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

  • Russian Ruble seeing mild gains below $94 despite US dollar’s retreat

    TL;DR Breakdown The Russian Ruble (USD/RUB) is seeing mild upward movement around the 93.80 mark. The Ruble’s inability to capitalize on the US Dollar’s decline reflects traders’ concerns about potential economic challenges for the oil-rich nation. Description The Russian Ruble (USD/RUB) is seeing mild upward movement around the 93.80 mark, despite the US Dollar facing difficulties as Tuesday’s European session began.  Consequently, the Russian Ruble (RUB) is experiencing a second consecutive day of decline, reversing the gains observed last week. This shift can be attributed primarily to the unexpected interest rate increase … Read more The Russian Ruble (USD/RUB) is seeing mild upward movement around the 93.80 mark, despite the US Dollar facing difficulties as Tuesday’s European session began.  Consequently, the Russian Ruble (RUB) is experiencing a second consecutive day of decline, reversing the gains observed last week. This shift can be attributed primarily to the unexpected interest rate increase by the Central Bank of the Russian Federation (CBR). Notably, the pair’s relatively stronger performance indicates a higher uncertainty level in the Ruble than the US Dollar. The sentiment is…

    Article 2023年8月23日
  • Uncertainty grips China’s digital economy as Trust Reserve’s core team disappears

    TL;DR Breakdown The Trust Reserve’s core team, formerly the CNHC Group, has suddenly disappeared. The Trust Reserve headquarters in Shanghai have been subjected to a judicial seizure. Trust Reserve had secured $10 million in a Series A+ funding round earlier this year. The skyline of China’s booming digital economy is currently shrouded in uncertainty as reports have emerged about the sudden disappearance of the Trust Reserve’s core team, formerly the CNHC Group. A prominent name in the blockchain realm, Trust Reserve is best known for issuing two major stablecoins, one backed by the Chinese Yuan (CNY) and the other backed by the Hong Kong Dollar (HKD). On May 29, the team vanished abruptly from the radar, sparking concern and raising eyebrows across the crypto community. According to a recent article by PANews, a few relatives of the missing team members have been informed about this unexpected development. When PANews reporters took the initiative to visit Trust Reserve’s headquarters in Shanghai, they were greeted by a stark notice declaring a “judicial seizure.” The implications of this finding have sent ripples through…

    Article 2023年6月4日
  • Twitter imposes DM limits on unverified accounts to reduce spam

    TL;DR Breakdown Twitter has announced plans to impose daily limits on Direct Messages (DMs) sent by unverified accounts to reduce spam, sparking backlash from its user base. Critics argue that the move could be a strategy to push users towards Twitter’s subscription service, Twitter Blue, and may lead to increased competition from other social media platforms. Description Twitter, the global social media giant, has recently announced its plan to impose daily limits on the number of Direct Messages (DMs) that unverified accounts can send. The company stated that this move is part of its ongoing efforts to reduce spam in Direct Messages.  The announcement has sparked a wave of reactions from Twitter’s … Read more Twitter, the global social media giant, has recently announced its plan to impose daily limits on the number of Direct Messages (DMs) that unverified accounts can send. The company stated that this move is part of its ongoing efforts to reduce spam in Direct Messages.  We’ll soon be implementing some changes in our effort to reduce spam in Direct Messages. Unverified accounts will have daily…

    Article 2023年7月22日
  • There is a little trick to Federal Reserve’s inflation fight

    TL;DR Breakdown Federal Reserve Chair Jay Powell attributes reduced inflation to factors beyond the Fed’s control and rate hikes that have curbed credit demand. Despite the rise in federal funds rate, credit growth in the U.S. still exists, primarily due to credit cards. Description There’s a subtle cunning to the Federal Reserve’s latest endeavors in tackling inflation. Chair Jay Powell, when questioned about the downturn in inflation, offered a comprehensive defense. He noted the subsiding impacts of the pandemic and the Ukraine conflict, falling food and energy prices, and a consumer shift back to services over goods. All these … Read more There’s a subtle cunning to the Federal Reserve’s latest endeavors in tackling inflation. Chair Jay Powell, when questioned about the downturn in inflation, offered a comprehensive defense. He noted the subsiding impacts of the pandemic and the Ukraine conflict, falling food and energy prices, and a consumer shift back to services over goods. All these factors were beyond the Federal Reserve’s influence. However, Powell also alluded to their efforts in managing credit demand through rate hikes. Credit demand…

    Article 2023年7月29日
  • Ripple makes smart move to further dominate US markets

    TL;DR Breakdown Ripple acquires Fortress Trust, strengthening its U.S. market presence. Fortress Trust provides key regulatory and technological infrastructure for blockchain organizations. Acquisition adds to Ripple’s 30+ U.S. licenses, including the New York BitLicense. Description While the global financial industry remains in flux, Ripple has been strategically positioning itself for a greater slice of the American financial pie. Their most recent move? The acquisition of Fortress Trust. This is not just any acquisition; it’s a power move, indicating Ripple’s unwavering ambition to expand its dominance in the U.S. markets. Contents … Read more While the global financial industry remains in flux, Ripple has been strategically positioning itself for a greater slice of the American financial pie. Their most recent move? The acquisition of Fortress Trust. This is not just any acquisition; it’s a power move, indicating Ripple’s unwavering ambition to expand its dominance in the U.S. markets. Contents hide 1 Fortifying Its Regulatory Framework 2 Deepening Existing Ties 3 Beyond Fortress: A Ripple Effect in the Crypto World 4 Expanding Horizons with Fortress Fortifying Its Regulatory Framework The acquisition of…

    Article 2023年9月10日
TOP