Adidas Originals Enters The Metaverse: The Biggest NFT News

In addition to the inherent value of the NFT, the owner of the NFT receives continued exclusive access to digital products. Once purchased, your NFT will automatically appear in the metamask and can be viewed in the digital wallet or on a marketplace like Opensea.

Adidas and the Metaverse: It’s Pioneering Work

The Adidas Originals collection was developed in collaboration with NFT pioneers Bored Ape Yacht Club, the team behind Punks’s Comic and Gmoney. The know-how behind this comes from existing Metaverse communities.

Gordon Goner and Gargamel, co-founders of the Bored Apes Yacht Club, say: “Adidas has a rich history of creating iconic moments and cultural change. Adidas’ decision to go with the Metaverse signals a change. We hope this is a signal that brands are inviting creatives to pioneer with us.”

What is the Adidas Originals: Into the Metaverse NFT?

NFT pioneers gmoney, PUNKS Comic and Bored Ape Yacht Club bring Adidas Originals in the metaverse to the table. The limited edition offers owners exclusive physical merchandise and continued digital uses.

What does NFT mean?

NFT is a blockchain-tracked and non-fungible token. NFT provides access to virtual wearable devices for the blockchain-based gaming world. “Purchased NFT” means an NFT that you own.

What is a cryptocurrency?

A cryptocurrency is a digital currency or store of value that uses blockchain, a digital ledger, to record and secure online transactions. Cryptocurrencies can be used to buy goods and services. The most traded cryptocurrency currently is Bitcoin, followed by Ethereum.

What is the Metaverse?

The term “Metaverse” originally dates back to American writer Neal Stephenson’s 1992 science fiction novel Snow Crash and is a pun on “meta” and “universe”. Mark Zuckerberg’s announcement on October 28, 2021 that Facebook is now called Meta is a smart marketing strategy that opens new doors to new virtual business models. The metaverse can be understood as a kind of digital alternative to the physical world, with a similar structure.

If you want to understand what Mark Zuckerberg and Tim Sweeney expect from the Metaverse, you should study the texts of venture capitalist Matthew Ball. His 2020 essay “The Metaverse: What It Is, Where To Find It, Who Will Build It, And Fortnite”. In his essay, Ball defines the seven basic attributes of the metaverse:

What is Bored Ape Yacht Club?

The Bored Ape Yacht Club is a collection of 10,000 Bored Ape NFTs on the Ethereum blockchain that are already firmly established in popular culture. With every Bored Ape NFT, you also gain an exclusive club membership that grants owners access to perks like product drops and events. As part of the Metaverse OG collection, Adidas Originals joined the swamp club and purchased monkey #8774 and designed NFT products to wear. The Adidas monkey is called Indigo Heart.

Who is gmoney?

Futuristic. disruptive. Monkey. The NFT influencer and gmoney community leader is known for his orange beanie and CryptoPunk monkey. A respected member of the premier Fortune NFTy 50, Gmoney does Metaverse education by also explaining terms like NFT and cryptocurrency to a wider community in the NFT space – a true NFT OG and crypto visionary who also brings beginners in crypto to the world the “digital flex”. (status symbols) makes accessible.

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