Adidas and Stepn move from NFTs to physical products with planned sneaker drop this month
Quick Take Adidas and its blockchain partner Stepn announced they will be dropping a collection of 1,200 physical shoes.
Shoe and sports apparel giant Adidas and its blockchain partner Stepn announced on Thursday that they will drop a limited number of physical shoes.
The move follows April's announcement that Adidas and the Solana-based fitness app Stepn had partnered to release 1,000 NFTs, which made up the Stepn x Adidas Genesis Sneakers collection. Later this month, the two companies will make available a "limited-edition collection of 1,200 physical Adidas Ultraboost 5 running shoes," Stepn said in a statement.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Time is Running Out! The 5 Next Cryptos to Explode with Massive Gains!
How to Leverage FXGuys’ Ecosystem for Long-Term Crypto Gains
Cryptocurrency Enthusiast Earns $15,000 a Day with BCH Miner
Bitcoin dominance rises to 58% as altcoins struggle, legacy tokens show strength
Bitcoin’s ability to maintain its market dominance without significant price appreciation remains a key consideration, particularly as legacy cryptos show renewed strength.The following is an excerpt from The Block’s Data and Insights newsletter.