Issue #79

In the issue ahead, TLDR:

👟 The Latest Cryptokicks iRL from RTFKT x Nike
⚖️ Nike Sues Designers Kool Kiy and Omi
💰 Fanatics Is Now Valued at $31 Billion
🎉 Arena Club Raises New $10 Million in Funding
🃏 Another Mickey Mantle Card Sells for a Record $3 Million
📢 Scottie Pippen Releases NFT Sneakers

Featured Ideas Piece:

Launching Self-Lacing Sneakers and Satisfying Web3 Communities

This week, RTFKT officially announced the launch of Cryptokicks iRL, “the first native Web3 sneaker.” This is a drop of digital sneakers sold as NFTs that can then be redeemed as physical sneakers, with only 19,000 Cryptokicks iRL available. The shoes feature new self-lacing technology that automatically adjusts to a comfortable fit around your feet.

However, the rollout of the shoe featured complications that frustrated members of the RTFKT community. The Cryptokicks iRL release provides us with a lot of lessons.

Podcast Episode

🎧 Kudz Taziva | Social Crucifixion | Allowing Creators to Own Their Narrative

Kudz Taziba is the co-founder and CEO of Social Crucifixion, a digital media startup focused on the ownership economy. The Hollywood based company believes that creative justice and economic empowerment is the path to freedom, offering services to creators allowing them to own their narrative, leveraging some of the tools and happenings in the digital frontiers.

Watch on YouTube
Listen on Spotify
Listen on Apple Podcasts

The Latest in Collectible Neus

The Latest Cryptokicks iRL from RTFKT x Nike

The new RTFKT x Nike project called “Cryptokicks iRL” will be the first ever Web3 designed sneakers launched in real life, inspired by the self-lacing Nike MAGs and coming with corresponding NFTs.

Nike Sues Designers Kool Kiy and Omi

Nike has filed a lawsuit against two sneaker designers, Kool Kiy and Omi for manufacturing, advertising and selling sneakers that bear a striking resemblance to Air Jordan 1s and Dunks.

Fanatics Is Now Valued at $31 Billion

Sports collectibles company Fanatics have raised a new $700 Million round of funding at a valuation of $31 Billion.

Arena Club Raises New $10 Million in Funding

Trading card platform Arena Club has raised a Series A fundraising round of $10 Million in order to grow the platform.

Another Mickey Mantle Card Sells for a Record $3 Million

A new record has been set for the first Mickey Mantle trading card ever issued, which sold for $3,192,000 through Memory Lane’s Fall Rarities Auction.

Scottie Pippen Releases NFT Sneakers

NBA legend Scottie Pippen is releasing 1000 pairs of the “SP33” digital sneaker NFTs in collaboration with Web3 entertainment company Orange Comet.

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