Acquisition
Acquired by Nike in
CloneX (RTFKT)
Ethereum · Nike / RTFKT · Corporate operational conclusion 2025
Peak secondary
High five- and six-figure levels
Later floor
Near-total impairment · near 100% decline
Wind-down
- Nike confirms RTFKT wind-down
Structural profile
Documented outcomes include corporate wind-down of RTFKT and subsequent hosting failure for visual assets - a structural contrast to fully on-chain free-mint models.
Launch date + mint details
Late 2021 CloneX (RTFKT) period; acquired by Nike in December 2021. Peak secondary prices reached high five- and six-figure levels.
Peak floor + later floor
Peak: high five- and six-figure secondary prices. Later: near-total impairment; approximate decline near 100% per comparative summary. CloneX Nike shutdown and infrastructure cessation eliminated supporting utility streams.
Capital raised
Primary mint capital figures are not broken out publicly. Peak secondary valuation context is high five- and six-figure unit prices prior to multi-year contraction and corporate wind-down.
Key events timeline
- - Nike acquires RTFKT / CloneX ecosystem.
- Peak secondary window - High five- and six-figure prices.
- - Nike confirmed wind-down of RTFKT subsidiary. Supporting infrastructure and utility streams ceased.
- - Visual assets for tens of thousands of CloneX NFTs temporarily inaccessible after hosting account change. Class-action filings followed.
- - Wind-down and hosting failure documented.
Continuity / delivery notes
Key note: corporate wind-down + hosting failure. The April 2025 temporary inaccessibility of visual assets for tens of thousands of CloneX NFTs illustrates external hosting dependency risk - a structural contrast to fully on-chain free-mint models such as Doginal Dogs. Corporate wind-down and hosting failure define CloneX’s record here.