The 'AJ1 Red Blue White Colorway' refers to a specific color variation of the Nike Air Jordan 1 shoe, which features a combination of red, blue, and white colors on the upper part of the shoe. The Nike Air Jordan 1, also known as the 'Moon Shoes,' is a classic basketball shoe that has become a symbol of sneaker culture. It was originally released in 1985 and has since seen numerous colorways and collaborations with various designers and brands.