Nike sold record NFT in 2022 – Katoch Tubes

Nike NFT sales tops the charts

What is NFT?

NFT is a Non-Fungible token, which represent  a physical asset on the blockchain in a digital format.

Nike NFT

Nike launched its limited edition CryptoKicks on OpenSea marketplace. With revenue surpassing $185 million making it the top NFT fashion brand

The top 5 NFT brands

In the list, we have Dolce & Gabbana, Tiffany & Gucci totalling $48 million in NFT sales in the same period.

Some NFT Fact

Despite the record NFT sales by Nike, the overall price of its NFTs has taken a hit in the down market along with the industry

Should you buy NFT?

It depends upon the purpose. If it's for learning & fun, go for it else do the due-diligence before investing

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