Nike, one of the largest sportswear manufacturers and retailers globally, has decided to enter the blockchain space by applying for a patent of its CryptoKicks. The company applied for this patent earlier this year and has now successfully reserved the blockchain shoe rights. CryptoKicks CryptoKicks started as a project at the beginning of this year, and Nike announced that a patent is in preparation back in April. The idea behind CryptoKicks is to create a digital token, which will be used to identify the shoes. Not only that, but Nike is looking to develop a network of customers who are
