Adidas NFTs Sold for $22M

Adidas, one of the largest sports goods manufacturers in the world, put up for sale the NFT collection created as part of the Into the Metaverse project the other day. The 30,000 NFTs put up for sale were sold out within hours.

Recently, Germany-based sports goods manufacturer of adidas, which is very popular lately NFTs and to the metaverse We shared that you were going to log in. Moreover, Adidas is not the first company to do this, the world’s largest manufacturer of sports goods. Nike’s We mentioned in another news that he was thrown into Metaverse and NFTs.

Now Adidas’Into the MetaverseThe NFTs that it launched within the scope of its project named ” were offered for sale. All of these 30,000 NFTs, which the company describes as ‘will work in both the real world and the Metaverse’, were sold out and sold for millions of dollars a few hours after the sale started yesterday.

All NFTs are exhausted in a few hours

First of all, Adidas’ NFTs; It is worth mentioning that it was developed in partnership with popular NFT collections such as Bored Ape Yacht Club, Punk Comics, and popular cryptocurrency enthusiast GMoney. One of these NFTs is to 0.2 ETH, so approximately $765 Sold for a fee and sold out within hours.

In the statements made, it was stated that 29,620 of 30,000 NFTs were sold. Adidas stated that the remaining 380 NFTs are not sold for use in future events. In sales within a few hours more than $22 million Income was also included among the statements made. However, after sales on Ethereum (ETH) This decline also resulted in lower profits.

The company has 20,000 of these NFTs; It has made available to people who own Adidas Originals tokens, GMonet tokens, Bored Ape NFTs, Mutant Ape NFTs, and Pixel Vault NFTs before other people. Because of this, the few remaining NFTs made it difficult for other people to purchase and prevented anyone who wanted them from owning Into the Metaverse NFTs.

‘This is just the beginning’

Adidas NFT

In addition, the company has digital prints on Into the Metaverse. physical products (such as tracksuits and hooded sweaters) was also announced. Now, the company has announced that these products will not be available until 2022, and those who want to purchase the products may have to pay expensive pre-order fees.

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It remains unclear at the moment whether Adidas will come up with new NFTs in the future. However, on the company’s websitethis is just the beginning’ Considering the article, some NFTs are reserved for future projects and the Metaverse craze going on around the world, it would not be wrong to predict that the giant company will return to NFTs.

Source :
https://www.theverge.com/2021/12/17/22843104/adidas-nfts-metaverse-sold-bored-ape


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