Nike has recently introduced its first-ever digital sneaker NFT collection. Despite facing accusations of botting and receiving criticism from the community, the launch managed to generate $1 million in sales, which is quite impressive. Although the event was plagued by several delays and technical issues, the figures it produced were still very encouraging.
The NIKE NFT Collection
The collection of NFTs includes digital versions of Nike’s iconic shoes such as the Dunk Low and Air Jordan 1. Every NFT has a unique identity and a distinct serial number, making them highly valuable as collectibles. However, the launch faced challenges and criticism from some members of the community who alleged that Nike used bots to acquire the NFTs and manipulate the market.
The accusations against Nike have been refuted by the company and taken action by introducing new sales regulations to combat the use of buying bots. Moreover, the brand has proudly celebrated the success of their NFT sales, using it as proof of their strength and the demand for digital collectibles.
NFT Community Backlash
Nike’s non-fungible token (NFT) sale encountered several setbacks, leading to a vexing encounter that left the community feeling let down. The sale platform experienced multiple malfunctions, which resulted in significant interruptions during the minting phase, testing the patience of countless buyers.
There were many people in the community who voiced their discontent due to technical issues and concerns about bots disrupting the system, which has been a recurring issue during Nike’s sales. To ease some of the tension and provide some respite, Nike decided to extend its First Access Sale. However, this decision only led to a delay in the General Access Sale, exacerbating the frustration of those eagerly waiting to purchase the NFTs.
SWOOSH has addressed the problems it faced and admitted to encountering an unforeseen glitch that resulted in delays in the minting process and prevented additional purchases. Although the company has not provided any recent updates, the community’s frustration has gradually decreased in the last few days.