Prediction

Nike To Become Big MetaVerse Player After Acquiring RTFKT

Leader in sportswear Nike has acquired online digital shoe market leader RTFKT as they gear up to become a big MetaVerse player.

Seeing Nike jump on the Metaverse bandwagon so fast was not surprising as they have always been one step ahead of their competitors. Nike have already dipped their toe into the Metaverse world as they have already had an online experience in the Roblox game where users can shop for digital Nike apparel for their characters.

Image courtesy of Finance.Yahoo.com

RTKFT are the online leaders in the footwear NFT industry where investors and YOLO’ers have already purchased digital footwear worth over $100Million. Pairing up this is a team that can create Nikeland across Roblox, Decentraland and even the Facebook Metaverse.

Nike stock is currently trading at $166 per share and with supply chain issues and the world drastically changing this could be the perfect time to invest.

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