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Monday, November 3, 2025

Web3 Community Mourns Passing of Benoît Pagotto, Visionary Co-Founder of RTFKT Studios

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Neutral SentimentThis is a tragic personal loss for the Web3 community, not a direct financial market event, hence a neutral score for market sentiment.

The Web3 and NFT communities are reeling from the profound loss of Benoît Pagotto, the esteemed co-founder of RTFKT Studios, who has reportedly passed away at the age of 41. Pagotto was a pivotal figure in bridging the worlds of high fashion, digital art, and blockchain technology, leaving an indelible mark on the burgeoning digital economy. His untimely death is met with widespread grief, as tributes pour in for a visionary whose work fundamentally shaped the landscape of phygital collectibles and metaverse aesthetics, particularly through RTFKT’s influential partnership with Nike.

A Pioneer’s Journey: Blending Culture and Code

Benoît Pagotto, alongside his co-founders Steven Vasilev and Chris Le, established RTFKT in 2020 with a bold mission: to create future-defining digital artifacts. Pagotto’s unique blend of cultural insight, marketing acumen, and an early understanding of blockchain’s potential propelled RTFKT to the forefront of the NFT space. He envisioned a future where digital ownership was as tangible and desirable as physical goods, and his studio’s creations consistently pushed the boundaries of what was possible in digital fashion, collectibles, and immersive experiences.

Under Pagotto’s guidance, RTFKT quickly became synonymous with innovation, often blurring the lines between the digital and physical realms. Their early success with virtual sneakers, which often commanded higher prices than their real-world counterparts, captured the imagination of both crypto natives and mainstream audiences. His foresight in recognizing the cultural significance of digital identity and expression laid the groundwork for many of the studio’s groundbreaking projects.

RTFKT’s Enduring Legacy and Impact on Nike

RTFKT’s meteoric rise culminated in its acquisition by sportswear giant Nike in December 2021, a landmark event that signaled mainstream recognition for the Web3 sector. Pagotto played a crucial role in steering RTFKT through this transition, ensuring that its rebellious, innovative spirit remained intact while leveraging Nike’s global reach. The synergy between RTFKT’s digital craftsmanship and Nike’s brand power was expected to unlock unprecedented avenues for innovation in virtual goods and metaverse experiences.

  • Pioneering Phygital Collectibles: RTFKT was instrumental in defining the concept of ‘phygital’ products, offering digital twins or exclusive physical items alongside NFTs.
  • Iconic NFT Collections: Projects like CloneX, a collection of 20,000 3D avatars, became cornerstone assets in the Web3 space, offering holders extensive utility and cultural relevance.
  • Strategic Brand Collaborations: Beyond Nike, RTFKT engaged in high-profile collaborations with artists and brands, solidifying its reputation for cutting-edge design and creative execution.
  • Metaverse and Digital Identity Innovation: Pagotto’s vision consistently pushed towards creating immersive digital identities and experiences within the metaverse, making RTFKT a leader in this evolving frontier.

The loss of Pagotto leaves a void in RTFKT’s leadership, raising questions about the future creative direction, although the studio’s strong foundation and talent pool, along with Nike’s backing, suggest a commitment to his pioneering vision.

A Community United in Grief and Gratitude

News of Pagotto’s passing sparked an immediate and heartfelt outpouring from across the crypto, NFT, and fashion communities. Colleagues, collaborators, and admirers took to social media to share anecdotes, express their condolences, and celebrate his significant contributions. He was remembered not just for his professional achievements but also for his infectious passion, humility, and willingness to share his knowledge and insights with others.

His influence extended far beyond RTFKT, inspiring countless creators and entrepreneurs to explore the potential of Web3. The collective grief underscores the strong sense of community that Pagotto helped foster within a rapidly evolving industry, demonstrating the profound human connections forged even in digital spaces.

Conclusion

Benoît Pagotto’s passing is a profound loss for the Web3 community, marking the departure of a true visionary who helped define the intersection of art, technology, and culture in the digital age. His work with RTFKT Studios not only garnered mainstream attention for NFTs but also laid critical groundwork for how we perceive digital ownership and identity. While his physical presence will be deeply missed, Pagotto’s pioneering spirit and the innovative legacy of RTFKT will undoubtedly continue to inspire and shape the future of Web3 for years to come.

Pros (Bullish Points)

  • Pagotto's innovative vision will continue to inspire new generations of Web3 creators and entrepreneurs.
  • The strong foundation and team at RTFKT, backed by Nike, are poised to carry forward his pioneering work in digital fashion and collectibles.

Cons (Bearish Points)

  • The Web3 and digital fashion industries lose a key visionary and thought leader, potentially impacting future strategic direction and creative innovation.
  • A period of sadness and reflection for the RTFKT team and the broader community, which could temporarily affect morale.

Frequently Asked Questions

Who was Benoît Pagotto?

Benoît Pagotto was a visionary co-founder of RTFKT Studios, a leading Web3 company known for its digital fashion, NFTs, and 'phygital' collectibles, which was acquired by Nike in 2021.

What was RTFKT Studios known for?

RTFKT Studios pioneered the intersection of digital and physical assets, creating high-value NFT collections like CloneX, virtual sneakers, and innovative metaverse experiences, ultimately leading to its acquisition by Nike.

How does this impact RTFKT or Nike's Web3 initiatives?

While Pagotto's passing is a significant loss of a creative leader, RTFKT's established team and strong partnership with Nike suggest that its Web3 initiatives are likely to continue, built upon the foundation and vision he helped establish.

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