Skip to content

CryptoVert Blockchain App for iOS

Bitcoin, NFTs, News, and more!

Primary Menu
  • Crypto
  • Blockchain
  • NFT’s
  • Videos
  • Download App
  • Home
  • Crypto
  • Nike’s Web3 Platform .SWOOSH Will Reward Creators for Virtual Sneaker Designs
  • Crypto

Nike’s Web3 Platform .SWOOSH Will Reward Creators for Virtual Sneaker Designs

cryptovert January 26, 2023 2 min read

.SWOOSH, Nike’s new non-fungible token (NFT) platform, is inviting users to design their own digital wearables, the global shoe brand said Wednesday.

.SWOOSH community members are invited to participate in a contest called #YourForce1 that challenges users to build a visual storyboard on Instagram showcasing their footwear design. If chosen, four winners will earn $5,000 each and receive an opportunity to work directly with Nike designers to create their own one-of-one digital sneakers.

Nike added that the four designs could become a part of its first signature collection that is slated to launch in the near future. The contest opened today and closes Jan. 29.

You can read the full brief and instructions on the Nike website.

“At .SWOOSH, we’d like to expand the definition of what a creator can be. That’s why this .SWOOSH Studio contest prioritizes creative storytelling over creative skills,” Nike said in a press release.

Nike has spent several years tapping into its Web3 strategy. Before it released .SWOOSH in November, the company acquired digital fashion house RTFKT to take its first steps into the metaverse. In 2020, Nike said it would begin testing RFID linked to blockchain technology to trace the supply chain process.

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Learn more about Consensus 2023, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.

Continue Reading

Previous: First Mover Asia: Bitcoin Seesaws Above and Below $23K Again
Next: What You Need to Know About Crypto Regulation in Hong Kong, Singapore, Japan

Related Stories

Bitcoin stuck as ETF inflows offset selling, but inflation data could spark a move
1 min read
  • Crypto

Bitcoin stuck as ETF inflows offset selling, but inflation data could spark a move

August 12, 2026
Brazil’s largest lender Itaú is stepping deeper into the tokenization
1 min read
  • Crypto

Brazil’s largest lender Itaú is stepping deeper into the tokenization

August 12, 2026
CFTC orders Kalshi to continue offering prediction markets in New York after state lawsuit
1 min read
  • Crypto

CFTC orders Kalshi to continue offering prediction markets in New York after state lawsuit

August 12, 2026

You may have missed

Bitcoin stuck as ETF inflows offset selling, but inflation data could spark a move
1 min read
  • Crypto

Bitcoin stuck as ETF inflows offset selling, but inflation data could spark a move

August 12, 2026
CFTC orders Kalshi to continue offering prediction markets in New York after state lawsuit
1 min read
  • Crypto

CFTC orders Kalshi to continue offering prediction markets in New York after state lawsuit

August 12, 2026
Brazil’s largest lender Itaú is stepping deeper into the tokenization
1 min read
  • Crypto

Brazil’s largest lender Itaú is stepping deeper into the tokenization

August 12, 2026
EToro reports second quarter crypto loss even as total profit beats estimates
1 min read
  • Crypto

EToro reports second quarter crypto loss even as total profit beats estimates

August 12, 2026
  • Crypto
  • Blockchain
  • NFT’s
  • Videos
  • Download App
Copyright © All rights reserved. | MoreNews by AF themes.