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Each tier provides increased Crypto Cash Back, so for people who are shopping online anyway, it makes sense to buy STMX, deposit it in the app and then earn even more crypto cash back every time they make a purchase at one of their favorite stores.

In this video, we examine Pratik’s technical analysis to see where the price of STMX could go in the next few weeks and months.

#StormX #STMX #bitcoin #harmony #one​​, #altcoins​​, #eth​​, #scaling​ #Ethereum​​​​​​ #Chainlink​​ #LINK​​​​ #bitcoin​​​​​​ #VeChain​​​​​ #btc​​​​​​​​​​​​ ​​​​ #altcoin​​​​​​​​​​ #investing​​​​​​​​​​​​​​​​​​ #cryptocurrency​​​​​​​​​​​​​​​​​​​​​ #crypto​​​​​​ #invest​​​​​​​​​​​​​​​​​​ #binance​​​​​​​​​​​​​​​​​​ ​​#news​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​ #success​​​​​​​​​​​​​​​​​​ #finance​​​​​​​​​​​​​​​​​​ #entrepreneur​​​​​​​​​​​​​​​​​​ #business​​​​​​​​​​​​​​​​​​ #market​​​​​​​​​​​​​​​​​​​​​​​​ ​​​​​​​​​​​​​​​​​​​​#staking​​​​​​ #NFT​​​​​ #NFTs​​​​​ #grayscale #cashback #rewards #shopping #retail #lego #nike #lenovo #microsoft #uber #apple #app #doordash #dresslily #shopee #ebay #samsung #macys #sega #lazada

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00:00 Introduction to StormX
01:35 Advantages of the StormX Ecosystem
04:25 STMX Price Prediction
05:51 Final Thoughts

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Nike, the global sportswear brand, is about to launch its first NFT sneaker collection called Our Force 1 (OF1) on its .Swoosh platform.

Nike and the release of the first NFT collection of virtual sneakers

The famous sports brand, Nike, will soon release its first virtual sneaker collection using NFT technology. This was announced by its recently launched marketplace, .Swoosh, the place where the release will take place.

Old sole, new story.

The #OurForce1 collection features digital renditions of AF1s past, present and future built for the next generation.

Nike’s first-ever virtual collection is inspired by the AF1 Low, a classic style remixed hundreds of times since it dropped in ‘82. pic.twitter.com/dlq65VNeAb

— .SWOOSH (@dotSWOOSH) April 17, 2023

Basically, Nike’s new signature collection is called Our Force 1 (OF1) and is a pun inspired by the brand’s iconic Air Force 1 born in 1982.

Starting today, 18 April, Nike will begin releasing “posters” to selected users on .Swoosh, granting them early access to the sale scheduled for 8 May.

While for the general public, Nike’s new NFT sneakers will be available for purchase from 10 May on its marketplace.

The first Nike NFTs: the Our Force 1 (OF1)

In a roundup of tweets, .Swoosh explained how Nike’s first virtual creation offering will work.

Basically, the OF1 collection features familiar models, some cult classics, and even some .Swoosh originals. In addition, each AF1 in the collection comes in one of two OF1 Boxes, which are the “Classic Remix” and “New Wave.” 

Specifically, the Classic Remix Box is a portal to AF1 nostalgia, celebrating the sneaker’s historic details. The New Wave Box, on the other hand, is something new, a gateway to a never-before-seen AF1 universe.

Not only that, each box is priced at $19.82, in homage to the year the Air Force 1 sneaker was first launched.

According to reports, Ron Faris, general manager of Nike Virtual Studios, said:

“We are exploring new ways to tell stories and create relationships while removing the barriers and limitations of physical product.”

Dot Swoosh (.Swoosh): the apparel brand’s NFT marketplace

Nike released Dot Swoosh (or .Swoosh), its platform dedicated to buying, displaying, and trading NFT and digital and virtual products, last November.

The platform was created with the aim of becoming the home of Nike’s virtual creations. Not only that, the company added that items purchased on .Swoosh can be worn in video games and other immersive experiences.

In this way, Nike will be able to continue its leading position not only in sportswear but also in Web3.

Prior to November, Nike had also already purchased the ENS domain “dotswoosh.eth” for 19.72 ETH (about $38,000 at that time), precisely to dedicate to its project.

 

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Please do your own due diligence and rating before making any investments and consult your financial advisor.Ibelieve that the information presented is correct and accurate, however, there is no guarantee or warranty as to the accuracy, timeliness, or completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

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RTFKT, Nike’s Web3 company, owns ten Ethereum Name Services (ENS). 

Nike’s purchase strategy: accumulate Ethereum Name Services 

The most recent purchase is dotswoosh.eth, paid 19.72 ETH, or about $37,000. 

dotswoosh.eth bought for 19.72 ETH on OpenSea #domains $ENS https://t.co/Ec0Iet0l8P

— ENS Sales Bot (@EnsSales) May 27, 2022

The purchase took place on Friday 27 May on the famous OpenSea platform after the ENS had been deposited there some ten days ago. 

Dotswoosh.eth was originally created by anonymous user 4FE4E6 who has created as many as 1.2 million items on OpenSea. 

It is not yet clear why Nike purchased dotswoosh.eth via RTFKT, but there is some speculation that the company intends to use it in the future to issue subdomains, such as subdomain.dotswoosh.eth. 

The logo of this ENS, in fact, shows a dot followed by the Nike logo, which suggests that the purpose might be precisely to issue subdomains. Of the ten ENSs owned by RTFKT, this is the only one with a distinct logo that can be directly traced back to Nike.

It is worth noting that Nike’s iconic logo is called a swoosh, so dotswoosh seems to indicate a dot-swoosh sub-domain. 

The other ENSs owned by Nike via RTFKT seem to indicate a real corporate strategy in this regard. Apart from artifacts.eth, rtfkt.eth, which refer to the company name, for instance mintvial.eth seems to be a clear reference to the NFT CloneX Mint Vial Ethereum that can be used to create CloneX avatars. 

Spacedrip.eth, on the other hand, refers to Nike’s NFT Space Drip digital shoes, while skinvial.eth refers to NFT Skin Vials that can be used to change the appearance of Nike’s CryptoKicks. 

Nike’s entry into the blockchain world

The company began to be active on the Ethereum blockchain back in December 2019, when it patented a system to tokenize shoes. Whereas in April 2022, it landed in the Metaverse with Nike Cryptokicks, thanks to RTFKT and Skin Vial. 

RTFKT, together with Nike CryptoKicks, introduce the future of Sneakers, powered by Skin Vial tech

Welcome to 2052 : pic.twitter.com/7449L79Bf4

— RTFKT (@RTFKT) April 22, 2022

It is still too early to know where they want to go with this, also because this initiative has only been around for a very short time. 

However, it is worth mentioning that NFTs are perfect for use as digital certificates of ownership of collectibles, and some Nike shoes are also very popular in this respect. 

We will also have to see what the relationship will be between Nike’s digital objects, which are more easily represented with NFTs, and the physical ones, since the latter are for obvious reasons more difficult to exchange online. 

What seems quite clear is that this could be only the beginning of a long presence of Nike within Web3, so much so that we can imagine that there could be many more innovations in this sense in the near future. 

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Nike, in collaboration with RTFKT, has unveiled its first trainers for the metaverse: the Nike Cryptokicks. The NFTs are available on OpenSea and traded for over 2.9 ETH, the equivalent of €8,500.

Nike and RTFKT launch new NFT trainers for the metaverse

Nike and the newly acquired NFT company, RTFKT Studios, have developed the first NFTs of Nike Cryptokicks, the new trainers for the metaverse. Here is the video showing the different models. 

RTFKT, together with Nike CryptoKicks, introduce the future of Sneakers, powered by Skin Vial tech

Welcome to 2052 : pic.twitter.com/7449L79Bf4

— RTFKT Studios (@RTFKTstudios) April 22, 2022

“RTFKT, together with Nike CryptoKicks, introduce the future of Sneakers, powered by Skin Vial tech. Welcome to 2052”.

These are the very first sneaker models, designed by the global sportswear and footwear giant, for the feet in the metaverse. 

Cryptokicks are available on OpenSea and are already trading for 2.9 ETH, the equivalent of almost €8,500. 

Nike Cryptokicks and Skin Vial technology

The new Nike Cryptokicks can be customized with eight skins created by RTFKT’s community of artists and contributors. 

Each skin can be applied to the virtual shoe by changing the “Skin Vial” that changes the look of the sneakers, with a wider range of “vials” to be launched in future drops.  

Some of the “Skin Vials” are already on OpenSea, even at prices below 1 ETH, although one in particular, the Skin Vial Evo ALN is being auctioned at a minimum price of 558 ETH, more than $1.5 million, obviously with no bids found. 

Recently, Nike also launched Nikeland, its shop in the Roblox metaverse, which seems to be having great success. In addition to the number of visitors reaching 7 million in its first 5 months since launch, it also marks an increase in revenue from digital activities in general. 

STEPN with ASICS and the launch of its NFT trainers on Binance Marketplace

Staying in the sports footwear sector, STEPN, the Web3.0 lifestyle app, has another piece of news with the launch of its limited edition NFT trainers co-branded with ASICS. 

The NFT trainers were minted on the BNB chain, and the collection was launched exclusively on the Binance NFT Marketplace.

#MoveToEarn on #BNBchain? YES!

Welcome @Stepnofficial who will be soon launching on BNB Chain

Get moving and earn rewardshttps://t.co/giSSqDoBEf

— BNB Chain (@BNBCHAIN) April 21, 2022

“#MoveToEarn on #BNBchain? YES! Welcome @Stepnofficial who will be soon launching on BNB Chain. Get moving and earn rewards”.

STEPN is the app that rewards users with cryptocurrencies for moving (walking, jogging or running) outdoors. All you need to do is download the app and purchase an NFT and start moving immediately to start earning tokens. 

The co-branded STEPN and ASICS has garnered significant interest from the community, with over 195,000 participants and tickets signed up. Commenting on this, Joe Pace, ASICS business development manager commented: 

“Asics is committed to inspiring people to have a sound mind in a sound body and we aspire to apply technology in thoughtful ways to advance that mission. Our partnership with Stepn and their world-class team is designed to encourage the Web3 community to step away from their screens and get walking, jogging, and running outdoors. The Stepn app is an incredible feat of technological innovation and we believe that Asics’ immediate and long-term collaborations with them will help millions across the world achieve a sound mind in a sound body”.

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The vision the founders have for STORM is beyond just an ordinary Cryptocurrency. They aim to create a marketplace for decentralized marketplace for tasks which will be called the “Storm Market”. “The Storm Market will operate similar to the Apple App Store or the Google Play Store in that it will serve as a platform where Storm Makers and Storm Players can create and accept tasks using smart contracts powered and paid for with STORM tokens.” The team is confident of the success of the app as it strongly relies on the give and takes model. By completing relatively easy and enjoyable tasks, users can potentially earn quite a bit of STORM, Ethereum or even Bitcoin.

Storm Market is targeting the freelancing industry around micro-tasks. Currently, there are identified competitors in the market like Upwork, Mechanical Turk, etc. which are circulating huge amount of money through their platform with existing inefficiencies that ultimately creates hurdles for the freelancers. They deduct huge amount from their users earning by charging 40% of transaction cost. The Storm market is striving to resolve the problems by providing following benefits, such as as compared to traditional micro-task marketplaces, they will charge reduce transaction fees. Besides, they Eliminate the interruption of any middlemen between buyers and sellers.

#StormX #STMX #bitcoin #harmony #one​​, #altcoins​​, #eth​​, #scaling​ #Ethereum​​​​​​ #Chainlink​​ #LINK​​​​ #bitcoin​​​​​​ #VeChain​​​​​ #btc​​​​​​​​​​​​ ​​​​ #altcoin​​​​​​​​​​ #investing​​​​​​​​​​​​​​​​​​ #cryptocurrency​​​​​​​​​​​​​​​​​​​​​ #crypto​​​​​​ #invest​​​​​​​​​​​​​​​​​​ #binance​​​​​​​​​​​​​​​​​​ ​​#news​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​ #success​​​​​​​​​​​​​​​​​​ #finance​​​​​​​​​​​​​​​​​​ #entrepreneur​​​​​​​​​​​​​​​​​​ #business​​​​​​​​​​​​​​​​​​ #market​​​​​​​​​​​​​​​​​​​​​​​​ ​​​​​​​​​​​​​​​​​​​​#staking​​​​​​ #NFT​​​​​ #NFTs​​​​​ #grayscale #cashback #rewards #shopping #retail #lego #nike #lenovo #microsoft #uber #apple #app #doordash #dresslily #shopee #ebay #samsung #macys #sega #lazada

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02:16 10 Reasons to Consider STMX
07:39 StormX Partnerships

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Since Facebook announced its Meta, many companies – from startups to SMEs and tech giants – are jumping into metaverse-related projects, including Qualcomm, Nike, and Playboy.

Qualcomm invests in the metaverse

Nasdaq-listed Qualcomm announced that it opened Extended Reality (XR) Labs in Europe to develop advanced hand tracking and gesture control, 3D mapping and location services, multiplayer experiences, and image recognition.

All obviously focused on developing the technology for use in the metaverse.

Enrico Salvatori, President of Qualcomm Europe, explained:

“The opportunities for XR are significant. Combine that with Europe’s rich R&D and leadership in XR and we see the XR labs in Europe as being a big contributor to XR development worldwide. Brilliant minds are already working at speed to realize our vision of XR and bring a plethora of revolutionary experiences to everyone from consumers, healthcare and industrial. These labs join our already significant R&D presence in Europe.”

Metaverse and lawsuits: Nike v. StockX

Streetwear retailer StockX has built a system whereby users purchase NFTs that can then be redeemed for physical goods in the real world, including sneakers from the Nike brand, which it now claims constitute infringement, trademark dilution, and false designation origin, among other violations.

For this reason, the company has filed a lawsuit against StockX. This case is reminiscent of a similar infringement involving Hermes, which sued the creator of MetaBirkin.

Playboy relaunches in the metaverse

The historic Playboy magazine has announced that it plans to reboot its brand in the digital world through NFTs and beyond. The company also wants to launch its own digital subscriptions and a new villa in the metaverse.

As explained during an interview with CNBC, Playboy wants to drop thousands of avatars in the form of a bunny (the brand’s logo) and create a metaverse to keep up with new technologies.

“The magazine was one product of the company. But it was really that rabbit head that’s worth billions and billions of dollars and not replicable,”

Playboy CEO Ben Kohn told CNBC in a recent interview.

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