In a press release published on November 14, Nike introduced “.Swoosh”, a new web3 platform powered by the polygon network. According to the luxury sportwear brand he new platform is a destination for virtual assets and Polygon-based non-fungible tokens.
In April of last year, Nike unveiled a collection of virtual sneakers as NFTs, marking the company’s official entry into the metaverse market. Nike is currently one of the best-known luxury brands in the metaverse.
Launching .Swoosh, Nike has showed its its efforts to expand in the metaverse. The sportswear company has provided the new platform with virtual and NFT capabilities, as well as potential pathways for customers to participate in as co-creators and share in digital product.
Nike anticipates adopting the new web3 platform as a market platform for virtual apparel assets, such as t-shirts and sneakers for avatars that consumers may use in metaverse games. Thanks to web3 technologies, users of the new platform will be able to access real-world items like tangible clothing and live chats with well-known athletes.
Nike also has a plan to launch new NFTs in the beginning of the next year. As planned, Polygon was also chosen for Nike to introduce new NFT apparel.
The next virtual sneakers, according to Nike, will cost less than $50 for a pair. In April, Nike released similar virtual sneakers on the Ethereum mainnet. According to the general manager of Nike Virtual Studio, Ron Faris, Nike is “developing a marketplace of the future with an accessible platform for the Web3-curious.” and “the .Swoosh community and Nike create, share, and benefit together” in this new space.
Nike also revealed that it would make digital apparel for CloneX NFT avatars. Clonex NFT’s owners can use new apparel in supported Web3 gaming and metaverse settings.
According to Nike, people would be able to start to register for the .Swoosh project later this week.
In a recent report released by the World Bank, East Asia and Pacific (EAP) economies are showcased as beacons of growth, surpassing global averages. However, the region faces impending headwinds, notably from China, casting a shadow over its growth trajectory for 2024.
The European Union (EU) is launching investigations into tech giants Apple, Google, and Meta (Facebook’s parent company) over concerns they might not be following a new law designed to promote fair competition in the digital market.
Google Chrome is on the brink of initiating a seismic shift that threatens to reshape the very foundation of the modern internet. The imminent demise…
In a highly anticipated market debut, Reddit stock took off, closing its first day of trading with a staggering 48% surge from its initial public offering (IPO) price of $34 per share. The social media giant’s stock concluded the day at $50.44, propelling its market capitalization to over $8 billion.
In a significant move in Vietnam’s corporate landscape, Vingroup, the country’s largest conglomerate, has completed the sale of a 41.5% stake and other assets in its retail arm, Vincom Retail, for a staggering $1.6 billion. This transaction ranks among the largest mergers and acquisitions (M&A) deals in Vietnam in recent years, underscoring the dynamism of the country’s economy and corporate sector.
The integration of artificial intelligence (AI) into various facets of healthcare has revolutionized patient care, and its impact on surgery is poised to be profound. Leveraging AI’s capabilities to connect, analyze, and predict based on operating room data holds the promise of enhancing surgical efficiency and clinical decision-making. Recognizing this potential, NVIDIA has partnered with Johnson & Johnson MedTech to explore new AI capabilities within the realm of surgery, with the goal of advancing the company’s connected digital ecosystem for surgical procedures.
Apple is reportedly in discussions with Alphabet, Google’s parent company, regarding the licensing of Google’s “Gemini” artificial intelligence (AI) training model for integration into iPhones.
An Illinois jury has delivered a significant verdict in a case involving Mead Johnson’s Enfamil baby formula, ordering the company to pay $60 million to the mother of a premature baby who died from an intestinal disease after consuming the formula.
In the fast-paced world of software development, innovation is the name of the game. Cognition, a leading tech company, has introduced a groundbreaking solution that promises to transform the industry as we know it: Devin AI, the world’s first AI software engineer. Devin AI is not just another tool in the developer’s toolbox; it’s a game-changer that leverages the power of artificial intelligence and machine learning to automate coding tasks and streamline the development process.
When it comes to acing a job interview, there are certain tactics that can help you stand out and impress prospective employers. From showcasing your passion for the role to demonstrating problem-solving skills, there are plenty of strategies to employ. However, it’s equally important to be mindful of phrases that could raise red flags during the interview process.
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Cultural differences between the East and the West
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Vietnam received recognition in the 29th World Travel Awards in numerous categories
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Vietnamese dishes that fascinate foreigners
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First NFT vending machine in the world is now operational in New York
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The LEGO Group today began construction on a new $1 billion factory in Binh Duong, Vietnam
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