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Here is a roundup of the top crypto stories you may have missed.
Plaintiffs accuse Nike of promoting unregistered securities. NFTs linked to RTFKT fell from $8,000 to $16 after closure. Lawsuit highlights legal uncertainty around NFTs as securities. Nike is facing a $5 million class-action lawsuit that claims the company misled investors by promoting non-fungible tokens (NFTs) tied to its RTFKT platform before abruptly shutting it down. […]
The post Nike sued for $5 million over RTFKT NFTs: check key details appeared first on CoinJournal.
Nike’s new NFT collection has led to many community members growing frustrated while it garners $1 million.
Despite delays and technical challenges that impeded the user experience, Nike has sold over $1 million of its first non-fungible
Nike is launching the OF1 Boxes through a General Access sale. Act quickly to secure one of the 83,870 available units, as demand is high.
Nike is crafting a unique integration strategy. Let's take a look at this Nike's Web3 Strategy article in more detail.
The goal of introducing generative artificial intelligence tools by the two tech firms isn’t to replace humans but to help them.
Polygon, the world’s largest blockchain ecosystem, has published a proposal to upgrade the Polygon PoS to a zkEVM validium. It
Porsche’s first foray into NFTs appears to have flopped after recording underwhelming sales and was heavily criticized by the community.
Nike RTFKT COO Nikhil Gopalani said on January 3 that he lost all his NFTs to a “clever phisher” who hacked his wallet.
The post RTFKT COO loses NFTs worth $170K to phishing attack appeared first on CryptoSlate.
The crypto trading firm sees NFTs becoming more intertwined with brand IP, while Web3 apps with "real world utility" gain traction.
Prominent fashion brands ventured into Web3 in 2022, as dressing your virtual twin becomes conventional.
Continue reading TOP 5 Fashion Brands That Had A Moment Of Shine In Web3 at DailyCoin.com.
Prominent fashion brands ventured into Web3 in 2022, as dressing your virtual twin becomes conventional.
Continue reading TOP 5 Fashion Brands Trailblazing in Web3 at DailyCoin.com.
Finally, crypto enthusiasts in the United States can try on real-life crypto kicks inspired by the futuristic Nike Mag.
SWOOSH is still in beta, users will need an access code to register and create a SWOOSH ID. This article is all about the Nike Swoosh.
2022 is the year that belongs to Polygon. When the market was taking a beating throughout the year, there was one blockchain company that kept working and helped reach web 3.0 among masses. As per Dune Analytics, Polygon has now more than 1.5Million wallets and majority of them got added in the last 12 months, […]
Nike, the world’s largest athletic apparel company hopes to intensify it with the introduction of a new platform .SWOOSH. The
A one-of-a-kind NFT of the Birkenstocks sandals worn by Apple co-founder Steve Jobs at various times during his life has sold for over $200,000.
NFT projects have showcased to be profitable for some of the biggest brands out there, including Nike, Gucci, Dolce & Gabbana, Adidas, and Tiffany, who together have gained $260 million worth of sales.
This is based on data from Dune Analytics, which was first reported by NFTGators.
Nike's NFT-related projects have made over $185M in revenue, positioning it as the biggest earning brand from NFTs.@DuneAnalytics dashboard by @nlevine19. pic.twitter.com/UDD90kz8Af
— NFTgators ?? (@NFTgators) August 22, 2022On the secondary market, Nike’s NFTs are approaching a value of $1.3 billion. This has spiked an interest in the NFT sphere for new investors.
ApeCoin (APE/USD), Gala (GALA/USD), STEPN (GMT/USD), Axie Infinity (AXS/USD), and WAX (WAXP/USD) are some of the best non-fungible token (NFT) project tokens that you can get in August.
Should you buy ApeCoin (APE)?On August 24, 2022, ApeCoin (APE) had a value of $5.431.
The all-time high of ApeCoin (APE) was on April 28, 2022, when it reached a value of $26.70.
Looking at its performance throughout the previous month, ApeCoin (APE) had its lowest point of value on July 13 at $4.2095. Its highest point was on July 31 at $7.1793.
Here we can see that it increased in value by $2.9698 or by 70%. With this in mind, investors might want to buy APE due to the fact that it can climb to $8 by the end of August.
Should you buy Gala (GALA)?On August 24, 2022, Gala (GALA) had a value of $0.05507.
Going over its all-time high, Gala (GALA) was on November 26, 2021, when it reached a value of $0.824837.
Looking at how the token performed throughout the previous month, its lowest point was on July 13 at $0.04549. Its highest point was on July 31 at $0.06264. Here we can see an increase of $0.01715 or 37%.
With this in mind, investors might be interested in buying GALA as it can reach $0.08 by the end of August 2022.
Should you buy STEPN (GMT)?On August 24, 2022, STEPN (GMT) had a value of $0.7893.
Looking at the cryptocurrency’s all-time high, STEPN (GMT) was on April 28, 2022, when it reached a value of $4.11.
When we take a look at its performance in June, Stepn (GMT) had its lowest point of value on July 2 at $0.773; however, the token’s highest point of value, however, was on July 19 at $1.1331.
This marked an increase of $0.3595 or 46%, and with this in mind, investors might want to buy GMT as it can reach $1.2 by the end of August.
Should you buy Axie Infinity (AXS)?On August 24, 2022, Axie Infinity (AXS) had a value of $14.63.
When we take a look at its all-time high, Axie Infinity (AXS) was on November 6, 2021, when it reached a value of $164.90.
Going over its performance in June, the cryptocurrency had its lowest point of value on July 13 at $12.54. Its highest point was on July 30 at $19.95.
Here we can see that the cryptocurrency increased in value by $7.41 or by 59%.
Investors might be interested in buying AXS, as it can climb in value to $20 by the end of August 2022.
Should you buy WAX (WAXP)?On August 24, 2022, WAX (WAXP) had a value of $0.10183.
Going over its all-time high, WAX (WAXP) reached its ATH on January 9, 2018, at a value of $2.77.
When we take a look at how it performed throughout the previous month, its lowest point was on July 13 at $0.08903. Its highest point was on July 31 at $0.1109.
Here we can see an increase in value of $0.02187 or by 24%. With this in mind, buying WAXP can be a solid choice, as it can increase to $0.18 by the end of August.
The post Brands like Nike and Gucci made $260M in NFTs, which projects should you get to get started? appeared first on Invezz.
While many top brands try to capitalize on the NFT market, Nike just did it.
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