Latest Clone X News

RTFKT announced that Cryptokicks iRL Hubbed NFT holders will have the opportunity to select a US shipping address between May 15th and 29th, with additional details on how the Unhubbing process will work to follow next week.

❗ Why It Matters

Unhubbing was originally scheduled to start on May 1, but instead will now take place in the back half of this month. Cryptokicks iRL Hubbed holders have a two-week window between May 15th and May 29th to unhub their sneakers and choose the address that the physical gets delivered to. This was done to give international holders time to find a place that would be able to reroute the shoes to them.

🔙 Back It Up

Within the RTFKT Cryptokicks iRL collection, there are two different states of Cryptokicks iRL: "Forged" and "Hubbed" versions.

• If Forged, the physical has already been redeemed, so don't purchase if you would like the corresponding physical component, as the Forged version is just a digital collectible.
• Hubbed versions are basically confirmed preorders where the sneaker size and color were already assigned but the shipping address was not selected.

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🕳️ Go Deeper

• Check Your Mailbox | RTFKT Starts Shipping! (May 1, 2023)
• Lace Engine Holders Can Mint Cryptokicks Now (December 12, 2022)

RTFKT's Nike Air Force 1 forging is slated for Apr. 23, according to a tweet from the company. 

The Deets

The forging period allows holders of pre-forged RTFKT NFTs to redeem a physical companaion. Additional details include:

• The forging will run from Apr. 23 and last until May 8
• There is no additional forging cost and holders are only responsible for paying gas. 
• Physical sneakers are expected to ship in Q4 2023. 
• Pre-forged ERC-1155 will be burned in the process, and a "Forged" ERC-721 will be sent to the holder after forging. 
• There are 10 designs available. 
• Forging will take place on RTFKT.com.

❗Why It Matters

RTFKT joins a group of 2021 projects with waning excitement and a growing negative sentiment, but the forging events and merchandise brings the project back to its roots of *phygital* fashion. However, despite those roots, questions arose this week about a potential quality of the RTFKT product. The Nike Air Force 1 forge has been one of the most highly anticipated apparel forges for the company, putting its Nike acquisition to good use - but it seems it will still need to provide a quality experience to start earning back the trust of the community.

🎬 Take Action

Explore the available collections here. 

RTFKT gave a sneak peek of its upcoming forging event and a sneak peek of the Murakami "Animus" in recent tweet. 

❗Why It Matters

After a year with minimal substantive updates, RTFKT is seemingly in desparate need for positive sentiment and progress that rallies positive community commentary. The latest forging teaser does a bit of both, showing off the companies Nike connection and core competency (metaverse fashion). 

Some positive anticipation is also garnered through the Murakami Animus teaser, which is set up with a special event on Apr. 30 in Japan. 

The Deets

• The next forging event will take place on Apr. 24. 
• The Murakami event will take place in Japan on Apr. 30.
  • Event will be open to the public and no pre-registration is required - it is a one-day event from 10:00 a.m. to 5:00 p.m. local time. 

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• Event Details

Clone X NFT holders are now eligible claim their .SWOOSH IDs, according to a tweet from RTFKT.

❗ Why It Matters

While RTFKT is the premium web3 brand in the Nike ecosystem, the .SWOOSH platform and its virtual products are for the "web3 curious." The company is making a bet that digital wearables will be an integral part of Nike's future, and is utilizing a measured rollout timeline to optimize the onboarding process for everyone, not just RTFKT Clone X holders.

This rollout actually shows Nike's commitment to a fair launch, one that didn't necessarily give Clone X holders an edge in the .SWOOSH debut, since .SWOOSH launched access codes to the public back on Nov. 18.

The Deets

• Clones are provided with unique codes to claim their .SWOOSH IDs.
• Each Clone holder/wallet is eligible for 1 code.
• Snapshot of Clone wallets was taken on Feb 3, 2023, 9:00 a.m. ET.
• You can now also choose the RTFKT blade as part of your new .SWOOSH ID.

🎬 Take Action

• Clone holders can claim the tokengated code at https://clonex-events.rtfkt.com.
• Delegate.cash is also enabled on ethpass, allowing Clone holders to designate a hot wallet in order to claim their .SWOOSH access codes.

🧠 Learn More

• Everything You Need to Know About Nike's .SWOOSH
• Everything You Need to Know About RTFKT And Clone X

RTFKT updated holders on its initiatives and 2023 timelines, starting with pod burning, in a tweet thread on Monday afternoon. 

Why It Matters

Every indication is that RTFKT will focus on its foundations and its core collections through interactive storytelling, leading up to a major IRL event at the end of the year. The ambitious 2023 plans begin tomorrow when RTFKT's pod burning will commence. 

Founder Feedback

🎬 Take Action

Prepare yourself for the potential pod burning mechanics with the teaser chart breakdown.

🍎 Learn More

• Everything You Need to Know About RTFKT and Clone X

RTFKT Pod burning will take place in January 2023, according to a tweet from company co-founder Benoit Pagotto.

Pagotto continued, providing a plethora of information to holders about the upcoming year for RTFKT and the entire Clone X ecosystem and beyond, citing four focuses for 2023: slower, better, together, and deliver. 

Each key theme was expanded upon in Pagotto's Twitter thread. 

Slower

The RTFKT ecosystem has rapidly expanded over the course of the last year, and the "slower" theme is intended to refocus the team on tying together the disparate parts of the ecosystem and simplifying along the way. 

"Quality and sustainable building is the priority above all," says Pagotto. 

Better

Better communication is the central theme for RTFKT in 2023. 

Pagotto hints that new collector experiences are coming for Clone and Egg holders, one that will also involve the aforementioned Clone X Pods. 

This collector experience upgrade is expected to also include a revamped website. 

Together

RTFKT remains committed to building and listening to its active and creative community members. 

Deliver

Finally, a commitment to delivering on all the foundational products in the RTFKT ecosystem remains a priority for RTFKT in 2023. 

Struggling to keep track of all the moving parts in the RTFKT ecosystem? Refer to our comprehensive ecosystem guide.

Winners of the allowlist for the AR Helmet digital collectible collaboration between RTFKT and Division Street have been notified by email, according to a tweet from the project.

The allowlist is composed of 291 participants, all of which will have the first opportunity to mint the digital collectible at noon ET, for 0.75 ETH each. 

If the allowlist does not complete the mint, an additional waitlist of individuals will have the opportunity to mint starting at 2:30 p.m. ET. This additional supply will be minted on a first-come, first-served basis. 

The allowlist raffle for the upcoming RTFKT x Division Street AR Helmet Digital collectible is now open, according to a tweet from the company. 

Only holders of Clone X or Flying Formation NFTs can enter the raffle, which can be entered at RTFKT.com. To enter, a user must have an RTFKT account and 0.75 ETH in a Wallet Connect-supported wallet. 

The entry period will end at 3:30 p.m. ET today at which point 291 individuals will be allowlisted for the AR Helmet digital collectible. An additional 500 entries will be waitlisted for the eventual sale tomorrow at noon ET. 

The allowlist will be fully subscribed and waitlisted parties will only have an opportunity to mint any leftover collectibles in a first-come, first-served fashion. 

Learn more about the drop in our original reporting. 

RTFKT is dropping 291 AR Helmet digital collectibles in an effort to support University of Oregon student athletes, according to an announcement by the team. 

RTFKT teased the project with a video of Nike founder and Oregon alumn, Phil Knight, enabling the AR helmet with a simple tap to the side of his head. The group is working in collaboration with Division Street, an organization working to help Oregon athletes make the most of their brand and NIL (name, image, likeness) deals. 

All proceeds and royalties from the drop will go directly to Division Street to help them empower Oregon athletes. 

How Do I Get An AR Helmet Collectible? 

There is no public mint for AR Helmet digital collectibles, instead, allowlisted parties will be selected through a private raffle. 

Only Clone X and Flying Formation NFT holders will be eligible to join the public raffle tomorrow (Dec. 20) from 10:30 a.m. ET until 3:30 p.m. ET. 

To successfully enter, users must first create an account at RTFKT.com and have at least 0.75 ETH in the wallet associated with the account. 

Note: Flying Formation NFT holders have 4x the chance of being selected for the allowlist. 

When Is the Mint? 

The AR Helmet digital collectible will mint in two phases starting on Wednesday, Dec. 21 at noon ET. 

From noon to 3:00 p.m. the allowlisted parties will be eligible to mint an AR Helmet collectible. At the conclusion of the allowlisted window, a waitlist of 500 individuals will have the ability to mint should any supply remain. 

No more than 291 helmets will be available for collection. 

What Else Do I Get? 

Users won't just receive the helmet NFT. In addition to the helmet collectible, all users will have the ability to instantly forge a physical football jersey that goes with the helmet collectible. The forging process takes place during the minting, and users purchasing the accompanying NFT on the secondary market will not have the ability to re-forge the jersey. 

Ten lucky winners will have their jerseys signed by Phil Knight, the founder of Nike. These jerseys will correspond to ten randomly generated, digitally signed Phil Knight helmets. 

When Will I Recieve the Physical Jersey? 

The physical jersey will ship approximately 90 days after the forging event. 

Another notable NFT trader, Cirrus, noted:

The increase in bid activity spiked volume in the market to levels not seen since May 2021, as reported on by NFT Statistics (@punk9059). Of the 30,000 ETH volume, 70 percent was recorded on Blur with a large contribution from Blur airdrop 3 farmers.

Regarding the "farming,", this was the typical mechanic spotted in the Blur market on Saturday: 

1) Farmers submitted bids at or near the floor for top-volume NFT collections like Azuki and MAYC, 2) bought NFT(s) via those bids, 3) immediately sold the NFTs to the highest bid on Blur, and 4) then rinsed and repeated.

This farming temporarily spiked floor prices for those collections, but those bid walls have since fallen and most gains have been erased.

Here are today's numbers, for those same collections (using floor prices on Blur):

• Pudgy Penguins (-25% to 4 ETH)
• Azukis (-20% to 11.4 ETH)
• Otherdeeds (-19% to 1.1 ETH)
• Clone X (-15% to 6.45 ETH)
• MAYC (-8% to 13.6 ETH)

Let's take a look at Pudgy Penguins, for example. The current "bid wall" is now 1,038 ETH at the 3.75 ETH level. Compare this to Friday, when there was over 2,000 ETH of bid pressure on the Pudgy Penguins collection, and one will notice a significant reduction in liquidity and buy levels. It is a similar story for each of the collections noted here.

With bidding still earning rewards through the rest of the month, it will be interesting to see how this NFT market continues to react to this latest incentive.