Tuesday, April 30, 2024

Adidas in Metaverse

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Stanislav Shishkin
Stanislav Shishkinhttps://cryptoapa.com/
Stanislav is one of the lead copywriters on cryptoapa.com and discusses all recent events in the crypto market. This includes news updates, but also price analyzes and more. He developed his passion for cryptocurrency during the bull run in 2017. He has learned a lot since then. The combination of cryptocurrency and creative writing is perfect for Jeroen and an excellent way to share his knowledge with a wide audience. Stanislav at cryptoapa.com

Leaping Into The Metaverse

Adidas originals – an Adidas subdivision dedicated to lifestyle and fashion – tweeted about their new partnership earlier today. Few details exist about what plans their “Metaverse” entry will entail, but they have confirmed partnerships with Punks Comic, GMoney, and BAYC.

GMoney is a top NFT collector, thought leader, and booster. Meanwhile, Punks Comic is an NFT comics series drawn by Chris Wahl – a Marvel and DC Comics artist. It fractionalized ownership of 16 different crypto punks, distributed it to the community, and built a story around them.

Finally, Bored Ape Yacht Club is one of the leading NFT collections available, with apes that have sold for tens of millions of dollars in Ether. This August, NBA star Steph Curry purchased a Bored Ape for $180k. Today, Adidas Originals has made one such ape their new profile pic, much to the excitement of fellow collectors on Twitter.

The popular sports brand released a short video trailer celebrating their three-way partnership. GMoney, a crypto punk, and a bored ape are shown flying from outer space together towards Earth, to the tune of Louis Armstrong’s “What a wonderful world”

Adidas Quietly Prepares for Web 3.0

Coinbase responded excitedly to Adidas’s announcement, promising to meet them in the Metaverse. Days ago, Adidas confirmed a partnership with Coinbase, adding the sarcastically used phrase “probably nothing” to the monumental news.

A spokesperson told CityAM last week that the partnership is supposed to increase Adidas’s foothold in the metaverse. Once again,  little detail remains beyond that.

Adidas may have some more concrete plans, however. Open-world blockchain game “The Sandbox,” recently revealed that a parcel of in-game land was earmarked for the company. Whether that land was given to or purchased by Adidas is unknown.

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