Nike and RTFKT Studio presented the first collection of immutable tokens on the Ethereum blockchain. The digital sneaker is inspired by the Nike Dunk silhouette.

In February 2022, the MNLTH-NFT airdrop in Mystery Boxes format took place between the owners of CloneX project tokens and other RTFKT collections. A few months later, the owners of the latter were allowed to open their “boxes”.

Users said that inside the Mystery Box are a pair of RTFKT x Nike Dunk Genesis CRYPTOKICKS, a Skin Vial digital item needed to replace the NFT, and another MNLTH.

Some holders of the new NFTs have already listed the tokens on the OpenSea market – prices for digital sneakers start at 3.25 ETH (~$9600).

In December 2021, Nike acquired RTFKT, the NFT studio specializing in creating metaverse collections. The parties did not disclose the terms of the agreement.

Recall that in February 2022, Nike sued online retailer StockX for the unauthorized sale of sneaker images in NFT format.