Adidas x Fewocious collabo set to shake the NFT market

TL;DR Breakdown

  • Adidas, the global apparel giant, has joined forces with renowned digital artist Fewocious on an exciting collaboration that combines physical sneakers with NFT technology. 
  • The release of the Trefoil Flower NFT will follow a three-tier pre-sale, followed by a public mint.
  • Fewocious, also known as Victor Langlois, is a 20-year-old transgender artist who has gained significant recognition in the NFT space.

Adidas, the global apparel giant, has joined forces with renowned digital artist Fewocious on an exciting collaboration that combines physical sneakers with NFT technology. The collaboration aims to explore the “art of play” and will feature 4,500 editions of an NFT mint pass named “Trefoil Flower.” These passes will be exclusively available for purchase on the OpenSea marketplace starting from June 22.

The Trefoil Flower NFT mint pass serves as a unique redemption ticket for a pair of custom-designed physical sneakers called Adidas Originals Campus 00s. To claim their sneakers, mint pass holders will have the option to “burn” (permanently destroy) the NFT. The burning process is scheduled to begin in August, with shipping expected the following month. Each pair of physical sneakers will contain an NFC tag, a technological device embedded in items such as phones and contactless credit cards. This NFC tag will be linked to a companion NFT, creating a digital representation of the physical sneaker.

The release of the Trefoil Flower NFT will follow a three-tier pre-sale, followed by a public mint. Early access to minting, at a discounted price of 0.2 ETH (approximately $350), will be granted to holders of Adidas’ existing Alts Decos and Soles NFTs, as well as Fewocious Paint Drops. Holders of other specified NFTs, including Bored Ape Yacht Club, Doodles, and Rug Radio NFTs, will have the opportunity to mint at a later stage for 0.25 ETH ($435). The public sale will then commence at the same price.

Adidas vs NFT

Fewocious, also known as Victor Langlois, is a 20-year-old transgender artist who has gained significant recognition in the NFT space. His artwork features vibrant and playful use of paint, often evoking childhood memories. Fewocious has achieved considerable success in the Web3 community, amassing over $50 million in lifetime sales and collaborating with prominent entities such as RTFKT (owned by Nike), auction houses Christie’s and Sotheby’s, and even the David Bowie estate.

Adidas has been actively involved in the NFT realm since acquiring a Bored Ape NFT and using it to create the fictional character Indigo Herz in December 2021. The brand’s collaboration with the Bored Ape Yacht Club, Punks Comic, and influential NFT figure gmoney, titled “Into the Metaverse,” has generated over $150 million worth of NFT trading volume to date. The collection allowed NFT holders to claim exclusive merchandise. Building on the success of this collection, Adidas recently launched the Alts project.

Following this trend, fellow apparel brand Puma has also ventured into the NFT space with a physical sneaker initiative featuring NBA star LaMelo Ball and the NFT project Gutter Cat Gang. Puma’s GutterMelo MB.03 sneaker, set to release in late June, will be available for purchase at $175 via an NFT pass.

This collaboration between Adidas and Fewocious signifies the growing intersection between physical apparel and NFTs. By combining tangible products with digital assets, the brands aim to provide a unique and immersive experience for collectors and enthusiasts alike

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

文章来源于互联网:Adidas x Fewocious collabo set to shake the NFT market

Disclaimers:

1. You are solely responsible for your investment decisions and this info is not liable for any losses you may incur.

2. The copyright of this article belongs to the writer, it represents the writer's opinions only, not represents the site's ones. Not financial advice.

Previous 2023年6月17日 06:47
Next 2023年6月17日 08:00

Related articles

  • Worldcoin announces that 1% of Chile’s population is now registered with World IDs

    TL;DR Breakdown Worldcoin successfully registers 1% of Chile’s citizens, or over 200,000 individuals, with its unique World IDs. This achievement underscores the increasing adoption and importance of digital identities in the modern era. Description In a remarkable stride for the expanding world of cryptocurrencies and digital identities, Worldcoin recently announced a significant milestone in its engagement with the Latin American region. Notably, they have successfully onboarded 1% of Chile’s population, translating to over 200,000 individuals, onto its platform. The pioneering World ID verification process Delving deeper into Worldcoin’s approach, … Read more In a remarkable stride for the expanding world of cryptocurrencies and digital identities, Worldcoin recently announced a significant milestone in its engagement with the Latin American region. Notably, they have successfully onboarded 1% of Chile’s population, translating to over 200,000 individuals, onto its platform. The pioneering World ID verification process Delving deeper into Worldcoin’s approach, the core strategy focuses on prompting users to establish a World ID. This is not just any digital identity but is a privacy-centric one, crafted using an exclusive biometric device termed an “Orb”….

    Article 2023年9月26日
  • Here is why AI music could win a Grammy award

    TL;DR Breakdown AI-created music can qualify for Grammy consideration, but awards will only go to human creators. AI is seen as a tool to enhance, not replace, human creativity in music. The Recording Academy has set rules acknowledging the role of AI in modern music creation. Description Artificial Intelligence (AI) is increasingly asserting its position in various fields, and music is no exception. With advancements in technology, the spectrum of music creation is expanding beyond human ability, resulting in a fascinating intersection of human ingenuity and machine learning. This brings us to an intriguing prospect: could AI music potentially receive a prestigious … Read more Artificial Intelligence (AI) is increasingly asserting its position in various fields, and music is no exception. With advancements in technology, the spectrum of music creation is expanding beyond human ability, resulting in a fascinating intersection of human ingenuity and machine learning. This brings us to an intriguing prospect: could AI music potentially receive a prestigious Grammy Award? The short answer is a firm maybe. Here’s why. Understanding the Boundaries of AI Music In light of…

    Article 2023年7月7日
  • Crypto industry exposed as major source of tax evasion

    TL;DR Breakdown Members of the US Congress have written a letter to Treasury Secretary Janet Yellen and IRS Commissioner Daniel Werfel, urging the implementation of tax regulations for the cryptocurrency industry. Earlier in May, the Biden administration proposed a 30% Digital Asset Mining Energy (DAME) tax on bitcoin miners. Congressmen Sherman and Lynch’s letter highlights the pressing need to regulate the industry and enforce tax compliance. Members of the United States Congress, Brad Sherman, and Stephen Lynch have written a letter to Treasury Secretary Janet Yellen and IRS Commissioner Daniel Werfel, urging the implementation of tax regulations for the cryptocurrency industry. Sherman and Lynch expressed concerns about the widespread tax evasion within the crypto sector, referring to it as a significant contributor to the country’s tax gap. In their letter, the congressmen referenced an audit report from September 2020, conducted by the Treasury Inspector General for Tax Administration (TIGTA), which highlighted the IRS’s failure to identify taxpayers involved in cryptocurrency transactions due to a lack of reporting. They emphasized that despite the passage of the Bipartisan Infrastructure Bill in November…

    Article 2023年6月11日
  • Oil is being dethroned in Saudi Arabia by this new shiny thing

    Description Once hailed as the beacon of the world’s oil industry, Saudi Arabia is rapidly pivoting to an unlikely successor to its liquid gold throne – international sports. With deep pockets and a burning ambition, the Saudi leaders have set their sights on the glamour and allure of the world’s most beloved games to revolutionize their … Read more Once hailed as the beacon of the world’s oil industry, Saudi Arabia is rapidly pivoting to an unlikely successor to its liquid gold throne – international sports. With deep pockets and a burning ambition, the Saudi leaders have set their sights on the glamour and allure of the world’s most beloved games to revolutionize their national image and economy. A Soccer Revolution in the Desert Kingdom Yes, the oily sheen of Saudi’s wealth is making waves in the football world. Forget the quiet pilgrim trails of Mecca and Medina for a moment; the spotlight now also dances on the football pitches where international legends like Christiano Ronaldo and Neymar Junior now play. The staggering transfers of these athletes to Saudi football…

    Article 2023年9月13日
  • Worldcoin’s ID system open to governments and businesses

    TL;DR Breakdown The dystopian crypto project Worldcoin is expanding its iris-scanning technology for identity verification to governments and businesses globally. Over 2.2 million people have signed up, with some receiving free cryptocurrency. The company has raised $115 million from venture capital investors for expansion into various regions. Description Worldcoin’s ambitious move to make its iris-scanning and identity-verifying technology accessible to governments and businesses alike marks a bold step in the rapidly growing field of digital identity and financial networking. The company, co-founded by OpenAI CEO Sam Altman, is both attracting millions and drawing scrutiny over privacy concerns. Worldcoin expanding operations and raising eyebrows … Read more Worldcoin’s ambitious move to make its iris-scanning and identity-verifying technology accessible to governments and businesses alike marks a bold step in the rapidly growing field of digital identity and financial networking. The company, co-founded by OpenAI CEO Sam Altman, is both attracting millions and drawing scrutiny over privacy concerns. Worldcoin expanding operations and raising eyebrows Worldcoin, having launched last week, is already making waves with its shiny spherical “orb” that scans faces in exchange…

    Article 2023年8月3日
TOP