.Nike’s Rtfkt Cryptokicks give sneaker NFTs a new spin, while a novel, and greener, way to pay for virtual fashion emerges.
range in rarity and will evolve with new colors and features. According to the studio, they will also be able to “breed,” though it didn’t elaborate on what that means. But altogether, it promised that one pair of virtual kicks could unlock “thousands of looks.”
Under a new partnership with fintech startup Twig, the self-dubbed “bank of things” that lets consumers cash out real-world products for credit, virtual fashion marketplace The Dematerialised will begin accepting Twig Pay as a new payment option for NFTs. While NFTs and other blockchain-based assets have downsides as well, at least virtual fashion could help mitigate the churn of fast fashion.
Naturally, Twig vets apparel it receives, and as a “Web 3.0 green payment structure,” it will try to give the garment new life. That includes trying to resell it or offering it to upcyclers, recyclers or downcycling partners.
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