How Nike Made $185 Million From NFTs

How Nike Made $185 Million From NFTs. What is an NFT and how does it work? How did Nike make money from NFTs? What is Dolce & Gabbana NFT? What is Tiffany Cryptopunks collection? Who is RTFKT? In NFT News Today, Nike & RTFKT have combined to launch CryptoKicks which has generated in excess of $185 million from Nike NFTs. Nike's NFT Art Gallery includes 20,000 pairs of virtual sneakers that can be worn in the Metaverse and owned through NFTs or Non Fungible Tokens. But What is an NFT and how does it work? An NFT is a cryptographic asset on a blockchain with unique identification codes and metadata that distinguish it from the rest. In simple terms, you can own a digital item. NFTs explained for beginners. For Nike though, NFT revenue only represents 0.3% of their total annual revenue, meaning that the Nike NFT collection has a long way to go. What other upcoming NFT projects are you interested in?
But how did Nike make $185 Million from NFTs?

Here's How It Happened.

#nike
#NikeNFT
#howithappened

► FTC Legal Disclaimer - Some links found in the description box of our videos may be affiliate links, meaning we may receive a small commission on sales you make through the link. This is at no extra cost to you to use our links/codes, it's just one more way to support us and our channel! :)

[thelekevire]

Hey guys love your videos! Especially this one. Suggestion, can you please do a video about the rise and fall of SymbianOS? Thanks!

[sondavid]

It< makes sense, BTC and crypto is off helping to regulate, rather than pretend it won't ever happen. The big institutions getting in is the catalyst that will launch us into the stratosphere. Most people don't like change but after the change is made they grow used to it and it becomes a non issue usually because their fears never materialize. The projects that initiated the process of regulation have not been ruined, they got involved in setting guidelines and helping the regulators understand the crypto space. I’d get involved more knowing that I have made over 7 BTC and 15ETH from day-trade with Alice Crypto in few weeks.