RTFKT launches smart sneakers! Equipped with Nike's latest technology and exclusive app, holders can enjoy priority access to purchase.
CloneX holders received a mysterious box MNLTH airdrop from Nike in February this year. Upon unboxing in April, besides getting a variety of Nike NFT sneakers, they also received an additional mysterious box called MONOLITH. Today, this mysterious box is finally unveiled, but it seems to have sparked strong dissatisfaction in the community.
Lead-in: CloneX MNLTH unboxing|Surprise with Nike NFT sneakers, potion bottle, and more boxes!
Table of Contents
What's Inside the MONOLITH Box!
After the unveiling of the MONOLITH Box, holders will receive a sophisticated instrument called the "RTFKT X Nike Trillium Lace Engine." According to the official description by CloneX, this instrument comes with many high-tech features and will be integrated with the "Cryptokicks iRL" smart sports shoes in collaboration with Nike, set to be launched in May next year, creating the latest generation of tech-savvy sneakers.
By owning the Lace Engine NFT, one will have priority access to purchase Cryptokicks iRL.
How Cool is Cryptokicks iRL!
The introduction website for Cryptokicks iRL is now live, featuring four shoe designs: Space Matter, Stone, Ice, and Blackout, with a total of 19,000 pairs.
In addition to their eye-catching appearance, Cryptokicks iRL with Lace Engine will include the following features:
- Bluetooth pairing: To be used with the upcoming Cryptokicks iRL App, offering personalized services and experiences.
- Customizable lighting: The shoes emit light around them, which can be customized via the app.
- Automatic lacing: After putting on the shoes, the laces will automatically adjust to the appropriate tightness based on foot size.
- Wireless charging: Each pair of shoes comes with a rechargeable battery and an RTFKT wireless charging dock.
- Embedded with RTFKT WM NFC chip: After embedding the World Merging WM NFC chip in the shoes, they can be linked with Cryptokicks iRL NFT.
In addition to the mentioned features, the official statement also mentions the inclusion of vibration feedback, gesture recognition, step detection, AI, and machine learning algorithms, and the Move to Earn feature belonging to the Web3 world.
How to Get Your Hands on These Cool Shoes!
As mentioned earlier, owning the Lace Engine NFT ensures eligibility to purchase Cryptokicks iRL. The sale will commence on 12/12 at 11:30 PM Taiwan time on the RTFKT official website. Each Lace Engine NFT holder can reserve any pair of Cryptokicks iRL until sold out.
If any pairs are left, they will be sold through a public sale, where purchasing eligibility will be determined by a lottery system. From 12/7 to 12/9, individuals can register for the lottery on the RTFKT website, and winners will be notified via email on 12/13, with the public sale opening at 9 PM Taiwan time on 12/14.
However, the prices for the two sales are different. The prices, from left to right, for Lace Engine NFT holders and public sale prices are as follows, payable in equivalent ETH:
- Blackout: $450/$580 USD
- Stone: $500/$650 USD
- Ice: $600/$700 USD
- Space Matter: $1,000/$1,333 USD
Upon purchase, buyers will receive the Cryptokicks iRL NFT, with the physical shoes and app set to be released in May next year, but the shoes can only be shipped to the U.S. region.
Next Airdrop Incoming!
After the boxes are opened, there's another box! The RTFKT official team announced on the 5th that the snapshots for RTFKT – MNLTH and RTFKT x Nike Monolith have been completed, and anyone holding either one will receive an airdrop of the latest mystery box, "MNLTH X," this week.
Community Disappointment Leads to Significant Drop in Secondary Market Prices
Prior to the unboxing, the RTFKT official team posted numerous messages and videos related to Cryptokicks iRL on Twitter, leading the community to expect the chance to receive physical sneakers through MONOLITH.
Back to the Future 🛹
But the Future is Now⚡️ pic.twitter.com/UZQeGxuMnU— RTFKT (@RTFKT) December 4, 2022
However, after the unboxing, the anticipated physical shoes turned out to be purchase rights and discount coupons. To obtain the shoes, an additional payment is required, disappointing the community. Furthermore, the policy of only shipping Cryptokicks iRL to the U.S. region due to the global distribution of CloneX holders also sparked dissatisfaction.
As a result of these factors, the secondary market prices for MONOLITH swiftly declined, with the average price dropping from 1.6 ETH all the way down to 0.28 ETH.
Today, RTFKT announced a temporary solution to the shoe shipping issue on Twitter. Buyers can now choose to mint "Hubbed Cryptokicks iRL" during the casting process. This means that a pair of Cryptokicks iRL, with the difference being that up until May 1 of next year, buyers can provide their shipping address. If a suitable address cannot be found, the option to sell on the secondary market remains.
However, even with this solution, the secondary market prices have not seen improvement, with the lowest price reaching 0.19 ETH, approximately $240, at the time of writing.
How it works is this:
– At the Forging Event, Lace Engine holders have the option to mint a “Hubbed Cryptokicks iRL” if you don’t have a US address.
– Select your desired sneaker size and will receive a Hubbed NFT.
– You will see “Hubbed” on the NFT metadata. pic.twitter.com/4iLmZcDq4E— RTFKT (@RTFKT) December 6, 2022
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