Tag: corporate greed

Nike's NFT Fail: Proof Corporate Greed Kills Innovation and Hurts the Little Guy

Nike's NFT Fail: Proof Corporate Greed Kills Innovation and Hurts the Little Guy

Remember the Beanie Baby craze? The tulip mania of the 1600s? We should have known better—a speculative bubble, or two. Maybe we had learned our lesson. Apparently not. Nike’s disastrous foray into NFTs with RTFKT ended in contemptuous abandonment, setting a perfect example for future NFT players about the dangers...