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Nike’s abandoned digital brand, Rtfkt, was pronounced “Artifact” and lost Clonex Art overnight.
All 19,500 Ethereum NFT art in the collection was replaced with a black background with white text that has been restricted. Using CloudFlare’s basic services in this way is a violation of our Terms of Use. For more information, please visit CFL.re/TOS.”
That URL will be redirected to a CloudFlare terminology page that indicates that the more basic CloudFlare plans do not allow clients to stream videos. “We have limited our ability to use services to deliver video bits from our network to visitors because every second of a typical video requires as much bandwidth as loading a full web page,” the page reads.
“Unfortunately, most people respect these restrictions and understand that they exist to ensure high quality service for all CloudFlare customers, but some users try to misinterpret the service in order to stream videos in violation of our terms of service,” the post continues.
This issue appears to be due to the fact that Clonex NFT data is not hosted on a proper CloudFlare plan. Others like Yuga Labs Blockchain Lead 0xquit speculated that RTFKT forgot to pay the CloudFlare bill and saw the service cancelled (RTFKT lead Samuel Cardillo said “I have nothing to do with my unpaid bill).
Other RTFKT collections – like the NFTs of artist Mothocious, its Animus Eggs, Nike Dunk Cryptokicks, visible video art, from 10:30am on Thursday when white clonex art was still visible video art.
Clonex Shakeup appears to have happened overnight when several X users noticed the problem and flagged it on social media.
“And some people thought this was the next @cryptopunksnfts since it was abandoned,” Xeer, founder of ape Ventures, wrote early Thursday morning. Unlike most NFT collections, Cryptopunks Art saves a totally on Ethereum.
NFTs are essentially more variable and censorable than decentralized data storage options, as they can use ART or visual data hosted by central companies such as CloudFlare or AWS. Tokens still exist, but the art associated with them may disappear or change.
However, by 11:15am on Thursday, some of the Clonex NFT ART had reappeared, suggesting that the CloudFlare issue had been resolved (by 12:30pm ET, ART had reappeared).
So what happened? Samuel Cardilo, head of RTFKT High Tech, said Clonex and Animus NFTS are moving to a decentralized blockchain storage platform Arweave. Cardillo added that the CloudFlare plan will end at the end of April. The team had been trying to switch storage infrastructure since December, but the switch took longer “for internal corporate (SIC) processes.”
“For some reason, this morning, CloudFlare decided to move a few days before the end of its Free Plan (a) agreement. This also caused a bug in which CloudFlare refused to stream images and videos,” says Cardillo.
RTFKT closed its operations in December, promoting over 3,300 Clonex sales in a day as traders gave up hope for the future of their collection.
RTFKT’s posts about the shutdown at the time did not provide much explanation. Instead, they argued that the shutdown was a “new chapter” for the company.
“RTFKT is not the end. It is becoming what was always meant to be. Artificial Cultural Revolution.” post read.
It’s a bitter end for those who lost money in NFTs and those who have long-term hopes for their December 2021 collection. Clonex floor prices hit an all-time low earlier this month, with NFTS sold at ETH worth around $230 per NFTSPRICEFLOOR data.
In April 2022, floor prices for the RTFKT Clonex NFTS exceeded $60,000 per NFT. There is clonex nfts It sold For a price of $1.25 million.
BlockWorks reached out to CloudFlare for comment.
