RTFKT, the NFT shoe and avatar creator acquired by Nike in 2021, has announced that it will be closing its doors in January 2025. But don’t be sad just yet, because they will release their final collection, MNLTH X, with the BLADE DROP as an epic farewell!
RTFKT is known as a pioneer of digital culture, combining sneaker lifestyle, gaming, digital fashion, and Web3 technology. Collaborations with artist Takashi Murakami and digital shoes that turned physical are just a few of their achievements.
Founded in 2020, RTFKT quickly rose to fame with the backing of investors like Andreessen Horowitz. However, the cooling market forced them to end their journey.
What do you think about this closure? Let’s discuss in the comments column! 🚀