Are Nike NFTs Heading to Fortnite & 250 Million Gamers Worldwide?
(Originally posted on : Crypto News – iGaming.org )
n an era where digital is king, Nike is set to bring non-fungible tokens (NFTs) to mainstream gaming, all thanks to their latest venture – the .Swoosh platform. Recognized for its radical transformation of the retail industry, Nike’s foray into Web3 represents a progressive move towards uniting physical and virtual realms. Further escalating the anticipation is a recent tweet from Nike, teasing an upcoming collaboration with Fortnite, a global gaming sensation.
On June 16, Nike’s official Twitter handle set the social media platform ablaze with a teaser – the “ultimate Sneakerhunt” slated for launch on Fortnite from June 20. While this isn’t the first time the renowned brand has ventured into the digital gaming space, the “Airphoria” event, with a noticeable .Swoosh NFT platform logo, promises to be an entirely different ball game.
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Details of this intriguing alliance between Nike and Epic Games, the creators of Fortnite, remain shrouded in mystery. However, the promise of an integration of Nike’s NFT platform with Fortnite and potentially the broader Unreal Engine ecosystem, as indicated in the teaser, is something that has already sparked widespread interest.
How .Swoosh is Revolutionizing the Apparel Industry
Introduced late last year on the Ethereum scaling network Polygon, .Swoosh has taken the digital apparel industry by storm since its official launch in May. This groundbreaking platform allows for digital Air Force 1 sneakers, known as “Our Force 1”, to exist as tradeable NFTs.
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EA Sports & Nike / .Swoosh
Taking their digital ambitions a step further, earlier this month, Nike, in partnership with .Swoosh, announced an upcoming collaboration with EA Sports, the gaming division of Electronic Arts known for blockbuster franchises like FIFA and Madden NFL. The project aims to integrate apparel and accessory NFTs, referred to as “virtual creations”, within future games.
While exact plans regarding the Nike NFT integration within EA Sports and Fortnite are still under wraps, such mainstream integration could be instrumental in bringing Web3 features into gaming, despite some resistance from gamers towards NFT and token-driven games.
250 Million Monthly Users
Boasting approximately 250 million users each month, Fortnite remains a force to be reckoned with in the gaming industry since its debut in 2017. Through its partnerships with a vast array of fashion, entertainment, and gaming brands, Fortnite has turned virtual items and customization options into a multi-billion-dollar revenue stream.
However, the digital items in Fortnite, locked within the game’s ecosystem, have limited flexibility. Unlike these, NFTs can be freely traded and used across multiple platforms, opening a world of possibilities for users. As such, Fortnite is regarded as a trailblazer in demonstrating how NFTs could potentially bring more user benefits than traditional in-game digital items.
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If Nike’s teaser is any indication, the upcoming integration of its NFT platform with Fortnite might just be the game changer that paves the way for a new era in the world of gaming.