Business News Report
December 06, 2022

RTFKT community disappointed with the Cryptokicks US-only release

In Brief

RTFKT announces the release of Cryptokicks

The company will only ship the IRL sneakers to U.S.-based holders

The community is unhappy and the Clone X NFT collection’s floor price falls to 5.9 ETH

RTFKT community disappointed with the Cryptokicks US-only release

Yesterday RTFKT, the creator-led studio that became a Nike subsidiary in December 2021, announced the release of Cryptokicks. However, there’s a catch—only U.S.-based folks can actually make the purchase.

Cryptokicks are Nike and RTFKT’s futuristic physical shoes. The companies call them the first “true” web3 sneakers, as the items feature incrusted WM chips that allow holders to receive access to linked authenticated Artefact NFTs. 

The IRL kicks also have various futuristic features: customizable lighting, gesture control, auto-lacing, haptic feedback, walk detection, and app connectivity. Owners can even charge Cryptokicks in a wireless mode using the RTFKT Powerdeck.

Cryptokicks IRL “BLACKOUT” is the least expensive model from the collection, with a price tag of 0.34 ETH for Lace Engine Holders and 0.44 ETH for the general public. The futuristic-styled neon-and-black Cryptokicks IRL “SPACE MATTER” is the most pricey model, going for 0.76 ETH for the community and 1.02 ETH for the general public. Individuals wishing to purchase one of the pairs can draw public registrations through December 9. Private mint starts on December 12, while the public mint goes live on December 14. 

Despite the impressiveness of the product, the community is unhappy with RTFKT. After the official announcement release, RTFKT shared that only U.S.-based holders can receive the sneakers. 

Following the announcement, the floor price of Clone X NFTs decreased from 7.3 ETH (approximately $9,125 at the time of writing) on December 5 to 5.9 ETH (approximately $7,375 at the time of writing) on December 6. 

Will the company change its politics and try to ship Cryptokicks worldwide in order to save its community? Time will show. 

Tags:

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related. Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities. You can contact her at [email protected]

More articles
Valeria Goncharenko
Valeria Goncharenko

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related. Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities. You can contact her at [email protected]

Hot Stories
Join Our Newsletter.
Latest News

The Calm Before The Solana Storm: What Charts, Whales, And On-Chain Signals Are Saying Now

Solana has demonstrated strong performance, driven by increasing adoption, institutional interest, and key partnerships, while facing potential ...

Know More

Crypto In April 2025: Key Trends, Shifts, And What Comes Next

In April 2025, the crypto space focused on strengthening core infrastructure, with Ethereum preparing for the Pectra ...

Know More
Read More
Read more
The Future Of AI Agents: Innovation, Challenges, And Opportunities
Hack Seasons News Report Technology
The Future Of AI Agents: Innovation, Challenges, And Opportunities
May 9, 2025
Adidas, Binance, And Coinbase: Major Crypto Partnerships Of May 2025
News Report Technology
Adidas, Binance, And Coinbase: Major Crypto Partnerships Of May 2025
May 9, 2025
Gate.io Releases Latest Proof Of Reserves Report, Reports $10.87B In Total Assets And $2.42B In Excess Reserves
News Report Technology
Gate.io Releases Latest Proof Of Reserves Report, Reports $10.87B In Total Assets And $2.42B In Excess Reserves
May 9, 2025
How STON.fi’s Omniston is Making DeFi Simpler — and What’s Coming Next
Interview Business Markets Technology
How STON.fi’s Omniston is Making DeFi Simpler — and What’s Coming Next
May 9, 2025