shut down by the end of January 2025
An updated website will be launched to showcase RTFKT's groundbreaking work
The final innovative project, MNLTH X, featuring the BLADE DROP series, will be released in December
Since its establishment, RTFKT has launched the Clone X series in collaboration with Takashi Murakami and projects that realize digital sneakers in physical form. The project stated that although operations will end, the innovative spirit represented by RTFKT will continue to exist through the creators and projects it has inspired. Specific information regarding collections and services will be communicated through the official Discord and other channels.
