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Nike Faces $5M Lawsuit Over RTFKT Shutdown and What It Means for Web3 Brands

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Manage episode 479603197 series 3432213
Content provided by dGEN Network and DGEN Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by dGEN Network and DGEN Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

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

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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

  continue reading

524 episodes

Artwork
iconShare
 
Manage episode 479603197 series 3432213
Content provided by dGEN Network and DGEN Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by dGEN Network and DGEN Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

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:

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

  continue reading

524 episodes

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