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RTFKT announced the cessation of operations, and the old blue chip Non-fungible Token comes to a close in the new Bull Market
In the past 7 days, the Non-fungible Token has picked up. Whether it is CryptoPunks, BAYC, MAYC, Azuki, Doodles and other former head PFPs, or Chromie Squiggle and Fidenza such head generation art non-fungible tokens, there has been a relatively large rebound.
And one of the Tokens most closely related to Non-fungible Token infrastructure, $BLUR, has quietly pumped nearly 90% in the past month. After Andrew Kang advocated for $BLUR at the end of last month, $BLUR continued to pump, with an increase of nearly 20%.
In a warm and harmonious atmosphere, Clone X, the old blue chip project with a Nike background, announced the suspension of operations at this time, shocking all Non-fungible Token players, just like announcing at the New Year's Eve dinner that they will no longer eat.
In this statement, the project party of Clone X, RTFKT Studio, which was acquired by Nike, announced the termination of RTFKT's operation. As a transition before the termination of operation, they will complete the final event in the community in December, adopting MNLTH X with 'BLADE DROP'. MNLTH was launched in 2022, using Non-fungible Tokens to mutate virtual shoes.
As for "BLADE DROP," I searched on Twitter and it seems that the holders of this "last dance" cannot even get the last pair of physical shoes from Nike. Instead, they were produced by Zellerfeld with 3D printing technology...
Affected by the termination of operations, the floor price of CloneX instantly big dump 50% due to this huge Unfavourable Information, and is currently at 0.3 ETH. Just 2 days ago, the floor price of this series rebounded to nearly 0.9 ETH at one point.
NFT players accused the RTFKT team of not being a 'Soft Rug' but a 'Hard Rug', and dug up RTFKT co-founder @benitopagotto's unkind remarks when Pudgy Penguins CEO paid tribute to them last year.
Luca tweeted a tribute to RTFKT on September 17th last year.
And 10 days later, @benitopagotto mocked the entry of Pudgy Penguins toys into Walmart, "From Sotheby's to Walmart, the future of Web3 is really bright!"
From the sale of CloneX, RTFKT was acquired by Nike, and in the blink of an eye, 3 years have passed. We finally ushered in a new Bull Market, but this blue-chip Non-fungible Token with a Nike background suddenly collapsed at dawn.
Due to the sudden confusion of information, the $10 million acquisition invitation from @JoeyMoose has attracted a large number of Non-fungible Token players' follow.
But most likely he was joking, because yesterday he also said he would spend $5 million to buy MoonBirds from Kevin Rose. But, man, MoonBirds have long been acquired by Yuga Labs...
So what will happen next with CloneX? For example, in the current mainstream where meme has become popular, will the community create meme Token from the perspective of 'CTO Nike'?
I don't know, really don't know. After all, this world is always full of surprises.