What's In Your Wallet

Nike NFT Platform Contains Steve Jobs’ $200K Sandals, And More

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Nike’s Dot Swoosh platform has arrived.

Nike has announced the establishment of an NFT marketplace called .Swoosh, is its latest push into the nonfungible token (NFT) and metaverse space.

While .Swoosh is currently in beta, Nike revealed that their “first digital collection” will premiere on the Web3 platform in 2023, with the remainder of 2022 focused on platform and user growth.

Digital footwear, apparel, accessories, and other collectibles are among the “virtual creations” that will be available next year. Furthermore, some will grant access to real-world products and activities.

Following the release of the first collection, members can participate in a community competition to earn the chance to co-create a virtual product with Nike.

According to Nike, the challenge winners will be paid an unknown sum of royalties on the virtual product they helped co-create.

Nike Virtual Studios’ general manager, Ron Faris, stated.

The Swoosh platform provides a “portal into a new digital arena,” according to Nike’s Twitter post, and it will assist “onboard the next millions” into the “great world of web3 and digital assets.”

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“We are defining the future marketplace with an accessible platform for the web3-curious,” he continued.

Nike entered the metaverse business in 2021 when it acquired the virtual footwear and collectibles firm RTFKT. Nikeland, a virtual environment, was also launched.

SWOOSH employs comparable tools and technology, but the three initiatives are distinct for the organization.

Steve Jobs’ NFT sandals are up for auction.

A one-of-a-kind NFT of the Birkenstock sandals worn by Apple co-founder Steve Jobs at various points in his life was sold at auction for $218,750.

Julien’s Auctions held the auction from November 11 to November 13, with 19 persons bidding on the footwear with bids ranging from $15,000 to $175,000.

The transaction included an NFT with a 360° digital depiction of Steve Jobs’ sandals, which was minted on the Polygon blockchain.

The NFT is a one-of-a-kind version that includes real sandals that bear the “imprint of Steve Jobs’ feet.” It also included a protective case for storage and transit, as well as a book by Jean Pigozzi titled The 213 Most Important Men in My Life.

The sandals and NFT were expected to sell for between $60,000 and $80,000, but after 19 bids, the sandals sold for $218,750. The new owner of the sandal NFT has not been made public.

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In 1976, Jobs and Steve Wozniak co-founded Apple. Jobs died in 2011 from pancreatic cancer.

India’s first airport metaverse takes flight.

Metaport, a metaverse airport built on the Polygon blockchain, has been established by Bangalore International Airport.

The metaverse, which was inaugurated on November 11 by Indian Prime Minister Narendra Modi, comprises a virtual recreation of Terminal 2 at Bangalore International Airport and allows users to network with other travelers, enjoy entertainment, and purchase in the digital area.

Arpit Sharma, Polygon’s vice president of enterprise, posted a video demonstrating Metaport in action on November 12.

A user checks into the Metaverse airport customizes their avatar’s appearance and attire and then explores the virtual world in the video.

The avatar interacts with numerous other users via text-based discussion, goes on an art tour, and has the opportunity to purchase digital products before being prompted to leave the metaverse by a boarding call.

The project is the result of a collaboration between Bangalore International Airport, Polygon, Intel, and Amazon Web Services, and its developers refer to it as the world’s first metaverse airport.

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The 2022 FIFA World Cup NFTs have begun.

The 2022 FIFA World Cup kicks off on November 20 in Qatar, and various firms have begun launching NFT collections and unveiling Web3 games in preparation.

Adidas released a World Cup advertising trailer on November 14 showing its Bored Ape Yacht Club (BAYC) character Indigo Herz with Lionel Messi and other players.

Herz appeared on an “Indigoooooals” cereal box.

Indigo Herz was purchased by the footwear behemoth.

Yuga Labs grants holders full intellectual property rights to commercialize the characters.

Visa, a prominent credit card firm, released five soccer-themed NFTs earlier this month for sale on Nov. 1 showing notable players’ World Cup goals. The auction ran through November 8, with all proceeds going to a charity in the United Kingdom.

At the FIFA Fan Festival, which will take place during the World Cup, spectators will be able to design their own NFTs on a digital pitch.

Budweiser collaborated with FIFA to offer a live scoreboard NFT collection named Budverse X World Cup on October 14.

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According to the OpenSea description, once users have created their FIFA World Cup team, the NFT will follow and track their progress throughout the tournament.

Meanwhile, FIFA confirmed on November 9 that there will be at least four Web3 games available for fans to play while attending the World Cup.

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