Adidas’ First Wearable NFT Collection On Sale: $11 Million Profit So Far

Adidas introduced its first wearable NFT collection. The company has made a total profit of $11 million so far from royalties and sales of the collection.

Adidas shared on Twitter, “Virtual GearThe first blockchain-powered wearable NFT products called ” introduced. 8 silhouettes in 16 variations According to the statements made, the collection, which includes various models including total profit of 11 million dollars provided. Company 11 million dollars your wife $6.2 million from sales, 4.8 million dollars if from royalties achieved.

Adidas Vice President Erika Wykes-Sneyd, wearable In his speech at the launch of NFT products, he made the following statements:

I love the opportunities this collection offers for our most engaged user community. Every capsule owner has a choice at launch: to burn or list their virtual identities with Adidas’ first ever Virtual Gear collection and let others join the community. With our community and creative ecosystem at its core, Adidas will explore all viable utilities, platforms and experiences across Web3 to unlock new possibilities for our wearables, with a focus on tangible value and unwavering benefit for our community members.

According to the descriptions Adidas Originals: Capsule Users who have the NFT collection need to burn the Capsule NFT in their hands to see which of the 16 pieces fell on them. Customers who do not own the Adidas Capsule NFT can download the new Virtual Gear collection directly as OpenSea at the time of writing. via various NFT marketplaces they can acquire.

source site-10