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Nike Faces $5M Lawsuit Over RTFKT Shutdown and What It Means for Web3 Brands
Manage episode 479603197 series 3432213
Nike’s abrupt shutdown of RTFKT and the resulting $5 million lawsuit sparked a wide-ranging discussion about the risks and responsibilities of big brands in Web3. Cap and Steve debated whether companies like Nike should be held legally or reputationally accountable when early experiments in NFTs and blockchain go wrong, while also highlighting the opportunity for smarter, tech-integrated brand strategies going forward. The conversation moved between macro crypto trends, platform risk and the realities of scaling Ethereum.
Subscribe on YouTube: https://www.youtube.com/@coffeewithcaptainshow
Follow us on the X app:
- Captain Zwingli: https://x.com/ChrisJourdan
- Steve: https://x.com/SteveKBark
- dGen Network: https://x.com/dGenNetwork
This podcast is for entertainment purposes only. None of the information shared on this podcast is meant to be taken as financial advice. Chris, Steve and guest speakers may hold tokens discussed.
Check Out:
The Everything Token: A Book on Web3 and NFTs
Newsletter: CwC Weekly
ENS: Ethereum Naming Service
Beezie: Transforming the World of Collectibles
524 episodes
Manage episode 479603197 series 3432213
Nike’s abrupt shutdown of RTFKT and the resulting $5 million lawsuit sparked a wide-ranging discussion about the risks and responsibilities of big brands in Web3. Cap and Steve debated whether companies like Nike should be held legally or reputationally accountable when early experiments in NFTs and blockchain go wrong, while also highlighting the opportunity for smarter, tech-integrated brand strategies going forward. The conversation moved between macro crypto trends, platform risk and the realities of scaling Ethereum.
Subscribe on YouTube: https://www.youtube.com/@coffeewithcaptainshow
Follow us on the X app:
- Captain Zwingli: https://x.com/ChrisJourdan
- Steve: https://x.com/SteveKBark
- dGen Network: https://x.com/dGenNetwork
This podcast is for entertainment purposes only. None of the information shared on this podcast is meant to be taken as financial advice. Chris, Steve and guest speakers may hold tokens discussed.
Check Out:
The Everything Token: A Book on Web3 and NFTs
Newsletter: CwC Weekly
ENS: Ethereum Naming Service
Beezie: Transforming the World of Collectibles
524 episodes
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