Nike and RTFKT are about to make waves in the sneaker world by unveiling an exclusive opportunity for NFT holders. Initially introduced as an NFT in April 2022, the Dunk Genesis is now becoming a reality for collectors eager to enter the physical world with this iconic footwear.
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RTFKT, a company acquired by Nike in late 2021, rose to prominence for its groundbreaking digital sneaker creations. Now they’ve announced a unique “forging event” for the Dunk Genesis, scheduled for October 18-30. During this limited period, lucky NFT holders will have access to purchase up to five pairs of genuine Dunk Genesis sneakers in three different colorways.
The allocation includes one Dunk Genesis “OG,” along with two pairs each of the Dunk Genesis “Void” and Dunk Genesis “Clone X.” Notably, when exchanging their NFTs for the physical sneakers, the tokens remain intact in the owner’s wallet, adding a layer of value and uniqueness to the offering.
These sneakers will be carefully crafted to order and shipping is expected to begin in June 2024. While the specific designs of the three sneakers remain a closely guarded secret, RTFKT teased a prototype via Instagram in August. The Dunk Genesis retains the iconic Dunk Low silhouette and introduces a bold, tech-inspired sole and other intricate details that emphasize its sophisticated appeal.
While the opportunity to purchase the Dunk Genesis NFTs has passed, enthusiasts interested in owning the physical sneakers still have an option. They can purchase the necessary tokens through the OpenSea marketplace. As of now, the most affordable token available costs 0.125 ETH, roughly equivalent to $206. Alternatively, buyers can opt for an RTFKT MNLTH, which can be opened to obtain the coveted Dunk Genesis NFT. However, this route is more expensive, with the lowest quote currently at 0.3 ETH, approximately $494.
Each pair of RTFKT x Nike Dunk Genesis is priced at the Ethereum equivalent of $222, with additional ‘gas fees’ applicable. It is essential to note that once the forging is finished, there will be no more opportunities to secure these exclusive sneakers, making them a true collector’s item.
This groundbreaking collaboration between Nike and RTFKT further blurs the lines between the digital and physical worlds of fashion, paving the way for an exciting future at the intersection of sneaker culture and NFTs.