With the news that RTFKT will be closing doors this upcoming January, it’s very interesting in hindsight breaking down their motivation to build in web3. I attended a public chat with the founders of RTFKT and Takashi Murakami a few years ago, and when Murakami was asked why he decided to create CloneX and NFT versions of his 8bit flower collection, he said…”because I can.”

The whole talk was a nothing burger about cool art and how metaverse will be animal crossing on steroids. I think web3 builders need to look at RTFKT as an example to if they’re actually building something of value, or something purely based on speculation, memes, and hype.